Additive Manufacturing and 3D Printing - Statistics & Facts
3D printing and additive manufacturing can be counted among the most disruptive technologies of our age, and they are predicted to be at the forefront of the fourth industrial revolution. Although the idea to 3D-print turbines or cylinder blocks may sound like science fiction to the ears of most people, three-dimensional printing has outgrown its initial use of being a mere tool for the manufacture of prototypes. Tooling components and patterns for metal castings represent an area of opportunity; the latter account for about nine percent of global spending on additive manufacturing systems. The global market for 3D printing and services is expected to grow to almost 50 billion U.S. dollars by 2025.
Additive manufacturing is increasingly proving itself useful in a wide array of segments, including the automotive industry, the medical sector, the military industry and even in food manufacturing. The United States is the most important market for additive manufacturing, both in terms of production and consumption. The U.S. accounted for just under 40 percent of AM systems installed globally. 3D Systems (DDD), Stratasys and the ExOne Company are ranked among the major players in the field of 3D printing and additive manufacturing, while GE's Arcam acquisition is ranked among the leading metal printing companies.
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