Fastest Growing Industries by Exports in the US in 2025

1. 3D Printer Manufacturing in the US

Growth in Exports for 2025: 19.3%

The 3D printer manufacturing industry has seen significant growth over the past five years, increasing at a CAGR of 14.6% to $7.7 billion, which includes 19.1% growth in 2023 alone. As prices for 3D printers declined, additive manufacturing has become more attractive to both businesses and consumers. The outbreak of COVID-19, which led to massive supply disruptions, has led the public and the government to consider new applications of 3D printing. The Additive Manufacturing (AM) Forward program, launched by the Biden Administration in 2022, focuses on advancing the development and adoption of 3D printing technologies in the US.

Additive manufacturing has... Learn More

2. Hybrid & Electric Vehicle Manufacturing in the US

Growth in Exports for 2025: 18.0%

The Hybrid and Electric Vehicle Manufacturing industry has boomed as the use of renewable energy sources surged in popularity. Hybrid electric vehicles (HEV) and electric vehicles (EV), including plug-in electric vehicles (PEV) and plug-in hybrid electric vehicles (PHEV), have seen a dramatic rise in sales amid elevated oil and gas prices. With concerns about the environment, new entrants continue to flood in looking to establish market share. New government incentives and infrastructure funding have increased the accessibility of electric and hybrid vehicles domestically. Industry-wide revenue has increased at an annualized 29.6% to $88.8 billion over the past five years, including... Learn More

3. Solar Panel Manufacturing in the US

Growth in Exports for 2025: 15.2%

Solar panel manufacturers, which produce solar modules and cells in the United States, faced strong revenue growth. The industry has long been plagued by import penetration, specifically from Asian products, which flooded the US market with low-cost solar modules and cells. Rising tensions between the United States and China, which subsided once tariffs were imposed, but ultimately led to plummeting imports. Domestic manufacturers benefited tremendously from less competition and were enabled to raise prices. The current period's strong performance is directly linked to a continued public sentiment shift in favor of renewable energy, which will continue to accelerate given the... Learn More

4. Vodka Distilleries in the US

Growth in Exports for 2025: 15.2%

Like other spirit producers, vodka distilleries rely on a stable flow of sales to on-premise markets (restaurants, bars, nightclubs and more) and off-premise markets (i.e., retailers). COVID-19 interrupted the flow of sales to on-premise markets significantly, as many were forced to temporarily shut down, operate at limited capacity or simply experienced far less foot traffic due to consumers' health concerns. However, off-premise sales uplifted vodka producers, resulting in relatively modest declines at the pandemic's peak and a swift recovery. As a result, revenue has been growing at a CAGR of 1.9% over the past five years and is expected to... Learn More

5. Wearable Device Manufacturing in the US

Growth in Exports for 2025: 9.9%

The Wearable Device Manufacturing industry produces many smart wearable devices like smartwatches, wristbands, and smart glasses. The industry is in the very early stage of its life cycle, characterized by high research and development expenditures and strong growth in the number of new entrants. However, unlike other growing industries, import penetration has increasingly challenged this industry. To stay competitive, most companies engaged in developing wearable devices offshore or outsource production abroad. Companies that manufacture wearable devices abroad are excluded from this industry. In contrast, manufacturers included in this industry tend to be relatively large domestic companies with extensive economies of... Learn More

6. Cotton Farming in the US

Growth in Exports for 2025: 9.8%

The Cotton Farming industry has experienced extremely volatile operating conditions over the past five years. COVID-19 caused states and localities to enact quarantines, reducing consumer spending and demand for products made by textile mills and clothing manufacturers. Since these industries are critical cotton buyers, the pandemic caused industry revenue to decline. Plunging cotton prices worsened the industry's performance, as they reduced the value of sales. Surging commodity prices immediately following the pandemic contributed to a partial resurgence, but they also made substitutes more attractive. Trade wars and an appreciating dollar caused exports to fall. Since exports constitute a significant source... Learn More

7. Major Smart Appliance Manufacturing in the US

Growth in Exports for 2025: 9.0%

Major smart appliance manufacturers build smart household cooking appliances, refrigerators and laundry equipment. Revenue for the industry has surged during the current period because major smart appliances have become less expensive and more accessible to consumers, enabling manufacturers to sell to most households for the first time. Rising incomes during much of the current period also benefited the industry, as more money enabled consumers to purchase luxuries, such as major smart appliances. High input prices provided new revenue streams for manufacturers during the recovery from COVID-19, as companies passed on high costs to consumers. Interest rates have soared in recent... Learn More

8. RTD Coffee Production in the US

Growth in Exports for 2025: 8.3%

The relatively nascent Ready-to-Drink (RTD) Coffee Production industry, which makes canned and bottled coffee and espresso drinks, has experienced a surge in demand as US consumers' fast-paced lifestyles have created a need for quick options, especially in the morning. Large producers and new entrants have rushed to meet the swell in demand driven largely by millennials, who make up the largest consumer group for ready-to-drink coffee products. Companies have rolled out countless new products, from new varieties in the dominant RTD cold brew segment to niche options catering to a variety of health, dietary and sustainability conscious preferences. With consumers... Learn More

9. Concrete Pipe & Block Manufacturing in the US

Growth in Exports for 2025: 8.1%

The Concrete Pipe and Block Manufacturing industry produces concrete blocks, bricks, and pipes. These products are primarily used in residential and nonresidential construction, along with infrastructure projects. While concrete blocks are used across the board, concrete pipes mostly rely on demand from infrastructure markets, like natural gas distribution and sewage treatment. IBISWorld estimates that the industry's performance has relied on these critical markets over the five years to 2023; moreover, the economic downturn at the end of the period has harmed the industry. As a result, industry revenue is expected to fall at an annualized rate of 2.3% to $7.3... Learn More

10. Catalytic Converter Manufacturing in the US

Growth in Exports for 2025: 7.9%

The Catalytic Converter Manufacturing industry produces devices containing a catalyst for converting pollutant gases in vehicle exhaust systems; therefore, demand for industry products is closely tied to demand for automobiles as well as to regulatory standards. More stringent emissions standards and increasing demand for replacement and aftermarket catalytic converters helped sustain demand over the past five years However, the industry experienced significant headwinds during the COVID-19 (coronavirus) pandemic, as a global decline in demand caused oil prices to contract and stay at home orders in the United States resulted in most consumers remaining homebound. Nevertheless, industry revenue is expected to... Learn More