3D Printing Market Hits $14.7B Amid Challenges in 2023
3DPrint.com April 2, 2024
Last year was one of dire moping for the 3D printing market, as the effects from the broader macroeconomic climate affected the public and private markets. Despite the doom and gloom, the additive manufacturing (AM) sector continued to grow, albeit at a somewhat slower pace, according to the year’s annual market findings recently unveiled by Additive Manufacturing Research (AM Research. The leading authority in AM market data analysis has reported a year-over-year growth of 13.5%, reaching a market valuation of $14.7 billion.
The journey through 2023 was not devoid of its hurdles. The final quarter underscored a series of challenges that shadowed the AM sector, mirroring the broader economic environment’s ups and downs. Despite these obstacles, the market for 3D...