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
Origin to Begin Shipping New Industrial 3D Printer, the Origin One
Today Origin will begin shipping their new Origin One, an industrial 3D printer which the San Francisco-headquartered company claims is already in high demand internationally. In fact, the developer of...
Interview with Scott Sevcik, VP Aerospace Stratasys, on 3D Printing for Aviation and Space
Out of all the possible industries that are deploying more 3D printers, aerospace is probably the most exciting. By reducing the weight of aircraft components, by iterating more, by integrating...
3D Printing News Briefs: October 14, 2019
In today’s 3D Printing News Briefs, everything is new, new, new! Carbon is announcing a new RPU 130 material, and STERNE Elastomere introduces its antimicrobial silicone 3D printing. Protolabs launches...
Prusa Research Releases Prusa Mini for $349
It is no secret that the entry-level 3D Printer market has been brutal. Creality, MonoPrice, and Anet continue to pump out $200 to $300 i3 clones while many companies have...
View our broad assortment of in house and third party products.