Additive manufacturing growth driven by global challenges

Changes in manufacturing due to COVID-19 and innovation are giving the additive manufacturing a major boost and will continue to do so for several years.

By ARC Advisory Group March 31, 2021
Courtesy: CFE Media and Technology

ARC Advisory Group research on the global additive manufacturing market shows the intersection of 3D printer innovation, software advances and material creation with the COVID-19 pandemic is shining a new light on industrialized additive manufacturing. As part of a broader digital transformation strategy, additive manufacturing is part of the solution for disrupted supply chains, operational efficiencies, and new product development.

“The market for industrial additive manufacturing will grow at a double-digit rate through 2025. Last year was difficult due to the overarching macroeconomic pressures of the global COVID-19 pandemic, widespread trade tensions, and political unrest. Due to the uncertainty in the market, 2021 growth will be off to a slower start. As with other transformative technologies, adopters are balancing short-term investments and capital expenditures vs. much needed innovation in a competitive world,” said Marianne D’Aquila, research director and author of ARC’s Additive Manufacturing Global Market Research in a press release.

This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the worldwide market for additive manufacturing machinery. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, and product categories.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes current base year market data, one year history, and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Presentation Market Analysis Report (PDF) – This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

– Edited from an ARC Advisory Group press release by CFE Media. ARC Advisory Group is a CFE Media content partner.