FOR IMMEDIATE RELEASE
New Wohlers Report 2021 Finds 7.5% Growth in Additive Manufacturing Industry Despite Pandemic
Fort Collins, Colorado, USA, March 16, 2021 – Wohlers Associates, Inc. announced today the publication of Wohlers Report 2021. This marks the 26th year of publishing the undisputed, industry-leading annual report on additive manufacturing (AM) and 3D printing.
The study provides trends, perspectives, and forecasts as a tool for decision making, education, and knowledge acceleration. The report gives readers new to AM a comprehensive understanding of the technology and industry. Veterans of the technology benefit from up-to-date information on growth, recent trends, and important developments worldwide.
The 375-page report discusses the impact of COVID-19 on the AM industry. Even with the pandemic, Wohlers Associates found industry expansion of 7.5% to nearly $12.8 billion in 2020. Growth was down considerably, compared to average growth of 27.4% over the previous 10 years.
Most established manufacturers of AM systems saw a decline in equipment sales, but many less-established companies grew in 2020. An increase in business by AM service providers supported industrywide growth. The following chart shows 7.1% growth from independent service providers worldwide, resulting in nearly $5.3 billion of revenue from this group.
Among the new and expanded features in Wohlers Report 2021:
- 3D printing of food, medicine, and electronics
- Pricing of metals and polymers and the hidden costs of AM
- Methods of AM part inspection
- Pandemic’s impact on the AM industry
- Compilation of expert reports from 34 countries
- Tables of AM systems, software tools, service providers, and third-party materials
The report includes commentary on 74 early-stage investments and 35 acquisitions and public offerings. AM startups and established companies have received substantial funding in the recent past. One example is Desktop Metal, which received $575 million as part of a merger with a special acquisitions company. After going public in December 2020, Desktop Metal’s market capitalization exceeded $7.5 billion in February 2021.
Wohlers Report 2021 was created with the support of 124 service providers, 113 manufacturers of AM machines, and 24 producers of third-party materials. Eighty-nine co-authors and contributors from 34 countries provided expert views and perspectives. This valuable input, coupled with the experience and data from Wohlers Associates, resulted in the most detailed and comprehensive body of work on AM available.
Wohlers Report 2021 includes 54 charts and graphs, 104 tables, and 397 images and illustrations. It also includes 80 pages of supplemental online content available exclusively to the buyers of the report. More information on the new report is available here.
About Wohlers Associates, Inc.
The independent consulting firm offers an unparalleled window into AM and 3D printing. The company of 34 years provides technical, market, and strategic advice on the new developments and trends in rapid product development and AM. Wohlers Associates has provided consulting assistance to more than 275 organizations in 27 countries. Separately, the company has advised 180+ investors.
How to Order
Wohlers Report 2021 (ISBN 978-0-9913332-7-1) is $595 for a single-user (one-person) digital copy. A full-color printed/bound version is available for $695. With special bundle pricing, buy both and save $400.
What Others are Saying
“The Wohlers Report is the guide I always keep at hand for consultation. It is really a vade mecum for those looking for an edge in an increasingly complex industry to navigate.”
Gianluca Mattaroccia, Engineering Fellow, The Estée Lauder Companies
“I have pored over thousands of pages of the Wohlers Report.”
Jeff Immelt, New Enterprise Associates and former CEO of General Electric
“No report is more detailed, more comprehensive, more all-around knowledgeable than the Wohlers Report. The release of a new installment of the Wohlers Report is always a momentous day in 3D printing, and this year is no exception as the 2019 report arrives today.”
Clare Scott, 3DPrint.com
“Anyone with serious interest in professional 3D printing should be reading the Wohlers Report. There’s no better resource for anyone in the business of digital fabrication. It is the industry bible.”
Mike Senese, Executive Editor, Make: magazine
“In the world of additive manufacturing, Wohlers is both a legend and visionary. He understands the trends and opportunities provided by the technology like no other and is willing to share his insights.”
Peter Sander, Head of Emerging Technologies and Concepts, Airbus
“With over two decades of quality data, the Wohlers Associates team has become the gold standard for computing growth, analyzing trends, and forecasting the future of additive manufacturing.”
