Tag: 3D printer

China to surpass the US in 3D printer market

IDCChina is set to overtake the US to become the biggest 3D printer market this year.

3D printer shipments in the China market passed 34,000 units in 2014, and is expected to reach 77,000 units in 2015, a growth rate over 120 percent, according to IDC.

This growth rate is largely driven by sales of desktop 3D printers priced under US$5,000. As the Chinese government continue to promote 3D printer awareness and usage within schools and educational institutions, the desktop 3D printer market is expected to maintain an annual growth trend in the coming years.

3D printing market to hit $20.2b in 2019

CanalysThe global 3D printer market will reach US$5.2 billion this year, up from US$3.3 billion in 2014, growing 56 percent, according to Calanys.

This is expected to grow further to US$20.2 billion by 2019, representing an expected compound annual growth rate (CAGR) of 44 percent from 2014 to 2019.

“As we expected, the 3D printing market has grown substantially over the past few years. We have seen improving print speeds, a wider range of materials and new forms of additive manufacturing methods. There has also been a substantial increase in the number of vendors entering this space, with many coming from Asia, challenging the previous dominance of 3D printing hotspots such as Germany and the US. Long-existing vendors such as Stratasys and 3D Systems are well placed to take advantage of this growth but may find their dominant positions challenged by newer rivals,” said Joe Kempton, Research Analyst of Canalys.

3D printers set for rapid growth

GartnerThe global 3D printer market is set to double next year to reach 217,350 units in 2015, according to Gartner.

From then, 3D printer shipment will more than double every year between 2015 and 2018, by which time worldwide shipments are forecast to reach more than 2.3 million.

“As we noted last year, the 3D printer market is at an inflection point. Unit shipment growth rates for 3D printers, which languished in the low single and double digits per year throughout the 30 years since the first 3D printers were invented, are poised to increase dramatically beginning in 2015. As radical as the forecast numbers may seem, bear in mind that even the 2.3 million shipments that we forecast will be sold in 2018 are a small fraction of the total potential market of consumers, businesses and government organisations worldwide,” said Pete Basiliere, Research Vice President of Gartner.

Stratasys introduces multi-material 3D printers

Objet500 Connex2 Digital ABS Injection MoldWhile the attention of the technology world has been on gadgets, smartphones and wearables in recent weeks, Stratasys has turned the spotlight back on 3D printing with the Objet500 Connex1 and Objet500 Connex2 Multi-material 3D Printers — that’s right, the new printers can print on multi-materials.

The printers leverage Stratasys’ triple-jetting technology, which is designed to allow the user to build products with up to three different materials in a single run, or even mix multiple material droplets to form new digital materials such as tough Digital ABS.

Equipped with a large build envelope, the Objet500 Connex1 Multi-material 3D Printer can produce parts from three  materials in a single production run. This allows users to create assemblies with components formed from three different materials, or it can produce components that contain both rigid and flexible materials, such as rubber-like Tango and rigid Vero material.

Consumer 3D printing not quite there yet

GartnerWhile 3D printing is a much talked about topic these days with several startups getting crowdfunding to deliver such solutions, Gartner beileves that the technology is five to 10 years away from mainstream adoption.

The research firm pointed out that consumer adoption will be outpaced by business and medical applications that have more compelling use cases in the short term.

“Consumer 3D printing is around five to 10 years away from mainstream adoption. Today, approximately 40 manufacturers sell the 3D printers most commonly used in businesses, and over 200 startups worldwide are developing and selling consumer-oriented 3D printers, priced from just a few hundred dollars. However, even this price is too high for mainstream consumers at this time, despite broad awareness of the technology and considerable media interest,” said Pete Basiliere, Research Vice President of Gartner.

More consumers buying 3D printers

Canalys3D printing has been all the rage this past year. And that’s now backed up by figures that show that this technology is gaining traction. According to Canalys, 26,800 3D printers were shipped worldwide in Q1.

What’s interesting is that while most were purchased by enterprises, 46 percent were bought by consumers, up from 43 percent last year.

“While enterprise engagement will continue to grow, it looks to be the consumer space that will drive shipments in the near future. We are already seeing significant numbers of early technology adopters and hobbyists investing in relatively cheap 3D printers. As prices continue to fall, the technology improves and use cases are tested, this trend is set to continue,” said Tim Shepherd, Senior Analyst of Canalys.