In this report the author provides the most thorough market analysis available of where the low-cost 3D printer market is headed. We believe that the keys to success in this complex segment of 3DP market are (1) understanding where low cost 3D printers can generate revenues and where they are merely being hyped, and (2) the formulation and execution of a well-defined product/market strategy. This report includes:
- Ten-year forecasts for low-cost printer hardware by printing technology, material shipments and revenue projections by category
- Market share estimates for more than a dozen of the top competitors in the low-cost printer market.
The New Low-Cost Printer Market: Professional and Enterprise
This report focuses on those market segments where the author analysis of low-cost 3D printer suggests money will be made in the coming years. With this in mind, the emphasis is especially on:
- Enterprise and corporate markets: Acceptance from enterprise businesses and large corporations helped drive the low-cost printer market to another year of solid growth. Fortune 500 manufacturers like Dell, Siemens, Caterpillar, Boeing, Ford, have all markedly increased their purchasing of low-cost printers due to the access they provide for distributed prototyping.
This report takes a look at the long-term potential for enterprise and corporate markets and the strategies available to hardware makers for entering this part of the low-cost 3D printer market.
- Professional markets: Although consumer 3D printers beyond the “maker” market looks some way off, SmarTech is seeing the rapid development of a professional market for 3D printers – at architects and designers, for example.
With such developments in mind, this report provides detailed market analysis of the budding “prosumer” hardware segment; backed by real market data.
- Consumer markets: Although the true consumer 3DP market is not here yet, the author continues to believe that consumer 3DP is far from dead.
To demonstrate where the real opportunities for consumer 3D printing will be found, this report includes a unique feasibility analysis of available low-cost 3D printing technologies for the consumer user base, along with a logical penetration analysis and adoption timeline for consumer 3D printing.
Clarifying Misconceptions and Strategies
This report is also designed to clarify the many misconceptions that have emerged with regard to the low-cost printer market in 2016 and beyond and to demonstrate which strategies will help this market emerge from being the “Wild West” of 3D printing.
The author believes that the low-cost 3D printing market remains a business with one of the largest upside segments in the overall 3D printing industry, as has been proven by a historic rise by brands such as Ultimaker, Aleph Objects, XYZPrinting, and many more.
The report provides both the necessary market data and competitive analysis for firms -- printer makers, retailers, materials companies, service providers, and others -- that are trying to make money in the low-cost printing sector.
1.1 Defining Low-Cost Printing Technology and Segments
1.2 Analyzing 2015 Market Performance
1.2.1 Ushering in a New Era of Leadership in Low-Cost 3D Printing
1.2.2 Material Extrusion Technologies Still Dominating the Low-Cost Marketplace Despite Further Diversification of Offerings
1.2.3 The Four-Axis Template for Low-Cost 3D Printer Success
1.3 Significant Market Trends Shaping the Future of Low-cost 3D Printing
1.3.1 Market Creep from Professional and Low-Cost Segments Creating Prosumer 3D Printing Hardware Category
1.3.2 New Opportunities on the Horizon for Low-Cost Binder Jetting, Powder Bed Fusion Technology
1.3.3 Global Entities Engaging in Low-cost 3D Printer Market Bring Outside Perspectives and Competencies
1.3.4 Growth in Localized 3D Printing Services Powered by Low-Cost 3D Printers
1.4 Markets for Low-Cost 3D Printing Materials
1.4.1 Thermoplastic Filaments in Low-Cost Printing Markets Enabling Entirely New Class of 3D Printer Products
1.4.2 Low-Cost Printing Technology Transitions—Opening Up Long Term Material Opportunities
Chapter Two: The Consumer Market for Low-Cost 3D Printers
2.1 Consumer Adoption of 3D Printing Will Be Driven by Lifestyle Customization
2.1.1 3D Printing as an Extension of Consumer Lifestyles
2.1.2 Case Studies in Successful Integration of Low-Cost 3D Printers as Lifestyle Customization Tools
2.1.3 Expansion in Access to Materials and 3D Scanning Technologies Will Help Drive Growth in Lifestyle Customization for 3D Printing
2.2 Feasibility Analysis of Low-Cost 3D Printing Technologies for Consumer Use
2.3 Color 3D Printing and Consumers
2.3.1 Direct Versus Indirect Color 3D Printing Solutions
2.3.2 Quantifying Demand for Low-Cost Color 3D Printing Solutions
2.4 Adoption Timeline and Penetration Analysis for Consumer 3D Printing
2.5 Key Points from This Chapter
Chapter Three: The Professional Market for Low-Cost 3D Printers
3.1 Major Drivers of Adoption of Low-Cost Printers in Professional Environments
3.2 Comparing Low-Cost Technologies to Professional Technologies
3.3 Leading Providers of Low-Cost 3D Printers Targeting Professional Markets
3.3.2 3D Systems
3.3.5 Type A Machines
3.3.6 Airwolf 3D
3.4 Key Adopting Industries for Low-Cost 3D Printing Technology
3.4.1 Emerging Industries Adopting Low-Cost 3D Printing
3.4.2 Potential High Value Industries for Future Adoption of Low-Cost 3D Printers
3.5 Key Points from This Chapter
Chapter Four: The Future of Low-Cost 3D Printing and Ten-Year Market Forecasts
4.1 Discussion of Forecast Methodology
