rich mccomas3D Printing Market Research

Rich McComas is the Executive Research Director at Cellular 3D, an Industry Analyst and Opinion Leader who has written, researched and covered the consumer and professional medical device industry for more than 20 years.  Rich heads up all healthcare market and technology research projects at Cellular 3D, personally overseeing a number of dental and medical initiatives.  Rich believes that 3D printing can help make a variety of dental devices more accessible to patients and practitioners throughout the world.

IDTechEx Forecasts 2025 Growth at Low End and High End

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According to a IDTechEx market research reports, "Today, printers in the range $30k to $300k account for 64% of all 3D printing revenues. Over the next 10 years this will fall to 43% as the lowend prosumer and high-end metal 3D printing markets grow." 

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McKensie Identifies 3D Printing as #9 Dispruptive Tech in 2025

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A McKensie report entititled "Disruptive technologies: Advances that will transform life, business, and the global economy" identified 3-D Printing as the #9 most disprutive technology forecasted for 2025. 3D printing has largely been used by product designers and hobbyists and for a few select manufacturing applications. However, the performance of additive manufacturing machinery is improving, the range of materials is expanding, and prices (for both printers and materials) are declining rapidly bringing 3D printing to a point where it could see rapid adoption by consumers and even for more manufacturing uses.

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3D Hubs Now Tracking Outsourcing Data on 32K 3D Printers

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3D Hubs produced their November 2016 trends report, based upon data from their community of more than 32,000 3D Printers available for outsourced printing work.  Reporting the geographic distribution of over 32,000 printers globally, providing access to 3D printing in over 150 countries.

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Shop.org Keynote Discusses 3D Printing in Retail Environment

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A keynote address at the Shop.org Digital Summit discussed the potential for 3D Printing in the retail environment.  One presenter believes that less than 10% of 3D printing will happen in the home, and makes a comparison to 2D printing where in spite of the fact that every home has a printer, still the vast majority of all printing is done by businesses for internal use, and by large printers for commercial use.

This TED-talk like presentations and an interactive Q&A panel of digital retail’s rule breakers and disruptors share keen insights, important lessons and the inspiration required to remain relevant. Hear from Jon Nordmark Co-Founder of Iterate Studio, Julie Bornstein COO of Stitch Fix, John Hauer Co-Founder and CEO of 3DLT, and Maria Thomas Former Chief Consumer Officer of SmartThings.

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Automotive 3D Printing Report Compares Regions and Technologies

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Markets and Markets produced a new report entitled, "3D Printing Automotive Market by Technology (SLA, SLS, FDM, EBM, LOM, 3DIP), Materials (Metals, Polymers), Application (Prototyping & Tooling, R&D, Manufacturing), and by Region - Global Trends and Forecast to 2020" in which it forecasts dramatic growth in every region of the world in 3D automotive printing.

Factors that drive the 3D printing in automotive market are innovation in new printing materials for 3D printing, the development of new technologies, low cost of development, and expiration of key patents. However, regulatory hurdles in different countries, lack of availability and standardization of materials, process control standards, and limited awareness about the technology could hamper market growth.

The penetration of 3D printing is highest in North America as compared to other regions. Europe and Asia-pacific are in the early stages of adopting 3D printing technology. However, Europe is projected to lead the market, in terms of value, in the future, followed by Asia-Pacific, North America, and the rest of the world. The expiration of key patents has prompted manufacturers to enter the 3D printer market. The decline in the prices of 3D printers could also lead to a sudden spike in demand from the consumer segment.

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Gartner Forecasts 3D Printing 121% Growth Rate thru 2019

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Gartner forecasts that 3D printer unit shipments will grow at a CAGR of 121.3% through 2019, and that corresponding annual average spending will grow at 72.8% for the same period.  Additionally, Gartner expects that sales will exceed $14.6 billion in 2019 as consumers, educational institutions and businesses ramp up their purchases.

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Stratasys Forecasts Shift Away from Outsourced 3D Production

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Stratasys Direct Manufacturing conducted a survey of 700 executives, engineers, designers and managers about the impact of additive processes on manufacturing, learning that most companies are making a strong shift from outsourced to In-house production, especially as technologies become more affordable.

