Menu
​INSIGHT: 3D Printing - from niche to mass-market appeal

​INSIGHT: 3D Printing - from niche to mass-market appeal

The 3D printer market continues its transformation from a niche market to a global market of enterprises and consumers.

The 3D printer market continues its transformation from a niche market to a global market of enterprises and consumers.

Understanding this transformation is critical to not only 3D printer technology providers but also buyers and users who are faced with significant business disruptions.

Gartner forecasts 3D printer sales will grow at 72.8 percent CAGR through 2019, from almost $944.3 million to more than $14.6 billion in 2019.

The total number of 3D printers purchased per year is forecast to grow from more than 106,000 units in 2014 to more than 5.6 million units in 2019, a CAGR of 121.9 percent.

Our 2015 forecast, which does not include revenue from 3D printer supplies or service, includes printers ranging from a few hundred dollars to over $1 million.

The primary market drivers for “consumer” 3D printers costing under $2,500 is not household purchases but acquisitions of low-cost devices by schools and universities.

The primary “enterprise” 3D printer market drivers are finished piece quality and material advances.

Unit shipment growth rates for 3D printers - which languished in the low single and double digits per year throughout the 30 years since the first 3D printers were invented - are increasing significantly.

As forecast last year, we expect that the 3D printer market will have year-to-year growth rates of more than 100 percent beginning in 2015.

As radical as the size of the forecast numbers are, bear in mind that even the 5.8 million shipments that we forecast will be sold in 2019 are a small fraction of the total potential market of consumers, businesses and government organisations (including the military) worldwide.

Gartner continues to forecast that material extrusion will have a shipment CAGR of more than 100 percent from 2014 through 2019.

Yet while material extrusion accounts for vast majority of the 3D printer market shipments, it accounts for less than half of the market’s revenue.

Technologies that 3D printer manufacturers, research labs and universities are working on today and may become commercially available during the forecast period are not included in the forecast.

We expect they will have a major impact after 2019, perhaps sooner, but too little is known to quantify the impact. The uncertainty about their actual speed, quality, material range and pricing means we did not include potential sales by the likes of Carbon3D and HP in the forecast.

The 3D printer market is a classic example of the Gartner Hype Cycle - many years of low growth, sudden general media interest in the technology, tremendous hype about what the technology can and will do, then disillusionment as reality sets in, followed by viable use cases and global adoption.

The Gartner forecast of the 3D printer market worldwide is based on our assessment of the market’s supply drivers, competitive environment, printer cost, features and functions, government funding and initiatives, evolving business models, intellectual property issues, demand drivers, macro drivers and vertical industry demand.

Our market forecast triangulates information from 3D printer technology providers, desk research, and other primary and secondary resources.

Our sizing of the 2014 market drew on interviews with 3D printer providers, published company financial reports and publicly available market analyst reports.

By Pete Basiliere - Research Analyst, Gartner


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Gartner3d printing

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments