Huge potential for 3D metal printing
Additive Manufacturing (AM) celebrated its 30th birthday in 2016 and is hotter than ever.
Metal AM is the fastest growing segment of the additive manufacturing industry. In 2015, the metal AM market was 500-600 MUSD, with growth of 18.4% in 2016. From 2016 to 2020, the metal AM market is projected to grow at a CAGR of 24.47%. By 2026, the metal AM market is estimated to be 6.6 BUSD.
Growth of the AM industry
Source: Wohlers Report 2016, p. 291
Additive manufacturing by industry
Source: Wohlers Associates, Inc.