State of 3D Printing Market

83% of respondents believe 3D printing helped save substantial costs in their manufacturing pipeline.

Jean Song Stock adobe com
jean song - stock.adobe.com

Nearly 71% of respondents to a recent Hubs report revealed they 3D printed more parts in 2022 compared to 2021, further emphasizing the surge in 3D printing usage.

“The driving force behind this growth can be attributed to 83% of businesses reporting substantial cost reductions through 3D printing,” according to Hubs.

From Hubs:

  • Hubs predicts the overall 3D printing market will grow by 17% to reach $19.9 billion in 2023.
  • 71% of businesses surveyed used 3D printing more in 2022 than in 2021.
  • 83% of respondents believe 3D printing helped save substantial costs in their manufacturing pipeline.
  • 56% of survey participants named FDM the most frequently used additive technology.
  • For 47% of businesses, 3D printing covered 0-20% of overall manufacturing requirements.
  • 76.24% of businesses produced 10-plus parts in production runs, up from 49% in 2021.
  • Cutting-edge technologies like artificial intelligence (AI) and smart materials (4D printing) will shape the future of additive manufacturing. AI-enabled solutions, such as in-print monitoring, can significantly improve consistency and quality control. Other AI tools could streamline generative design and make complex elements more accessible in the 3D printing process. Other industries such as aerospace, furniture, packaging and wearables are also exploring smart materials to create innovative solutions.
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