3D printing sees 47% growth, with more expected in 2015

Industry research conducted by The Business Advantage Group shows an increase in 3D printing and forecasts further growth in 2015.

"3D Printing is currently used by 22% of worldwide CAD users and managers," says Chris Turner, CEO/managing director of The Business Advantage Group. "By the end of this year 33% of the users and managers surveyed are expected to be using 3D printing, and in the coming three to five years, useage is expected to grow to 45% of users and managers".

Growth is predicted in all industries, at varying adoption rates. For example, in manufacturing use of 3D printing is expected to grow 39% (increasing usage in 2015 from 33% to 46%), while in AEC it is expected to grow 110%, although from a lower base of 9%, and increasing to 19%. Within the next five years, manufacturing is expected to use 3D printing at 57% and 45% in AEC. The current usage is highest in education (68%) and manufacturing (33%), whereas usage in AEC, utilities, and process and plant industries is currently in the range of nine to11%. Regionally, highest usage is in North America (28%) followed by Asia Pacific (21%) and then EMEA (17%). Usage in large companies (34%) is much higher compared to medium (24%) and small companies (9%)."

The survey was based on responses from CAD users, designers, engineers, and professionals including managers and senior executives.

Brand recognition among the CAD user/manager, design and engineering audience, however, is low. 51% could not name their brand of 3D printer. Of those that could name their brand, one in five (20%) mentioned Stratasys, and 1 in 10 mentioned Makerbot, 3D Systems and Cubify."