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 6, 2020 Consumer Goods: Why Additive is the Future of Consumer Manufacturing Additive manufacturing, popularly known as 3D printing, has been gradually gaining traction and proving itself advantageous and reliable over a wide spectrum of applications. Read More
The Essentium Team July 20, 2020 U.S. News and World Report: What to Do With a Materials Engineering Degree Essentium’s co-founder and Head of Research and Development for Materials, Brandon Sweeney, Ph. D., is interviewed for his thoughts about the materials engineering industry. Read More
The Essentium Team July 8, 2020 Stampare in 3D: Essentium Signs with Hephzibah as a South Korean Distributor Essentium, Inc. announced a distribution partnership with prominent South Korean 3D printing specialist, Hephzibah. Read More
