Wohlers Associates Inc. (Fort Collins, CO), a leading consulting firm and authority on global additive manufacturing (AM) and 3D printing—terms that are used interchangeably—announced the publication of the Wohlers Report 2015. This annual publication has served as the undisputed industry-leading report on the subject for two decades, with many in the industry referring to the report as the "bible" of additive manufacturing and 3D printing, claims Wohlers Associates.
The market for AM, 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 Wohlers Report 2015. 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 diverse 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. The report thoroughly documents the increasingly rich range of technologies, markets and business models that are emerging within the industry.