Global Desktop 3d Printer Trends_Domestic PEEK Desktop 3d Printers and Medical Applications
The quarterly data provided by Context, a 3D printing industry research organization, shows that the desktop-class 3D printer market experienced accelerated growth in 2018, with sales up 52% year-on-year. The sales of desktop-class 3D printers in 2017 were close to 500,000 units. This is a considerable shift compared to 35% in 2017 and 38% in 2016
Desktop 3D printer global sales data
According to the analysis, this accelerated growth includes three main factors.
First, new players offering premium 3D printers for less than $500 have entered the market. For example, Monoprice series 3D printers, XYZ 3D and M3D have big players with strong market share.
Second, the overall quality of desktop-level 3D printers has improved. This quality improvement has brought a new generation of customers looking for plug-and-play 3D printers. In comparison, the performance of 3D printers in 2017 is the same or better than the 3D printers in 2013, but the price is 10 times lower.
Third, high quality content is becoming more and more accessible due to the significant growth of leading platforms such as Thingiverse and MyMiniFactory.com. The ease of operating 3D printers and the availability of high-quality 3D printed content support the needs of people outside of early adopters.
Context indicates that the 3D printer is entering every classroom. For universities that teach, design, or engineer mechanical courses, you should pay attention if you have not used 3D printers in 2018.
It is conservatively estimated that the annual sales of the machine will exceed 1 million units by 2020.
From the end of 2014 to 2017, in just three years, sales of desktop-grade 3D printers have nearly tripled, with a compound annual growth rate of 42%. Context analysis shows that this level of growth will continue in the next decade.
Context expects that the price of 3D printers will be further reduced, the quality of 3D printing will be significantly improved, the machine will be further improved (faster, easier to use) and the price of the required materials will drop significantly. In addition, Context also noted that early manufacturers (2009-2012) were replacing their machines with faster and cheaper 3D printers.
A conservative estimate (25% year-on-year growth rate of 2018-2020), the continued growth of 3D printer sales will lead to sales of 1 million units in 2020. In more optimistic circumstances, it is expected that more than 1.5 million 3D printers will be sold by 2020.
100 million machines sold in 2030 are expected to be realisticAfter three years of strong growth (2015-2017), it is expected that a large number of 3D printing technologies will be available by 2030. If we assume that the compound annual growth rate will remain at the level of 2015-2017 (42%), then by 2030, the annual sales of desktop 3D printers worldwide will reach more than 50 million units. The compound annual growth rate (50%) is slightly higher, and the annual sales volume will reach 100 million units.
The consequences of such large-scale applications are certainly difficult to understand at present, just as it is difficult for people to understand how the Internet will change our lives. Having said that, Context believes that some important markets will be affected. We naturally predict the digital distribution of toys and spare parts. As more machines print faster, the demand for 3D printed content will skyrocket. 3D design software for creating, editing, and customizing digital assets will be a natural tool for any creator.