Market Analysis / Trend Discussion of 3D Printer Industry

The scale of 3D printing market grew steadily, with an average annual growth rate of 17.7% in the 19 years from 1993 to 2012. 3D printing industry includes upstream printing materials, midstream printing equipment, relevant peripherals and their design software, as well as downstream printing terminal products and industrial design services.

Forecast of global 3D printing market scale from 1993 to 2015: USD 100 million

In 2012, the sales revenue of the global 3D printing industry reached US $2.204 billion, an increase of 28.6% over last year. If calculated from 1993, the average annual compound growth rate is 17.7%.

High cost is the biggest obstacle to the growth of 3D printing market. In fact, the growth rate of 3D printing market is basically maintained below 40%, which is difficult to describe as explosive growth. Among them, the high cost is the biggest shackle of 3D printing promotion. The direct manufacturing cost of 3D printing is mainly divided into equipment depreciation, raw materials, design cost and post-processing cost, of which equipment depreciation (fixed cost) and raw materials (variable cost) account for the vast majority. Among them, equipment depreciation mainly depends on the acquisition cost of 3D printer and the allocation of workpiece processing capacity to the acquisition cost, while raw materials mainly depend on its preparation and processing difficulty. Obviously, the decline of cost can only rely on the continuous progress of processing technology and the economies of scale and horizontal competition of manufacturers producing 3D printers and raw materials.

According to the prediction of Wohlers associates, the output value of 3D printing will reach US $10.8 billion by 2021, with an average annual growth rate of 19.31%.

Wohlers predicts that the output value of the industry will reach US $10.8 billion in 2021

Output value and growth forecast of 3D printing industry segment

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