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3D Printer Shipments up in Q1 2017

3D Printer Shipments up in Q1 2017

July 17, 2017

New research shows that 3D Printer Shipments are up 16 percent in Q1 2017 as mid-market starts to heat up.

The first three months of 2017 saw both worldwide shipments and revenues in the 3D Printer space increase, with activity ramping up in the mid-market, according to market research firm CONTEXT.

Shipments were up by 16 percent in Q1 2017, driven by gains in the Personal/Desktop* category, which saw unit volumes rise to over 88 thousand (+17 percent year-on-year). The news was less positive in the Industrial/Professional**sector, which saw 8 percent fewer shipments than a year ago.

Overall, global 3D printer revenues were up by 4 percent in the first quarter, thanks to stronger demand for high-priced metal-based industrial printers.

Although unit volumes in the Industrial/Professional category shrank, a rise in the weighted average price – from $111,241 (€97,000) to $128,549 (€112,000) – ensured revenue growth of 6 percent.

On the other hand, revenues in the Personal/Desktop category were down by one percent due to a year-on-year weighted average price drop from $1,142 (€996) to $970 (€846) in Q1 2017. This sector continues to be dominated by lower-priced printers, with 75 percent of shipments being of models priced at or below $1,000 (€872).

While the high and the low end of the 3D printer space are clearly defined, the market is currently seeing a lot of action in the grey middle ground.

“Since the desktop 3D printer market began to emerge as a new category a decade ago, the $5,000 barrier has been used as the general rule-of-thumb dividing point for categories,” said Chris Connery, vice-president of Global Market Research and Analysis, CONTEXT.

Categories : Around the Industry

Tags : 3D printing Market Data Market Research

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