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Who is investing in 3D printing in 2024? 🚀
Quick Answer: The 3D printing industry is experiencing consistent growth and attracting investments from various players. Tech giants like Microsoft and engineering/software outfits like Autodesk and HP have entered the market. Cathie Wood’s ARK Invest has even launched a fund focused on 3D printing. In terms of specific companies, Desktop Metal, Stratasys, Xometry, 3D Systems, and PTC are some of the key players in the 3D printing space. These companies offer growth potential and stable returns for investors interested in the industry.
Welcome to 3D Printed™, where we bring you the latest insights into the world of 3D printing. In this article, we’ll take an in-depth look at who is investing in 3D printing in 2024. The 3D printing industry, also known as additive manufacturing, has seen consistent growth and is projected to double its annual revenue from 2022 to 2026. It’s invading so many sectors, from healthcare to aerospace, and attracting investments from various players. So, let’s dive in and explore who is investing in 3D printing and what opportunities lie ahead!
Table of Contents
- Quick Answer
- Quick Tips and Facts
- Background: The Growth of 3D Printing
- Who is Investing in 3D Printing?
- The Future of 3D Printing
- Related Communication Stocks Topics
- FAQ
- Conclusion
- Recommended Links
- Reference Links
Quick Tips and Facts
- The 3D printing industry is projected to double its annual revenue from 2022 to 2026.
- Tech giants like Microsoft and engineering/software outfits like Autodesk and HP have entered the 3D printing market.
- Cathie Wood’s ARK Invest has launched a fund focused on 3D printing, highlighting the potential of this sector.
- Desktop Metal, Stratasys, Xometry, 3D Systems, and PTC are some of the key players in the 3D printing space.
- Investing in a measured, diversified approach is recommended for those interested in 3D printing.
Background: The Growth of 3D Printing
Before we dive into who is investing in 3D printing, let’s take a moment to understand the growth of the industry. 3D printing, or additive manufacturing, has come a long way since its inception. It has revolutionized manufacturing processes by enabling the creation of complex and customized objects with ease. From prototyping to production, 3D printing has found applications in various industries, including healthcare, aerospace, automotive, and consumer goods.
The global 3D printing market is expected to reach $34.8 billion by 2024, with a compound annual growth rate (CAGR) of 21.8% from 2019 to 2024. This growth is driven by advancements in technology, cost-effectiveness, and the increasing demand for customized products. As the industry continues to evolve, more companies are recognizing the potential of 3D printing and investing in its future.
Who is Investing in 3D Printing?
1. Desktop Metal
Desktop Metal (NYSE:DM) is a leading provider of metal fabrication technology. They offer smaller systems for prototyping and larger printers for manufacturing facilities. Despite losing 75% of its value since its public debut, Desktop Metal has the potential for long-term growth due to its focus on metal and carbon fiber 3D printing for automotive, consumer goods, and heavy industrial equipment sectors.
✅ Rating: 8.5/10
Aspect | Rating |
---|---|
Design | 9 |
Functionality | 8 |
Performance | 9 |
Cost-effectiveness | 8 |
Overall | 8.5 |
Desktop Metal’s printers are highly regarded for their design and performance. They offer a wide range of materials and have a strong customer support system. However, the cost-effectiveness of their printers can be a drawback for some users.
2. Stratasys
Stratasys (NASDAQ:SSYS) is an early pioneer in the 3D printing industry. They offer a wide array of printers and supporting design software, serving various industries. Stratasys is profitable, with over $500 million in cash and no debt. They are expected to accelerate payoff from research and development investments, further strengthening their position in the market.
✅ Rating: 9/10
Aspect | Rating |
---|---|
Design | 9 |
Functionality | 9 |
Performance | 9 |
Cost-effectiveness | 8 |
Overall | 9 |
Stratasys is known for its high-quality printers and reliable performance. Their printers offer excellent design and functionality, making them a popular choice among professionals. However, the cost-effectiveness of their printers can be a concern for some users.
3. Xometry
Xometry (NASDAQ:XMTR) is a manufacturing marketplace that offers on-demand 3D printing services. They have a network of over 5,000 suppliers, allowing them to provide a wide range of options to their customers. Xometry is rapidly growing, with a cache of $120 million, despite not being profitable yet.
✅ Rating: 7.5/10
Aspect | Rating |
---|---|
Design | 7 |
Functionality | 8 |
Performance | 7 |
Cost-effectiveness | 8 |
Overall | 7.5 |
Xometry offers a convenient platform for users to access 3D printing services. Their network of suppliers ensures a wide range of options, and their cost-effectiveness is a major advantage. However, some users may find their design and performance to be slightly lacking compared to other players in the market.
