Market report Total 3D printer shipments grew 4% worldwide, with overall market revenue up 9%
33,000 3D printers were shipped worldwide in the third quarter of 2014, representing quarter-on-quarter growth of 4%, analyst company Canalys announced. Revenue from printers, materials and services grew 9% on the back of strengthening global demand. Assisted by continued investment, Americas revenue grew 16% to account for 44% of the global total. Increased interest in the technology from key markets, such as Germany and the UK, helped EMEA grow by 8% in revenue terms since the previous quarter.
In terms of printer shipments, the consumer sector experienced large sequential growth for yet another quarter, up 16% worldwide. "These results are extremely encouraging for the future of the 3D printing industry," said Canalys Research Analyst Joe Kempton. "Most of the major 3D printing companies had positive growth rates and will be looking to reinvest their profits to fuel further growth."
The consumer market is growing fastest, as 3D printer prices have continued to fall and the technology has rapidly improved. Canalys estimates that 73% of 3D printers shipped in Q3 2014 were priced, pre-tax, at under US$10,000. "The rise in cheaper, consumer-oriented products is further proof that the consumer side of the industry has serious potential, and we expect similar growth rates in the future," continued Kempton. "Shipments of Stratasys’ consumer-oriented Makerbot printers have increased dramatically on the same period a year ago. This has had a huge impact on the market, and Stratasys is starting to establish itself as the leading consumer 3D printer vendor. Strong sales have helped push the company into a global market leadership position, with 24% of total market revenue, and with its impressive growth rates, we will only see MakerBot continue to consolidate its position as a consumer market leader."