Additive manufacturing, a rapidly advancing technology, is growing in acceptance with plenty of support from industry and public initiatives.
The term does not matter – additive manufacturing (AM) and 3D printing (3D) are interchangeable. Understanding the market, where it’s going, how it’s used, what it means to manufacturers, and who to turn to for more knowledge and support does matter.
AM/3D printing is growing. According to the 19th edition of the Wohlers Report, published by Wohlers Associates Inc., companies are pushing the limits of AM/3D printing and applying the technology in new ways. The research projects the AM/3D printing industry to reach $12.8 billion by 2018, estimating it grew $3.07 billion in 2013. By 2020, forecasted revenue should exceed $21 billion.