4. 3D Systems
3D Systems (NYSE:DDD) is an original pure-play stock focused on 3D printing technology. They offer a range of printers and materials for various applications. 3D Systems is expanding its revenue at a high rate and is expected to improve profitability over time.
✅ Rating: 8/10
Aspect | Rating |
---|---|
Design | 8 |
Functionality | 8 |
Performance | 8 |
Cost-effectiveness | 7 |
Overall | 8 |
3D Systems’ printers are known for their design and functionality. They offer a wide range of materials and have a strong presence in the market. However, the cost-effectiveness of their printers may not be as competitive as some other players.
5. PTC
PTC (NASDAQ:PTC) is a manufacturing technology provider that offers software and related services for industrial businesses. While not solely focused on 3D printing, PTC has a strong presence in the industry. They are a large and profitable company in industrial technology, likely to benefit from the increasing demand for production efficiency.
✅ Rating: 9.5/10
Aspect | Rating |
---|---|
Design | 9 |
Functionality | 10 |
Performance | 9 |
Cost-effectiveness | 9 |
Overall | 9.5 |
PTC’s software and services are highly regarded in the industry. They offer excellent design and functionality, making them a top choice for industrial businesses. Their cost-effectiveness and overall performance are also highly rated by users.
The Future of 3D Printing
The future of 3D printing looks promising, with advancements in technology and increasing adoption across industries. As the technology continues to evolve, we can expect to see more players entering the market and investing in 3D printing. From startups to established companies, the potential for growth and innovation is immense.
Related Communication Stocks Topics
In addition to investing in 3D printing, there are other related topics worth exploring. Communication stocks, for example, can provide insights into the broader market trends and opportunities. Companies like Microsoft, Autodesk, and HP, which have entered the 3D printing market, also offer communication solutions that complement their 3D printing offerings. Understanding the interplay between these industries can help investors make informed decisions.
FAQ
Who invested in 3D printing?
Investments in 3D printing come from various sources, including venture capital firms, private equity funds, and individual investors. Tech giants like Microsoft and engineering/software outfits like Autodesk and HP have also invested in the industry.
Read more about “21 Mind-Blowing 3D Printing Statistics of 2020 … 📊”
Which company is leading in 3D printing?
There are several companies leading the 3D printing industry, each with its own strengths and focus areas. Some of the key players include Desktop Metal, Stratasys, Xometry, 3D Systems, and PTC.
Read more about “Who are the Players in the 3D Printing Industry? … 👾”
Who is the world leader in 3D printing?
The world leader in 3D printing is a highly debated topic, as it depends on various factors such as market share, revenue, and technological advancements. However, companies like Stratasys, 3D Systems, and HP are often considered leaders in the industry.
Read more about “35 Trailblazing 3D Printing Companies Dominating the Market in 2024 🚀”
Who buys 3D prints?
Various industries and individuals buy 3D prints for different purposes. Industries such as healthcare, aerospace, automotive, and consumer goods use 3D printing for prototyping, production, and customization. Individuals also buy 3D prints for personal use, such as home decor, accessories, and hobby projects.
Read more about “What is the Target Market for 3D Printing? … 🖨️”
Conclusion
In conclusion, the 3D printing industry is experiencing consistent growth and attracting investments from various players. Tech giants like Microsoft and engineering/software outfits like Autodesk and HP have entered the market, highlighting the potential of this sector. Desktop Metal, Stratasys, Xometry, 3D Systems, and PTC are some of the key players in the 3D printing space, offering growth potential and stable returns for investors interested in the industry.
As the industry continues to evolve, investing in a measured, diversified approach is recommended. Always be cautious of over-optimism, monitor stock market twists and turns, and save spare cash for investment during dips. With time, investing in 3D printing is likely to provide significant returns.
Thank you for joining us at 3D Printed™! If you’re interested in learning more about 3D printing, check out our Beginner’s Guides and 3D Printable Objects categories. And don’t forget to explore our 3D Printing Innovations section for the latest advancements in the field. Happy printing!
Recommended Links
- 👉 CHECK PRICE on: Desktop Metal | Stratasys | Xometry | 3D Systems | PTC
- Who Are the Players in the 3D Printing Industry?
- Beginner’s Guides
- 3D Printable Objects
- 3D Printing Techniques
- 3D Printing Innovations