SmarTech Analysis issued a report on metal additive manufacturing service bureaus titled, “The Market for Metal Additive Manufacturing Services: 2020-2029”. In this report, the analysts peg revenues for Metal AM Services at $9.4 Billion by the year 2025. These projections include revenues from core manufacturing and prototyping services as well as from a number of new value-added services, including design services, training and non-AM manufacturing such CNC and metal injection molding (MIM). SmarTech Analysis believes that these new services are where much of the growth for metal AM service bureaus will be found in the next few years and envisions today’s metal service bureau as being rebranded as “full-service metal shops for the age of Industry 4.0.”
Companies mentioned include: 3D Systems, BeamIT, Burloak Technologies, Carpenter, DM3D, ExOne, FIT, GE Additive, Henkel, Hoganas, HP, i3DMFG, Metal Point Advanced Manufacturing, Materialise, MTI, Oerlikon, Protolabs, Renishaw, Sculpteo, Shining3D, Sintavia, Siemens, Solid Concepts, Stratasys, Thyssenkrupp, voestalpine, Wipro 3D3D Hubs, Hitch3DPrint and Xometry
Three trends are highlighted in the report:
–The line between AM service bureaus, contract manufacturers and metal shops will increasingly blur. AM service bureaus will offer a broader range of metals manufacturing processes. By 2025, service bureaus will generate $6.2 billion in core AM manufacturing services with an additional $1.9 billion in other manufacturing services.
–New competitive factors. The range of expertise among service bureau operators goes from new entrants to those with more than 30 years experience. It can be important to choose wisely. Offering high-quality services can become a competitive factor and differentiator in the metal service bureau sector.
The rise of training services. Service bureaus with considerable in-house expertise can also sell that expertise in the form of training services; pushing their daily involvement with practical additive manufacturing as an advantage. By 2025, training services by metal service bureaus will generate almost $350 million in revenues. Successful training services that may emerge will be oriented towards improving part quality and part consistency, certification and environmental education. Or the training can focus on how to best run particular machines – with the spread of large industrial-grade machines, likely end users do not have the expertise to run big machines at their factories.