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China’s 3D printing sector saw a striking shift in 2024. According to data from Nanjixiong, total additive manufacturing (AM) funding in China dropped nearly 50% from the previous year, settling at around $530 million across 32 deals. This figure contrasts with the roughly $3.4 billion raised by 3D printing ventures outside China—an impressive sum even after excluding enormous engineering acquisitions such as Synopsys’s $35 billion bid for Ansys, IDEX’s $1 billion move on Mott, and Siemens’s $10.6 billion attempt to acquire Altair Engineering.
2024 China AM Market in Focus
For more than a decade, China’s 3D printing ecosystem has grown on the back of state-led initiatives, deep manufacturing know-how, and robust industrial demand. In 2023, AM startups achieved a record
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