Six 3D printing companies ready for a post-COVID world
Peripheral components News
3D printing is proving to be a resilient industry. For Printer Week 2022, CRN takes a look at the outlook for additive manufacturing and the companies that are leading the way.
As a raging pandemic the world hasn’t faced in over 100 years has ravaged the global economy, the booming 3D printing industry has proven to be a resilient and reliable business model. Additive manufacturing claimed a market size of $16.75 billion in 2022, according to Grand View Research. And with an expected annual growth rate of 20.8%, the market is expected to grow to $76.17 billion by 2030.
3D printing could also alleviate some of the supply chain issues made worse by the COVID-19 pandemic. For example, one printer, the Metal Jet S100 from HP Inc., is a scalable mass-production component printer that could help industries bolster their supply chain with alternative components.
“We are witnessing entire industries, from manufacturing to consumer, and from healthcare to automotive, seeking to digitally transform their manufacturing processes and supply chains in a world where volatility is the new normal,” Dider Deltor, president of HP’s 3D printing and personalization business, said in a statement.
Obviously, 3D printing has a bright future that will go through economically uncertain times.
CRN takes a look at some of the biggest names in the industry ready to tackle the post-COVID-19 landscape: