Russia Additive Manufacturing Market

Plastic Optic Fiber Market Report Thumbnail

Russia Additive Manufacturing Market by Type (Desktop 3D Printer and Industrial 3D Printer), by Technology (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, and Other Technology), by Component (Hardware, Software, and Services), by Application (Prototyping, Tooling, and Functional Parts), and by End User (Desktop Additive Manufacturing and Industrial Additive Manufacturing) – Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Construction & Manufacturing | Publish Date: 15-Nov-2024 | No of Pages: 138 | No. of Tables: 102 | No. of Figures: 67 | Format: PDF | Report Code : CM660

  • Facebook
  • Linkedin
  • Whatsapp

Russia Additive Manufacturing Market Overview

Russia Additive Manufacturing Market size was valued at USD 481.0 million in 2023, and is predicted to reach USD 1931.3 million by 2030, at a CAGR of 20.5% from 2024 to 2030. In terms of volume, the market size was 27 thousand units in 2023, and is projected to reach 136 thousand units by 2030, with a CAGR of 23.5% 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.

Significant Growth of Manufacturing Sector Propels the Adoption of Additive Manufacturing

The expansion of traditional manufacturing sectors such as automotive, aerospace, and machinery is driving in Russia additive manufacturing market demand for more efficient, cost-effective, and agile production methods. Additive manufacturing (AM) addresses these challenges by enabling rapid prototyping, on-demand production, and the manufacturing of complex geometries with minimized material waste.

According to the latest World Bank report, Russia's manufacturing sector grew significantly, reaching USD 287.71 billion in 2022 from USD 236.43 billion in 2021, marking a notable increase of approximately 21.7%. As the manufacturing sector in Russia diversifies and integrates advanced materials and technologies such as composites and high-performance alloys, AM becomes an indispensable technology for producing customized components and enhancing overall production efficiency.

 

Rising Business Initiatives by Regional Players Accelerates the Market Growth

The introduction of additive manufacturing (AM) products by regional players in Russia plays a pivotal role in driving market growth by addressing specific needs and preferences of local industries. These regional players offer tailored solutions and localized support services that effectively meet the unique challenges and requirements of Russian manufacturers, thereby stimulating the adoption and utilization of AM across diverse sectors including automotive, aerospace, healthcare, and defense.

For example, in May 2023, Rosatom launched Russia's largest 3D printer aimed at advancing additive manufacturing technology and expanding its applications across industries such as nuclear energy, aerospace, and medicine. This printer enables the production of large-scale items with specified strength properties at a high rate, achieving up to 2.4 kg/h using powdered materials derived from nickel alloys, stainless steel, and heat-resistant steels. Such initiatives increase accessibility to AM technologies and foster innovation within the market.

 

High Initial Investment Restrains Market Growth

The significant initial investment required for AM equipment, materials, and training poses a substantial barrier to Russia additive manufacturing market trends. This financial commitment represents a significant challenge for businesses, especially smaller ones, restricting their ability to enter or scale operations within the market. Moreover, ongoing costs associated with materials and training compound the overall financial burden. As a result, many businesses are cautious about adopting AM technology due to these initial financial hurdles, thus hindering potential of the Russia additive manufacturing market growth.

Integration of Artificial Intelligence (AI) in Additive Manufacturing Presents Lucrative Opportunity for Market Expansion

The incorporation of  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.

 

Competitive Landscape

The prominent key players operating in Russia additive manufacturing industry include AB Universal, Igo3D, Aniwaa, 3D Made, Motorica, Anisoprint, AMT Spetsavia, Picaso 3D, iGo3D Russia, AddSol and others.

Russia Additive Manufacturing Market Key Segments

By Type

  • Desktop 3D Printer

  • Industrial 3D Printer

By Technology 

  • 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

By Component 

  • Hardware

  • Software

    • Design Software

    • Inspection Software

    • Printer Software

    • Scanning Software

  • Services

By Application 

  • Prototyping

  • Tooling

  • Functional Parts

By End User 

  • 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

Key Players

  • AB Universal

  • Igo3D

  • Aniwaa

  • 3D Made

  • Motorica

  • Anisoprint

  • AMT Spetsavia

  • Picaso 3D

  • IGo3D Russia

  • AddSol

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size Value in 2023

USD 481.0 million

Revenue Forecast in 2030

USD 1931.3 million

Growth Rate

CAGR 20.5% from 2024 to 2030

Market Volume in 2023

27 thousand units

Market Forecast in 2030

136 thousand units

Volume Growth Rate

CAGR of 23.5% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Significant growth of manufacturing sector drives the market growth.

  • Rise in adoption of initiatives by regional players boosts the market growth.

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.

Bar chart Pie chart Pie chart

Frequently Asked Questions

The key market players operating in Russia additive manufacturing market are AB Universal, Igo3D, Aniwaa, 3D Made, Motorica, Anisoprint, AMT Spetsavia, Picaso 3D, iGo3D Russia, AddSol and others.

According to the Next Move Strategy Consulting, the size of Russia additive manufacturing market is estimated to be at USD 1931.3 million in 2030.

The integration of artificial intelligence in 3D printing is expected to create opportunities for Russia additive manufacturing market.

High upfront cost acts as restraining factor to the growth of the market.

According to the Next Move Strategy Consulting, the size of the market is estimated at USD 481.0 million in 2023.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more