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	<title>On 3D Printing &#187; growth</title>
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	<description>Tracking the emerging 3D Printing revolution!</description>
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		<title>3D Printing Industry Growth: Forbes Incorrectly Says $52B by 2020</title>
		<link>http://on3dprinting.com/2012/11/01/3d-printing-industry-growth-forbes-incorrectly-says-52b-by-2020/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=3d-printing-industry-growth-forbes-incorrectly-says-52b-by-2020</link>
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		<pubDate>Thu, 01 Nov 2012 14:17:26 +0000</pubDate>
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		<description><![CDATA[In an article by Forbes contributor Jennifer Hicks, a new high-water mark is set for the expected growth of the 3D printing industry: $52 billion by 2020. Take for example,  3D printing, a market that’s growing so fast that people can’t keep up. It’s market potential is around $1.3 billion and expected to grow to $52 billion by 2020.]]></description>
				<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-1464" title="Infographic How 3D Printing Works Preview" src="http://djy4v7w60ym8o.cloudfront.net/wp-content/uploads/2012/08/20120806-Infographic-How-3D-Printing-Works-Preview.jpg" alt="Infographic How 3D Printing Works Preview" width="615" height="270" /></p>
<p>In an article by Forbes contributor Jennifer Hicks, a new high-water mark is set for the expected growth of the 3D printing industry: $52 billion by 2020.</p>
<blockquote><p>Take for example,  3D printing, a market that’s growing so fast that people can’t keep up. It’s market potential is around $1.3 billion and expected to grow to $52 billion by 2020. That’s a 300 percent growth. The cost of a 3D printer started at $400,000 and today you can get one for around $2,199 (via Makerbot). What if, says Ismail (who incidentally was wearing a 3D printed belt) you combined 3D printing, robots and the housing industry?</p></blockquote>
<p>Unfortunately that figure is off by a factor of 10. The actual projected industry growth is <a href="http://on3dprinting.com/2012/07/23/3d-printing-industry-will-reach-3-billion-by-2018-report/">$3 billion by 2018</a> and <a href="http://on3dprinting.com/2012/08/06/infographic-how-3d-printing-works-industry-growth-stocks-and-more/">$5.2 by 2020</a>, both figures we published over the last few months. Sorry, Forbes, we would love to see the industry growing to $50 billion, but it probably won&#8217;t happen by 2020.</p>
<p>&nbsp;</p>
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