Consumer 3D printer market growing, helped by crowdfunding

Enterprise still dominates the industry, but the consumer space is gaining further traction

Kogan's da Vini 1.0 3D printer.

Kogan's da Vini 1.0 3D printer.

A total of 26,800 3D printers were shipped globally in the first quarter of calendar 2014, and while enterprises still represent the majority of customers, the consumer sector is gaining traction, according to Canalys.

The analyst firm claims 46 per cent of 3D printers sold in the three months from January to March were acquired by consumers, up from 43 per cent for full-year 2013.

“While enterprise engagement will continue to grow, it looks to be the consumer space that will drive shipments in the near future,” Canalys senior analyst, Tim Shepherd, said.

“We are already seeing significant numbers of early technology adopters and hobbyists investing in relatively cheap 3D printers. As prices continue to fall, the technology improves and use cases are tested, this trend is set to continue.”

Canalys estimates that 67 per cent of 3D printers shipped in the first quarter were priced under $US10,000 before tax. It also said it is seeing sub-$US1000 units coming to market, while crowd-funding projects promise sub-$500 prices.

For example, Australian online retailer, Kogan.com, unveiled in May it would sell its own 3D printer, the da Vinci 1.0, for $A699; the XYZprinting-manufactured product is openly available to the public.

Kogan’s RRP marked a significant price drop from Officeworks’ $1499 3D Systems Cube, which was launched in January as the first 3D printer available in the Australian retail market.

Canalys claims that crowdfunding is partially responsible for 3D printers’ traction in the consumer space.

‘The sheer number of ultra-low-cost printers, typically from innovative and aspiring start-up companies, which are finding investment through crowdfunding sites, such as Kickstarter and Indiegogo, is impressive,” Shepherd said.

“The often rapid success of these projects in reaching their funding goals shows that crowdfunding sites represent a viable source of finance in this area and, more importantly, verifies real consumer interest levels.”

“While they are often limited in the size of objects they can print, the materials they can use and the finish they can provide, affordable printers will continue to drive interest and adoption in the fledgling consumer market, giving vendors an opportunity to upsell down the line.”

At the opposite end of the market, premium industrial-grade printers priced over $US100,000 represent one per cent of unit shipments.

Vendors targeting these customers sell a small number of printers per year, but with price points for some high-end units at over $US1 million, substantial revenue exists.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags retailenterprisehardwarefinancemarket3d printingconsumercustomerCanalysproductKickstartermanufacturerpredictionshipments3D printerindiegogocrowdfundinganalyst firmXYSprinting

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Nermin Bajric
Show Comments

Father’s Day Gift Guide

Brand Post

Bitdefender 2019

Bitdefender solutions stop attacks before they even begin! Get cybersecurity that 500 MILLION users already have and trust.

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?