Additive Manufacturing In Semiconductor Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 266.67 Million |
| Market Size (2029) | USD 767.37 Million |
| CAGR (2024 - 2029) | 23.50 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Additive Manufacturing In Semiconductor Market Analysis
The Additive Manufacturing In Semiconductor Industry Market size is estimated at USD 266.67 million in 2024, and is expected to reach USD 767.37 million by 2029, growing at a CAGR of 23.5% during the forecast period (2024-2029).
- The potential for additive manufacturing within the semiconductor sector appears highly encouraging. With ongoing technological advancements and decreasing costs, adoption is anticipated to become more widespread. Developments in materials and processing methods are expected to enhance the versatility of additive manufacturing in the semiconductor industry, facilitating the creation of intricate and precise semiconductor parts.
- The demand for semiconductors is experiencing a significant surge as an increasing number of products rely on them for operation. This demand is primarily fueled by the production of consumer electronics, including smartphones, tablets, and desktop computers, as well as industrial and military devices such as sensors, microchips, and lasers. In order to meet this growing demand, semiconductor manufacturers require new capital equipment to sustain and enhance their silicon processing capabilities.
- The semiconductor manufacturing landscape is experiencing significant transformation as technological advancements strive to address industry demands. The implementation of process automation enhances efficiency and minimizes defects within the production workflow.
- Consequently, there is an increasing focus on additive manufacturing in semiconductor fabrication. Through 3D printing, components are produced layer by layer, utilizing computer-aided design (CAD) files to achieve intricate geometric configurations. Additive manufacturing is revolutionizing the methods of wafer processing and lithography.
- As the emphasis on sustainability intensifies, the minimized material waste and energy efficiency associated with additive manufacturing will be vital to the industry's sustained expansion. Overall, additive manufacturing is set to emerge as a fundamental element in semiconductor production, fostering innovation and enhancing efficiency in the foreseeable future.
- The rising government initiative and investment to boost the semiconductor industry are expected to propel market growth. For instance, in July 2024, the Canadian government declared a CAD 120 million (USD 88.56 million) investment in a semiconductor initiative exceeding CAD 220 million (USD 162.36 million), known as FABrICm, which is spearheaded by CMC Microsystems (CMC). As a not-for-profit research organization, CMC is expected to facilitate the establishment of the Fabrication of Integrated Components for the Internet's Edge (FABrIC) network, collaborating with its partners in Canada.
- Nevertheless, the expenses associated with additive manufacturing remain elevated, resulting in challenges related to affordability, particularly in developing and underdeveloped nations. More qualified personnel are needed to operate this equipment. These elements have hindered the expansion of the market.
- The semiconductor sector has experienced slight month-to-month growth; however, it is confronted with various challenges, including rising prices, geopolitical conflicts, and the ongoing effects of the pandemic. These elements influence consumer behavior and add to macroeconomic instability, resulting in variations in semiconductor demand, which can further affect market growth. In addition, the industry is impacted by currency fluctuations and the potential threat of a global economic recession.
Additive Manufacturing In Semiconductor Market Trends
Metal Segment is Expected to Hold Significant Market Share
- The semiconductor sector, recognized for its accuracy and innovative capabilities, has undergone a notable transformation toward sophisticated manufacturing methods. Metal additive manufacturing (AM), called metal 3D printing, is becoming an essential instrument in the semiconductor industry. The capacity to produce intricate geometries, facilitate rapid prototyping, and enable customization has led to a significant increase in the demand for metal additive manufacturing within semiconductor production and research.
- The semiconductor industry relies heavily on swift development cycles. Metal additive manufacturing (AM) facilitates accelerated prototyping, enabling engineers to efficiently test and refine their designs. This increased speed can lead to a substantial reduction in both time-to-market and the expenses related to product development. Metal AM accommodates customized production, which is becoming increasingly vital in semiconductor applications.
- Metal additive manufacturing in the semiconductor industry facilitates the designing and creation of intricate heat sinks and cooling structures that can be customized to meet specific needs. In addition, the semiconductor manufacturing process frequently requires bespoke fixtures and tooling. The use of metal additive manufacturing enables the swift production of these components, thereby minimizing lead times and enhancing operational flexibility.
- The growing semiconductor sales across the world are expected to further support the market growth. The Semiconductor Industry Association (SIA) reported that global sales in the semiconductor sector reached USD 51.3 billion in July 2024. This figure reflects an 18.7% increase from the USD 43.2 billion recorded in July 2023 and a 2.7% rise compared to the June 2024 total of USD 50.0 billion.
