The Ministry of Industry and Information Technology: Additive Manufacturing Industry Expected to Exceed 50 Billion CNY in Revenue by 2024, Marking a New Milestone in High-Quality Development of Equipment Manufacturing

On December 31, 2024, Panda3dp.com observed that the First Division of Equipment Industry at the Ministry of Industry and Information Technology recently released a report titled "A New Milestone in High-Quality Development of the Equipment Manufacturing Industry." The report highlighted advancements in strategic emerging industries, particularly the achievements in the additive manufacturing sector in 2024. Additionally, progress in sectors such as new energy vehicles, robotics, industrial machines, rail transit, and medical equipment was also emphasized.

Efforts have been made to advance breakthroughs in additive manufacturing equipment and its large-scale applications, systematically analyze technical requirements, and promote exemplary case studies. Industry-specific initiatives have been undertaken to align production with market demand. Furthermore, a sub-committee for additive manufacturing processes has been established to improve standards and testing systems.

In 2024, the additive manufacturing industry is projected to achieve revenues exceeding 50 billion CNY, reflecting a year-on-year growth of approximately 25%. Between January and October, export revenues reached 7.89 billion CNY, maintaining a growth rate of over 50% for the second consecutive year. Notably, 43 types of additive manufacturing medical devices have received national regulatory approval, with 120 classified as Class II medical products. In the consumer electronics sector, annual production of additive-manufactured smartphone hinges has reached tens of millions of units.

Let me know if you'd like further refinements or if additional sections need translation and enhancement.