3DPrint.com January 21, 2025
Additive manufacturing services are often underestimated in our industry, with the spotlight focusing on hardware, software, and the products they enable. Industry coverage and public perception frequently center on major hardware manufacturers’ achievements (or downfalls).
However, a deeper analysis of market data reveals a different trend: the services sector is steadily growing and gaining importance, demonstrating resilience to the volatility of hardware markets.
Services are a Growing Market Segment
A December 2024 report by Additive Manufacturing Research underlines the robust and consistent growth of AM services.
The sector totaled $1.9 billion in Q3 2024, reflecting an impressive 14% year-over-year increase, with an annual volume of AM services now exceeding $7 billion. In comparison, the overall market – which encompasses hardware,...