The 3D printing industry grows to $4.1 billion in 2014

The Wohlers report covers the capabilities of 49 manufacturers of industrial-grade machines, many of which offer composite and filled materials.

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The market for additive manufacturing, consisting of all AM products and services worldwide, grew at a compound annual growth rate (CAGR) of 35.2% to $4.1 billion in 2014, according to a report from Wohlers Associates (Ft. Collins, CO, US). The industry expanded by more than $1 billion in 2014, with 49 manufacturers producing and selling industrial-grade AM machines. The CAGR over the past three years (2012–2014) was 33.8%.

Wohlers Associates reports that growth occurred in all segments of the industry, including the low-cost “desktop” 3D printer segment. The use of industrial metal AM systems for demanding production applications in the aerospace and medical markets also grew strongly. 

Several new industrial systems are composite multi-material systems. For example, the Mark One from MarkForged is a dual extruder machine that extrudes nylon thermoplastic from one extruder head. The second head extrudes a continuous strand of carbon fiber, fiberglass, or Kevlar. Parts made from this composite system are extremely stiff and strong compared to standard thermoplastic parts made on material extrusion machines. The report covers the capabilities of 49 manufacturers of industrial-grade ($5,000 and above) machines, many of which offer composite and filled materials, according to Tim Caffrey, senior consultant for the Wohlers Association.

Wohlers Report 2015 provides an in-depth review and analysis of the industry worldwide. It includes growth, competitive products and services, and the future outlook for the industry. The comprehensive study covers all aspects of AM and 3D printing, including its history, applications, processes, materials, and equipment manufacturers. It covers developments in R&D, investment and collaborative activities in government, academia, and industry, and summarizes the state of the AM industry around the world.

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