AM Energy

3D Printing Industry to Reach $15.03B – AMR’s Chart of the Week

AMR Military

Share this Article

The “Chart of the Week” from Additive Manufacturing Research (AMR) is a weekly segment that offers readers a dive into the additive manufacturing (AM) landscape, showcasing pivotal statistics and trends derived from AMR’s exhaustive research. The latest chart demonstrates AMR’s flexibility in describing the sector, as the market research firm has adjusted its overall estimates after taking into account the actual financial numbers reported by firms in 2023.

AMR’s current Q3’23 forecast illustrates a refined outlook on the market growth. The recalibrated forecast, while more conservative, remains a strong indicator of healthy market progression, with a promising revenue expectation of $15.03 billion in 2023. This adjustment in AMR’s projections is not merely a reflection of the market’s current state but also a strategic response to the complex interplay of technological and economic factors that influence the sector. The narrowed forecast gap between 2021 and 2023 suggests a meticulous analysis of short-term market conditions, incorporating the impact of the macroeconomic environment.

What stands out in AMR’s updated forecast is the widened divergence from 2024 onwards, hinting at a confident outlook on the industry’s long-term prospects. There is no doubt that adoption of the technology is only going to increase going forward. The question is just how much. Given that the U.S. Department of Defense is galvanizing a nationwide use of advanced manufacturing as a part of supply chain resilience initiatives, the rest of the world will necessarily follow suit.

Due to the recent economic recession, AMR adjusted its overall projections. The previous year’s forecast by AMR had painted an even more bullish future, with an anticipated market size of $52.11 billion by 2030. Now, the market research firm has modified this figure to $47.18 billion by 2030.

Share this Article

Recent News

3D Printing Poll of the Week: Networking Events at Additive Manufacturing Strategies 2024

Lithoz Expands Ceramic 3D Printing to Japan via New Network


3D Design

3D Printed Art

3D Printed Food

3D Printed Guns

You May Also Like


Solize Debuts on the Tokyo Stock Exchange: A Milestone for Japan’s 3D Printing Industry

In the dynamic landscape of Japan’s engineering and manufacturing sectors, Solize Corporation has emerged as a beacon of innovation, particularly in the realm of 3D printing technologies. On February 7,...

3D Printing Webinar and Event Roundup: January 28, 2024

It’s another busy week of 3D printing industry webinars and events! Stratasys continues its advanced training, while Nexa3D and Headmade Materials will discuss ColdMetalFusion in a webinar. 3DHEALS is hosting...

Electronics 3D Printing Company Electroninks Partners with Japan’s SAKATA INX

Electroninks, the Austin-based manufacturer of metal complex inks for electronics applications, has partnered with SAKATA INX, a Japanese company that manufactures a variety of inks, including materials for the electronics...


EPSON and Development Bank of Japan Bet on 3DEO’s Metal 3D Printing Tech

Japanese investment into the additive manufacturing (AM) sector is increasing and it’s bringing new, powerful players to the table. Los Angeles-based 3DEO announced a substantial investment from the Development Bank...