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The Wallers 2018: 3D Printing Market Grows 21% to $7.336 Billion

Date: 2018-06-06
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As we all know, Wohlers Associates is recognized as one of the best 3D printing industry market research institutions in the world. Their detailed annual report on the state of the 3D printing industry - Wohlers Report 2018 - shows a significant increase in metal additive manufacturing (AM) this year. With the AM industry's market exceeding US$7.3 billion, 21% of steady growth has attracted investors’ attention.


Although some industry reports focused on forecasting the market, the Wohlers report compiled details of how many 3D printers actually sell each year. According to the new report, about 1,768 metal AM systems were sold in 2017, and in 2016, the system sales volume was 983, an increase of nearly 80%.


This growth is not just on the machine, more companies are also making machines. The company found that in 2017 there were 135 companies worldwide producing and selling industrial AM systems, up from 97 companies in 2016. New system manufacturers enter the AM market at dazzling speeds, while simultaneously releasing machines with open material platforms, faster printing speeds, and lower equipment prices.


According to Wohlers Associates, in the Wohlers Report 2016, the market for 3D printers exceeded US$5.1 billion. Xiao Bian cited a quote from the report that “Last year (2015) global sales exceeded 278,000 desktop 3D printers (not To US$5,000), the 2018 report estimates that the number of desktop systems sold will approach two times the 2015 data (reported in the 2016 report). According to the data released in the report, 528,952 have been sold in a short period of two years. Desktop 3D printers. Extensive in-depth investigations with market participants can help companies determine how many devices to sell each year."


In the Wohlers Report 2018, the desktop 3D printer category mentions some of the best-known manufacturer's products and kits, including Aleph Objects (manufacturer of the LulzBot series), MakerBot, Ultimaker, and others. Wohlers estimates that the revenue of the desktop 3D printing system in 2017 will exceed 500 million U.S. dollars.


According to Wohlers Report 2018: “In 2017, the global AM market for all AM products and services grew by 21% to reach US$7.336 billion. The growth rate in 2017 increased by 17.4% compared to 2016, when the industry reached US$6.063 billion in 2015. The annual growth rate is 25.9%.. The overall valuation of the industry is US$7.336 billion, which excludes other companies from Airbus, Adidas, Ford, Toyota, Stryker, and hundreds of other companies that invest in the company. Among these US$1 billion companies, There are surprising numbers, many of which are unfamiliar to most of us. They are investing in AM research and development."


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