![]() ![]() 3D printing is considered “an essential ingredient” in Industry 4.0, 2 the marriage of advanced production and operations techniques with smart digital technologies that is being heralded as the “Fourth Industrial Revolution.”īefore we examine why the 3D-printing industry is accelerating, it’s worth explaining the methodology behind our market-size estimates. A steady stream of new entrants is expanding the market. 3D printers today are capable of printing a greater variety of materials (which mainly means more metal printing and less plastic printing, although plastic will likely still predominate) they print objects faster than they used to, and they can print larger objects (build volume). ![]() 1) This part of the 3D printing industry will grow at about 12.5 percent in each of those years, more than double its growth rate just a few years ago (figure 1).ģD printing is experiencing this inflection point likely because companies across multiple industries are increasingly using it for more than just rapid prototyping. (For context, the global manufacturing sector’s revenue as a whole totals roughly US$12 trillion annually. ![]() With advances in the technology, the 3D printing industry has powered past a slight slowdown to arrive at a steady state of double-digit expected growth.ĭeloitte Global predicts that sales related to 3D printing (also known as additive manufacturing) by large public companies-including enterprise 3D printers, materials, and services-will surpass US$2.7 billion in 2019 and top US$3 billion in 2020. ![]()
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