Industry: Construction & Manufacturing | Publish Date: 12-Nov-2024 | No of Pages: 138 | No. of Tables: 102 | No. of Figures: 67 | Format: PDF | Report Code : CM651
The UK Additive Manufacturing Market size was valued at USD 828.1 million in 2023, and is predicted to reach USD 3882.7 million by 2030, at a CAGR of 23.1% from 2024 to 2030. In terms of volume, the market size was 49 thousand units in 2023, and is projected to reach 277 thousand units by 2030, with a CAGR of 25.9% from 2024 to 2030.
The additive manufacturing (AM) market, also referred to as additive layer manufacturing (ALM) or three-dimensional (3D) printing, constitutes a global industry focused on developing, producing, and distributing technologies and materials for creating three-dimensional objects layer by layer from digital models. This market serves a wide array of sectors including aerospace, automotive, healthcare, and consumer goods, providing advanced solutions for prototyping, production, and customized manufacturing.
AM is acclaimed for its capacity to manufacture highly intricate and personalized components while minimizing material waste, resulting in substantial cost savings and environmental benefits. A notable feature of this market is its diverse range of printing technologies such as stereolithography (SLA), selective laser sintering (SLS), and fused deposition modeling (FDM), each tailored to specific industry requirements and applications. Moreover, AM's ability for rapid prototyping accelerates product development cycles, empowering businesses to innovate and introduce products to market more swiftly compared to traditional manufacturing methods.
Organizational initiatives in the UK aimed at promoting 3D printing are significantly boosting additive manufacturing market growth by fostering innovation, investment, and adoption across various industries. These initiatives, backed by government policies and funding, provide businesses with the resources and incentives necessary to integrate 3D printing into their operations.
For example, the University of Wolverhampton, in collaboration with EOS and AMCM, inaugurated the UK Center of Excellence for 3D printing on March 2024. Located at the university’s Springfield Campus, this center focuses on advancing copper 3D printing technologies for sectors such as aerospace, automotive, and electronics. Supported by the UK’s Regional Innovation Fund, this initiative underscores strategic investments in research and sustainable manufacturing that propel additive manufacturing growth in the UK.
The burgeoning circular economy is a significant driver of the UK additive manufacturing demand for additive manufacturing (AM) by promoting sustainable production and resource efficiency. AM aligns with circular economy principles by enabling precise, on-demand manufacturing with minimal material waste, thereby reducing environmental impact and optimizing resource utilization. Additionally, AM facilitates the creation of complex designs that enhance product longevity and optimize material usage. In April 2024, Filamentive launched the UK's first 3D print waste recycling scheme, initially targeting PLA waste, to address the substantial plastic waste generated by the industry.
This initiative offers free recycling through a partnership with 3D Printing Waste (3DPW) to customers meeting a minimum purchase requirement, aiming to divert 100% of collected waste from landfills. By appealing to eco-conscious consumers and businesses, this scheme enhances the industry's sustainability profile and encourages broader adoption of 3D printing technologies across the country.
The substantial upfront investment needed for AM equipment, materials, and training constitutes a major obstacle to the UK additive manufacturing market trends. This financial commitment presents a significant challenge for businesses, particularly smaller ones, limiting their capacity to enter the market or expand their operations.
Additionally, ongoing expenses related to materials and training further contribute to the overall cost burden. Consequently, many businesses hesitate to adopt AM technology due to these initial financial barriers, thereby impeding the UK additive manufacturing market growth.
Incorporating artificial intelligence (AI) into additive manufacturing (AM) is expected to broaden the market by improving production processes, advancing product design capabilities, and enabling the creation of complex and customized objects. AI integration allows businesses to analyze large volumes of data collected during the printing process, including material properties, printing parameters, and environmental conditions. This analysis aids in recognizing patterns, refining settings, and anticipating potential defects, leading to enhanced printing accuracy and minimized material wastage.
The prominent key players operating in the UK additive manufacturing industry include 3D Alchemy, AG Prototypes, AM3D, Aurora 3D, Chalk Studios, Entwistle Group, HiETA Technologies Ltd, Renishaw, Impossible Creations, Lancashire 3D, and others.
Desktop 3D Printer
Industrial 3D Printer
Stereolithography
Fused Deposition Modeling
Selective Laser Sintering
Direct Metal Laser Sintering
Polyjet Printing
Inkjet Printing
Electron Beam Melting
Laser Metal Deposition
Digital Light Processing
Laminated Object Manufacturing
Other Technology
Hardware
Software
Design Software
Inspection Software
Printer Software
Scanning Software
Services
Prototyping
Tooling
Functional Parts
Desktop Additive Manufacturing
Educational Purpose
Fashion & Jewellery
Objects
Dental
Food
Other Desktop Additive Manufacturing
Industrial Additive Manufacturing
Automotive
Aerospace & Defense
Healthcare
Consumer Electronics
Power & Energy
Other Industrial Additive Manufacturing
3D Alchemy
AG Prototypes
AM3D
Aurora 3D
Chalk Studios
Entwistle Group
HiETA Technologies Ltd
Renishaw
Impossible Creations
Lancashire 3D
Parameters |
Details |
Market Size Value in 2023 |
USD 828.1 million |
Revenue Forecast in 2030 |
USD 3882.7 million |
Growth Rate |
CAGR 23.1% from 2024 to 2030 |
Market Volume in 2023 |
49 thousand units |
Market Forecast in 2030 |
277 thousand units |
Volume Growth Rate |
CAGR of 25.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |