Executive Briefings

3D Printer Sales to Double This Year, Analysts Say

There will be a doubling in the number of 3D printers shipped this year, according to analysts. Gartner predicts 455,772 units will ship in 2016, compared to 219,168 in 2015, as firms use the technology to create prototypes, augment manufacturing processes and produce finished goods.

3D Printer Sales to Double This Year, Analysts Say

The technology's growth will impact procurement in coming years, said David Noble, CEO of the Chartered Institute of Procurement & Supply, by putting the purchasing of materials center stage.

"It means that a shift from manufacturing to materials acquisition becomes a core differentiator," he said at the CIPS Annual Conference in London.

Gartner said that even though market growth in the sector has slowed after an initial spurt, it was expecting more than 6.7m printers to be shipped by 2020. The research firm expects 3D printing uses to widen as new technology providers and processes emerge.

"Once a niche market, 3D printing has continued its rapid transformation into a broad-based mainstream technology embraced by consumers and enterprises around the world," said Pete Basiliere, research vice president at Gartner.

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The technology's growth will impact procurement in coming years, said David Noble, CEO of the Chartered Institute of Procurement & Supply, by putting the purchasing of materials center stage.

"It means that a shift from manufacturing to materials acquisition becomes a core differentiator," he said at the CIPS Annual Conference in London.

Gartner said that even though market growth in the sector has slowed after an initial spurt, it was expecting more than 6.7m printers to be shipped by 2020. The research firm expects 3D printing uses to widen as new technology providers and processes emerge.

"Once a niche market, 3D printing has continued its rapid transformation into a broad-based mainstream technology embraced by consumers and enterprises around the world," said Pete Basiliere, research vice president at Gartner.

Read Full Article

3D Printer Sales to Double This Year, Analysts Say