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3D Printing Markets Totaled $14.7B in 2023, Year Over Year Growth of 13%; AM Research Publishes Annual 2023 Market Data, Debuts Written Market Insights

Retrieved on: 
Tuesday, April 2, 2024

Even amidst a rebound in general market sentiment, the growth rate for all 3D printing hardware, materials, software and services is estimated to be only 13.5% (to $14.7B) for 2023 compared to 2022.

Key Points: 
  • Even amidst a rebound in general market sentiment, the growth rate for all 3D printing hardware, materials, software and services is estimated to be only 13.5% (to $14.7B) for 2023 compared to 2022.
  • The AM metals segment outpaced polymers with nearly 15% growth compared to just over 10% for polymers.
  • The AM services market totaled $6.7B, growth nearly in line with the total AM industry.
  • With this Q4 2023 reporting, AM Research is debuting a quarterly "3DP/AM Market Insights" product.

3D Printing Market Growth Stalled at $3.2B in Q3 2023 for Third Quarter in a Row, According to New Data from Additive Manufacturing Research

Retrieved on: 
Wednesday, December 13, 2023

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The global additive manufacturing (AM) market recorded 1% estimated sequential decline in Q3 2023 versus Q2 2023, despite still maintaining a 13% year over year growth, according to new data from Additive Manufacturing Research (formerly SmarTech Analysis).

Key Points: 
  • NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The global additive manufacturing (AM) market recorded 1% estimated sequential decline in Q3 2023 versus Q2 2023, despite still maintaining a 13% year over year growth, according to new data from Additive Manufacturing Research (formerly SmarTech Analysis).
  • This top line metric accounts for printers, print materials, and print production services, and is applicable to both the polymer AM and metal AM markets.
  • Additive Manufacturing Research has tracked 3D printing and AM market data on a quarterly basis for nearly a decade and its market data represents the longest running and deepest quarterly industry accounting available worldwide.
  • Additionally, product development spending appears to be down, which impacts AM services.

NNAISENSE Launches ARC, World's First Artificial General Intelligence (AGI) Platform, Marking the Beginning of Industry 5.0

Retrieved on: 
Thursday, November 10, 2022

LUGANO, Switzerland, Nov. 10, 2022 /PRNewswire/ -- Swiss AI firm NNAISENSE has announced the launch of Adaptive Rational Core (ARC), the world's first Artificial General Intelligence (AGI) solution for industrial manufacturing, logistics and smart cities. 

Key Points: 
  • Additionally, the optimization process of low-level automated machinery must be overseen by expert personnel which is expensive and time consuming.
  • ARC is capable of automating automation, and can therefore model and adapt an entire automated system to meet new operational goals.
  • ARC performs work on command: it can be re-tasked at any time without the downtime of offline re-training, verification, and redeployment.
  • NNAISENSE is now taking orders for ARC as well as working with select clients as part of its initial roll-out.

Insights on the Aerospace 3D Printing Global Market to 2030 - Technological Advancements and Material Innovation Presents Opportunities

Retrieved on: 
Friday, May 6, 2022

DUBLIN, May 6, 2022 /PRNewswire/ --The "Aerospace 3D Printing Market: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 6, 2022 /PRNewswire/ --The "Aerospace 3D Printing Market: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
  • According to this report the global aerospace 3D printing market was valued at $1.38 billion in 2020, and is projected to reach $6.80 billion by 2030, registering a CAGR of 18.4% from 2021 to 2030.
  • The report incorporates the study of the global aerospace 3D printing market that focuses on its scope of application of additive manufacturing technologies in aerospace industry.
  • The report presents information related to the key drivers, restraints, and opportunities of the global aerospace 3D printing market with a detailed impact analysis

Global Laser Marking Equipment Market Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 19, 2021

b'The "Global Laser Marking Equipment Market 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe laser marking equipment market is poised to grow by $535.39 mn during 2021-2025, progressing at a CAGR of almost 5% during the forecast period.\nThis study identifies the growing coding and marking applications in the packaging industry as one of the prime reasons driving the laser marking equipment market growth during the next few years.\nThe report on laser marking equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Key Points: 
  • b'The "Global Laser Marking Equipment Market 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe laser marking equipment market is poised to grow by $535.39 mn during 2021-2025, progressing at a CAGR of almost 5% during the forecast period.\nThis study identifies the growing coding and marking applications in the packaging industry as one of the prime reasons driving the laser marking equipment market growth during the next few years.\nThe report on laser marking equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
  • The laser marking equipment market analysis includes product and geographic landscape.\nThe publisher\'s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser marking equipment market vendors that include Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT AS, OMRON Corp., TRUMPF GmbH + Co. KG, and TYKMA Electrox Inc.\nAlso, the laser marking equipment market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.\n'

API Security Pioneer L7 Defense raises $4m in Series A Funding from TRUMPF Venture and Quick Heal Technologies

Retrieved on: 
Thursday, January 14, 2021

"L7 Defense's solution truly disrupts the way APIs are protected," said Dr. Doron Chema, L7 Defense Co-founder and CEO.

