XYZprinting Aims To Grow The Consumer 3D Printing Market With New Products

XYZPrinting

The da Vinci Color AiO

3D printer manufacturer XYZprinting is announcing three new major 3D printing products at CES 2018, with products aimed at schools, consumers, and small businesses. The end goal, CEO Simon Shen said in a statement, is to “provide casual users and small business owners the tools and confidence to try their hand at this technology and incorporate it into their everyday lives.”

One product being showcased are the da Vinci Color AiO, a full-color desktop 3D printer that incorporates 3D scanning within the machine. According to the company, the machine combines inkjet and 3D printing together to allow for creating “true depth of color” and industrial-grade performance. This product is aimed at small businesses and schools – prototyping for the former, and education for the latter. The printer is priced at $3800.

The second product is the da Vinci Nano – a compact 3D printer aimed at the home and school market. With that in mind, the printer has a number of safety features as well as a plant-based filament that doesn’t pose any safety risks. Additionally, the company has created a K-12 curriculum for the printer that it’s offering to schools. This product goes hand in hand the third product, the da Vinci 3D Pen Cool – a standalone 3D-printing pen that can be used to introduce the concept of 3D printing to kids and interested hobbyists for less than $50.

XYZPrinting

The da Vinci Nano

Despite a lot of hype earlier in this decade, the consumer 3D-printing market is still a “small sliver” of the total market, says industry analyst Terry Wohlers of Wohlers Associates. Although manufacturers, especially in the aerospace and automotive industries, have increasingly used 3D printing, their use hasn’t taken off at home. So why would a company focus efforts on low-cost desktop printing?

“My guess is that the company is continuing its presence in the low-cost area for 1) companies wanting inexpensive desktop modeling capabilities, and 2) educational institutions,” said Wohlers. “These two market segments are the largest for the low-cost systems.”

Those are definitely two big segments the company is focusing on, according to Frank Peng, a marketing manager at XYZprinting. But the company’s strategy is also looking forward to possible growth in the consumer market – largely by the company using entry-level and education focused systems to get more people interested in 3D printing.

“We do think that the consumer market will take time to develop,” Peng said. “To help with that we also target the education market and work with schools to develop the next generation’s interest in 3D-printing. We hope that working with consumers and educations will work hand-in-hand together so 3D printing becomes more common.

“We see a lot of potential in the consumer market,” he continued.

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Metal Material Based 3D Printing Market Analysis & Trends – Industry Forecast 2017 to 2022

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Global Metal Material Based 3D Printing (K Units) and Revenue (Million USD) Market Split by Product Type

Market Segment by Type 2016 2017 2018 2019 2020 2021 2022
Titanium xx xx xx xx xx xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Nickel xx xx xx xx xx xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Aluminum xx xx xx xx xx xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Other xx xx xx xx xx xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Total xx xx xx xx xx xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%

 

Global Metal Material Based 3D Printing (K Units) by Application (2016-2022)

Market Segment by Application 2012 2016 2022 Market Share (%)2022 CGAR (%)

(2016-2022)

Aerospace and Defense xx xx xx xx% xx%
Tool and Mold Making xx xx xx xx% xx%
Automotive xx xx xx xx% xx%
Healthcare xx xx xx xx% xx%
Academic Institutions xx xx xx xx% xx%
Other xx xx xx xx% xx%
Total xx xx xx 100% xx%

 

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Market Segment by Regions 2012 2016 2022 Share (%) CAGR (2016-2022)
North America xx xx xx xx% xx%
Europe xx xx xx xx% xx %
China xx xx xx xx% xx%
Japan xx xx xx xx% xx %
Southeast Asia xx xx xx xx% xx%
India xx xx xx xx% xx%
Total xx xx xx xx% xx%

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Global 3D printer market on a growth spiral

17 July 2017

 

3d

The global 3D printer market continues to grow with sales up 18 per cent in 2016.

Demand for 3D printers is strongest within the Asia-Pacific region. However, the North American market, despite a small recovery, still saw sales down from the previous 12-month period, according to research firm IDC.

Shipments in specialist manufacturing for the technology sector saw the largest growth at 30 per cent. Meanwhile, sales of powder-bed fusion-based printers increased by almost 40 per cent.

Keith Kmetz, program vice president-3D printing at IDC, said:“3D printing will enable revolutionary opportunities in commercial and industrial applications, with earliest success in manufacturing and healthcare. Our predictions create a framework for IT and line-of-business executives to plan and execute technology-related initiatives in the year ahead.”

According to IDC, ‘Discrete Manufacturing’ is the dominant industry for 3D printing, delivering more than two thirds of all worldwide revenues through much of the forecast.

While all the industries examined will experience revenue growth of more than 100 per cent over the forecast period, healthcare will leap from the number five position in 2016 to the number two spot in 2020, with revenues growing to more than US$3.1 billion.

IDC said the gains in both software and on-demand parts printing are being driven by the rapidly expanding use of 3D printing for design prototyping and products that require a high degree of customisation in non-traditional environments.

Another report on the 3D printing market by Markets and Markets predicts that the sector will be worth around US$30 billion by 2022.

The desktop 3D market is expected to see the highest growth rate with the education sector driving growth.
Laser metal deposition (LMD) printing technology will also continue to grow, resulting in a reduction of material waste during the printing process, tooling costs and cost of repairs.