Top 15 3D Printing Companies Worldwide
We will be looking at the top 15 3D printing businesses in the world in this article. To see more companies, visit www.3DPrinting.com. Top 5 3D Printing Companies Around the World
3D printing is the technology that would make prehistoric humans and even 19th-century dwellers seem magical. It is amazing to see a printer producing metal objects that would have previously required meticulous forging. It is therefore not surprising that the 3D printing sector is one of the fastest growing and most lucrative in the world.
Strategic Market Research’s research estimates that the industry will be worth $14 billion in 2021. The industry will continue to grow at a staggering compounded annually growth rate (CAGR), of 21%, to reach $77 million by the end 2030. The market was divided by printers and materials. The research firm found that industrial printers accounted to 70% of the market, while metals accounted more than half of all the materials. Strategic Market Research also revealed that the automotive industry is the biggest user of 3D printing, and that most of the overall use involves the production of prototypes. As with other advanced technologies markets like biotechnology and artificial Intelligence, North America was the largest 3D printer market in 2021, accounting for approximately 30% of the total market.
Fortune Business Insights reports that 3D printing has a higher growth rate than previously reported. According to the report, the industry is expected to be worth $15 billion by 2021. From then until 2029, the sector’s growth rate will be unbelievable at 24.3% CAGR, which will reach $83.9 billion. The report confirms the previous one, stating that prototyping is the most common use of 3D printers and that North America is the global leader. Fortune Business Insights also states that new technologies like robotics, IoT (Internet of Things) and artificial intelligence will allow for the industrial adoption of 3D printing.
Aerospace is a heavy user of 3D printers. The modern jet engine has thousands of components. Some of these components, such as turbine blades and fuel nozzles, must be manufactured to exacting standards and only one mold of material. 3D printing is used for components such as turbocharger impellers. Blades, fuel nozzles, among others. General Electric Company (NYSE GE), Xerox Holdings Corporation NASDAQ XRX and Renishaw plc lON:RSW.L might be some of the most prominent 3D printing firms.
Our Methodology
We examined the 3D printing industry in broad terms to identify the firms that have the right product mix to meet current industry dynamics. Insider Monkey’s 920 fund survey is used to rank the firms. It also provides information about hedge fund sentiment and market capitalization.
Top 15 3D Printing Companies Worldwide
15. voxeljet AG (NASDAQ:VJET)
Market Capitalization as of December 18, 2022 at $18.4 Million
voxeljet AG (NASDAQ :VJET), a German 3D printer manufacturer, is based in Friedberg, Germany. It makes and sells 3D printing equipment and provides spare parts. It serves a wide range customers, from universities to the aerospace industry to architecture firms.
Insider Monkey looked at 920 hedge funds’ third quarter 2022 investments and found that 10 had purchased a stake in voxeljet AG. (NASDAQ:VJET).
voxeljet AG is a top 3D printing company.
14. Shapeways Holdings, Inc.
Market Capitalization as of December 18, 2022, $26.24 Million
Shapeways Holdings, Inc., NYSE:SHPW, is an American company that manufactures and markets the Otto brand 3D printers. These 3D printers enable users to make prototypes as well as final products. The printers can be used for a variety of manufacturing processes, such as vacuum casting, stereolithography and binder jetting. Its products can be used in many industries, including architecture, robotics and healthcare.
Insider Monkey found that 10 of the 920 hedge funds had purchased Shapeways Holdings, Inc. shares as part their Q3 2022 investment.
13. Markforged Holding Corporation NYSE:MKFG
Market Capitalization as of December 18, 2022, $158 million
Markforged Holding Corporation (NYSE.MKFG) in America is a 3D printer company that produces products for industrial and general consumer use. The FX 20, Metal X and X7 printers are available for industrial use. The company’s desktop 3D printer range includes the Mark Two and Onyx One printers. These printers can build parts made of metals, fiberglass, carbon fiber-filled nylon, and other materials. Markforged Holding Corporation is headquartered at Watertown, Massachusetts.
Insider Monkey looked at 920 hedge funds’ third quarter 2022 investments and found that 13 of them had a stake in Markforged Holding Corporation.
11. Prodways Group SA – EPA:PWG.PA
Market Capitalization as of December 18, 2022 at $198 Million (1EUR = 1.06USD).
Prodways Group SA (EPA.PWG.PA), a French company, is headquartered in Paris. The company sells 3D printers for industrial use. The DLP MOVINGLight 3D Printer lineup and the Plastic Laser Sintering 3D Printers are its two printers. These printers are used in many industrial applications. The former is used in injection molding, tooling, and jewelry while the latter is used by aerospace, automotive, as well as other industrial sectors.
