In a recent survey conducted by Jabil, we discovered that in just over a year, the number of companies utilizing 3D printing as well as the variety of applications rocketed dramatically; the percentage of companies using additive to manufacture production parts rose from 27 percent to 52, bridge production increased from 23 percent to 39, and repair went from 14 percent to 38. Although the 3D printing industry is currently worth around $9.3 billion, a report by Smithers Pira predicts that the additive manufacturing industry will be worth $55.8 billion by 2027
What does this mean for 3D Printing enthusiasts? Growth!
The future of 3D printing is bright and is an increasingly important pillar in the manufacturing renaissance. With the increased usage of the technology, conversations about additive manufacturing are a lot more tangible than they were just two years ago. Before, we were debating whether there is a financial or technological case to convert from traditional, high volume processes to an additive printer.