Decoding: What’s on the horizon for 3D printing?

Digital Journal July 16, 2023
Dr. Tim Sandle

Hubs, an online manufacturing platform, has published a 3D Printing Trend Report. The report is based on insights from over a thousand of customers and manufacturing partners.

The report indicates an increase in the adoption of 3D printing for large-scale orders. A majority of respondents, 71 percent, revealed they 3D printed more parts in 2022 compared to 2021.

Market growth

In terms of the industry’s market size, this has risen to $17.05 billion at an annual growth rate of 13 percent. The driving force behind this growth can be attributed to 83 percent of businesses reporting substantial cost reductions through 3D printing. Going forwards, the 3D printing market is projected to grow by 17 percent, reaching $19.9 billion by the...

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