The global market for additive manufacturing and 3-D printing grew by 25.9 percent to top $5 billion in 2015 — driven in part by more than 278,000 desktop printers, those priced under $5,000 — according to the newest Wohlers Report. The total was $5.16 billion.
Wohlers Associates Inc. announced the new version of the report on April 5. The consulting firm focused on additive manufacturing, 3-D printing and rapid product development, is based in Fort Collins, Colo.
Wohlers reports percent-growth in terms of compounded annual growth rates (CAGR). The firm measures all additive manufacturing and products and services, worldwide. The CAGR for the previous three years was 33.8 percent. Over the past 27 years, the CAGR for the industry is what Wohler reports as “an impressive” 26.2 percent.