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The Expanding Market for 3D Printing Technologies

An increasing trend toward personal manufacturing and small scale production is leading to incremental growth for three-dimensional (3D) printing technology across the globe. Furthermore, there has been an increase in interest with the development of heterogeneous material manufacturing capability, according the latest worldwide market study by Frost & Sullivan. Significant new opportunities have emerged with prototyping technologies, with 3D printing gaining momentum across various industries -- from printing a mobile phone cover to reconstructing human organs. Emerging as a technology of choice for a wide range of applications, 3D printing is expected to increase its market share rapidly by about 40 percent during 2015. Frost & Sullivan finds that personal manufacturing and small scale production is already starting to pave the way for further 3D printing adoption. Plus, combined with the automobile and aerospace industries, consumer goods manufacturing and healthcare...

3D Printer Total Revenue will Exceed $1 Billion by 2018

Three-dimensional (3D) printers, with the ability to print a variety of objects, have evolved significantly and are currently used for industrial and consumer prototype design applications. With use cases ranging from high-end industrial devices to children's toys, consumer 3D printing is witnessing an increased visibility among the do-it-yourself (DIY) and other early-adopter communities. New market study findings from Juniper Research reveal that the combined market value from consumer 3D Printer hardware sales and material spend is forecast to exceed the $1 billion mark by 2018, compared to just over $75 million this year. While 3D printer shipments are at relatively low levels, representing a limited opportunity in the medium term, Juniper expects them to increase significantly beyond the 5 year period. Industry leaders, including 3D Systems and Stratasys, confirmed a stronger demand for professional 3D printers and materials compared to a softer consumer demand. Howeve...

Exploring the Mainstream Applications for 3D Printers

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 ...