Gartner Forecasts that Almost Half-a-Million 3D Printers Will Ship in 2016
IT market-research firm Gartner reports that worldwide shipments of 3D printers will reach more than 490,000 units in 2016, with the 3D-printer market set for rapid growth, with worldwide shipments forecast to reach 5.6 million shipments.
According to Gartner’s latest forecast, worldwide shipments of 3D printers will reach 496,475 units in 2016, up 103 percent from the predicted 244,533 units in 2015.
The firm also forecasts that 3D-printer shipments will more than double every year between 2016 and 2019, by which time worldwide shipments are expected to reach more than 5.6 million.
“Rapid quality and performance innovations across all 3D-printer technologies are driving both enterprise and consumer demand, with unit shipment growth rates for 3D printers increasing significantly,” commented Pete Basiliere, research vice president at Gartner. “The 3D printer market is continuing its transformation from a niche market to broad-based, global market of enterprises and consumers.”
Seven technologies make up the 3D-printer market, with material-extrusion forecast to lead 2015 shipments at 232,336 units, increasing to 5,527,493 units in 2019 (97.5 percent of the total) largely due to the sales of low cost, entry-level material-extrusion printers.
Gartner notes that 3D-printer average selling prices (ASPs) vary by technology and market. Each market has different dynamics, including the mix of devices, prices, and buyer requirements that drive the average for all 3D printers in a given technology. Directed-energy deposition printers are the most highly priced, followed by powder-bed fusion printers.
Worldwide shipments by price band are affected by the 3D-printer technologies represented within them. Of particular note are the up-to-$1,000 and $1,001-to-$2,500 bands, which Gartner says are dominated by material-extrusion devices. 3D printers costing less than $1,000 will make up 25.5 percent of the total of these two price bands in 2015, but will grow to 40.7 percent of the $1-to-$2,500 range by 2019.
The primary market drivers for consumer 3D printers costing under $2,500 are not household purchases, but acquisitions of low-cost devices by schools and universities. The primary enterprise 3D-printer market drivers are the finished-piece quality and material advances.
“Enterprise 3D printers can not only prototype new products and produce tools and fixtures that are used to make other items, but also print high-quality, short-run finished goods,” said Basiliere. “This multifaceted ability is driving their growth worldwide.”
More detailed analysis is available in Gartner’s report “Forecast: 3D Printers, Worldwide, 2015.” Trends in 3D printing will be further discussed at the Gartner Symposium/ITxpo 2015 being held October 4-8 in Orlando, Florida.