Menu
​3D printing technologies expand as mainstream money floods the market

​3D printing technologies expand as mainstream money floods the market

“There is strong appeal for this technology across several markets, and regions."

Global spending on 3D printing will grow at a 27 percent compound annual growth rate (CAGR) from nearly $US11 billion in 2015 to $26.7 billion in 2019.

“3D printing has been a mainstay in specialised discrete manufacturing markets like automotive and aerospace for many years,” says Christopher Chute, Vice President, Consumer Insights and Analysis Group, IDC.

“However, in just the past three years, lower-priced 3D printers and affordable materials have dramatically widened the market for 3D printing to now enable consumer, education, healthcare and additional manufacturing markets.

“That said, 3D printing availability doesn't translate similarly across industries.

"Vendors and service providers need to understand how differences in use cases, materials cost, and end customer expectation are uniquely shaping each market.”

IDC research suggests that in 2016 and beyond, the technologies that enable 3D printing continue to develop and expand in nearly every direction.

“These technologies can help deliver larger, more accurate, and more solidly built models in a fraction of the time,” adds Tim Greene, Research Director, Hardcopy Solutions, IDC.

IDC's 3D printing research indicates that the 3D printer market is “primed and ready” for greater mainstream adoption.

“There is strong appeal for this technology across several markets, and regions,” adds Keith Kmetz, Program Vice President of Imaging, Printing and Document Solutions research, IDC.

Looking ahead, IDC expects that key regions and vertical industries will drive this high rate of growth and provide a transformative effect on how previously mass-produced goods can now be customised for individual needs and requirements.

While emerging markets will represent a growth opportunity, IDC expects that Asia/Pacific, the United States, and Western Europe will grow their aggregate share of global spending from 59.2 percent in 2014 to 70 percent by 2019, as China in particular becomes a leading market for 3D printing hardware and services.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags IDC3d printing

Slideshows

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise

Ingram Micro completed its nationwide roadshow in Auckland last month, kicking off its Innovation Hour series with Hewlett Packard Enterprise. Uncovering the latest in storage, networking and servers, the event outlined key market trends for resellers in 2016 and beyond.

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise
IN PICTURES: FireEye celebrates channel at 2016 Partner Conference

IN PICTURES: FireEye celebrates channel at 2016 Partner Conference

FireEye welcomed 143 channel partners and distributors to FireEye's 2016 annual Partner Conference, FireEye A/NZ Momentum - held at Establishment in Sydney. Delegates heard from senior trans-Tasman channel leaders, marketing and the product divisions in the morning, with FireEye customers, incident responders and threat intelligence analysts sharing knowledge during the afternoon.

IN PICTURES: FireEye celebrates channel at 2016 Partner Conference
​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​

​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​

With New Zealand businesses now open to innovation, the industry sits on the cusp of significant disruption in the data centre. Driven by software-defined networking, the future of the data centre is fast becoming reality, as the channel seeks to keep up, keep innovating and keep growing. APC by Schneider Electric, Lenovo and key partners outlined how the channel can capitalise at The Grill restaurant in Auckland.

​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​
Show Comments