Although 3D printing is a know-how is making giant strides in numerous industries right now, it isn’t a brand new know-how. The first 3D printers started to make an look within the 1980s underneath the time period “rapid prototyping.” Patent specs for applied sciences that are just like the fashionable 3D printer have been filed as early as 1980. The first business system was launched in 1987, creating the inspiration of an business that might be value billions inside only one era.
36% of corporations in 2018 are utilizing metallic supplies for his or her 3D printing wants. That’s up from 28% in 2017, which exhibits quite a few industries are discovering methods to incorporate this know-how of their processed. Almost half (46%) of companies are utilizing Fused Deposition Modeling 3D printing units, which is a rise of 12% from the yr earlier than.
As for finishes, corporations are utilizing sprucing (48%) greater than any others. 27% of corporations are utilizing work, whereas 23% use machining. 38% of corporations are spending as much as $10,000 on 3D printing prior to now 12 months, whereas the variety of companies spending $100,000 or extra has elevated three-fold since 2017.
Important 3D Printing Industry Statistics
#1. In 2017, there have been virtually 1,800 metallic additive manufacturing (AM) methods that have been bought, in comparison with the 983 techniques which have been bought in 2016. That’s a surge of greater than 80% in complete models. (Forbes)
#2. The additive manufacturing business exceeded $7.three billion in progress in 2017, reflecting a progress price of 21%. In 2016, the expansion price was 17.four%, whereas in 2015 it was listed at 25.9%. (Forbes)
#three. There have been 135 corporations on the planet working in 2017 that are manufacturing and promoting industrial 3D printing belongings. That’s virtually 40 extra corporations than have been current within the business in 2016. (Forbes)
#four. More than 278,000 desktop 3D printers have been bought in 2015 with a retail worth of $5,000 or much less. Estimates place the 2017 gross sales figures for the phase of the business at greater than 528,000 desktop models globally. (Forbes)
#5. Revenues from the desktop phase of the 3D printing business are anticipated to prime $500 million for the primary time in 2017. (Forbes)
#6. The three hottest 3D printing purposes in 2018 have been prototyping (55%), manufacturing (43%), and proof of idea fashions (41%). 39% of corporations who’re in search of to speed up their product improvement are counting on business applied sciences for fulfillment, in comparison with 29% of corporations the yr earlier than. (Forbes)
#7. 93% of the businesses that are utilizing 3D printing applied sciences in 2018 report that they’re capable of achieve a aggressive benefit. Shorter manufacturing runs, flexibility in manufacturing, and decreasing the time to the market are the highest benefits famous. (Forbes)
#eight. 64% of A&D corporations are utilizing 3D printing applied sciences for manufacturing, which leads all industries utilizing this feature as a part of their enterprise profile. (Forbes)
#9. 22% of corporations who’re utilizing 3D printing applied sciences contemplate themselves to be early adopters of the know-how. (Forbes)
#10. Service or product high quality (30%) is the first cause why corporations are adopting 3D printing applied sciences as we speak. Innovation velocity (29%) is available in second, adopted by buyer selection and customization at 21%. (Forbes)
#11. The worth of 3D elements as a proportion of the full business quantity is greater than 42%. Worldwide end-user spending on 3D printers for 2017 was over $1.6 billion, with the main materials involving plastics. (Statista)
#12. The Ford Motor Company is presently utilizing 3D printing as a option to make extra choices out there for automotive elements testing. Almost $500,000 per thirty days of labor is saved when utilizing this manufacturing technique in comparison with the normal strategies used. (Ford Motor Company)
#13. The additive manufacturing course of provided by 3D printing makes it attainable to create fashions in a matter of hours as an alternative of a number of days, and even weeks. (3D Hubs)
#14. Desktop FDM printers make the most of filament coils that are priced round $25 per kilogram. SLA printing makes use of resins that are priced at $150 per liter. If you’re utilizing nylon powder for SLS printing, the price is round $70 per kilogram. The materials prices of the 3D printing business are probably the most vital contributor to the prices of elements constructed by way of the additive manufacturing course of. (3D Hubs)
#15. Compared to the prices of conventional manufacturing with expert operators and machinists concerned, the labor value of a 3D printing undertaking is nearly zero. (3D Hubs)
#16. The United States accounted for $246 million of the worldwide additive manufacturing manufacturing achieved in 2011, which represented over 38% of the business. The penetration of the additive manufacturing market, nevertheless, nonetheless stays under eight%. (U.S. Department of Commerce)
#17. Goods which are presently utilizing additive manufacturing strategies symbolize about zero.05% of their related business subsectors. (U.S. Department of Commerce)
#18. The U.S. at present employs about 1,000 individuals within the implementation of additive manufacturing merchandise, with the web revenue per expenditure $1 reaching about $zero.20. (U.S. Department of Commerce)
#19. The 3D printing business might supply the aerospace business an power financial savings of as much as 25% and a price discount of 21% in development by the yr 2050. (Science Direct)
#20. With widespread implementation of additive manufacturing processes, this business might supply a 27% discount in international power use by the yr 2050. (Science Direct)
#21. About 11% of the full market out there to the 3D printing business comes from medical or dental companies, leading to $667 million of complete market revenues. (Wohlers Report)
