3D printing and additive manufacturing industry grows to $4.1B in 2014
Fort Collins, CO - 3D printing and additive manufacturing consulting firm Wohlers Associates has published its annual Wohlers Report 2015, citing that the additive manufacturing market grew at a compound annual growth rate (CAGR) of 35.2% to $4.1 billion in 2014. The industry expanded by more than $1 billion in 2014, with 49 manufacturers producing and selling industrial-grade additive manufacturing machines. The CAGR over the past three years (2012–2014) was 33.8%.
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Wohlers Report 2015 provides an in-depth review and analysis of the industry worldwide, including growth, competitive products and services, and future outlook. The study covers all aspects of additive manufacturing and 3D printing, including its history, applications, processes, materials, and equipment manufacturers. It also covers developments in R&D, investment and collaborative activities in government, academia, and industry, and summarizes the state of the additive manufacturing industry around the world.
Wohlers Associates reports that growth occurred in all segments of the diverse industry, including the low-cost "desktop" 3D printer segment. The use of industrial metal additive manufacturing systems for demanding production applications in the aerospace and medical markets also grew strongly. The report thoroughly documents the increasingly rich range of technologies, markets, and business models that are emerging within the industry.
For more information, please visit http://wohlersassociates.com.