Latin America Additive Manufacturing Market Size & Outlook
Latin America additive manufacturing market, 2017-2030 (US$M)
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Latin America additive manufacturing market highlights
- The Latin America additive manufacturing market generated a revenue of USD 1,462.3 million in 2023.
- The market is expected to grow at a CAGR of 20.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating printer component in 2023.
- Hardware is the most lucrative printer component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,462.3 million |
| Market revenue in 2030 | USD 5,440.7 million |
| Growth rate | 20.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | 3D Systems Corp, Autodesk Inc, Canon Inc, Dassault Systemes SE, EnvisionTEC, ExOne, GE Additive, HP Inc, Materialise NV ADR, Optomec, Organovo Holdings Inc, Proto Labs Inc, Shapeways Holdings Inc, Stratasys Ltd, Voxeljet AG ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global additive manufacturing market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 26,307.3 million by 2030.
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Additive Manufacturing Market Scope
Additive Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America additive manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to additive manufacturing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.42% in 2023. Horizon Databook has segmented the Latin America additive manufacturing market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
Growing industrial output and technological developments in the region have created a positive impact on the manufacturing sector in the region. Moreover, end-use industries have started adopting new technologies in their traditional manufacturing processes.
Automotive industry represents numerous opportunities for additive manufacturing vendors in the market. As numerous auto parts production and assembly companies are migrating to countries outside traditional markets.
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Target buyers of Latin America additive manufacturing market databook
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Our clientele includes a mix of additive manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America additive manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America additive manufacturing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America additive manufacturing market size, by country, 2017-2030 (US$M)
Latin America Additive Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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