4/14/2016

Wohlers Report Indicates AM Industry Surpassed $5.1 Billion

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The compound annual growth rate for all AM products and services worldwide grew nearly 26 percent in 2015.

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In its 2016 report, additive manufacturing consulting firm Wohlers Associates indicates that the AM industry, including all AM products and services worldwide, grew 25.9 percent (compound annual growth rate; CAGR) to $5.165 billion in 2015. The CAGR for the previous three years was 33.8 percent. Over the past 27 years, the CAGR for the industry is 26.2 percent.          

The 2016 report marks the 21st consecutive year of its availability. For this document, input was collected from 51 industrial system manufacturers, 98 service providers, 15 third-party material producers, and many manufacturers of low-cost desktop 3D printers. The effort also included contributions from 80 experts in 33 countries.

Wohlers Associates also reports that, despite challenges, growth continued in many segments of the diverse industry, particularly in metal AM and the desktop 3D printer segments. In 2015, 62 manufacturers sold industrial-grade AM systems (valued at more than $5,000), compared to 49 in 2014, and twice as many as the 31 companies that sold industrial systems in 2011.

The principal authors of the report are Tim Caffrey, senior consultant, Ian Campbell, associate consultant, and Terry Wohlers, principal consultant and president—all of Wohlers Associates. 

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