News / Business
Photizo Group Forecast Reveals Billion Dollar Market Opportunity In Personal 3D Printing
The market for desktop, consumer, and personal 3D printing is set to generate $5.1 billion in cumulative, worldwide revenue through 2018, according to the latest market sizing and forecast report in 3D printing from Photizo Group. With large growth and significant shifts in market dynamics, the report and forecast guide industry professionals through business developments to growing and emerging profit opportunities.
The “2014 Consumer and Desktop 3D Printing Market Size, Share, and Forecast,” conducted by Scott Dunham, Photizo Group 3D Printing Research Manager, uses a research methodology that draws from insights gathered from primary research on 3D printing from hundreds of current and future users, as well as more than 1,300 secondary data reference points, making it one of the most extensive and provable forecasting methodologies for the ever changing personal 3D printing market.
The forecast and report show record shipments of personal, low-cost 3D printers. The 116,000 printers shipped, more than the previous four years combined, shows strong growth in 2013, which is projected to continue with a $1.79 billion opportunity expected by 2018. Scott Dunham states, “The expansion of personal and desktop 3D printing shows the potential to achieve $5.1 billion in cumulative revenue through 2018 from printer and consumable sales.”
Photizo Group’s “2014 Consumer and Desktop 3D Printing Market Size, Share, and Forecast” package goes beyond quantifying market size and growth and includes the entire global and regional data set, a written report for high-level strategic activities and insights, and briefing time with lead analysts for strategic discussions. Data is segmented by technology, region, and consumables versus hardware revenue and includes shipment data for printers of plastic extrusion, photopolymerization, and future technologies. Also included is shipment data for plastic filament and resin print materials, for materials companies interested in the market opportunity for desktop 3D printing.
Examples of the insights gained in Photizo Group’s newest 3D printing forecast and report include analysis and statistics showing an expanding opportunity for newcomers to the market and the emergence of new technologies in the low-cost segment such as binder jetting that are expected to gain substantial traction, creating new revenue opportunities. With the report’s in-depth view of 3D printing market, shipment, and innovation trends, end users are able to navigate a shifting industry with confidence and success.
About Photizo Group
A leading global business transformation firm, Photizo Group guides clients facing disruptive change with strategies to transform and thrive through this change by using innovative and practical market intelligence, as well as consulting and education services. As a trusted advisor, Photizo provides clients with the visionary guidance they need to make successful business transformation a reality.
To learn more about Photizo Group, visit Photizogroup.com