- Several companies are focusing on adopting metal printing capabilities to improve the process. For instance, in August 2024, Markforged revealed the enhancement of its FX10 machine with the addition of metal printing capabilities. With the introduction of the FX10 Metal Kit, this industrial additive manufacturing machine can utilize metal filaments, including a newly available stainless steel option.
Asia-Pacific is Expected to Hold Significant Market Share
- The demand for additive manufacturing in the region's semiconductor industry market is increasing as governments are playing an essential role in promoting the semiconductor industry. For instance, the Indian government has established the National Center for Additive Manufacturing (NCAM), which serves as the leading authority for additive manufacturing in India. NCAM is tasked with overseeing the effective nationwide execution of the strategy and the realization of the National Strategy for Additive Manufacturing (NSAM), which is expected to contribute an additional USD 1 billion to the GDP by 2025.
- NCAM aims to monitor and advance the integration of advanced additive manufacturing technologies and their industrial applications across diverse sectors in India. In addition, NCAM is expected to prioritize the facilitation of additive design development, the qualification of metal materials, post-processing needs, and certification while also addressing existing limitations and challenges that hinder industries and end users from fully capitalizing on the advantages of this technology.
- The Chinese government is actively implementing various strategies to strengthen the resilience of its manufacturing sector. For instance, in May 2024, China established its third and most substantial state-supported semiconductor investment fund, amounting to USD 47.5 billion. This initiative reflects the nation's intensified commitment to developing its domestic chip industry, which is expected to bolster the demand for additive manufacturing within the country.
- Similarly, Japan stands as a prominent manufacturing center within the Asia-Pacific region. The country's semiconductor sector is recognized as a frontrunner in adopting advanced technologies. The Technology Research Association for Future Additive Manufacturing (TRAFAM) represents Japan's inaugural national initiative to promote the advancement of Metal Additive Manufacturing systems and technologies.
- In addition, the expansion of the region's infrastructure, the accessibility of a workforce at comparatively lower wages, and the existence of a substantial consumer base serve as incentives for international semiconductor companies to penetrate the market, thereby fostering a positive environment for the growth of the studied market within the nation.
Additive Manufacturing In Semiconductor Industry Overview
The additive manufacturing in the semiconductor industry is highly fragmented, with global conglomerates and specialized players operating across various segments. While several large multinational companies dominate certain high-value segments, numerous regional and niche players contribute to the overall competition, making the market highly diverse. This fragmentation is driven by the wide range of components, allowing large and small companies to coexist and thrive in the market.
Leading companies in the vacuum pump market include 3D Systems Corporation, EnvisionTEC GmbH, Materialise NV, Optomec Inc., and General Electric Company (GE Additive), among others. These companies have established strong brand recognition and extensive global operations, enabling them to command significant market share. Their strengths lie in innovation, broad product portfolios, and strong distribution networks. These leaders often engage in strategic acquisitions and partnerships to maintain their competitive edge and expand their market reach.
To succeed in additive manufacturing in the semiconductor industry, companies must prioritize innovation, especially in energy efficiency and environmental sustainability. The semiconductor production system is currently experiencing significant transformations as technology advances to better serve the industry's requirements. The rise of process automation is enhancing efficiency and minimizing defects in manufacturing. Consequently, there is a heightened interest in additive manufacturing for semiconductor production. Through 3D printing, components can be created layer by layer using computer-aided design (CAD) files, allowing for the development of intricate geometric designs. Companies that invest in emerging markets and adapt their products to regional needs are likely to gain a competitive advantage in this fragmented market.
Additive Manufacturing In Semiconductor Market Leaders
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3D Systems Corporation
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EnvisionTEC GmbH
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Materialise NV
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Optomec Inc.
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General Electric Company (GE Additive)
*Disclaimer: Major Players sorted in no particular order
Additive Manufacturing In Semiconductor Market News
- July 2024: Prusa Research unveiled the Prusa Pro HT90 3D printer, signifying its foray into the industrial 3D printing sector. This innovative printer was presented at the Rapid TCT exhibition held in Los Angeles. Featuring delta kinematics, the printer boasts versatility and delivers high-speed performance, outstanding print quality, compatibility with an extensive range of third-party materials (eliminating vendor lock), and robust user data security.
- July 2024: Hello Additive unveiled its innovative Dragon Software, aimed at transforming the additive manufacturing sector. This software delivers sophisticated features for enhancing the 3D printing workflow, granting manufacturers exceptional control, accuracy, and efficiency.
