GITNUX MARKETDATA REPORT 2024

Diversity In The Additive Manufacturing Industry Statistics

The additive manufacturing industry lacks diversity with only a small percentage of women and minorities represented in the workforce.

With sources from: forbes.com, mckinsey.com, pewresearch.org, bcg.com and many more

Statistic 1

There is a documented 30% higher chance for diverse additive manufacturing teams to spot and react to trends in consumer needs.

Statistic 2

Diverse workforces are responsible for 35% more patents in the additive manufacturing industry.

Statistic 3

40% of large additive manufacturing companies have at least one person of color in their executive teams.

Statistic 4

The additive manufacturing industry sees a 33% lower turnover rate in companies that actively promote diversity.

Statistic 5

Ethnically diverse companies are 35% more likely to have financial returns above their industry medians.

Statistic 6

Firms in the additive manufacturing industry that emphasize inclusive practices see a 59% improvement in team collaboration.

Statistic 7

Around 15% of new hires in the additive manufacturing industry come from diverse educational backgrounds, including liberal arts and social sciences.

Statistic 8

Diverse teams in the additive manufacturing industry are 45% more likely to capture significant market share.

Statistic 9

About 12% of additive manufacturing firms have a Chief Diversity Officer.

Statistic 10

Companies in the additive manufacturing industry that prioritize diversity are 1.7 times more likely to be innovation leaders.

Statistic 11

Women make up about 13% of the workforce in the additive manufacturing industry.

Statistic 12

Companies with higher diversity scores in the additive manufacturing industry report a 19% increase in innovation revenue.

Statistic 13

Gender-diverse teams outperform less diverse teams by 21% in the additive manufacturing industry.

Statistic 14

About 25% of firms in the additive manufacturing industry have formal diversity and inclusion programs.

Statistic 15

Approximately 20% of leadership positions in the additive manufacturing sector are held by individuals from underrepresented minority groups.

Statistic 16

Only 8% of additive manufacturing startups are founded by minorities.

Statistic 17

The representation of LGBTQ+ individuals in the additive manufacturing industry stands at around 7%.

Statistic 18

Companies with more than 30% of their engineers being female or from underrepresented groups have notably higher profit margins.

Statistic 19

Diversity in the workforce leads to a 24% increase in customer satisfaction for additive manufacturing companies.

Statistic 20

Investment in diversity training in the additive manufacturing sector has increased by 22% over the past five years.

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In this post, we explore the pivotal role of diversity in the additive manufacturing industry. With a multitude of compelling statistics showcasing the impact of diversity on various aspects of additive manufacturing companies, it becomes evident that embracing inclusivity is not only a moral imperative but also a strategic advantage in driving innovation, profitability, and overall success in this dynamic industry.

Statistic 1

"There is a documented 30% higher chance for diverse additive manufacturing teams to spot and react to trends in consumer needs."

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Statistic 2

"Diverse workforces are responsible for 35% more patents in the additive manufacturing industry."

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Statistic 3

"40% of large additive manufacturing companies have at least one person of color in their executive teams."

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Statistic 4

"The additive manufacturing industry sees a 33% lower turnover rate in companies that actively promote diversity."

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Statistic 5

"Ethnically diverse companies are 35% more likely to have financial returns above their industry medians."

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Statistic 6

"Firms in the additive manufacturing industry that emphasize inclusive practices see a 59% improvement in team collaboration."

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Statistic 7

"Around 15% of new hires in the additive manufacturing industry come from diverse educational backgrounds, including liberal arts and social sciences."

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Statistic 8

"Diverse teams in the additive manufacturing industry are 45% more likely to capture significant market share."

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Statistic 9

"About 12% of additive manufacturing firms have a Chief Diversity Officer."

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Statistic 10

"Companies in the additive manufacturing industry that prioritize diversity are 1.7 times more likely to be innovation leaders."

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Statistic 11

"Women make up about 13% of the workforce in the additive manufacturing industry."

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Statistic 12

"Companies with higher diversity scores in the additive manufacturing industry report a 19% increase in innovation revenue."

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Statistic 13

"Gender-diverse teams outperform less diverse teams by 21% in the additive manufacturing industry."

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Statistic 14

"About 25% of firms in the additive manufacturing industry have formal diversity and inclusion programs."

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Statistic 15

"Approximately 20% of leadership positions in the additive manufacturing sector are held by individuals from underrepresented minority groups."

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Statistic 16

"Only 8% of additive manufacturing startups are founded by minorities."

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Statistic 17

"The representation of LGBTQ+ individuals in the additive manufacturing industry stands at around 7%."

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Statistic 18

"Companies with more than 30% of their engineers being female or from underrepresented groups have notably higher profit margins."

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Statistic 19

"Diversity in the workforce leads to a 24% increase in customer satisfaction for additive manufacturing companies."

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Statistic 20

"Investment in diversity training in the additive manufacturing sector has increased by 22% over the past five years."

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Interpretation

The statistics presented clearly demonstrate the tangible benefits of diversity in the additive manufacturing industry, ranging from improved innovation and collaboration to increased financial returns and customer satisfaction. Companies with diverse teams are more likely to spot trends, secure patents, retain talent, and capture market share, emphasizing the crucial role that inclusivity plays in driving success and growth in this sector. While progress has been made in terms of representation, there is still room for improvement to ensure that all voices are heard and valued in the additive manufacturing field, ultimately leading to a more innovative and profitable industry as a whole.

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