In 2012, the 3D printer market had sales of more than $10 billion. According to a recent report by IDTechEx, an international market research organization, the value created by the 3D printing market will reach $4 billion by 2025. In recent years, 3D printing has received widespread attention in major media around the world, and manufacturers of 3D printers have indicated that the demand for 3D printing and the market are growing rapidly. The growth of the 3D printing market has been affected by many factors. The media has made a lot of publicity on 3D printing technology in recent years, which has played a major role in understanding people's 3D printing.
Market demand in the application sector is booming Medical and dental The report says that the high demand for 3D printing is in the medical and dental fields, as well as in the fields of jewellery, luxury jewelry and construction. The medical and dental fields have strong growth potential and are currently valued at $141 million and will grow to $868 million by 2025. 3D printing will be increasingly used in the manufacture of dental and orthopedic implants. There will also be a compound growth of 20% in the field of jewellery, design art and architecture.
Sweden's ArcamAB claims to have produced more than 20,000 implants through its electron beam melting technology and has passed CE and FDA standards.
Aerospace and Automotive Industry The agency predicts that 3D printing technology will also see strong demand growth in aerospace and automotive manufacturing. 3D printing technology will become an important part of the production process of large companies, and this transformation will be accompanied by a large amount of capital investment.
China has not yet done too much commercial activity in the 3D printing market, and Chinese 3D printer manufacturers still export revenues that exceed their domestic sales.
The report also details the certification trends in various technologies and application areas. Chinese universities have conducted rigorous academic research in 3D printing technology, and universities in the United States and Europe are actively conducting research. But this academic activity is usually not translated into intellectual property.
Price price is still a key issue, and some users pointed out that the price of the product has not seen significant fluctuations in the market compared to the low-end printer. The cost of 3D printers with a production cost of 1 million yuan has already dropped to half of the initial cost, but the sales price has not dropped.
The CNC machine and 3D printing report also compares the growth of the 3D printing and computer numerical control (CNC) market.
The CNC system is suitable for target markets like 3D printing, such as rapid prototyping, molds, and small batch production runs. Customers include the aerospace and automotive industries, the medical sector, dentistry and jewelry.
In terms of turnover costs, many users are very cautious about the choice of materials because the price of materials is so high.
The report gives a final conclusion: Although 3D printing technology cannot bring about the third industrial revolution, it is undoubtedly a key to improving industrial technology.
Market demand in the application sector is booming Medical and dental The report says that the high demand for 3D printing is in the medical and dental fields, as well as in the fields of jewellery, luxury jewelry and construction. The medical and dental fields have strong growth potential and are currently valued at $141 million and will grow to $868 million by 2025. 3D printing will be increasingly used in the manufacture of dental and orthopedic implants. There will also be a compound growth of 20% in the field of jewellery, design art and architecture.
Sweden's ArcamAB claims to have produced more than 20,000 implants through its electron beam melting technology and has passed CE and FDA standards.
Aerospace and Automotive Industry The agency predicts that 3D printing technology will also see strong demand growth in aerospace and automotive manufacturing. 3D printing technology will become an important part of the production process of large companies, and this transformation will be accompanied by a large amount of capital investment.
China has not yet done too much commercial activity in the 3D printing market, and Chinese 3D printer manufacturers still export revenues that exceed their domestic sales.
The report also details the certification trends in various technologies and application areas. Chinese universities have conducted rigorous academic research in 3D printing technology, and universities in the United States and Europe are actively conducting research. But this academic activity is usually not translated into intellectual property.
Price price is still a key issue, and some users pointed out that the price of the product has not seen significant fluctuations in the market compared to the low-end printer. The cost of 3D printers with a production cost of 1 million yuan has already dropped to half of the initial cost, but the sales price has not dropped.
The CNC machine and 3D printing report also compares the growth of the 3D printing and computer numerical control (CNC) market.
The CNC system is suitable for target markets like 3D printing, such as rapid prototyping, molds, and small batch production runs. Customers include the aerospace and automotive industries, the medical sector, dentistry and jewelry.
In terms of turnover costs, many users are very cautious about the choice of materials because the price of materials is so high.
The report gives a final conclusion: Although 3D printing technology cannot bring about the third industrial revolution, it is undoubtedly a key to improving industrial technology.
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