3-D Printing Specialists

The demand for 3-D printing technology will increase in the future as a result of faster equipment speeds, new and enhanced materials, more public and business awareness of the benefits of the technology, advances in printing technology, and improvements in the quality of 3-D–manufactured products.

Revenue in the U.S. additive manufacturing market size was estimated at $3.56 billion in 2022, and is projected to grow at a compound annual growth rate of 21.3 percent from 2023 to 2030. In 2030, revenue is expected to reach $16.48 billion, according to Grand View Research. The market research and consulting company firm says that the "assertive research and development in three-dimensional printing and increasing demand for rapid prototyping and iterative design processes from various industry verticals, particularly healthcare, automotive, and aerospace & defense, are expected to drive market's growth."

Although the field of 3-D printing is growing quickly, it’s important to remember that it will not replace traditional manufacturing processes (especially the mass-production of large products) in the short-term. “It’s not going to change all of manufacturing overnight,” says Dr. Lonnie Love, corporate research fellow at Oak Ridge National Laboratory, in an article about the trend at the Web site of the Association of Equipment Manufacturers. “It’s not going to displace casting. It’s not going to displace welding. But it’s going to allow you to do some things that you’ve never been able to do before.”