It is important to analyze the level of the R&D occurring at the leading 3D printer manufacturers to help understand the technology commitment and future growth prospects of the 3D printing industry.
A table providing the last three years per capita R&D for six companies’ public reporting purposes is presented below:
- This is an industry with large commitment to R&D with three-year average year spend of $309 million for all six companies
- The pure 3D printer manufacturers are engineering/design intensive since the average company per capita annual R&D spend is $51,500
- Organovo, the organ printing company, has particularly large per capita numbers and very high year over year R&D growth but to date has a small employee count that only slightly impacts the overall data results.
- Arcam, along with Concept Laser, has recently been acquired by GE Additive. These acquisitions alone will greatly increase commercial R&D applications related to GE’s internal businesses particularly aircraft components and medical equipment and perhaps oil and gas equipment. GE has disclosed they have spent over $1.5 billion in 3D printing related investments.
- This table does not reflect HP Inc’s large investment in 3D printing manufacturing, sales and distribution
This table only reflects the R&D investment of large commercial 3D printer manufacturers. Other 3D printer or R&D investors include:
- Foreign, U.S. Federal and Local Government
- Software Developers
- Material Suppliers
- Designers & End Users
The large ongoing investment in 3D printing R&D is going to enable 3D printing end users to benefit from a continuing stream of new and improved 3D printer products.
Charles R. Goulding and Tricia Genova of R&D Tax Savers discuss R&D spending in 3D printing.
You May Also Like
Polly Polymer’s 3D Printing “Super Factory” Driven by $15.5M Investment
Polly Polymer, a startup in China that develops high-speed stereolithography (SLA) 3D printing equipment, polymers, and software, raised 100 million Chinese Yuan ($15.5 million) in a Series A+ round. The...
New adidas 4DFWD Shoes with 3D Printed Midsoles Available for Purchase
Update: The new 4DFWD shoes from adidas, just worn on the podium by adidas athletes at the Tokyo Olympics, are now available to the public for purchase for $200. adidas has...
LLNL’s 3D Printed Electrodes Could Convert CO2 to Renewable Energy
Scientists and engineers at Lawrence Livermore National Laboratory (LLNL) are now 3D printing flow-through electrodes (FTEs), which are critical components in electrochemical reactors. Electrochemical reactors can convert carbon dioxide into...
Rawlings, Carbon and Fast Radius Use 3D Printing to Revolutionize Baseball Glove Design
Since the 2021 Major League Baseball season began, New York Mets shortstop Francisco Lindor has been seen sporting Rawlings next-generation glove in stylish, eye-catching neon green and black design. Meticulously...
View our broad assortment of in house and third party products.