If you’re still dipping your toe in the water, the results may serve as a wake-up call to take swifter action. Using 3D printing to manufacture products may just be emerging as a competitive advantage today, but companies that don’t initiate investment soon could quickly be at a considerable disadvantage.

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JeeQ Provides Real-Time Data on 3D Printing Retail Sales

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A new retail analytics company, JeeQData, is offering nearly-real-time data on retail sales for just about anything that Amazon, Walmart and Best Buy sell, including 3d Printers.   Their reporting, which costs as little as $1.99/month for a subscription, gives us a daily snapshot into how printer sales are trending in the three largest retail channels.  The chart below is for the first week of May 2015.

Peddie Estimated CAD Industry at $8 Billion in 2014

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A new report from our friends at Jon Peddie research indicates that after four years of limited growth, the CAD business is growing again hitting $8 billion dollars in sales in 2014.  Jon Peddie Research estimates the CAD software market to be an $8 billion market with 5.15 million annual users. We expect the market to grow to $8.7 billion in 2017 at a CAGR of 4%.

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Precious Metal 3D Printing Could Grow to $4.1 Billion by 2024

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A March 2013 report from Smart Tech Publishing predicts that the Precious metal 3D market could grow to more than four billion dollars in less than 10 years.  The forecast involved data from leading companies directly involved in the metal printing segment including Argen, Asiga, Autodesk, 3D Systems, Concept Laser, Cooksongold, DWS, EnvisionTec, EOS, Hilderbrand, Legor, Materialise, Optomec, Progold, Realizer, Shapeways, Sculpteo, Solidscape, Tanaka Precious Metals, Voxel8, and Xerox.

3D Systems Indicates 80% Growth in Healthcare Solutions

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3D Systems’ (NYSE:DDD), in their March 2015 investor presentation, indicated their sales into design and manufacturing increased 27% from 2013 to 2014, growing to $609.8M in sales. Sales into healthcare increased 80%, from $71.7M in 2013 to $129.3M in 2014. The consumer segment of 3D Systems’ business grew 26% in the last year, from $34.8M in 2013 to $43.8M in 2014.

Cantech Letter Compares 3D Printing Market Forecasts

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The Cantech Letter compared several 3D printing market forecasts in their effort to evaluation adoption by the education market.  Gartner projects the 3D printing market globally will grow from $1.6B in 2015 to $13.4B in 2018, attaining a 103.1% CAGR. Allied Market Research (AMR) projects the 3D printing market will grow from $2.3B in 2013 to $8.6B in 2020, attaining a CAGR of 20.6%.

Gartner Evaluates Reasons for 3D Printing Adoption

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A late 2014 Gartner press release indicated that prototyping (24.5%), product development (16.1%) and innovation (11.1%) are the three most common reasons companies are pursuing 3D printing. Of those surveyed in a recent Gartner study, 37% had just one 3D printer within their organizations, with 18% owning 10 or more. The average number of printers per organization was 5.4

 

SIMT Keynote Compares Additive Manufacturing Forecasts

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At one of the keynote addresses of the SIMT Additive Manufacturing Symposium, Deloitte partner, Dr. Mark J. Cotteleer, presented an overview of the industry and in spite of signficant advances, still predicted that 3D manufacturing adoption wont achieve full steam till the 2030 to 2050 timeframe.

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Wholers 3D Printing Forecast Nearly Doubles in 2014 Report

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Wholers presented an updated 3D printing forecast in August 2014 which represented nearly a doubling compared to their 2013 forecast.  According to Wohlers Report 2014, the worldwide 3D printing industry is now expected to grow from $3.07B in revenue in 2013 to $12.8B by 2018, and exceed $21B in worldwide revenue by 2020. Wohlers Report 2013 had forecast the industry would grow to become a $10.8B industry by 2021.

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US Postal Service Evaluates Revenue Potential of 3D Printing Hubs

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The U.S. Postal Service (USPS), in their white paper, "If It Prints, It Ships: 3D Printing and the Postal Service" estimates turning postal processing centers into 3D printing hubs could generate an incremental $646M in commercial package revenue. These and many other fascinating insights into how the USPS could revolutionize their service model with 3D printing technologies are from the report.

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