Stratasys ships 3.5 times more additive manufacturing units than nearest competitor, says Wolhers

According to the authoritative by Wohlers annual report covering the additive manufacturing (AM) market, Stratasys' 2010 unit sales were more than 3.5 times that of its nearest competitor, at 2,555 systems.

Over the past decade, Stratasys average annual growth was 24%, compared with an industry-wide growth of 18%, with the company shipping 15,839 systems since its founding.

Wohlers Report 2011 showed a strong recovery for the AM industry as a whole, with a 37.4% increase in industrial system shipments, the highest growth in over six years. For the year, the report lists annual industry revenue for products and services as $1.325 billion, a 24.1% increase over 2009. In the AM industry's 23-year history, its compound annual growth rate has been 26.2%

The report predicts the industry will ship 15,000 industrial systems per year by 2015, driven in large part by systems selling between $5,000 and $25,000, with annual revenues of $5.2 billion by 2020.

"The report forecasts tremendous untapped potential that will fuel growth well into the future," says Stratasys' CEO, Scott Crump. "Stratasys plans to contribute to that growth with all our groups: 3D printers, production systems, on-demand services, and materials. We have an outstanding global team, great products, and strong strategic partners that will drive us forward."

Author
Andrew Allcock

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