2022 3D Printing Trends Report

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Rapid growth predicted for 3D printing industry, with market expected to triple by 2026 Amsterdam, May 3, 2022 – Hubs, the global leader in distributed manufacturing, has released its annual 3D printing trends report. 3D printing which shows that the 3D printing market is experiencing healthy growth after the initial decline due to COVID-19. According to the report, the market grew by around 19.8% in 2021, with over $15.1 billion in revenue. An analysis of research from 12 leading market analysis firms shows a projected market growth of 24% to around $44.5 billion by 2026.

The report suggests that industry developments over the next few years will position 3D printing to surpass its role as a rapid and functional prototyping technology, moving instead into viable end-use parts and mass production applications. . In general, more engineers are using 3D printing than in previous years – 68% of respondents to an industry survey used 3D printing more in 2021 than in 2020 – and the hardware market is expected to reach a market size of nearly $10 billion over the decade.

The 2022 3D Printing Trends Report includes insights from a survey of several hundred engineering companies, conducted in February 2022, and systemic reviews of industry news and industry reports. ‘market analysis.

Our forecast shows a compound annual growth rate (CAGR) of 24% over the next five years, which is in line with our 2020 report – and well above the 2021 report which forecast a CAGR of 19% – indicating a market recovery and increased confidence in industry growth.

You can download the 2022 3D Printing Trends Report here. Key findings include:

● The global 3D printing market will grow by 24% to reach $44.5 billion by 2026.
● 49% of respondents printed more than 10 parts in their production runs, up from 36% in 2021.
● The use of 3D printing is gradually evolving towards more industrial production applications.
● 68% of respondents used 3D printing more in 2021 than in 2020.
● Many of our sources believe that the driving force behind 3D printing this year will be new materials and composites.
● Businesses that adopted Industry 4.0 before the pandemic seemed to fare better throughout COVID-19, leading more businesses to adopt Industry 4.0 technologies, including printing 3D.
● As a decentralized digital manufacturing technology, 3D printing may become a viable way to support climate action initiatives, especially given the development of newer and more sustainable metal and polymer materials.

Overall, the 3D printing market has grown and matured tremendously. In 2021, there were several notable mergers and acquisitions between industry leaders. Stratasys acquired Origin, Sandvik’s BEAMIT acquired 3T Additive and Hubs partnered with Protolabs become the most complete digital manufacturing platform in the world.

This indicates that the market is maturing and consolidating, and is now well positioned for rapid growth.

About hubs

Hubs, formerly 3D Hubs, is an online manufacturing platform that provides engineers with on-demand access to a global network of manufacturing services. Users can easily upload their design, instantly receive a quote, and start production with one click. Founded in Amsterdam in 2013, Hubs was acquired by Protolabs in January 2021. To date, Hubs has produced over 7 million parts, using a variety of manufacturing technologies including CNC machining, 3D printing and fabrication of sheets.

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