The OEMs driving 3D printing revenue growth
April 12, 2018
Data amassed by CONTEXT reveals that there are 4 companies fueling 3D printing revenue growth in the industrial/professional sector.
HP, GE Additive, SLM Solutions and EOS have witnessed “double-digit year-on-year growth of revenue from 3D printer shipments” in Q4 2017, “leading the way in a period that saw 40 percent revenue growth” in the industrial/professional sector.
Stratasys retained its position as leader in overall revenue share. Along with HP, which began its foray into the world of 3D printing during the last couple of years, the company specialises in polymer printing.
When it comes to metal printing, GE Additive is in pole position when it comes to market share, “thanks to a phenomenal second half of the year.” Similarly, EOS and SLM Solutions are also going strong when it comes to metal-machine revenues.
Throughout the year, both Stratasys and 3D Systems experienced a slight drop in revenue, in comparison to HP and GE Additive, which both witnessed growth, “helping the full Industrial/Professional segment achieve a 23 percent year-on-year growth in printer revenues.”
Unit shipments also rose for the first time in three years, with 11,453 printers shipped during 2017, a rise of 5 percent from 2016.
Meanwhile, XYZPrinting reported 1 percent growth in the Personal/Desktop sector, muscling out Monoprice “to take back top position globally”, while Prusa Research, which “particularly excels in kits shipment sales”, contributed 10 percent of the 2017 global unit share.
Categories : Around the Industry
Tags : 3D printing Context HP Industrial Market Research OEM Stratasys
