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Six 3D Printing Firms Ready For A Post-COVID World
3D printing is proving to be a resilient industry. For Printer Week 2022, CRN looks at the prospects for additive manufacturing and the companies leading the path forward.
While a raging pandemic the likes of which the world has not dealt with in more than 100 years ravaged the global economy, the booming 3-D printing industry proved 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 a projected annual growth rate of 20.8 percent, the market is expected to soar to $76.17 billion by 2030.
3D printing could also alleviate some of the supply chain issues made worse by the COVID-19 pandemic. One printer for example, HP Inc.’s Metal Jet S100, is a scalable mass production component printer that could help industries shore up their supply chain with component alternatives.
“We are witnessing entire industries, from industrial to consumer, and healthcare to automotive, looking to digitally transform their manufacturing processes and supply chaines in a world where volatility is the new normal,” Dider Deltor, president of HP’s personalization and 3D printing business, said in a statement.
Clearly, 3D printing has a bright future that will weather economically uncertain times.
CRN takes a look at some of the biggest names in the industry set to take on the post-COVID-19 landscape: