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Wohlers Report 2023 reports continued double-digit growth in AM

A deep dive into the growth of the additive manufacturing (AM) industry offers insight into AM’s steady expansion, adoption and application.

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Annual revenue for AM products and services (in billions). Photo Credit: Wohlers Associates

On March 30, Wohlers Associates (Fort Collins, Colo., U.S.), powered by ASTM International, announced the release of Wohlers Report 2023. This year’s report takes a deep dive into the growth of the additive manufacturing (AM) industry, with insights from 10 industry sectors. New content includes an examination of large-format AM applications, including aerospace and construction, as well as a look at the growing number of AM standards and codes.

“The AM industry is continuing to expand into end-use production applications,” Terry Wohlers, head of advisory services and market intelligence at Wohlers Associates, powered by ASTM International. “This trend will grow as standards are further developed and adopted. AM is delivering larger and more critical parts across multiple industry sectors.”

Wohlers Report 2023 shows an overall worldwide growth in AM products and services of 18.3%, continuing a trend of double-digit AM industry revenue growth in 25 of the past 34 years.

This year’s report also features intelligence from industry experts in 35 countries, with expanded coverage in Argentina, the Czech Republic and Greece. Research and development (R&D) activities are covered in detail, and the following new topics initially explored in this issue include:

  • Recycling and the circular economy;
  • Point-of-care AM in healthcare;
  • Opportunities and challenges associated with metal binder jetting;
  • Attracting younger workforce into AM; and
  • Expanded discussion of investments and startups.

An expanded section offers insights on the future of AM, including thoughts on automated production, emerging applications, workforce development and more. Input on the report was gathered from 119 service providers, 128 manufacturers of AM systems and 28 producers of third-party materials. Wohlers Report 2023 draws on the expertise of a worldwide network of experts as well as nearly three decades of data and market intelligence, creating a thorough picture of AM activity across the globe.

Wohlers Report 2023 is meant to be a tool for education and information as well as a barometer of the AM industry’s health and growth. Readers new to AM will gain a comprehensive understanding of the industry and technology, while AM veterans will benefit from the up-to-date information on growth, trends and the latest and most important developments.

To access Wohlers Report 2023, visit this link.

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