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

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    More

Image

3-D printing a giant for Comic-Con

July 24, 2014 11:17 am ET

Minneapolis-based 3-D printing specialist Stratasys Ltd. has collaborated with the Stan Winston School of Character Arts, Legacy Effects, Condé Nast...    More

Image

Munson Machinery expanding assembly, testing operations

July 22, 2014 2:02 pm ET

Munson Machinery Co. Inc. is expanding its headquarters factory by about one-third in Utica, N.Y., where the company makes mixing, blending and size-...    More

Image

Windmöller & Hölscher looking to continued growth in China

July 21, 2014 3:40 pm ET

With 2013 global sales of 600 million euros, China has grown into an important export market for Windmöller & Hölscher KG, second only to the United...    More

Image

Thermoforming Technology Group adds Lyle Industries to its portfolio

July 18, 2014 2:48 pm ET

Thermoforming Technology Group LLC has expanded its thermoforming equipment presence with the acquisition of Lyle Industries Inc.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events