Materialise NV, the Belgian provider of additive manufacturing software and 3D printing solutions in the medical and industrial markets, officially established the Chinese wing of their operations with the opening of Materialise Shanghai Co. Ltd. yesterday.
The announcement took place in front of the company’s new office in Shanghai’s Baoshan District, and though Materialise has been active in China since 2005, this official registration of their activities marks a step forward in their dedication to the Chinese market with a 3D printing software and R&D facility on site.
While China is home to arguably the world’s largest and most successful manufacturing economy, the Chinese have yet to make serious inroads into the 3D printing market.
Luo Jun, the head of the Asian Manufacturing Association, has said he believes revenues from products and services related to the industry in China will grow to $1.6 billion over the course of the next three years. Depending on the numbers from various sources, that might be a conservative estimate. Wohlers Associates, the 3D printing market gurus, say they think that number will be more like $3.7 billion for 2015.
Both forecasts are bolstered by the news that the Chinese Ministry of Industry and Information Technology formed the “China 3D Printing Technology Industry Alliance” aimed at funding 10 research centers to the tune of 200 million yuan, or $32 million, and those funds will be matched by local governments. To date, 40 companies have joined that alliance with more expected to take part.
In 2013, the US accounted for nearly 60% of the 3D printing industry’s global revenues at around $2 billion. China? Sources say they were good for only $150 million of the total revenues.
Materialise is clearly betting that the interest of the Chinese in the 3D printing industry will follow an upward trend with their move to stake an official position in China.
“As one of the leading 3D printing software providers, Materialise works with the Chinese government and businesses in developing the 3D printing industry in the country, one of the focuses in the current five-year plan,” said Materialise Vice President Bart Van der Schueren at the event in Shanghai. “By deepening our relationship in China with an official company that not only provides state-of-the-art software, but also focuses on R&D, Materialise China can now further support the emerging Chinese 3D printing market.”
The official opening event on December 18th was attended by approximately 80 luminaries, among them academics from the medical and industrial fields, Baoshan government leaders and representatives from the Belgian consulate.
The list of speakers included Dean Pei Guoxian of Xijing Hospital, the Vice President of Altair China, Liu Yuan, the Founder and Chief Design Officer of Xuberance, Steven Ma, the General Manager of AKEC, Li Zhijiang, Regulatory Specialist Dr. Lin Shangzhi, and Metal AM Researcher, Professor Xue Lei.
Do you believe the Chinese will come to dominate 3D printing technology and markets the way they’ve achieved the heights in global manufacturing? Let us know your thoughts on how Chinese firms and researchers will fare in the 3D printing sphere in the Materialise Shanghai Co. Ltd. thread on 3DPB.com.
You May Also Like
HP: Announces Siemens Collaboration, Releases Jet Fusion 5200 Series, Plus New Software and Materials
“The Fourth Industrial Revolution is one of the most transformative forces in our lifetime. New technology innovations will be required, new partnership models will emerge, and new modes of doing...
3D Printing News Briefs: May 1, 2019
In today’s 3D Printing News Briefs, we’ve got stories on events and business for you, followed by an innovative piece of 3D printed furniture. The fourth Metal Additive Manufacturing Conference will...
3D Printing News Briefs: April 24, 2019
We’re starting out with some business news today, and then moving on to education, before highlighting a heartwarming story with a 3D printing element. First, CRP Technology is adding a...
Greek Refugees Using Mass Portal 3D Printer, Donated by Materialise, to Design and Print Their Own Models
We often hear heartwarming stories of how 3D printing is being used to make the world a better place in all sorts of ways. In 2016, German NGO Soup & Socks...