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5 reasons additive manufacturing will boom in 2021

5 reasons additive manufacturing will boom in 2021

Written by David

May 1, 2021

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Blake Teipel, Ph.D., Essentium CEO and co-founder 2020 was a painful, unprecedented year that none of us will soon forget. But with the U.S. election behind us and the promise of effective vaccines ahead, 2021 is appearing significantly brighter. I’m also proud to say that the additive manufacturing (AM) industry truly rose to the challenges of COVID-19.

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During the pandemic, the industry proved it can step in to make quantities of supplies at scale to keep assembly lines moving. Early in the health crisis, when face masks and other personal protective equipment (PPE) were in short supply, we were able to quickly produce tens of thousands of 3D-printed protective facemask frames, helping protect police, firefighters, and other frontline workers. This is the beginning of radical change. In the next seven years, the global AM market is set to grow from $12 billion in 2020 to reach around $78 billion by 2028. Billions will be saved through new economic and production models. Supply chains will be stronger and able to withstand the worst type of unforeseen events – think pandemic, think combat. Our environment will be […]

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