The first commercial 3D printers were launched in the
early 1990s, and since the early 2000s, 3D printing technology has evolved
significantly in terms of price, variety and quality of materials, accuracy,
ability to create complex objects, ease of use and suitability for office
environments. 3D printing is already replacing traditional prototype
development methodologies across various industries such as architecture,
automotive, aerospace and defense, electronics, medical, footwear, toys,
educational institutions, government and entertainment, underscoring its potential
suitability for an even broader range of industries.
TBRC’s report also
covers 3D printing trends, and 3D printer market growth. Order the report at
3D Printing Market Potential
The global 3D printing market and printing devices, services and
supplies market is expected to grow at a CAGR of about 25% during the forecast
period 2016 to 2021. This growth is attributed to market factors which include favorable
government policies for 3D printing innovations, increasing public and private
funding for 3D printing technologies, growing application areas for 3D printing
technologies, companies achieving operational efficiencies by using 3D printing
technologies, and other factors which are mentioned in the report, along with
future trends.
The Americas region accounted for a market share of 60% of the global
3D printing sector in 2015 and is expected to continue its leading position
during the entire forecast period. The contributing factors behind such
dominance of this region includes presence of many innovative manufacturing
companies using 3D printing services, highly developed infrastructure, and
strong government support for the innovation of 3D printing technologies.
In this region, 3D printing technology is increasingly being adopted by
various industries such as healthcare, aerospace, automotive, etc. with an
intention to achieve operational efficiency.
Download sample
report at
3D Printer Sales Figures
3D Systems
Corporation emerged as the largest company in 3D printing, and its total
revenue for the year ended December 31, 2015 were up by almost 2%, to about $670
million, compared to $500 million for the year ended December 31, 2013. These
results primarily reflect an increase in services revenue, partially offset by
lower sales of 3D printers and materials and an unfavourable impact of foreign
currency translation.
Business strategies adopted by 3D
Systems Corporation include investing in advanced developments to enhance and
accelerate manufacturing applications, offering a comprehensive range of
healthcare products and services that provide solutions from the training room
to the operating room, expanding its healthcare focused operations in the U.S.
and Europe in support of growth in precision healthcare applications, supporting
growth by prioritizing resources to focus on professional and industrial
opportunities, and leveraging technology, domain expertise and strong customer
relationships.
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globally.
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