Wohlers Report 2021 finds 7.5% growth in AM industry despite COVID-19 pandemic

March 17, 2021

Production of AM parts from independent service providers in millions of dollars (Courtesy Wohlers Report 2021)

Wohlers Associates, Inc., Fort Collins, Colorado, USA, has published its Wohlers Report 2021, marking the twenty-sixth annual instalment of the industry-leading report on Additive Manufacturing. The study provides trends, perspectives and forecasts as a tool for decision making, education and knowledge acceleration. The report offers readers new to AM a comprehensive understanding of the technology and industry, and veterans of the technology can benefit from up-to-date information.

The 375-page report discusses the impact of the coronavirus (COVID-19) on the AM industry, most notably that, despite the pandemic, the industry expanded 7.5% reaching near to $12.8 billion in 2020. Growth was down considerably, compared to the average growth of 27.4% over the previous decade. Most established manufacturers of AM systems saw a decline in equipment sales, but many less-established companies grew in 2020. An increase in business by AM service providers supported industry-wide growth. There was a 7.1% growth from independent service providers worldwide, resulting in nearly $5.3 billion of revenue from this group.

Wohlers Associates, Inc has published its Wohlers Report 2021 (Courtesy Wohlers Associates, Inc)

The report includes commentary on seventy-four early-stage investments and thirty-five acquisitions and public offerings. Wohlers Report 2021 was created with the support of 124 service providers, 113 manufacturers of AM machines, and twenty-four producers of third-party materials. Eighty-eight co-authors and contributors from thirty-four countries provided expert views and perspectives.

New and expanded features of Wohlers Report 2021 include:

  • Additive Manufacturing of food, medicine, and electronics
  • Pricing of metals and polymers and the hidden costs of AM
  • Methods of AM part inspection
  • Pandemic’s impact on the AM industry
  • Compilation of expert reports from thirty-four countries
  • Tables of AM systems, software tools, service providers, and third-party materials

The report includes fifty-four charts and graphs, 104 tables, and 397 images and illustrations. It also includes eighty pages of supplemental online content available exclusively to the buyers of the report.

www.wohlersassociates.com

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