{"id":10845,"date":"2018-12-20T15:00:41","date_gmt":"2018-12-20T15:00:41","guid":{"rendered":"https:\/\/www.3dnatives.com\/en\/?p=10845"},"modified":"2023-01-11T18:28:09","modified_gmt":"2023-01-11T17:28:09","slug":"additive-manufacturing-market-billions-2018-201220185","status":"publish","type":"post","link":"https:\/\/www.3dnatives.com\/en\/additive-manufacturing-market-billions-2018-201220185\/","title":{"rendered":"The global additive manufacturing market accounts for $ 9.3 billion in 2018"},"content":{"rendered":"

While the company Materialise gave us some predictions for\u00a02019 trends in additive manufacturing<\/a>, the US firm SmarTech Publishing brings us the results for the past year.\u00a0They say the additive manufacturing market generated $ 9.3 billion in 2018, an 18% increase from the previous year.\u00a0These revenues include machinery, software, materials and services.\u00a0The company took it even further with its forecasts stating;\u00a0by 2027, the market is expected to exceed $ 41 billion.<\/p>\n

In the end of the year period, the report of SmarTech Publishing is an opportunity to trace the highlights of this year. As well as opening up for announcing some trends for the next 10 years.\u00a0There is strong growth ahead in the global additive manufacturing market. This regardless of industry and technology application cases.\u00a0It is fairly easy to see that aerospace, health and automotive will remain key markets and that consumer goods and energy will be great opportunities for this market to focus on in the future.<\/p>\n

\n
\"additive

There is growth in all segments of the additive manufacturing market<\/p><\/div>\n<\/div>\n

The additive manufacturing market in 2018<\/h3>\n

SmarTech Publishing made a quick assessment of the year 2018 and found that the market seems to have resumed an important element of its evolution namely a balanced growth.\u00a0All market components progress and develop seamlessly, with common goals and solutions that meet all needs.\u00a0The report focuses in particular on the growth of the two leaders, 3D Systems and Stratasys, which are showing positive results despite a highly competitive environment, particularly in the polymer segment. For example;\u00a0the arrival of HP<\/a>\u00a0which has entered the market and taken important market shares.\u00a0Polymeric additive manufacturing has reached nearly $ 5.5 billion this year alone.<\/p>

\"\"<\/a><\/div>\n

The US firm’s study states that growth in the additive manufacturing market is due to two strong trends.\u00a0The first is the strategic adoption of technology by large international groups seeking to accelerate its development and promote its use.\u00a0They promote the creation of new processes and materials.\u00a0The second trend is to combine these additive manufacturing technologies with existing machine tools and processes. Thus allowing the development of more complex and varied applications in any sector.<\/p>\n

\n
\"additive

HP’s arrival in the additive manufacturing market has contributed to the growth of the market<\/p><\/div>\n<\/div>\n

You can find the whole report on SmarTech Publishing’s official\u00a0website Here<\/a>.<\/p>\n

What do you think of this growth in the additive manufacturing market?\u00a0Let us know what you think in a comment below or on our\u00a0Facebook<\/a>\u00a0and\u00a0Twitter<\/a>\u00a0pages!\u00a0Don\u2019t forget to sign up for our free weekly\u00a0Newsletter<\/a>, with all the latest news in 3D printing delivered straight to your inbox!<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

While the company Materialise gave us some predictions for\u00a02019 trends in additive manufacturing, the US firm SmarTech Publishing brings us the results for the past year.\u00a0They say the additive manufacturing market generated $ 9.3 billion in 2018, an 18% increase…<\/p>\n","protected":false},"author":6060,"featured_media":10847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[3,1,10],"tags":[],"class_list":["post-10845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-research"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/10845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/users\/6060"}],"replies":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/comments?post=10845"}],"version-history":[{"count":2,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/10845\/revisions"}],"predecessor-version":[{"id":10849,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/10845\/revisions\/10849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/media\/10847"}],"wp:attachment":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/media?parent=10845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/categories?post=10845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/tags?post=10845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}