#22. 40% of the advertising revenues obtained by the 3D printing business come from North America, making it the most important geographic phase for the business. Europe is liable for 28% of revenues earned, whereas the Asia-Pacific market generate 27% of the revenues. (Wohlers Report)
#23. 20% of the whole 3D printing income is generated by the automotive and electronics industries annually. (Wohlers Report)
#24. 98% of the listening to aids that are at present manufactured globally now incorporate 3D printing applied sciences into their ultimate design. The listening to assist business was capable of 100% convert to 3D printing in lower than 500 days. (Wohlers Report)
#25. 29% of the 3D printers in use as we speak produce practical elements for present merchandise. 18% of the printers are used for match and end elements. Molds and tooling, together with visible proof of idea fashions are answerable for 10% of the highest makes use of respectively. (Wohlers Report)
#26. In 2015, lower than 1% of all manufactured merchandise within the United States have been represented by the 3D printing business. (Wohlers Report)
#27. Only 9% of companies say that the highest purpose why they’re pursuing 3D printing applied sciences for his or her services or products is to discover value discount measures. (Wohlers Report)
#28. 61% of companies who intend to make use of 3D printing consider that the manufacturing service supplier will play an necessary position in the way forward for the business, whereas simply 50% of present additive manufacturing customers consider the identical. (Wohlers Report)
#29. 32% of corporations who’ve already adopted 3D printing applied sciences ultimately don’t consider their firm has absolutely leveraged the benefits they’ve gained. (Wohlers Report)
#30. 40% of corporations who’re utilizing 3D printing applied sciences right now are doing extra in-house work on gadgets that was outsourced beforehand. (Wohlers Report)
#31. 35% of shopper electronics gross sales contain the appliance of 3D printing applied sciences. For smartphone improvement, the prototype turnaround time is lowered from as much as 6 months to only three weeks, with time to market figures decreased by as much as 60%. (Wohlers Report)
#32. A medium-sized automotive engine which makes use of sand cores for prototype casting can scale back the time in prototype improvement from 16 weeks to only 7 days. (Wohlers Report)
#33. 84% of corporations need to see further metals purposes out there inside the additive manufacturing course of, which leads all desired tendencies. Using 3D printing for rubber-like supplies is available in second, with a 61% choice. They’re adopted by high-temperature plastics (60%), carbon fiber (52%), and conductive-filled circuitry (42%). (Wohlers Report)
#34. Year over yr progress in spending in Europe for the 3D printing business is forecast to succeed in 16% in 2018. Over the subsequent 5-year interval, the business is predicted to take care of double-digit progress in spending, reaching a complete of greater than $7 billion. (International Data Corporation)
#35. Prototypes have been the most important generator of revenues by means of the 3D printing business in Europe, including $755 million to the worldwide tally. Aftermarket elements contributed one other $522 million, with architectural fashions and designs bringing in $353 million in 2017. (International Data Corporation)
#36. Using six core attributes of the 3D printing business (commerce, governance, demand, individuals, know-how, and 3D printing capabilities), the United States is the highest chief for the business with an index score of seven.5. Germany is available in second with an index score of 6.eight. Additional leaders of observe are South Korea (5.6), Japan (5.three), the United Kingdom (5.2), and Singapore (5.zero). Canada, Sweden, and Franc spherical out the highest 9. (ATKearney)
#37. Australia is the highest-rated challenger within the 3D printing business, attaining an index score of four.zero. China (three.9), Italy (three.eight), Malaysia (three.7), Taiwan (three.7), and Spain (three.three) all achieved scores above three.zero. (ATKearney)
#38. China plans to put in 3D printers in each one among its 400,000 elementary faculties earlier than the top of 2020 to include this new know-how into its instructional basis. (ATKearney)
#39. From 2015 to 2016, 3D printer gross sales grew by 11% within the United States, which was truly decrease than the 14% improve of put in base enlargement of additive manufacturing attaining by the worldwide business. (ATKearney)
#40. 3D printer gross sales from 2015 to 2016 grew by 51% in South Korea, whereas the nation’s put in base of 3D printers rose by over 37%. The variety of 3D printing patent purposes has additionally grown by over 300% since 2010. (ATKearney)
#41. Saudi Arabia plans to 3D print over 1 million houses earlier than the top of the yr 2021. To facilitate this course of, the dominion has leads 100 3D printers which produce concrete buildings in a enterprise valued at greater than $1.5 billion. (ATKearney)
3D Printing Industry Trends and Analysis
Over the subsequent 5-year interval, greater than half of the revenues that might be achieved by the 3D printing business will come by means of the sale of hardware, software program, and consumables. Companies will even make investments into computer-aided design software program and certified worker who can maximize manufacturing on this gear.
More than 6.7 million models are anticipated to be shipped by 2023, creating a worldwide business which can rework the best way many corporations do enterprise. As automation and synthetic intelligence proceed to develop as properly, the companies which undertake this know-how now will see the best good points.
It can be truthful to say that 3D printing, together with additive manufacturing, might be remembered as probably the most disruptive applied sciences of the early 21st century. Future purposes might embrace the power to print cylinder blocks, generators, and even natural supplies, corresponding to human organs.
It is not science fiction. The 3D printing business has created a world that’s based mostly on science reality.