Wohlers Report 2016: the additive manufacturing surpassed 5.1 billion dollar in 2015

Stratasys Printers at Normal
Courtesy Stratasys

According to the Wohlers Report 2016, the additive manufacturing sector continues to grow. The report shows that all around the world the compound annual growth rate (CAGR) of the 3D printing industry is trending upwards. “The additive manufacturing industry, consisting of all AM products and services worldwide, grew 25.9% (CAGR) to 5.165 billion dollar in 2015. The CAGR for the previous three years was 33.8%. Over the past 27 years, the CAGR for the industry is an impressive 26.2%”, the 2016 report states. Taking a more in-depth look at the segments of the industry, such as metal additive manufacturing and desktop 3D printing, the Wohlers Report still shows continued growth, despite both having quite a few challenges along the way. Compared to the 49 industrial-grade printer manufacturers on the scene in 2014, the report shows that number has grown to 62 over the last year.