According to SmarTech, the value of the 3D printing market in 2022 will increase by +20%

The research company SmarTech analyzed the current data from the 3D printing market and estimated that in the third quarter of 2022 it reached a value of USD 3.1 billion. According to analysts, the additive technologies market continued to grow year on year, increasing its value by +20% compared to the same period in 2021 – despite the growing number of companies reporting a difficult macroeconomic environment and changing consumer behavior. The third quarter of 2022 was the fourth consecutive quarter in which the entire additive manufacturing industry reported revenues in excess of $3 billion. The market data defined by SmarTech includes hardware, materials, software and services.

Scott Dunham, EVP Research of SmarTech Analysis, commented: “Given current market conditions, sequential growth in additive manufacturing has again slowed down somewhat compared to the previous quarter, but nevertheless, the third quarter of 2022 saw the highest level of activity in the industry in the history of the third quarter. quarter. We are cautious about our future prospects for the sector as a whole, but we still see strong demand for additive technologies. This varies by company and market, but overall SmarTech remains optimistic about the potential of the 3D printing industry in 2023.”

More information on SmarTech’s 3DP/AM market data can be found here (polymer market data) and here (metals market data). SmarTech’s Core Metals and Core Polymers market data products provide historical quarterly data and 10-year forecasts. Quarterly reports on AM Markets for Metals and Polymers can be purchased as a one-off or subscribed to via the SmarTech website and customized as needed.

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