Three-dimensional (3D) printers, with the ability to print a variety of objects, have evolved significantly over the past few years and are currently re-shaping the future for industrial and consumer applications. With the ability to print solid objects ranging from high-end mechanical devices to a variety of children's toys, consumer 3D printing has gained early adoption among the do-it-yourself and hobbyist communities. Findings from the latest market study by Juniper Research reveal that sales of consumer-grade 3D printers will exceed 1 million units by 2018, rising from just over an estimated 44,000 this year. While shipments of 3D printers are at relatively low levels, representing a limited opportunity in the medium term, Juniper expects them to increase significantly beyond the five-year period. This will be a result of an ever widening scope of application scenarios, driven by the entry and growth of the more established printing vendors. This, in turn ,will likely ...
TMT Market Research and Analysis