According to Forbes and the Wohlers Report 2019, the additive manufacturing forecast for 2020 is $15.8 billion for all AM products and services worldwide. The company expects that revenue forecast to climb to $23.9 billion in 2022, and $35.6 billion in 2024.
This year the report is at 369 pages. Wohlers Report 2019 draws upon expertise of 80 authors and contributors located in 32 countries. Wohlers Associates also received input from 127 service providers, 71 manufacturers of industrial systems, and 30 producers of desktop 3D printers and third-party materials around the world. It is filled with insights and data, such as,
- Benefits and challenges of designing for AM
- The overall materials segment of the industry saw record growth in 2018. A great deal of research and development was carried out in this area in 2018, particularly on high-performance thermoplastics.
Among the important trends, particularly relevant to the Technician Education in Additive Manufacturing & Materials (TEAMM), are knowledge and skills development, and materials development, as well as industry standards. In addition to these AM trends, among the 80 authors in the report, the TEAMM Network’s Principal Investigator, Mel Cossette, contributed a section within Part 7: Research and Development of the Wohlers Report 2019.
Ms. Cossette provided an overview of the TEAMM project summarizing some of its work over the last year, including:
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- “The role of materials development in advancing AM process capabilities is vital. With newly developed materials available for 3D printing, it is important for AM technicians to understand the properties they can provide.”
- Highlights of TEAMM’s work with the AM News blog on the 4TEAMM.org website.
- The TEAMM Network facilitates the delivery of annual workshops and presentations focused on AM and materials.
- TEAMM and Tennessee Tech collaborated with Purdue University to develop and present a virtual reality curriculum using VR as a tool to teach AM.
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With the AM industry on a radical growth curve, heading toward a big jump in overall revenue of $15.8 billion for all AM products and services worldwide in 2020, TEAMM and its Network partners are in a good place for serving the needs of AM and Materials Science technicians.
NOTE: Wohlers Associates is also a TEAMM Network member.