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CECIMO publishes new report on European AM business trends

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CECIMO just published its new report on the European additive manufacturing business (you can access and download the full report here). As the European association dedicated to additive manufacturing, CECIMO monitors the European AM sector and regularly conducts a survey to collect data directly from 3D printing companies that operate in participating countries, observing both domestic business and AM exports.

Between September and November 2021, CECIMO, the European Association of the Machine Tool Industries and related Manufacturing Technologies, organized the third round of its European Additive Manufacturing Survey, which aims to assess key market trends in the Additive Manufacturing (AM) sector.

CECIMO report on European AM business trends analyzes domestic business, AM exports, material orders, industry demand, and investment trendsCECIMO conducts this survey to collect data directly from 3D printing companies that operate in the participating countries. The six-month survey will help the industry record trend indications for key business areas, such as domestic business, AM exports, orders by type of material, client industry demand, and investment trends. 3D printing companies express their six-month indications in the key business areas compared to the situation over the past six months.

For each country, survey responses are analyzed as the difference between the share of companies reporting growth and that of companies reporting a decrease in their trend indication. A positive balance provides a growth indication, and a negative balance reflects a decline. National results are weighted with equal shares for the participating CECIMO countries to have a European figure.

AMong other things, the domestic European AM business trend indication reflects very strong new orders expectations in all AM categories over the next six months (products/produced parts, machines, materials and services). Unlike the results from the spring survey, where the strongest growth was expected for the AM products/parts produced and the AM materials category, new orders are now expected to be the highest in the AM services sector (79%). Furthermore, according to the responses concerning the AM Investments trend, managers have almost the same indications compared to the spring survey results. With a net positive balance of 33%, the responses indicate that companies are considering investing in AM over the next six months.

3dpbm’s CEO Davide Sher will present and moderate CECIMO’s upcoming Additive Manufacturing European Conference, AMEC, on December 7th. Register here to participate virtually.

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