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 eight companies’ public reporting purposes is presented below:
- This is an industry with a large commitment to R&D with three-year average year spend of $138 million for all eight companies
- The pure 3D printer manufacturers are engineering/design intensive since the average company per capita annual R&D spend is $45,149
- 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 only reflects the R&D investment of large commercial 3D printer manufacturers. Other 3D printer or R&D investors include:
- Foreign, US Federal and Local Government
- Software Developers
- Material Suppliers
- Designers & End Users
- Numerous privately held 3D printer manufacturers, many of which have large R&D budgets, including Desktop Metal, Markforged, and Carbon.
Other major commercial companies with 3D printing R&D expenses include Canon and Epson but we are unable to separate their 3D printer R&D from with 2D printer R&D. 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.
Discuss this and other 3D printing topics at 3DPrintBoard.com or share your thoughts below.
Charles Goulding & Tricia Genova of R&D Tax Savers discuss 3D printing R&D.
You May Also Like
3D Printing Webinar and Virtual Event Roundup: February 21, 2021
This coming week is chock full of webinars, with three a day for three days running. So without further ado, let’s dive right in! TriMech on Sweeps and Threads in...
The Future of Bound Metal 3D Printing for ExOne
Bound metal 3D printing is becoming one of the most productive metal additive manufacturing (AM) technologies for creating high-performance parts on-site. One of the few firms pioneering this emerging technology...
AMS 2021: The Gaps in Automating 3D Printing for Production
As exciting as all of the verticals discussed at the online Additive Manufacturing Strategies summit were, automation is a personal favorite as it addresses the gaps between 3D printing and...
ExOne (XONE) Releases Office-Friendly Bound Metal 3D Printer
The competition in Binder Jet is heating up. Just a week ago, Desktop Metal (NYSE: DM) announced the two-step bound metal Studio 2 System. By eliminating one step of the...
View our broad assortment of in house and third party products.