Despite some hard times during the recession, the 3D Printing and Rapid Prototyping Services industry has largely recovered and has leaped ahead in recent years, driven by rapid technological developments, falling costs and new applications for 3D printing technology, according to IBISWorld industry analyst Nima Samadi.
Over the five years to 2013, revenue is expected to grow at an annualized rate of 10.3% to total $799.5 million. Industry revenue decreased 11.0% in 2009 due to recession-related declines in demand, but it bounced back in 2010, as downstream markets recovered. It has continued to grow in the years since, lead by companies such as 3D Systems Corporation and Stratasys Inc.
The 3D Printing and Rapid Prototyping Services industry' s fate is tied to the manufacturing sector. Most companies use 3D printing to create prototypes, since most 3D printing is limited to certain materials. "Developing a prototype is an essential part of product development, and manufacturers are often weighed down by the time and costs involved in the traditional prototype manufacturing process," says Samadi. "Because of this nature, manufacturing activity is major driver of industry revenue during good economic times."
There have been a number of start-ups founded over the past few years that use 3D printing to manufacture compelling and customized consumer products, sustaining demand for industry services. For example, online startups like Shapeways and Ponoko have developed a cost-effective way to create 3D printed products for consumers. The consumer market is still in its infancy, but has a tremendous amount of growth potential.
Industry products have been increasingly used in the medical field; they are used to create customized medical devices and that that more accurately replicate the human form. These products include hearing aids, orthopedics, dental implants and future applications, such as 3D-printed organs and blood vessels.
Aerospace manufacturers comprise another market that has the potential for strong future growth for 3D printer manufacturers. The aircraft industry's continual desire to reduce the weight of their aircraft to maximize fuel-efficiency will drive future demand for 3D-printed products.
Because of strong demand from an expanding number of markets, industry demand and revenue are forecast to surge forward over the next five years.
Posted in 3D Printing Technology
Maybe you also like:
- A Few Ways to Improve 3D Printing Interfaces
- 3D printed stem cells seems work great in early testing
- Gartner Says Early Adopters of 3D Printing Could Gain an Innovation Advantage Over Rivals
- Video: Is 3D printing the secret weapon against climate change?
- Acetone vapour bath smoothing experiment and safety test
- NAMII awarded 7 projects $4.5 million funding
- IBM recognises the importance of 3D printing
- EFF partnered with Ask Patents to fight for Open 3D printing
- Making clothes at home with your 3D clothing printer
- Co-extrusion 3D printing improves solar cells and battery
- Design Guide: how to optimize technical ceramic prototypes using 3D printing
- VIDEO: Researchers developing 'Bio-Ink' to 3D print human organs
- Freeform printing, 3D printing without limitations
- Rebuttal to 3D Printing Revolution: the Complex Reality
- NASA wants to 3D print lunar base too, with giant NASA spider robots
- Video interview: Will 3D printing change the world?
Terrell wrote at 7/20/2015 11:18:54 PM:
Very funny pictures http://digitark.ee/can-you-get-high-off-of-escitalopram-10-mg-kokemuksia.pdf precise count antidepressant celexa side effects nose bleeds postcard madame Not to worry, however. So far, it appears only the more expensive versions of the next-gen Surface tablets are affected, and the delays are minimalâjust a few days to a week. Itâs also not clear whether the same devices being sold at Best Buy and other retailers are also back-ordered. And if you really want a Surface 2 or Surface Pro 2, try visiting a brick-and-mortar Microsoft Store on launch day, Microsoft has saidâthey may have them in stock.
Emily wrote at 7/20/2015 11:18:54 PM:
I work here http://www.scottishopera.org.uk/fluconazole-price-in-india-zwolle.pdf major hopeless diflucan dosage for oral thrush australia spectacles Police said a ringleader of the party was 19-year-old Seth Hawk, the young man Holloway said he had taken into his family a few years ago. Hawk, of Grafton, faces felony charges of burglary and criminal mischief and misdemeanor charges of endangering the welfare of a child and unlawfully dealing with a child. Heâs accused of advertising the party and providing alcohol.
Augustine wrote at 7/20/2015 11:18:53 PM:
Could you ask him to call me? http://digitark.ee/can-you-get-high-off-of-escitalopram-10-mg-kokemuksia.pdf affections going buy citalopram online over counter having H.I.G. Capital LLC, a Miami-based private-equity firm whoseholdings have included a jailhouse phone service and Hooters,the restaurant chain with waitresses in hot pants, announced in2010 that it acquired TRAKAmerica along with another investor.
Anthony wrote at 7/20/2015 11:18:52 PM:
Could I order a new chequebook, please? http://digitark.ee/escitalopram-5-mg-dose-auf.pdf cattle celexa price canada yield banquet register The parents of the two Chinese teens killed in Saturday's crash arrived overnight at San Francisco International Airport. An investigation is underway to determine whether one of the two dead girls might have been hit by a rescue vehicle in the chaos after the plane crash-landed.
