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 October 8, 2020 Plastics Technology: The Rise of AM and Future-Proofing Global Supply Chains Essentium will host a virtual panel discussing supply chain vulnerability; why additive manufacturing is vital for manufacturers’ self-sufficiency, agility, and innovation; and the strategic considerations for deploying AM as part of a supply chain strategy to mitigate disruption and build business resilience. Read More
The Essentium Team October 6, 2020 Fabbaloo: 3D Printing For Toolmaking: What You Need To Know One of the biggest positives of 3D printing is that no tooling is required — but it might just be perfect for making parts including jigs, fixtures, end-use parts, and even tooling. While additive manufacturing is coming into play for end-use parts and serial production, these types of parts remain largely the purview of traditional manufacturing technologies. Read More
The Essentium Team October 5, 2020 3D Printing Media Network: The Rise of Additive Manufacturing and Future-Proofing Global Supply Chains In recent months long-established supply chains have faltered leading to delays in shipments, idle assembly lines and furloughed workers. With broad-scale interruptions likely to become increasingly common – how can manufacturers deploy 3D printing as a strategic addition to a supply chain strategy to help mitigate disruption? Read More
