3D Printing technology is a new and emerging development in the process of printing. The process, also known as additive manufacturing, print physical objects from three-dimensional digital files by adding successive layers of materials. The materials used ranges from plastics, photopolymers, ceramics to metal & metal alloys. It enables end-users to design, scan and print solid objects from digital document.
The first 3D Printer, i.e. Stereolithography (SLA) was invented in the United States of America by Charles (Chuck) Hull, in 1986. The technology found its initial applications in manufacturing processes like prototyping, mass production and product development that transformed the process. Since then, the utilization of technology spread across various industries like healthcare, automotive, aerospace, defence, power & energy, jewellery sector. Companies like Ford, BMW, Nike and others are using 3D printing in their production process for rapid prototyping, in assembly, manufacturing the functional parts and saving time and money.
With the rise in its applications, many players acquired top positions in the Global 3D Printing market namely, Stratasys Ltd, 3D Systems, J Autodesk Inc, Exone Company by providing 3D printing hardware, Modelling software and services. Along with this, the market has been welcoming new entrants, jobs and investment options due to its massive growth potential and bright prospects.
Below list includes U.S-based startups in the Global 3D Printing Market:
- Align Technology
Align technology is a California-based global medical device company founded in 1997. The teledentistry company supplied the Invisalign system and pioneered the invisible orthodontics market. The company manufactures 3D printed scanners and clear aligners used in orthodontics.
- Robo 3D
Robo 3D is the US-based 3D printer manufacturing company established in 2012, headquartered in San Diego, California. The company provides products, namely Desktop 3D printers, 3D printing software, app, kits, and even curriculum supporting 3D printing in education.
- Desktop Metal
Desktop Metal is a technology company founded in 2015, headquartered in Burlington, Massachusetts. The company designs and markets metal 3D printing systems to manufacturers for mass production. It also provides metal 3D printing software solutions support to design engineers, system operators and shop managers.
Markforged is a US-Based manufacturing company founded in 2013. The company manufactures and provides 3D printers like Carbon Fiber 3D printers and Metal 3D printers, Eiger 3D printing software and materials to various customers.
- HP Inc.
HP Inc. is an American multinational technology company founded in 1947 in California, the U.S. The company provides computer-related products and services, which include hardware, software, technologies, solutions, and services to a variety of customers. The company offer business across segments, namely personal system, printing and corporate investments. Its printing business includes 3D printing solutions which offer HP’s Multi-Jet Fusion 3D Printing Solution. HP’s 3D printing solutions are designed specifically for prototyping and production of functional spare parts. In 2019, the company’s 3D Printer in partnership with SmileDirect Club has revolutionized the dental sector by increasing mass production of personalized clear aligners and other teeth-straightening treatments.
Consequently, with increasing bootstrapped startups and innovations, the global 3D printing system market promises massive opportunities and a bright prospect for various strata of societal development.