3D Printing Market Grew Nearly 55% Since 2020 – AMR’s Chart of the Week

3DPrint.com November 22, 2023
Michael Molitch-Hou

The “Chart of the Week” from Additive Manufacturing Research (“AMR”, formerly SmarTech Analysis) is a weekly segment that offers readers an insightful dive into the additive manufacturing (AM) landscape, showcasing pivotal statistics and trends derived from AMR’s exhaustive research.

This week, we can say that the upward trajectory of the AM sector continues, as evidenced by the latest quarterly market revenue data. In the second quarter of 2023, the industry saw an increase in total revenue to $3.4 billion, up from $3.36 billion in Q1. This marks a consistent rise from $2.18 billion in Q1 2020, demonstrating a growth of 54.17% from then until Q1 2023.

Nonmetal AM hardware remains a strong contributor, with revenues increasing from $323.8 million in...

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