11. Velo3D, Inc. (NYSE:VLD)
Market Capitalization as at December 18, 2022: $313 Million
Velo3D, Inc., NYSE:VLD is an American company that is one the top 3D printer companies. The company both leases and sells its products to businesses. The company provides software for quality control and manufacturing processes, as well as printers.
Velo3D, Inc., (NYSE:VLD), has the distinction of being Space Exploration Technology Corporation (SpaceX’s) 3D printer supplier for components to the Raptor. The Raptor rocket engine is one of the most advanced in the world. It redirects its startup exhaust gases to the combustion chamber, a complex process that is mind-boggling.
Insider Monkey had invested in Velo3D, Inc.’s shares as part of their September quarter 2022 investments.
10. Desktop Metal, Inc.
Market Capitalization as of December 18, 2022, $441 million
Desktop Metal, Inc. (NYSE DM) is an American company based in Burlington, Massachusetts. The company has a wide range of printers. These include the 5-Max line, the S-Print printer and the P4K lineup. Fiber desktop printers are also included in the portfolio. These products serve different industries, from desktop printing to prototyping and industrial manufacturing.
Insider Monkey’s Q3 2022 survey to 920 hedge funds revealed that 11 of them had a stake in Desktop Metal, Inc.
9. SLM Solutions Group AG, (ETR:AM3D.DE).
Market Capitalization as of December 18, 2022 at $478 million (1EUR = 1.06USD).
SLM Solutions Group AG (ETR.AM3D.DE), a German company, is headquartered in Lubeck. It sells 3D printers that can be used for metal manufacturing. It also offers support and after-sales service to its customers. SLM Solutions Group AG, ETR:AM3D.DE, sells six types 3D printers. These include the SLM 125 and SLM 280.20 printers, SLM 280.PS and SLM 280.PS. The SLM125 is used for prototyping and the SLM500 for metal manufacturing. The other three are for high volume industrial production.
8. Materialise NV (NASDAQ:MTLS)
Market Capitalization as at December 18, 2022: $540 Million
Materialise NV is a Belgium-based company that is headquartered at Leuven. It is a software company that sells products allowing users to connect their 3D Printers, design their products and conduct rapid prototyping. Materialise NV, NASDAQ:MTLS) also offers its products to 3D printer makers.
Insider Monkey polled 920 hedge funds to determine which had purchased Materialise NV’s shares by the end of the third quarter.
Catherine D. Wood’s ARK Investment Management (NASDAQ:MTLS), is Materialise NV’s largest investor. It owns 5.8 Million shares, which are worth $62,000,000
7. Nano Dimension Ltd. (NASDAQ:NNDM)
Market Capitalization as of December 18, 2022, $620 million
Nano Dimension Ltd. (NASDAQ :NNDM), an Israeli company, provides 3D printers called the DragonFly IV systems to electronics manufacturers. This system uses artificial Intelligence to produce a variety devices such as antennas and circuits, WiFi access point, charger inductors, radio frequency amplifiers, and chargers.
Insider Monkey analyzed 920 hedge funds’ third quarter 2022 investments and discovered that nine of them had invested in Nano Dimension Ltd.
Clearline Capital, Marc Majzner, is Nano Dimension Ltd.’s largest investor. It owns 3.9M shares that are worth $9.3 Million.
6. Proto Labs, Inc.
Market Capitalization as of December 18, 2022 at $724.8 million
Proto Labs, Inc. (NYSE :PRLB) in America manufactures products using 3D printers through an online service. The company accepts orders over the Internet. It supports metals 3D Printing, stereolithography and selective laser sintering.
Insider Monkey’s Q3 2022 survey on 920 hedge funds revealed that 17 of them had purchased shares in Proto Labs, Inc.
Catherine D. Wood’s ARK Investment Management is Proto Labs, Inc. (NYSE:PRLB)’s largest shareholder. It holds a $20 million stake via 563,078 shares.
Proto Labs, Inc. (NYSE:PRLB) joins General Electric Company (NYSE:GE), Xerox Holdings Corporation (NASDAQ:XRX), and Renishaw plc (LON:RSW.L) in our list of the world’ best 3D printing companies.
Continue reading to see the Top 5 3D Printing Companies Worldwide.
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Disclosure: None. Top 15 3D Printing Companies Worldwide This article was originally published by Insider Monkey.