Apr 4, 2017 | By Julia
Wohlers Associates Inc, the leading consultant firm in the 3D printing industry, has just released its 22nd annual report, the Wohlers Report 2017. According to the highly anticipated report, the additive manufacturing industry grew by 17.4% in 2016, and 97 manufacturers produced and sold 3D printing systems.
Wohlers is widely considered the undisputed authority on additive manufacturing worldwide. For this year’s Wohlers Report, input was collected from 100 service providers, 61 industrial system manufacturers, and 19 producers of third-party materials and inexpensive desktop 3D printers.
The report findings were relatively optimistic but perhaps surprising to some. According to Wohlers Report 2017, the 3D printing industry grew by 17.4% in worldwide revenues in 2016, which was down from 25.9% growth in 2015.
Wohlers representatives say that much of the downturn came from declines by the two largest manufacturers in the industry. Together, those two companies represent $1.31 billion (or 21.7%) of the additive manufacturing industry, which is itself currently worth $6.063 billion. If these two companies were excluded from the analysis, the industry would have grown by 24.9% in 2016.
On the other hand, the number of manufacturers is steadily skyrocketing. In 2016, 97 companies produced and sold 3D printing systems, which is up from 62 companies in 2015 and 49 in 2014. According to Wohlers, these manufacturing companies are providing interesting products and, more importantly, unprecedented competition in the additive manufacturing industry. The new wave of development and commercialization is consequently putting increased pressure on established players in 3D printing systems production.
All together, 76 experts and organizations in 31 countries worldwide contributes data and insight to the new report. The Wohlers Report 2017 is 344 pages, including 28 charts and graphs, 26 tables, and 232 illustrations and photographs. Over 160 pages of supplemental online information is also available to purchasers of the report.
“Wohlers Report 2017 is an excellent learning tool and a powerful reference,” say Wohler representatives in a statement.
“No other published analysis of the AM industry is supported by so much hard data, coupled with such a strong group of specialists worldwide. Together, they form the basis for computing growth, analyzing trends, and forecasting the future.”
Topics covered in the report include intensive review and analysis of: the industry’s growth over the past year; which competitive products and services are currently being offered; and predictions for the industry’s future. Wohlers Report 2017 also covers the history of 3D printing, as well as current applications, materials, processes, and equipment manufacturers. Sectors including Research and Development, investment, government involvement, and academic innovation are all featured in the annual report.
Posted in 3D Printer Company
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