Tyler Koslow, 3D Printing Industry
“The report is regarded as the most comprehensive, most reliable collection of information and analysis on the global market for the industry.”
Brent Balinski, Manufacturers’ Monthly
“For those unfamiliar with this technology or looking for details on the players, markets, applications, and forecasts, I recommend the industry’s ‘bible’ from Wohlers.”
Mark Mills, Forbes
“This publication is widely considered the gold standard on the industry, as Terry Wohlers is the leading authority on 3-D printing.”
Beth McKenna, The Motley Fool
“Comprehensive and authoritative, the Wohlers Report is an extraordinary compilation of information on additive manufacturing and 3D printing. It is a must read for those that want more than a cursory understanding of this incredible and rapidly changing technology.”
Ed Morris, Director, America Makes – National Additive Manufacturing Innovation Institute
“… Wohlers, the industry’s highest profile expert.”
Alexander Eule, Barron’s
“More than just the bible of 3D printing, it is the New Testament as well as the Old Testament. We can’t think of another industry where a single source has such a compelling handle on the entire scope of industry trends.”
“Absolutely fascinating report! It has had a profound impact on my research, and it is defintely the “go to” document for its breadth and depth of AM activity around the globe.”
Brett Conner, Associate Professor, Youngstown State University
“The 2013 report is excellent and perhaps the best I’ve ever seen on an emerging technology. The level of detail is amazing.”
Owen McGarel, Lead Research Engineer, ITW Technology Center
“Now in its 18th year of publication (that’s right all you 3-D printing arrivistes, this stuff has been around for a while), the annual report describes a healthy and growing market for 3-D printing equipment, services, materials and processes, albeit one where the value continues to accrue to industrial applications.”
Michael Copeland, Senior Editor, WIRED
“Wohlers has been tracking this industry for roughly a quarter-century, and recently published the 18th annual edition of the industry bible, Wohlers Report, which monitors developments in the sector.”
Robert Grace, Associate Publisher, Plastics News
“The report gives the latest market trends and global developments of additive manufacturing technology. Hats off to Terry and his team.”
L. Jyothish Kumar, President, Additive Manufacturing Society of India
“I have only barely put a dent in Wohlers Report 2013 and have already learned an incredible amount of useful information. The report definitely pays for itself by accelerating the additive manufacturing learning curve.”
Gary Baker, Com Dev USA
“I read an excerpt from the Wohlers Report and then spoke with Terry by phone. In less than 30 minutes, I had more industry insight than I had gleaned across dozens of blogs and news sites.”
TJ McCue, Forbes
“I received your report this week and I am completely impressed with the depth, variety, and detail. It will be an invaluable reference for the classes and presentations that I am currently developing for our division. It’s just MAGNIFICENT really!”
Jim Horton, CAD/CAM Systems Specialist, Central Piedmont Community College
“I love it. There is no other way to get such in-depth, relevant information that is also up to date. I have read through most of the report and it’s great work, Terry.”
Rob Connelly, President, FineLine Prototyping, Inc.
“The report is amazing.”
Michael Raphael, President, Direct Dimensions, Inc.
“It has become the bible in additive manufacturing.”
Mario Fleurinck, CEO, Melotte (Belgium)
“I can’t believe how much information from around the world you absorb and then present in such easy-to-understand terms year after year.”
Bene Padovani, Brazil
“Wow, you have really created a massive resource over the years. The contributions from the industry specialists have helped produce an industry encyclopedia.”
Randall Newton, Editor-in-Chief, CADCAMnet, and Editor-in-Chief and Publisher, AECnews
“The amount of information in the report is almost overwhelming. I am awed by its depth and breadth. What’s more, the information is not available anywhere else. For example, we hear how China is changing, but few people fully understand the transformation that’s underway. The report gives insight and clarification on China and it covers the rest of the world with the same careful analysis. It also provides insight into new products and applications that you normally would not hear about, such as light-weight structures, nanomanufacturing, growing organs, gaming, and new types of protective gear. One of the secrets of your success is the extensive travel worldwide, coupled with the information you seek from experts globally. Thank you for making something so remarkable available each year.”