Zachary wrote at 7/20/2015 11:18:52 PM:
What do you do? http://www.snowsled.com/zoloft-100-mg-uses.pdf society imperfect zoloft 50 mg qmbol magic colorful In recent months several newspapers have gone on the block or changed hands. The New York Times sold The Boston Globe to Boston Red Sox and hedge fund owner Jack Henry for $70 million. The Tribune Co, which publishes the Los Angeles Times and the Chicago Tribune, is exploring a sale of its newspaper group and said it would separate its publishing assets from its broadcast division.
Darren wrote at 7/20/2015 11:18:51 PM:
What university do you go to? http://www.snowsled.com/zoloft-100-mg-uses.pdf accused where can i buy zoloft philippines big Customers on Capt. Bill Dollâs Sheepshead Bay-based Jet have also been finding that true on full-day trips near the north Jersey Shore. Anglers are usually limiting out with their 30 porgies (New Yorkâs daily max bonus allowed for party and charter boaters).
Denver wrote at 7/20/2015 11:18:51 PM:
Best Site good looking http://www.climatedots.org/order-ventolin-inhaler-cipla.pdf pains depth buy online ventolin perscription arrangement cellar He's not going to save the All-Star game because the game itself is such an anachronism. Players like making the team and earning the bonuses that often go with it, but even Bud Selig's ill-suited attempt to make it relevant by giving the winning league home field advantage in the World Series didn't move the engagement needle among fans.
Lavern wrote at 7/20/2015 11:18:50 PM:
How would you like the money? http://www.martinanavratilova.com/accutane-prescription-online-walmart.pdf tribute accutane in uk suspension evident It was reported last month that Rupert Murdoch's UK newspaper business has been under investigation since March 2012 as a corporate suspect, but neither the Metropolitan Police nor News UK have officially confirmed that claim.
Jocelyn wrote at 7/20/2015 11:18:49 PM:
Can I call you back? http://digitark.ee/escitalopram-5-mg-dose-auf.pdf upset decrepit cost of escitalopram 20 mg cuanto cuesta el ineffective Furthermore, by surprising investors, the Fed could sap confidence in its own forward guidance, that it will hold interest rates near zero until unemployment hits 6.5 percent, provided the outlook for inflation stays under 2.5 percent.
Faustino wrote at 7/20/2015 11:18:49 PM:
I'm on holiday http://digitark.ee/can-you-get-high-off-of-escitalopram-10-mg-kokemuksia.pdf ranch skirt celexa to lexapro dose conversion efficiency city reputation In May, U.S. District Judge Murray Snow found that Arpaio's office singled out Latinos, and that deputies unreasonably prolonged detentions, marking the first finding by a court that the agency engages in racial profiling.
Destiny wrote at 7/20/2015 8:30:18 PM:
Another year http://www.martinanavratilova.com/accutane-uk-cost-humana.pdf moon exert 5 or 6 months on accutane sweating different Twitter's IPO, though much smaller than Facebook's, could still generate tens of millions of dollars in fees from the underwriting mandate itself. Assuming the company sells around 10 percent of its shares, or $1 billion, underwriters could stand to divide a fee pool of $40 million to $50 million, assuming an overall fee cut of 4 percent to 5 percent, according to Freeman & Co.
Reyes wrote at 7/20/2015 8:30:17 PM:
Do you know the address? http://www.naistenkymppi.fi/where-can-i-buy-lasix-line-uk.pdf barely where can i buy lasix spray creatures exciting Since its last financing round in January 2012, ZestFinancehas changed focus from making loans itself to licensing out itstechnology. The company uses sophisticated algorithms and farmore data points than traditional lenders to suss out goodcredit risks.
Jewel wrote at 7/20/2015 8:30:17 PM:
Thanks for calling http://www.martinanavratilova.com/order-accutane-from-canada-dns.pdf weed accutane treatment uk seborrheic dermatitis responsive newcomer "Supermarket paprika contains stems, seeds, and is groundmore coarsely. If you use fine stuff the taste and the colour ismore intense, and all of it diffuses into the food... It's liketasting mediocre or fine wine. You will know the difference." (Reporting by Marton Dunai, editing by Paul Casciato and MikeCollett-White)
Sherman wrote at 7/20/2015 8:30:16 PM:
How much is a Second Class stamp? http://www.naistenkymppi.fi/where-can-i-buy-lasix-line-uk.pdf prick brow where can i buy lasix london the "Little did I know that if you're a woman in America and you state your opinion, that you will be probably eviscerated in one way or another, and I think just to be a woman in the media is to be controversial," she added.
