[rp-ml] New Industry Report

From: Terry Wohlers <tw_at_wohlersassociates.com>
Date: Tue May 17 2011 - 04:29:30 EEST

FOR IMMEDIATE RELEASE

 

New Industry Report on Additive Manufacturing and 3D Printing Unveiled

Worldwide Study Reveals Industry Growth of 24.1%

 

FORT COLLINS, COLORADO, USA, May 16, 2011-Wohlers Associates, Inc. today
announced the publication of Wohlers Report 2011, an annual global study on
the additive manufacturing (AM) and 3D printing state of the industry. This
270-page report, considered by many to be the industry's "Bible," marks its
16th consecutive year of publication.

 

Additive manufacturing is the process of joining materials to make objects
from 3D model data, usually layer upon layer, as opposed to subtractive
manufacturing methodologies. Additive manufacturing is used to build
physical models, prototypes, patterns, tooling components, and production
parts in plastic, metal, and composite materials.

 

The new report documents the latest developments in additive manufacturing
technologies, including the explosive growth of low-cost "personal" systems
that support the do-it-yourself "maker movement." It discusses other trends
in the industry, such as the rapid development of metal materials and the
increasing use of these technologies for the production of end-use products.

 

According to Wohlers Report 2011, the AM industry rebounded strongly in 2010
from the global economic recession. The compound annual growth rate (CAGR)
of revenues produced by all AM products and services in 2010 was 24.1%. In
2009, the industry declined by 9.7%. The CAGR for the industry's 23-year
history is an impressive 26.2%.

 

"I am happy to see the additive manufacturing industry recover as quickly as
it has," said Tim Caffrey, associate consultant at Wohlers Associates and a
major contributor of content and editorial for the new edition of the
report. "We expect the industry to continue its strong double-digit growth
over the next several years," Caffrey stated. Wohlers Associates
conservatively forecasts industry-wide growth to be $3.1 billion by 2016 and
$5.2 billion by 2020.

 

The report includes new sections on intellectual property and product
liability implications, and expanded information on end-use part production.
It also includes industry growth estimates and forecasts, new developments
and business opportunities, emerging applications, research and development,
and where the industry is headed in the future. The study was created with
support from 58 co-authors, 70 service providers, 32 system manufacturers,
and many others worldwide. To support the review and analysis, the report
includes 43 charts and graphs, 60 tables, and 176 photographs and
illustrations.

 

The report is priced at US$495 worldwide and is available in PDF form. The
report's table of contents, as well as additional information on the market
and industry, are available at wohlersassociates.com.

 

Wohlers Associates is an independent consulting firm that provides
technical, marketing, and strategic advice on the new developments and
trends in rapid product development and additive manufacturing. For more
information, visit wohlersassociates.com.
Received on Tue May 17 04:48:02 2011

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