- May 2024: Boston Micro Fabrication (BMF) announced launching the first-ever series of hybrid micro-precision 3D printers designed for micro-scale and ultra-high-resolution applications, offering customers enhanced options for high-precision 3D printing. The inaugural model in this series, the dual-resolution microArch D1025, is capable of printing at resolutions of 10 µm or 25 µm, as well as in a hybrid mode that allows for the use of both resolutions within the same or separate layers.
Additive Manufacturing In Semiconductor Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Impact of COVID-19 Aftereffects and Other Macroeconomic Factors on the Market
4.5 Technological Trends and Advancements
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 New and Improved Technologies To Drive Product Customization
5.1.2 Customization, Personalization, Complex Geometries and Design Freedom
5.2 Market Restraint
5.2.1 High Initial Investment
5.2.2 Lack of Standardization & Process Control
6. MARKET SEGMENTATION
6.1 By Component
6.1.1 Hardware
6.1.1.1 Desktop 3D Printer
6.1.1.2 Industrial 3D Printer
6.1.2 Software
6.1.2.1 Design Software
6.1.2.2 Inspection Software
6.1.2.3 Printer Software
6.1.2.4 Scanning Software
6.1.3 Services
6.2 By Material
6.2.1 Polymer
6.2.2 Metal
6.2.3 Ceramic
6.3 By Technology
6.3.1 Stereo Lithography
6.3.2 Fused Deposition Modeling
6.3.3 Laser Sintering
6.3.4 Binder Jetting Printing
6.3.5 Other Technologies
6.4 By Geography***
6.4.1 North America
6.4.2 Europe
6.4.3 Asia
6.4.4 Australia and New Zealand
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 3D Systems Corporation
7.1.2 General Electric Company (GE Additive)
7.1.3 EnvisionTEC GmbH
7.1.4 EOS GmbH
7.1.5 Exone Company
7.1.6 MCOR Technology Ltd
7.1.7 Materialise NV
7.1.8 Optomec Inc.
7.1.9 Stratasys Ltd
7.1.10 SLM Solutions Group AG
7.1.11 Hello Additive
7.1.12 Boston Micro Fabrication (BMF)
7.1.13 Voxeljet AG
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Additive Manufacturing In Semiconductor Industry Segmentation
Additive manufacturing, commonly referred to as 3D printing, has emerged as a crucial element within the semiconductor sector. The study tracks the revenue accrued through the sale of additive manufacturing by component, material, technology, and geography. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period.
Additive manufacturing in semiconductor industry market is segmented by component (hardware (desktop 3D printer and industrial 3D printer), software (design software, inspection software, printer software, and scanning software), and services), material (polymer, metal, and ceramic), technology (stereo lithography, fused deposition modeling, laser sintering, binder jetting printing, and other technologies), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | ||||||
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| Services |
| By Material | |
| Polymer | |
| Metal | |
| Ceramic |
| By Technology | |
| Stereo Lithography | |
| Fused Deposition Modeling | |
| Laser Sintering | |
| Binder Jetting Printing | |
| Other Technologies |
| By Geography*** | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand |
Additive Manufacturing In Semiconductor Market Research FAQs
How big is the Additive Manufacturing In Semiconductor Market?
The Additive Manufacturing In Semiconductor Market size is expected to reach USD 266.67 million in 2024 and grow at a CAGR of 23.5% to reach USD 767.37 million by 2029.
What is the current Additive Manufacturing In Semiconductor Market size?
In 2024, the Additive Manufacturing In Semiconductor Market size is expected to reach USD 266.67 million.
Who are the key players in Additive Manufacturing In Semiconductor Market?
3D Systems Corporation, EnvisionTEC GmbH, Materialise NV, Optomec Inc. and General Electric Company (GE Additive) are the major companies operating in the Additive Manufacturing In Semiconductor Market.
Which is the fastest growing region in Additive Manufacturing In Semiconductor Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Additive Manufacturing In Semiconductor Market?
In 2024, the Asia Pacific accounts for the largest market share in Additive Manufacturing In Semiconductor Market.
What years does this Additive Manufacturing In Semiconductor Market cover, and what was the market size in 2023?
In 2023, the Additive Manufacturing In Semiconductor Market size was estimated at USD 204.00 million. The report covers the Additive Manufacturing In Semiconductor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Additive Manufacturing In Semiconductor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Additive Manufacturing In Semiconductor Industry Report
Statistics for the 2024 Additive Manufacturing In Semiconductor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Additive Manufacturing In Semiconductor analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Additive Manufacturing In Semiconductor Market Report Snapshots
