Fort Collins, Colo. – Wohlers Associates Inc. has announced the publication of Wohlers Report 2021. This marks the company’s 26th year of publishing its annual report on additive manufacturing (AM) and 3D printing.
The 375-page report discusses the impact of COVID-19 on the AM industry. Even with the pandemic, Wohlers Associates found industry expansion of 7.5% to nearly $12.8 billion in 2020. Growth was down considerably, compared to average growth of 27.4% over the previous 10 years.
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 industrywide growth. The chart below shows 7.1% growth from independent service providers worldwide, resulting in nearly $5.3 billion of revenue from this group.
Among the new and expanded features in Wohlers Report 2021:
The report includes commentary on 74 early-stage investments and 35 acquisitions and public offerings. AM startups and established companies have received substantial funding in the recent past. One example is Desktop Metal, which received $575 million as part of a merger with a special acquisitions company. After going public in December 2020, Desktop Metal’s market capitalization exceeded $7.5 billion in February 2021.
Wohlers Report 2021 was created with the support of 124 service providers, 113 manufacturers of AM machines, and 24 producers of third-party materials. Eighty-eight co-authors and contributors from 34 countries provided expert views and perspectives.
Wohlers Report 2021 includes 54 charts and graphs, 104 tables, and 397 images and illustrations. It also includes 80 pages of supplemental online content available exclusively to the buyers of the report. More information on the new report is available here. This press release is also available here.
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