Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027

Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027

Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027

SmarTech Evaluation has put out its most up-to-date report, “Alternatives in Additive Manufacturing Software program Markets 2020”, which relays some stunning knowledge concerning the section.  The market analysis agency anticipates fairly fast progress for the additive manufacturing (AM) software program sector, with revenues growing from $460 million in 2020 to a formidable $three.7 billion by 2027.

On this, the primary research of the AM software program section since SmarTech’s pioneer report in 2017, analyst Scott Dunham examines the present state and way forward for AM software program capabilities, together with course of simulation, clever design optimization AM execution methods. A broad conclusion from the report is the truth that 3D printing software program is changing into much less of a distinct segment a part of AM and industrial manufacturing as an entire and changing into extra important and strong total.

Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027 1

ANSYS software program compensating for distortions in metallic laser powder mattress fusion 3D printing. (Picture courtesy of ANSYS.)

AM software program has clearly turn out to be extra superior, with important progress being made by way of metallic and polymer AM simulation, in addition to high quality management expertise. With the ANSYS acquisition of 3DSIM, Hexagon creating its personal metallic AM simulation software program, and Velo3D promoting its Guarantee software program, we all know that software program is now essential to repeatability and first-time-right elements in 3D printing.

On the identical time, it’s changing into more and more built-in into main CAD/CAM and PLM software program. Siemens, as an example, started incorporating AM capabilities into its design instruments by way of Materialise and Frustum merchandise in 2017, whereas Dassault has frequently added 3D printing capabilities to SOLIDWORKS. The truth that Autodesk acquired Netfabb and is trying to hyperlink all of its CAD and manufacturing instruments right into a single ecosystem is additional proof of this development. The report means that, in the midst of the previous three years, AM software program is bettering manufacturing outcomes for customers by offering higher connectivity and cohesion from design by means of to manufacturing.

Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027 2


Specifically, print preparation software program is being integrated into different areas of the AM software program chain in order that capabilities comparable to slicing, STL restore, assist construction and orientation technique will match into different software program factors within the design-to-production workflow. In keeping with SmarTech, whereas main AM software program instruments like Materialise Magics, Autodesk Netfabb and 3D Programs 3DXpert will proceed to widespread use, there shall be strain to decrease prices that can see customers carry out the capabilities they obtain with these packages in different extra condensed software program platforms.

Additive Manufacturing Software program Represents $three.7 Billion Alternative in 2027 3

Supply: SmarTech Evaluation.

All of SmarTech’s newest studies additionally take the COVID-19 pandemic under consideration, recognizing that, on the one hand, AM has performed and can play an elevated position in establishing new provide chains. Within the case of AM software program, the corporate sees software program used  “as by no means earlier than” as this new provide chain is additional developed. Dunham means that AM software program will carry order to manufacturing, whereas diversifying provide chains and offering a backstop towards disruptions for companies who depend on Asia for manufacturing.

The report is made up of an in depth research of market sizing with ten-year market forecasts that segments the business into software program instrument kind, adopting end-user business, and alternatives for AM software program per 3D printing expertise section, together with polymers and metals. SmarTech means that its AM software program studies are actually used all through the AM business by corporations pursuing an off-the-shelf useful resource for in depth market knowledge and forecasts. Firms mentioned within the report embody Autodesk, 3D Programs, Materialise, Siemens, AMFG and Dassault Systèmes.

The complete report, in addition to a abstract and desk of contents, will be discovered on the SmarTech Evaluation web site right here.

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