Global 3-D printer market grew by nearly 35 percent in 2013

By Bill Bregar
Senior Staff Reporter

Published: May 2, 2014 2:30 pm ET
Updated: May 2, 2014 2:36 pm ET

Image By: Wohlers Associates Inc. Terry Wohlers

Related to this story

Topics Rapid Prototyping, Machinery

The global market for 3-D printing grew by its fastest rate in 17 years, according a new report from Wohlers Associates Inc. The research firm said sales of “personal” 3-D printers priced under $5,000 — as well as the direct manufacturing of finished parts — will fuel strong growth over the next several years.

The market grew to $3.07 billion in 2013, Wohlers Associates said. That marked a compound annual growth rate of 34.9 percent. The compounded annual growth rate for the past three years was 32.3 percent. The data includes all products and services, including 3-D printing machinery.

Wohlers Associates, of Fort Collins, Colo., said the growth of worldwide revenue has averaged 27 percent over the past 26 years.

Tim Caffrey, senior consultant at the firm, said the low-priced personal printers, plus the use of higher-end machines to produce parts — especially ones from metal — that go into final products, means the sector has a good future.

“The industry is experiencing change that we have not seen in 20-plus years of tracking it,” Caffrey said. “What’s most exciting is that we have barely scratched the surface of what’s possible.”

The 276-page report gives an in-depth review and analysis of the 3-D printing business, also known as additive manufacturing. It includes industry growth, competitive products and services and a future-looking perspective.

The $495 report was created with input from 82 serviced providers, 29 system manufacturers and the contributions of 70 co-authors in 24 countries.


Comments

Global 3-D printer market grew by nearly 35 percent in 2013

By Bill Bregar
Senior Staff Reporter

Published: May 2, 2014 2:30 pm ET
Updated: May 2, 2014 2:36 pm ET

Post Your Comments


Back to story


More stories

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of the Plastics...    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process...    More

Image

Orenda says new pulverizer improves efficiency through cooling

September 10, 2014 1:41 pm ET

Orenda Automation Technologies Inc. will unveil a new pulverizer with new cooling technology at the Rotoplas conference for rotational molders, Oct....    More

Image

Material handing systems maker expanding Kentucky operations

September 9, 2014 1:47 pm ET

Intelligrated Inc., which makes material conveying and palletizing equipment for warehousing and distribution, and manufacturing, is expanding its...    More

Image

W. Amsler Equipment adds CNC capability

September 8, 2014 1:40 pm ET

RICHMOND HILL, ONTARIO — W. Amsler Equipment Inc. has added its first computer numerically controlled milling machine — a key investment a...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events