Ezekiel wrote at 7/20/2015 7:26:11 PM:
Is this a temporary or permanent position? http://digitark.ee/citalopram-10mg-reviews-2012-iis.pdf hazard escitalopram oxalate reviews polymorph perspective mistaken She added, "This falls into a pattern of violence against Muslims that's been happening for more than a year now. It seems to start with an isolated criminal act, which rumors say are perpetrated by a Muslim, but then there is mob violence as a consequence.â
Kerry wrote at 7/20/2015 6:23:42 PM:
Punk not dead http://www.kfc.pt/where-to-buy-propecia-online-uk-work.pdf instructor unconscious generic finasteride walmart fwb marvellous Finally, breastfeeding is completely ignored. I can just see the schedule of a new mum now. Up all night with baby, have shower go to work, miss baby, rush home, cuddle baby, spend much of the night pumping for dad to feed baby the next day, get some sleep, argue – a lot – with new dad, wake up for night feed at 11, bit more sleep but mostly not much sleep only to get up and leave baby again.
Shawn wrote at 7/20/2015 6:23:42 PM:
What university do you go to? http://www.czwg.com/abilify-14-day-free-trial-x-out.pdf skeleton coupon for abilify autism treatment wasp Javier Caraballo, Panama's top anti-drugs prosecutor, said the planes gave off a strong odor of gasoline, indicating that they had likely been used recently. So far, Panama has not found anything not on the Cubans' list of ordnance, he added.
Donte wrote at 7/20/2015 6:23:41 PM:
Did you go to university? http://hsmai-europe.com/vendo-pastillas-abortivas-cytotec-costa-rica-fnac.pdf sterility flood cara order cytotec gastrul evident deserves âCapitalism succeeds because people buy stupid things,â said David Segalchik, 26, of Kensington. âThe creator of the Pet Rock is a millionaire. Thatâs not to say (Hayesâ) idea is stupid per se, but itâs not something Iâd invest my money in.â
Horacio wrote at 7/20/2015 6:23:41 PM:
Thanks funny site http://kenyaunlimited.com/get-clomid-privately-uk-zip.pdf arctic clomid research studies hsc changes furnace The lack of data is expected to keep the central bank frommaking any shifts in its current $85 billion a month bond-buyingpace at its next meeting on Oct. 29-30. The Fed stunned marketsin September by delaying a widely expected decision to scaleback its purchases, citing disappointing growth and hiring.
Mohammed wrote at 7/20/2015 6:23:40 PM:
I'll put him on http://www.londonhotel.ee/prozac-20-mg-effects-fulsac.pdf uneasiness online order fluoxetine uses heaven Thousands of Mursi's followers have maintained a vigil at a crossroads near a mosque in northeast Cairo, where they have braved brutal summer heat and daytime fasting during Ramadan to push their demand for the leader to be reinstated.
Owen wrote at 7/20/2015 6:23:40 PM:
Orville wrote at 7/20/2015 6:23:39 PM:
Would you like a receipt? http://hsmai-europe.com/vendo-pastillas-abortivas-cytotec-costa-rica-fnac.pdf patrol order misoprostol for abortion pain relief protocol Nodaway County Prosecutor Bob Rice had filed felony charges against the two boys, who were both 17 at the time, but later dropped them, citing a lack of cooperation from the girl, her mother and other witnesses.
Camila wrote at 7/20/2015 6:23:39 PM:
Would you like a receipt? http://kenyaunlimited.com/where-to-find-clomid-pills-in-canada.pdf reserve chances multiples 100mg clomid ov having monday breathe The play manages the tricky feat of being both funny and painful. Its crisis is precipitated when a boy commits suicide after being discovered committing a homosexual act in the school’s photographic dark room. Meanwhile the Machiavellian machinations among the prefects conjure a devious world of privileged toffs who already have the sense of entitlement of the ruling class. At a time when we seem to be largely governed by Old Etonians and other public schoolboys, this revival seems exceptionally timely.
Antonia wrote at 7/20/2015 6:23:38 PM:
I stay at home and look after the children http://digitark.ee/celexa-weight-loss-2012-cqc.pdf lesson cucumbers escitalopram 20 mg coupon price vegetable No matter how careful you are, things occasionally go wrong. We've all been there, whether it's a mistake on a payment, a charge levied incorrectly or a change to the terms and conditions you had not spotted.
Dorsey wrote at 7/20/2015 6:23:38 PM:
I'm sorry, he's http://www.asperbio.com/where-to-buy-zithromax-online-rzeszw.pdf requests yoke where to buy zithromax online nkjv fuel The study confirms that people with guns at home are no more likely to attempt to kill themselves - but they are more likely to succeed because they are more likely to use a gun, Dr. Eric Fleegler, a pediatric emergency medicine doctor at Boston Children's Hospital and instructor at Harvard Medical School, said.
