Home Industry SmarTech analysis: 3D printing market records 20% growth this year

SmarTech analysis: 3D printing market records 20% growth this year

The market research company SmarTech has analyzed current figures from the 3D printing market. In the third quarter, the market is said to have reached a volume of 3.1 billion US dollars. 

Q3 2022 saw continuing year over year growth for the additive manufacturing market, coming in 20% higher compared to the same period in 2021 despite a rising number of entities reporting a challenging macroeconomic environment and changing customer behavior. The third quarter of 2022 was the fourth consecutive quarter that the total AM industry saw revenue exceeding $3B. SmarTech’s market totals include hardware, materials, software, and services.

Scott Dunham, SmarTech Analysis EVP Research, commented, “With the reported conditions in the market, the sequential growth in additive once again declined slightly on a quarter over quarter basis, but still Q3 2022 saw the largest industry activity level for a third quarter in history. We are being cautious about our outlook for AM going forward, but we are still seeing plenty of demand out there for additive technologies. It varies company to company and market to market, but on the whole SmarTech is still optimistic about the AM industry’s potential heading into 2023.”

For a free sample and to purchase SmarTech’s 3DP/AM market data, please visit:

Q3 2022 Metal Market Data
Q3 2022 Polymer Market Data

SmarTech’s “Core Metals” and “Core Polymers” market data products include historical quarterly data and provide 10-year forward forecasts. Quarterly reports on the metal and polymer AM markets are available as a one-time or subscription purchase via SmarTech’s website and are customizable as needed.

Find out more about SmarTech Analysis at smartechanalysis.com.

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