Global Industrial-Grade 3D Printer Brands

As the demand for personalization continues to be unleashed, 3D printing's targeting of customized needs has led to significant changes in the international market layout. Market intelligence firm CONTEXT recently released a new report around the 3D printing industry, highlighting the shifting regional patterns of global industrial 3D printer sales in Q2 2023, and analyzing recent changes mainly in the European, American and Chinese markets:

The European and American market side of the story mainly elaborates on the fact that a merger/acquisition of a well-known brand that lasted most of the year ultimately failed to materialize, while the European and American industrial suppliers are experiencing lower unit sales, but a focus on producing more expensive systems is driving revenue growth.

According to CONTEXT, Q2 2023 industrial 3D printer shipments by region, the majority of China's demand was met by domestic suppliers, while Western suppliers mainly supplied orders from the US, Europe and the rest of the world.

The Chinese market shows that China is once again the world's largest industrial 3D printing market, with 38% of industrial 3D printers sold in China in Q2 2023. Sales of industrial polymer 3D printers, particularly UnionTech's light-curing products, grew by 66% in China. The market for industrial-grade metal 3D printers continues to be dominated by the powder-bed fusion process, with Western industrial-grade metal 3D printer shipments declining 12% year-on-year, while shipments from Chinese suppliers grew 1%.

CONTEXT data shows that growth in domestic light-curing 3D printer shipments in China, primarily from UnionTech, also impacted mid-range 3D printer shipment growth. Accelerated sales of UnionTech's latest line of mid-priced 3D printers have contributed to the recent growth.

Overall, CONTEXT highlights mixed unit shipment results for the second quarter of 2023. Half of the top 10 revenue-leading 3D printer manufacturers costing more than $2,500 saw year-over-year shipment growth, including global industrial-grade 3d printer brands such as UnionTech and EOS.