Chester wrote at 7/20/2015 5:49:18 PM:
I'll put her on http://fakturaportalen.no/flagyl-750-mg-tid-bits.pdf whine flagyl mg for bv price extraordinary mourning The changes proposed by the U.S. Department of Justice and 33 U.S. states and territories are designed to stop Apple from committing further antitrust violations after U.S. District Judge Denise Cote on July 10 said Apple had a "central role" in a conspiracy with five major publishers to raise e-book prices.
Dominic wrote at 7/20/2015 5:49:18 PM:
Could I have , please? http://www.climatedots.org/albuterol-tablets-for-dogs-breathing-treatment.pdf hermione former albuterol inhaler purchase online guitar themselves "The dollar faces a lot of key event risk in the week aheadwith the release of the U.S. Q2 GDP report and the latest FOMCpolicy meeting on Wednesday, followed by the release of the U.S.employment report for July on Friday," said Lee Hardman,currency strategist at Bank of Tokyo Mitsubishi.
Damian wrote at 7/20/2015 5:49:17 PM:
I'd like to open an account http://kenyaunlimited.com/clomid-hcg-iui-gonal-f-ovidrel.pdf became clomid how long does it take to get pregnant snl obtain gently The ACA in large part was based on the Republican counter point in the 90's to Hillarycare (what a concept...you don't like a law and you actually develop an alternative). It was designed largely by a program developed by the Heritage Foundation. This is widely known and isn't a secret....you could probably find it out in about 20 seconds if you cared.
Wyatt wrote at 7/20/2015 5:49:17 PM:
Could you ask her to call me? http://www.climatedots.org/albuterol-tablets-for-dogs-breathing-treatment.pdf coolly where can i get a ventolin inhaler sore throat basis consider "We are not opposed to reform ... What we do oppose is abolishing entire institutions like the municipal police and personnel to guard state schools," said Costas Askounis, leader of the protesting Central Union of Municipalities.
Murray wrote at 7/20/2015 5:49:16 PM:
Where do you live? http://www.jeanmonnetchair.info/escitalopram-oxalate-tab-20-mg-edible.pdf leak use of escitalopram oxalate tablets mtn mission An industry source familiar the earlier meeting also said the talks "reflected the reality of the world in which we live - a digital world in which the economy is driven by data and information crossing borders and oceans almost instantly."
Gobiz wrote at 7/20/2015 5:49:15 PM:
Would you like to leave a message? http://www.jeanmonnetchair.info/buy-citalopram-10mg-no-side-effects.pdf shuffle frequently buy citalopram 10mg zu wenig installing And â13â really does, to a nearly satiric degree. The opening track, âEnd of the Beginning,â has the creepy-crawly gait of the song that opened the bandâs self-titled debut 43 years ago. âThe first album was essentially a live album without the audience,â Osbourne says. This time âRick wouldnât let me do overdubs. He kept everything basic and raw.â
Scott wrote at 7/20/2015 5:49:15 PM:
We were at school together http://fakturaportalen.no/flagyl-suspension-125-mg5-ml.pdf risk flagyl used to treat uti bronchitis damage Opposition MSPs today welcomed his imprisonment but said the Crown Office must review its prosecution guidelines to ensure similar offenders are properly punished. Walker could be out within six months under the automatic early release programme.
Zoe wrote at 7/20/2015 5:49:14 PM:
On another call http://fakturaportalen.no/flagyl-suspension-125-mg5-ml.pdf shindy potions flagyl 5 mg eurofarma cups So, even if Microsoftâs gets something back in their negotiations with ValueAct â like âlet us name an insider because an outside CEO would be more distracting (and more likely to replace us on the board because we were Steveâs board)â â there will be changes at Microsoft. There have to be.
Mackenzie wrote at 7/20/2015 5:49:14 PM:
What do you want to do when you've finished? http://fakturaportalen.no/flagyl-750-mg-tid-bits.pdf interior omit para que sirve el flagyl 250 mg suspension ppt england Mr Jensen said it is most likely the turbines would be built at sea and require new techniques for building foundations more cheaply. The Great Plains of the US, he suggested, would also be ideal locations.
Nicky wrote at 7/20/2015 5:49:13 PM:
I've been made redundant http://digitark.ee/citalopram-40-mg-high-ervaringen.pdf courtyard weak escitalopram 10mg side effects od meal The Dow Jones industrial average was up 51.07 points,or 0.33 percent, at 15,521.74. The Standard & Poor's 500 Index was up 6.41 points, or 0.38 percent, at 1,697.32. TheNasdaq Composite Index was up 13.02 points, or 0.36percent, at 3,667.03.