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IDC Forecasts U.S. 3D-Printer Market to Grow at 14 Percent CAGR

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HP Inc.’s Mult Jet Fusion 3D printer.

International Data Corporation has released its latest market forecast for the U.S. 3D-printer market, U.S. 3D Printer Forecast, 2017–2021, which covers 3D-printer shipments and hardware revenue for the 2017–2021 forecast period.

The data is split by the following technologies: fused filament fabrication/fused deposition modeling (FDM/FFF), stereolithography (SLA), powder-bed fusion, select deposition lamination (SDL), binder jetting, and materials jetting. Data is also split by the following price bands: <$1,000, $1,000–2,499, $2,500–4,999, $5000–10,000, $10,000–24,999, $25,000–100,000, and $100,000+.

According to Tim Greene, research director with IDC’s Hardcopy Solutions Group: “Shipments in the U.S. 3D-printer market are expected to grow at a 14 percent CAGR (compound annual growth rate) over the forecast period, and within that number, the professional and production markets for 3D-printing systems are expected to grow more than twice as fast as the low-end/consumer market. Our forecast looks hard at some of the fundamentals that are propelling the 3D-printing market as well as some of the factors that we expect will drive change in the coming years.”

For more information on the report, visit IDC here.

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