“3D printing” has been around for more than 30 years in specialized aerospace and medical applications (for prosthetics, hearing aids, and dental implants). The latest round of innovation is an entirely different breed. Specialist AM Original Equipment Manufacturers (OEMs) like 3D Systems, EOS, and Stratasys are still in the mix and have primarily led the charge due to their market tenure and resulting credibility with a wide range of companies and applications.
The automotive industry represents the largest opportunity globally with USD148 B in additive manufacturing product value forecasted for 2030, but it is closely followed by the machinery markets, and these figures differ from country to country. The United States currently leads the world in terms of AM product value but will be passed by China in 2029 under present conditions.
These findings are from ABI Research’s Additive Manufacturing Market Tracker market data report that is part of the company’s Industrial Solution, which will help manufacturers digitize operations to create better quality products at lower costs. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.