AM Industry Enjoys Double-Digit Growth, Says Wohlers Report 2023
Additive Manufacturing Industry Analyst reports continuing global growth
March 31, 2023
Additive Manufacturing Industry Watcher Wohlers Associates has released its Wohlers Report 2023, featuring analysis, trends, and forecasts. The latest report shows “an overall worldwide growth in AM products and services of 18.3%, continuing a trend of double-digit AM industry revenue growth in 25 of the past 34 years.”
Wohlers Report, published annually, is “a barometer of the AM industry’s health and growth,” the analyst says. “This year’s report takes a deep dive into the growth of the additive manufacturing (AM) industry, with insights from 10 industry sectors. New content includes an examination of large format AM applications, including aerospace and construction, as well as a look at the growing number of AM standards and codes,” the announcement states.
The 2023 report includes 119 service providers, 128 manufacturers of additive manufacturing systems, and 28 producers of third-party materials, according to Wohlers Associates. In geogrphy, it covers 35 countries, with expanded coverage of Argentina, the Czech Republic, and Greece.
The report includes:
- recycling and the circular economy;
- point-of-care AM in healthcare;
- opportunities and challenges associated with metal binder jetting;
- attracting younger workforce into additive manufacturing; and
- expanded discussion of investments and startups.
“The AM industry is continuing to expand into end-use production applications,” said Terry Wohlers, head of advisory services and market intelligence at Wohlers Associates, powered by ASTM International. “This trend will grow as standards are further developed and adopted. AM is delivering larger and more critical parts across multiple industry sectors.”
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Kenneth Wong is Digital Engineering’s resident blogger and senior editor. Email him at [email protected] or share your thoughts on this article at digitaleng.news/facebook.Follow DE