4.2 Low-Cost 3D Printing Hardware Forecasts and Opportunity Sizing
4.2.1 Regional Hardware Projections
4.2.2 Market Share Estimations
4.3 Low-Cost 3D Printing Material Forecasts and Opportunity Sizing
About the Analyst
Acronyms and Abbreviations Used In this Report
List of Exhibits
Exhibit 1-1: New Leaders Account for Significantly Increased Total Market Share in 2015
Exhibit 1-2: Low-Cost 3D Printer Sales Technology Comparison
Exhibit 1-3: Four Axis Template for Low-Cost 3D Printing Adoption
Exhibit 1-4: Competitive Positioning of Relevant Manufacturers on Four Axis Low-cost 3D Printing Market Template
Exhibit 1-5: Market Creep Results in New 3D Printing Hardware Sub-segment
Exhibit 2-1: Low-Cost 3D Printing Feasibility Analysis Scoring Categories
Exhibit 2-2: Feasibility Quadrants for Low-Cost 3D Printing Technologies
Exhibit 2-3: Future Feasibility Evolution of Low-Cost 3D Printing Technologies
Exhibit 2-4: Total Installed Purpose Built Low-Cost Color 3D Printers, 2015-2025
Exhibit 2-5: Consumer 3D Printer Market Penetration Analysis
Exhibit 2-6: Consumer 3D Printing Adoption Timeline
Exhibit 3-1: Total Material Extrusion Hardware Revenue, Professional Users, 2015-2025
Exhibit 3-2: Prosumer 3D Printer Products
Exhibit 4-1: Total Low-Cost 3D Printer Unit Sales, All Technologies, 2014-2015
Exhibit 4-2: Total Projected Annual Low-Cost 3D Printer Unit Sales, by Print Technology, 2015-2025
Exhibit 4-3: Total Projected Low-Cost 3D Printer Installations, by Technology, 2015-2025
Exhibit 4-4: Total Projected Low-Cost 3D Printer Hardware Revenues, by Technology, 2015-2025
Exhibit 4-5: Total Projected Annual Low-Cost 3D Printed Unit Sales, by Region, 2015-2025
Exhibit 4-6: Total Projected Annual Low-Cost Material Extrusion Unit Sales, by Region, 2015-2025
Exhibit 4-7: Estimated 2015 Market Share, by Vendor
Exhibit 4-8: Supplementary Data Table: Estimated 2015 Vendor Market Shares
Exhibit 4-9: Total Projected Annual Low-cost Print Material Shipments, by Material Category, 2015-2025
Exhibit 4-10: Total Projected Annual Low-cost Print Material Revenues, by Material Category, 2015-2025
Exhibit 4-11: Total Projected Annual Low-Cost Thermoplastic Filament Shipments, by Filament Type, 2015-2025
Exhibit 4-12: Total Projected Annual Low-cost Photopolymer Shipments, 2015-2025
Exhibit 4-13: Total Projected Annual Low-Cost Powder Material Shipments, by Type, 2015-2025
This report focuses on those market segments where the author believes low-cost 3D printing will make money in the next decade. It provides the most thorough market analysis available of where the low-cost 3D printer market is headed.
This report includes:
- Ten-year forecasts for low-cost printer hardware by printing technology, with breakouts by type of printing technology. Forecasts as presented in unit shipment and revenue terms
- Ten-year forecasts of material shipments by weight and revenue with breakouts by type of material. The material type breakout is extremely granular and, for example, includes specific forecasts by filament type
- Market share estimates for more than a dozen of the top competitors in the low-cost printer market
- Analysis of the end-user markets for low cost printers including both the “traditional” consumer market and the emerging market for low-cost printers at larger coporations.
Among the companies whose strategies are discussed in this report are 3D Systems, MakerBot, Printrbot, Ultimaker, , PP3DP, Aleph Objects, Flashforge, Solidoodle, Form 1, LeapFrog, XYZ Printing, Zortrax, Afinia, Robo3D and Type A Machines.
The report provides both the necessary market data and competitive analysis for firms -- printer makers, retailers, materials companies, service providers, and others -- that are trying to make money in the low-cost printing sector. It is also designed to clarify the many misconceptions that have emerged with regard to the low-cost printer market in 2016 and beyond and to demonstrate which strategies will help the low cost segment emerge from being the “Wild West” of 3D printing.
Despite some highly publicized failures, the low cost 3D printer business had a good year in 2015 with sales of around 270,000 machines, compared to 190,000 in 2014. A major contribution to this success has been sales to larger organizations including Fortune 500 companies. Dell, Siemens, Caterpillar, Boeing, Ford, have all significantly increased their purchasing of low-cost printers due to the access these machines provide for distributed prototyping. And, although consumer 3D printers beyond the “maker” market looks some way off, the author is seeing the rapid development of a professional market for 3D printers – at architects and designers, for example.
In 2015, the most visible names such as MakerBot and 3D Systems struggled greatly but other firms did well. RepRaps now have the largest share of the low cost printer market followed by Ulitmaker and XYZ Printing.
The low-cost 3D printed materials market is dominated by the vibrant thermoplastic filament market, which will reach $1.5 billion in sales in 2021. Meanwhile, a degree of cooperation has been observed in 2015, partnering specialty material developers with larger chemical companies in order to develop high quality specialty filaments matched with specific applications or material properties. Availability of specialty and advanced thermoplastic filaments is driving new opportunities in the low-cost 3D printing sector, which has increased the total average pricing of both filaments, and the greater low-cost 3D printing materials market, by an estimated 3.6 percent year over year.