Wohlers Associates Inc. (Fort Collins, CO), a leading consulting firm and authority on global additive manufacturing (AM) and 3D printing—terms that are used interchangeably—announced the publication of the Wohlers Report 2015. This annual publication has served as the undisputed industry-leading report on the subject for two decades, with many in the industry referring to the report as the "bible" of additive manufacturing and 3D printing, claims Wohlers Associates.
The market for AM, consisting of all AM products and services worldwide, grew at a compound annual growth rate (CAGR) of 35.2% to $4.1 billion in 2014, according to Wohlers Report 2015. The industry expanded by more than $1 billion in 2014, with 49 manufacturers producing and selling industrial-grade AM machines. The CAGR over the past three years (2012-2014) was 33.8%.
Wohlers Associates reports that growth occurred in all segments of the diverse industry, including the low-cost desktop 3D-printer segment. The use of industrial metal AM systems for demanding production applications in the aerospace and medical markets also grew strongly. The report thoroughly documents the increasingly rich range of technologies, markets and business models that are emerging within the industry.
"The first Wohlers Report was published in April 1996," said Terry Wohlers, principal consultant and president of Wohlers Associates. "It was 40 pages in length and represented the first-ever published analysis of the industry worldwide. The AM industry represented a mere $295 million in 1995. A lot has changed in 20 years, and we've worked hard to document this change. I am proud to say that no other publication comes close to matching the depth and breadth of data and market analysis that is found in our annual report."
The 314-page Wohlers Report 2015 provides an in-depth review and analysis of the industry worldwide. The comprehensive study covers all aspects of AM and 3D printing, including its history, applications, processes, materials and equipment manufacturers. It covers developments in R&D, investment and collaborative activities in government, academia and industry, and summarizes the state of the AM industry around the world.
The report, which sells for $495, was developed with support from 87 service providers, 40 system manufacturers and the contributions of 78 co-authors in three countries.