It's time we start replacing the traditional manufacturing process with transformational manufacturing. Forbes shares the things holding 3D printing back.
Market research firm SmarTech Analysis recently released its data for the additive manufacturing (AM) industry. It determined that, in 2021, the 3D printing sector reached $10.6 billion in revenue, excluding the revenues associated with hardware maintenance contracts and post-processing equipment. The firm further projects that AM is expected to grow to over $50 billion by 2030.
is growth is closely pinned to the trend that large manufacturers will increasingly use the technology for mass production. However, in order for AM to reach wide-scale adoption, it will need to advance significantly in three crucial and interrelated areas: throughput, factory integration, and quality control. Fortunately for the industry, these are all also issues that are being actively addressed.