3D printers, which will account for two-thirds of global spending over the estimated period, will reach $ 6.9 billion and $ 6.7 billion, respectively, by 2021. IDC forecasts a $ 5.5 billion revenue for 3D printing services in 2021. Expected spending growth is expected to be lower than the overall market, with a five-year CAGR of 18.6%.
Discrete Manufacturing will be a major 3D printing industry, accounting for more than half of global spending between 2017 and 2021. Health care will be the second largest industry with spending approaching $ 1.3 billion in 2018, followed by education ($ 974 million) and consumers ($ 831 million) IDC expects professional services and retailers to surpass consumer categories by 2021.
IDC pointed out that the main use cases for 3D printing are prototypes, aftermarket parts, and parts for new products, which together account for 44% of global spending this year as the main use-case for fabricated manufacturing. IDC, driven by the health care industry, It is expected that by 2021, dental objects and medical support objects will be the fourth and fifth largest use cases.
The United States will be the largest 3D printing market in 2018 (4.1 billion U.S. dollars), followed by Western Europe (3.5 billion U.S. dollars), with nearly two-thirds of 3D printing expenditures coming out of these two markets during the forecast period.
China will be the third largest market with estimated spending over US $ 1.5 billion in 2018, followed by CEE, MEA and Japan excluding Japan, the fastest growing region in 2017-2021 Market estimates will be Latin America (27.2% CAGR), CEE (26.0% CAGR).
Carbon, the additive manufacturing company that has entered the MIT Technology Review's list of the "50 Smartest Companies" for two years in a row, announced last month that it completed $ 200 million in round D Financing includes Gold Hydrogen Ventures, a venture capital arm of Adidas, and GE Ventures.
Adidas Futurecraft 4D running shoes using Carbon's digital 3D manufacturing technology Carbon CEO Joseph DeSimone said the digital 3D manufacturing era has come.