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New IDC Forecast Shows U.S. 3D Printer Shipments Grew Nearly 20% in 2015 with Double-Digit Growth Expected Through 2020A newly published forecast from International Data Corporation (IDC) shows that 3D printer shipments in the United States grew by almost 20% in 2015 compared to 2014. Moreover, total 3D printer shipments in the U.S. are expected to experience a compound annual growth rate (CAGR) of more than 16% through 2020. "People and companies that are adopting 3D printers are routinely realizing tremendous time and cost savings in their product creation and development cycles. As printer speeds increase and the range of materials expands, a growing number of products and parts, and therefore markets, will be impacted by 3D printing/additive manufacturing," said Tim Greene, research director, Hardcopy Solutions. "Already the 3D printer mix in the U.S. has changed over the last 12-24 months. While there are still a lot of shipments into the DIY/consumer market, tremendous growth remains in the segments with a more professional and manufacturing orientation. Leading 3D printer manufacturers are adopting new processes throughout their operations to reposition their businesses for this change." Segment Highlights
"The growth of the 3D printer hardware market is just part of the total 3D printing/additive manufacturing picture," added Greene. "Printer hardware revenue combined with the expansion of 3D printing services and the consumption of materials already represent a $2.5 billion market in the U.S. in 2015, and that is expected to grow at a rate of more than 20% through 2020." The IDC report, U.S. 3D Printer Forecast, 2016-2020: New 3D Print/Additive Manufacturing Technologies Fuel Growth (Doc #US41333516), forecasts overall shipments and revenues for the 3D printer market in the United States. In addition, the report provides a detailed analysis of 3D printer shipments and revenues by technology and price band. Significant market developments and key market drivers and inhibitors are also presented. About IDC International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter (News - Alert) at @IDC. All product and company names may be trademarks or registered trademarks of their respective holders. View source version on businesswire.com: http://www.businesswire.com/news/home/20160613005311/en/ |