3D Printer Market to Grow Rapidly Through 2015: Gartner
Gartner predicts that 3D printing will have a high impact on industries, including consumer products, industrial and manufacturing.Rapid quality and performance innovations across all 3D printing technologies will drive enterprise and consumer demand as worldwide shipments of 3D printers priced less than $100,000 will grow 49 percent in 2013 to reach a total of 56,507 units, according to a report from IT research firm Gartner. The company’s first forecast of the less-than-$100,000 consumer and enterprise 3D printer market projected shipments would increase further in 2014, growing 75 percent to 98,065 units, followed by a near doubling of unit shipments in 2015. Gartner predicts that 3D printing will have a high impact on industries, including consumer products, industrial and manufacturing, a smaller impact on construction, education, energy, government, medical products, military, retail, telecommunications, transportation and utilities and a low impact on banking and financial services and insurance. "The 3D printer market has reached its inflection point," Pete Basiliere, research director at Gartner, said in a statement. "While still a nascent market, with hype outpacing the technical realities, the speed of development and rise in buyer interest are pressing hardware, software and service providers to offer easier-to-use tools and materials that produce consistently high-quality results."
In 2013, combined user spending on 3D printers is expected to reach $412 million, up 43 percent from spending of $288 million in 2012. Enterprise spending will total more than $325 million in 2013, while the consumer segment will reach nearly $87 million. In 2014, spending will increase 62 percent, reaching $669 million, with enterprise spending of $536 million and consumer spending of $133 million.