Additive Manufacturing Market

Additive Manufacturing or 3D printing has played a critical role in the current digital transformation journey.

Today, 3D printing is part of the solution for operational efficiencies, disrupted supply chains, and new product development.

The technology also offers flexible manufacturing options that allow for more efficient parts, shorter supply chains, and reduced energy and material costs.

Over the last two years, there have been significant macroeconomic headwinds, but additive manufacturing has shown greater resilience, thanks to the increased adoption across different industries.

In 2020, it was estimated that AM technologies had grown to a $13.4 billion industry with a 22 percent annual growth rate.

And while the race is on, the AM sector isn’t without its challenges. Only a few companies use AM technology to manufacture final products directly, and large-scale adoption remains limited.

What’s your future outlook for the AM market?`

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