Plant Services: Report – Additive Manufacturing Industry to be Worth $15.8 Billion by 2020 November 25, 2019December 2, 2019 | The Essentium Team Share Additive manufacturing (AM), commonly known as 3D printing, has seen tremendous adoption in the manufacturing sector where its ability to create custom-designed components or entire products in small batches is highly attractive for certain producers. As a snapshot of the market’s forecasted growth, the 2019 Wohlers Report — viewed by experts as a top source for the pulse of the 3D printing industry — forecasts that the market value for 2020 is $15.8 billion for all 3D printing products and services worldwide. That figure is expected to surge to $23.9 billion in 2022 and $35.6 billion in 2024. Likewise, a January forecast from Statista shows that global spending on 3D printing in 2019 is projected to be $13.8 billion, up 21.2% from a year earlier. Read more: Plant Services Share
Additive manufacturing (AM), commonly known as 3D printing, has seen tremendous adoption in the manufacturing sector where its ability to create custom-designed components or entire products in small batches is highly attractive for certain producers. As a snapshot of the market’s forecasted growth, the 2019 Wohlers Report — viewed by experts as a top source for the pulse of the 3D printing industry — forecasts that the market value for 2020 is $15.8 billion for all 3D printing products and services worldwide. That figure is expected to surge to $23.9 billion in 2022 and $35.6 billion in 2024. Likewise, a January forecast from Statista shows that global spending on 3D printing in 2019 is projected to be $13.8 billion, up 21.2% from a year earlier. Read more: Plant Services
The Essentium Team March 30, 2021 Fabbaloo: Essentium Announces “EssentiumX” Essentium announced a new team that will work directly with clients. Called “EssentiumX”, the new team is composed of “an interdisciplinary team of AM engineers and scientists”, and is intended to assist Essentium clients to speed up additive manufacturing applications. Read More
The Essentium Team February 26, 2021 TCT Magazine: The Role of 3D Printing in Future Supply Chains There were many more examples all over the world of 3D printing filling gaps of stretched supply chains as the COVID-19 pandemic caused disruptions from the Far East to the West Coast. It quickly sparked conversations about the need for more agile and resilient supply chains, and in this industry, how important 3D printing is to the transformation of these supply networks. Read More
The Essentium Team February 18, 2021 3D Natives: Essentium Survey Shows That Investments in AM are Paying Off In early February, Essentium, Inc announced the results of the second in a series of findings from independent global research on the current and future use of industrial 3D printing. We previously covered the first survey published in 2019, which focused mainly on the slow adoption of additive manufacturing for mass-production. This new survey has shown significant advancements in that particular arena as well as significant benefits for users of industrial additive manufacturing while also highlighting remaining challenges to overcome, notably concerning the cost of 3D printing technologies and materials. Read More
