Monday, May 5, 2014

2014 annual growth of 34.9% for 3D Printing - highest in 17 years!

Wohlers Associates, a research consultancy focused on additive manufacturing and 3D printing, announced this week the publication of Wohlers Report 2014. Wohlers has been tracking this industry for over the 25 years. This report marks the 19th consecutive year of its availability and provides an in-depth review and analysis of the additive manufacturing and 3D printing worldwide.
The 2014 report includes industry growth, competitive products and services, and a futuristic perspective on an industry that has created tremendous interest and excitement in the recent past.
Wohlers Associates reports that the market for 3D printing, consisting of all products and services worldwide, grew to $3.07 billion last year. Compared with an averaged 27% growth rate over the past 26 years, the compound annual growth rate (CAGR) of 34.9% is the highest in 17 years. The CAGR for the past three years (2011–2013) was 32.3%


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