Date：2016-10-06 08:16:18 Click：2483
Global 3D printing market size from 1993 to 2012, 19 years, has been in a tepid state. 3D printing industry, including the upper reaches of the printing material, the middle reaches of the printing equipment, related peripherals and design software, and downstream of the print terminal products and industrial design services. WohlersAssociates data show that in 2012, the global 3D printing industry sales revenue has reached 2.204 billion US dollars, up 28.6% over last year, if from the date of 1993, the average annual compound growth rate of 17.7%, the last two years year on year growth rate Rose to 25% of the platform.
Figure 1: 3D print market size growth has been in tepid situation
Figure 2: Wohlers forecast 2021 industry output value of 10.8 billion US dollars
3DSystems and Stratasys two leading enterprises can be seen as the development of 3D printing industry benchmark. 3DSystems and Stratasys accounted for 25.81% of the global 3D printing industry's revenue in 2012. From the shipment of industrial printers, Stratasys (combined with the recent merger of the 3DSystems and Stratasys), the 3D printing market is dominated by leading European and American companies. Solidspace and Objet), 3Dsystem and other shipments accounted for up to 75%.
Figure 3: Two leading enterprises in the market share increased year by year
Figure 4: The two leading industrial printer shipments in terms of absolute advantage
Leading enterprises in the printing bright, but the surprise is not large, high growth rate largely from the acquisition and table factors. Recently, 3D printing industry leader 3DSystems and Stratasys were released mid-year report in 2013, respectively, the income of 37.97% and 115.84% year on year growth, but in fact, the higher growth rate largely from the acquisition and table Impact. 3DSystems, for example, reported revenue growth of 54.3%, 56.8%, and 38% over the last three years, but only 24.3%, 22.8%, and 26.3%, respectively, without considering acquisitions. Stratasys mid-year report increased by 116% largely thanks to the end of 2012 the acquisition of Israeli well-known 3D printing company Objet of the parallel factors, the company released the second quarter results Express also shows that the end of the second quarter growth rate of only 20% endogenous.
Figure 5: 3D Systems in the last three years of revenue growth
Figure 6: The acquisition of Objet by the end of last year and the Stratasys mid-year report
Nonetheless, the global 3D printing market is experiencing two positive changes by studying the company's revenue changes and recent trends.
First, the introduction of new printers, supplies, business models, is to enhance the performance of 3D printing, expanding the boundaries of 3D printing applications. From 3DSystems in the second quarter since the main business trends, continue to introduce new performance of the printer, the new printing supplies and the acquisition of such as RapidProductDevelopmentGroup such as 3D print scanning, design a unique ability to become a leading enterprise development and growth of the main starting point . Stratasys on June 19 this year announced the acquisition of desktop-class 3D printer in the field of the prestigious MakerBot, is the company's desktop personal 3D printer to advance the field of an important attempt.
This has further expanded the market size of 3D printing, on the other hand also allows leading enterprises to continue to higher value-added products and services to expand and optimize the product mix, making the income and gross margin are excellent performance.
Table 1: 3D Systems in 2013Q2 the main business trends
Second, the Asia-Pacific from scratch, the European economic rebound, Asia and Europe to enhance the penetration rate will be the next few years, 3D printing market, a strong driving force for growth. From the industrial market in 2012, the regional market share of 3D printers, the United States and Europe accounted for 80%, Asia accounted for only 5%; from the end of 2012 industrial-grade 3D printer stock structure, the United States, Europe is also 81% Leading, China, Japan accounted for only 4% and 3% respectively. From the 3DSystems disclosed in the income structure of the disclosure, the company's sales in the United States year on year growth rate is gradually reduced to below 40%, while Asia's revenue has been maintained at 60% of the rapid growth in Europe's recent revenue growth is also Rose to about 33%.
As 3D printing was born in the United States, in the United States after 20 years of development, the first wave of early adopters may be increasingly saturated demand, future penetration depends mainly on higher printing equipment and supplies on the expansion of 3D printing application boundaries, and cloud manufacturing Related business model of innovation. But the Asia-Pacific market size is in a stage of expansion from scratch, the future is expected to maintain more than 60% of the high-speed growth; the same time, the economy gradually out of the trough, with strong industrial base in Europe is also expected to become another important growth outside the United States pole
Figure 7: Europe and the United States is the main market for 3D printers
The next few years, the growth of 3D printing market, there are three main logic:
First, through technological progress and industrial competition to improve cost performance. As described in the "Advanced Processing Times" report, the 3D printing process, the printing consumables and design programs, and the spiraling innovation of the three elements of the peripherals are the driving force of 3D printing to increase cost performance and expand application areas. .
Performance, although the current 3D printing concept surging, but the real application, whether in industrial or consumer areas, the above three elements with far from the ideal state, need to improve the place is also very much. Three elements of the process of joint improvement may be slower, but most likely will be a few key aspects of the breakthrough to stimulate the formation of similar Iphone killer applications, thus accelerating the penetration. In fact, more and more enterprises in the current 3D printing industry into the point of view, competition will increase the intensity of the process gradually speed up.
Price, due to the 3D printing equipment and supplies in the end product costs accounted for quite large, the future of equipment, supplies cost reduction will gradually improve the economy of 3D printing. In fact, as technology advances and competition in 3D printing equipment manufacturers, printer average price from 2001 to nearly 120,000 US dollars fell to 80,000 US dollars, a decline of about 1/3, and since 2010 the price increase is due to metal The rise of the application of materials makes the performance requirements of the equipment due to the increase.
Second, the Asia-Pacific region, especially the Chinese market will be activated and rapid growth. As mentioned earlier, the Asia-Pacific region is a 3D depressions, especially in China's 3D printing market is likely to be activated and rapid growth. At present, the status of domestic 3D printing industry is the leading technology, industrialization, shortage of high-end metal supplies. But optimistic about its prospects for development, first, a solid domestic technology base, with the key technical bottlenecks and costly problems gradually resolved, the downstream application of cost-effective will gradually improve; Second, the strong support of the government unprecedented third, gradually deepening cooperation between enterprises , Four is the concept of 3D printing concept of the objective for the downstream application of promotion and capital support to provide a strong impetus.
Third, the evolution of business models. With the Internet cloud manufacturing, Internet of things more and more mature ecology, 3D print distributed manufacturing business model may become a reality, we can 3D print through the network of entrepreneurship, financing and design process transactions, logistics will The finished product to the hands of users. Further innovation in the business model will allow 3D printing penetration to increase further.
Specific to the domestic 3D printing industry chain links, of course, optimistic about all aspects of the initial development, but more optimistic about the high-end printing supplies in the long-term development. In the printing equipment sector, domestic enterprises such as too Seoul era, Hunan Huashu, although the technology has certain advantages, the current sales have also made exciting achievements, but faced with two problems, one European and American enterprises in technology and scale There are first-mover advantage, domestic enterprises in the performance and cost will face strong competition, and second, with the domestic local governments set off on the project, building industrial park boom, 3D printing equipment is likely to become the Red Sea, In government support will usher in a rapid expansion from scratch, with a certain investment value, but the future of this part of the profitability may be overall decline.