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 August 10, 2021 Graphic Display World: Rethinking Design Techniques for High Speed Extrusion 3D Printing Additive Manufacturing (AM) is no longer the way of the future. It IS the future. It is a proven technology that is radically changing the way products are made from shoes to NASA rocket parts. Read more
The Essentium Team July 29, 2021 SME: EssentiumX Exploring the Full Potential of Additive Q: Elisa, what is EssentiumX and why has it been launched? A: Many manufacturers are considering new techniques like additive manufacturing (AM) to transform what and how things are made in order to improve the economics of manufacturing and remove supply-chain risk. Read more
The Essentium Team July 28, 2021 All3DP: Switching from Injection Molding to 3D Printing Cut Costs 95% Mercury Systems speeds up PCB manufacturing by replacing a costly injection molded tools with in-house designed and 3D printed versions. Read more
