3D Hubs Releases Additive Manufacturing Market Report

Additive manufacturing market increased 21% in 2020, demonstrating growth despite COVID-19.

Additive manufacturing market increased 21% in 2020, demonstrating growth despite COVID-19.

Additive manufacturing report results indicate notable growth in 2020, despite the year’s challenges. Image courtesy of 3D Hubs.


The “Additive Manufacturing Trend Report 2021” from 3D Hubs revealed the additive manufacturing market grew by 21% in 2020, to a total of $12.6 billion, and is expected to continue to grow by 17% annually over the next 3 years.

The report found further evidence of market growth on an organizational level, with 65% of engineering businesses increasing their 3D printing usage in 2020 compared to the previous year. This growth is anticipated to continue into 2021, with the majority of engineering businesses (73%) predicting an increase in their 3D printing usage this year.

The “Additive Manufacturing Trend Report 2021,” includes insights from a survey conducted in February 2021 with 1,504 engineering businesses, and a systematic review of the news and market analyst reports.

Key findings include:

  • The additive manufacturing market is forecasted to more than double in size over the next 5 years, reaching a value of $37.2 billion in 2026.
  • Limited accessibility to traditional manufacturing technologies accelerated additive manufacturing adoption in 2020 with 65% of engineering businesses increasing their usage of 3D printing compared to the previous year.
  • The application of additive manufacturing for functional end-use parts is rapidly progressing. Fifty-four percent of engineering businesses increased their usage of 3D printing for functional end-use parts in 2020 and 30% of engineering businesses maintained their usage of 3D printing for functional end-use parts this year, showing that 3D printing should no longer be seen as a rapid prototyping technology only.
  • Barriers still remain that hold 3D printing adoption back. Thirty-eight percent of engineering businesses report price and 29% report part quality as the key factors that prevent them from using 3D printing more. 
  • This optimism for 3D printing growth is not restricted to 2020. In 2021, 73% of engineering businesses predict they will produce or source more 3D printed parts compared to 2020.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

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