Whether they print their own parts or sign contracts with on-demand services, the business needs of 3D printing objects will drive the market to more than double its size.
According to a report just released by IDC, global spending on 3D printers and related software, materials and services will reach USD 28.9 billion in 2020, while in 2016 it is estimated at USD 13.2 billion, with a compound annual growth rate in the five-year forecast period Inside is 22.3%.
Not surprisingly, discrete manufacturing will firmly control the market and be responsible for more than two-thirds of revenue in the foreseeable future.
Last fall, Gartner predicted that by 2020, 65% of discrete manufacturers will use 3D printers to produce components for products they sell or support. Gartner vice president of research Pete Basiliere commented: "Aircraft and aerospace manufacturers have been using this method for many years, using 3D printers to produce small batches of parts and parts with complex designs.
"Medical companies in the United States and Western Europe will drive healthcare into the second place, with revenues exceeding US $ 3.1 billion by 2020," IDC predicts.
Carla La Croce, an IDC research analyst, said in a statement: "Due to the wider variety of 3D printers and materials available, and the reduction in prices, 3D printing is becoming more and more complex and dedicated to newer uses. In addition, Existing use cases are increasing their market share. For example: dental printing is growing rapidly and is expected to reach one of the highest market shares in the near future (about 15% in 2020), as well as 3D printed medical implants and devices ( About 13% in 2020). "
In 2016, the Automotive Rapid Prototyping Division estimated that it generated $ 3.9 billion in revenue. The aerospace and defense component printing category is close to $ 2.4 billion.
"Companies will snap up 3D printers and the materials needed to produce physical objects. By combining the two, they will attract nearly two-thirds of revenue," IDC said. The research company also expects that computer-aided design (CAD) software sales will increase substantially, and will triple by 2020.
It is reported that the United States will lead the market and generate a quarter of 3D printing revenue. Western Europe, Asia Pacific (excluding Japan) and Japan ’s total revenue is expected to be slightly more than half of total revenue. 
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