Top Ten 2017 3D Printer Developments

Share this Article

For the year 2017, the 3D printer industry evidenced solid overall industry growth with a lot of exciting product, software and material developments.

  1. HP Inc.

HP’s first full year as a separate company appeared to be gaining traction and attracting lots of customer interest. The company has been building out sales networks, and important partnership relationships. On November 1, 2017 HP completed the purchase of Samsung’s printing business along with 6,500 patents.

  1. Desktop Metal

During 2017, Desktop Metal was the talk of the industry. With major fundraising, exciting technology and future year production product releases the future will tell whether this is truly disruptive technology and business success is achievable.

  1. GE

GE is confronting major business challenges. After investing about $1.5 billion in 3D printing, negative overall business results are resulting in a management shakeup and a projected $20 billion in planned business divestitures. At this juncture the keeper businesses are aerospace, health care and power. All of these businesses have 3D printing opportunities and the company is shifting to a local business R&D model where applied R&D aimed at customer needs should take precedence.

  1. Stratasys & 3D Systems

Stratasys and 3D Systems, the original large scale publicly traded pure play 3D printing companies, continue to bump along with remarkably flat sales growth in 2017 as presented below.

Based on the philosophy that over a time a business must grow or go, one would expect to see some type of meaningful change occurring in at least one of these companies in 2018.

  1. Seiko Epson Corporation

Seiko Epson has announced a new focus, adding 3D printing to its long established 2D printing business.  Although some level of 3D printing product development has been in process for 5 years this is a major business shift where the results are all prospective.

  1. Crowd Source Funding 

3D printing remains one of the most popular categories for business startups and product funding by Kickstarter and other crowd source funding platforms.

  1. Startup Cash Refunds and Permanent R&D Tax Credits

During 2017, 3D printing startups and product designers received their first $250,000 in federal cash rebates. Throughout 2017, many more 3D printer users including machine shops and design firms received their first R&D tax credit now that the credits can be used to offset alternative minimum taxes (AMT).

  1. Aerospace Industry

The aerospace sector continues to be an industry leader for a variety of 3D printing industry products including engine parts and a wide variety of components.

  1. Standards

As the 3D printing industry shifts from new product beta development to mass production, the products must pre-qualify and meet regulatory standards. This is particularly relevant for aerospace and medical device products, parts and components.

  1. Changes in Toyland

3D printing of plastic products has been a mainstay for the 3D printing industry with plastic toys being one of the important plastic product verticals. During 2017, Toys”R”Us filed for bankruptcy and Hasbro Inc., the world’s largest toy company, has made an approach to buy Mattel Incorporated. Mattel itself manufactures toys while Hasbro does not.

The toy industry may look substantially different in 2018 and toy designers may need to use 3D printing to go direct via the Internet due to consolidating sales channels.

Conclusion

2017 was an exciting year for the 3D printing industry. As compared to many other industries that eventually consolidated to two or three major players, 3D printing remains a diverse industry. Perhaps in 2018 we may see some industry restructuring.

Discuss this and other 3D printing topics at 3DPrintBoard.com or share your thoughts below.

 


Charles Goulding of R&D Tax Savers discusses developments in 3D printing.

 

 

Facebook Comments

Share this Article


Related Articles

Marshall ADG Using Stratasys FDM 3D Printing to Make Final Flight-Ready Parts

Variability of Additive Manufacturing Processes Part 3



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Barcelona Campus: HP Inc. Opens 3D Printing and Digital Manufacturing Center of Excellence

Anyone out there who still thinks 3D printing is a flash in the pan might want to take a closer look at where numerous industry giants are putting the big...

3D Printing News Briefs: June 8, 2019

In this week’s 3D Printing News Briefs, we’re talking about partnerships, new software and buildings, and a neat 3D printed miniature. Together, Evolve Additive Solutions and Evonik are developing materials...

Interview with Juan Carlos Miralles: 3D Printing in Latin America has Taken Longer than Expected

It is quite common for emerging Latin American countries to follow global technology trends, but 3D printing hasn’t gained enough force to even begin to disrupt some of the main...

RAPID 2019: Metal 3D Printing Interview with Desktop Metal

At the recent RAPID + TCT event, held in Detroit, the 3DPrint.com team saw many new products and innovations and spoke with many companies about what they were currently working...


Training


Shop

View our broad assortment of in house and third party products.


Print Services

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our 3DPrint.com.

You have Successfully Subscribed!