Key Points: 
  • "L7 Defense's solution truly disrupts the way APIs are protected," said Dr. Doron Chema, L7 Defense Co-founder and CEO.
  • We are thrilled and energized to have the support of TRUMPF Venture and Quick Heal technologies and are delighted to welcome them to the L7 Defense family," said Yisrael Gross, L7 Defense co-founder and VPBusiness Development.
  • "We are excited to join the L7 Defense board and support the company's international expansion," said Dieter Kraft, Managing Director of TRUMPF Venture.
  • TRUMPF Venture extends the TRUMPF group's comprehensive activities to promote innovation and to detect disruptive technologies and business models early on.

API Security Pioneer L7 Defense raises $4m in Series A Funding from TRUMPF Venture and Quick Heal Technologies

Retrieved on: 
Thursday, January 14, 2021

"L7 Defense's solution truly disrupts the way APIs are protected," said Dr. Doron Chema, L7 Defense Co-founder and CEO.

Key Points: 
  • "L7 Defense's solution truly disrupts the way APIs are protected," said Dr. Doron Chema, L7 Defense Co-founder and CEO.
  • We are thrilled and energized to have the support of TRUMPF Venture and Quick Heal technologies and are delighted to welcome them to the L7 Defense family," said Yisrael Gross, L7 Defense co-founder and VPBusiness Development.
  • "We are excited to join the L7 Defense board and support the company's international expansion," said Dieter Kraft, Managing Director of TRUMPF Venture.
  • TRUMPF Venture extends the TRUMPF group's comprehensive activities to promote innovation and to detect disruptive technologies and business models early on.

Metal Machining Market | Increased Investment In Infrastructure Will Accelerate at a CAGR of over 3% | Technavio

Retrieved on: 
Thursday, November 5, 2020

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44659

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44659
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our metal machining market report covers the following areas:
    We provide a detailed analysis of around 25 vendors operating in the metal machining market, including some of the vendors such as AMADA HOLDINGS Co. Ltd., Atlas Copco AB, Colfax Corp., DMG MORI AKTIENGESELLSCHAFT, FANUC Corp., Messer Cutting Systems Inc., Okuma Corp., Sandvik AB, Shenyang Machine Tools Co. Ltd., and TRUMPF GmbH + Co. KG.
  • Backed with competitive intelligence and benchmarking, our research reports on the metal machining market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

ClassOne's Solstice S4 Wet Processing System Chosen by TRUMPF

Retrieved on: 
Wednesday, October 7, 2020

KALISPELL, Mont., Oct. 7, 2020 /PRNewswire/ -- Semiconductorequipment manufacturer ClassOne Technology announced the sale of its Solstice S4 fully-automated wet-processing system to one of the world's leading VCSEL laser manufacturers, TRUMPF Photonic Components.

Key Points: 
  • KALISPELL, Mont., Oct. 7, 2020 /PRNewswire/ -- Semiconductorequipment manufacturer ClassOne Technology announced the sale of its Solstice S4 fully-automated wet-processing system to one of the world's leading VCSEL laser manufacturers, TRUMPF Photonic Components.
  • The new Solstice S4 will be installed at the TRUMPF Photonic Components facility in Ulm, Germany.
  • "We are implementing new technologies, and the Solstice S4 will help to enhance our level of process automation," said Dr. Lessel.
  • In addition to the four-chambered fully-automated S4, ClassOne's Solstice product line also includes the eight-chambered Solstice S8 for automated high-volume production and the dual-chambered, semi-automated Solstice LT for process development or lower-volume production.

TRUMPF Inc. welcomes NCS Technologies as a distributor for TruPrint additive products

Retrieved on: 
Thursday, September 24, 2020

It will enable us to reach new customers that can leverage TRUMPF additive manufacturing technology who may not otherwise be familiar with our products," said Jack Pennuto, Director of Sales for TRUMPF Inc. Laser Division.

Key Points: 
  • It will enable us to reach new customers that can leverage TRUMPF additive manufacturing technology who may not otherwise be familiar with our products," said Jack Pennuto, Director of Sales for TRUMPF Inc. Laser Division.
  • NCS Technologies is a leading domestic computer manufacturer and supplier of IT solutions.
  • NCS Technologies is excited to have the opportunity to bring the TRUMPF portfolio of metal 3D printers to our customers in the industries we serve.
  • In the field of additive manufacturing (AM), the company has the two relevant technologies, laser metal fusion and laser metal deposition, in its program.