For the 26th year, Wohlers Associates released the Wohlers Report 2021, providing an overview and analysis of the entire AM industry. According to this latest edition, the AM industry grew by 7.5% to nearly $12.8 billion in 2020. Growth was down considerably, compared to the average growth of 27.4% over the previous 10 years.
The study provides trends, perspectives, and forecasts as a tool for decision making, education, and knowledge acceleration. The report gives readers new to AM a comprehensive understanding of the technology and industry. Veterans of the technology benefit from up-to-date information on growth, recent trends, and important developments worldwide.
Most established manufacturers of AM systems saw a decline in equipment sales, but many less-established companies grew in 2020. An increase in business by AM service providers supported industrywide growth. The following chart shows 7.1% growth from independent service providers worldwide, resulting in nearly $5.3 billion of revenue from this group.
The report includes commentary on 74 early-stage investments and 35 acquisitions and public offerings. AM startups and established companies have received substantial funding in the recent past. One example is Desktop Metal, which received $575 million as part of a merger with a special acquisitions company. After going public in December 2020, Desktop Metal’s market capitalization exceeded $7.5 billion in February 2021.
Wohlers Report 2021 was created with the support of 124 service providers, 113 manufacturers of AM machines, and 24 producers of third-party materials. Eighty-eight co-authors and contributors from 34 countries provided expert views and perspectives. This valuable input, coupled with the experience and data from Wohlers Associates, resulted in the most detailed and comprehensive body of work on AM available.
Wohlers Report 2021 includes 54 charts and graphs, 104 tables, and 397 images and illustrations. It also includes 80 pages of supplemental online content available exclusively to the buyers of the report.