Boris Fritz, Northrop Grumman
“It is taking some time to get through your report because I’m underlining all the useful information and using it in my company’s internal reports. Thanks, … it is really a fantastic job.”
Dr. Livia Cevolini, CRP Technology (Italy)
“The report is a real mine of information. It is impressive how you manage to collate all this information.”
Dr. Mike Shellabear, EOS (Germany)
“Terry Wohlers is the spokesperson for the overall rapid prototyping industry. Every year, he publishes the Wohlers Report, a comprehensive rundown of advances. He represents better than anyone else the mainstream prototyping industry.”
Dr. Preston Smith, Lead Co-author of Developing Products in Half the Time
“Your report was very highly valued as we conducted our due diligence prior to acquiring Z Corp. It is highly professional and understandable, even to those new to this industry.”
Steen Borg, former CEO, The Contex Group (Denmark)
“I have purchased market reports in other industries for $30,000 that do not contain as much information. The purchase of the Wohlers Report every year is a no-brainer.”
Gilles Desharnais, Axis Prototypes Inc.
“The Wohlers Report is the world’s best compilation of activity in the field.”
Dr. David Bourell, University of Texas at Austin
“The wealth of information is astounding, but not as astounding as the amount of research that must be performed each year to put it together.”
Al Dean, Prototype Magazine (England)
“I found it extremely useful in the preparation of a presentation to upper management. Also, the report has caught the interest of many of my colleagues in R&D.”
Patrick Roth, Elkay Manufacturing Company
“His extremely comprehensive annual report is considered the definitive analysis of the rapid prototyping world and is highly recommended.”
David Cohn, Engineering Automation Report
“Nothing comes close to the authoritative and comprehensive nature of this annually-updated report. It has something for everybody and I highly recommend it.”
Jeffrey Rowe, MCADCafe.com
“The report was priceless in developing our business plan.”
Jason Epstein, Ionic Models
“I use it as a reference for any and all rapid prototyping questions I get that I cannot answer on my own. It is the most resourceful and complete publication we had ever seen.”
Kristopher Matson, St. Louis Community College
“I was in the market for a new machine for rapid prototyping and bought the report as an insurance policy. It definitely paid off.”
Kurt Blankemeyer, GTO
“The report offers the most up-to-date information that is available to us and it continues to improve each year.”
Ranji Vaidyanathan, Advanced Ceramics Research, Inc.
“It’s a great, concise report that covers the globe. I don’t know of any other document that is as complete.”
Tom Greaves, New Directions Consulting
“You are providing a valuable service to the industry.”
Brent Ragsdale, Hallmark
“As always, you have done a spectacular job collecting information from around the world on our ever-changing industry. I commend you on the depth and breadth of your labors.”
Marina Hatsopoulos, founder of Z Corp.
“Very easy to read. It gave me just what I was looking for.”
Douglas Freitag, Bayside Materials Technology
“Whether one is thinking of purchasing a prototyping device, checking into the sales of a particular company for investment purposes, or just desiring more information, Wohlers’ report delivers at every level.”
Joe Greco, Desktop Engineering Magazine
“It is comprehensive, well organized, and well written. We will be pouring over the details for some time to come.”
Mike Rynerson, ExOne
“The report gave me the best and most concise view of the industry.”
Reagan Hogerty, Jordan Industries, Inc.
“The report has helped our company immensely in selling rapid prototyping and tooling internally to our design, manufacturing, and management staff.”
Glenn Anderson, Southco Inc.
“The section on rapid tooling is particularly interesting. Wohlers systematically looks at all the competing technologies on the market today and provides detailed information on how to best apply each of them.”
Engineering Automation Report
“I wonder if the industry knows how fortunate it is to have this mirror? Few industries of this size and complexity have access to this level of data.”
Ed Grenda, Castle Island Company
“The report has become a virtual “Bible” of rapid prototyping … comprehensive and well organized … and is highly recommended.”
David Cohn, Engineering Automation Report
“I’ve just finished reading through the report and I have to say I’m impressed with the shear quantity of information it contains. It has become the bible to those looking at rapid prototyping and related technologies.”
Al Dean, MCAD Magazine and the CADserver (England)
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