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3D Printing Companies To Invest In 2023
Introduction
The 3D printing industry has gained significant popularity over the past few years. The technology has revolutionized various fields, including medicine, automotive, and aerospace, among others. The industry is expected to grow at a CAGR of 21.5% between 2020 and 2025, with a market size of USD 44.4 billion by 2025. With such growth potential, investors are looking for companies to invest in. In this article, we will discuss the top 3D printing companies to invest in 2023.
Stratasys Ltd.
Stratasys is a leading 3D printing company that provides solutions for various industries, including aerospace, automotive, healthcare, and education. The company has a market capitalization of USD 1.3 billion and generated revenue of USD 636.1 million in 2020. Stratasys has a strong portfolio of 3D printing products, including FDM, PolyJet, and Stereolithography. The company has also developed several partnerships with leading companies, including Boeing, Ford, and Siemens, among others.
Materialise NV
Materialise is a Belgian-based company that specializes in 3D printing software and services. The company has a market capitalization of USD 2.4 billion and generated revenue of EUR 197.7 million in 2020. Materialise provides 3D printing solutions for various industries, including healthcare, automotive, and aerospace. The company’s software solutions include Materialise Magics, a software suite for 3D printing, and Materialise Mimics, a medical software suite. Materialise has also developed several partnerships with leading companies, including Siemens, BASF, and HP, among others.
3D Systems Corporation
3D Systems is a leading 3D printing company that provides solutions for various industries, including healthcare, aerospace, and automotive. The company has a market capitalization of USD 2.2 billion and generated revenue of USD 557.3 million in 2020. 3D Systems provides a wide range of 3D printing products, including Stereolithography, MultiJet, and ColorJet. The company has also developed several partnerships with leading companies, including Toyota, GE, and HP, among others.
Other Top 3D Printing Companies to Consider
Apart from the above companies, there are other 3D printing companies that investors can consider. These include:
ExOne Co.
ExOne is a leading 3D printing company that provides solutions for various industries, including aerospace, automotive, and healthcare. The company has a market capitalization of USD 1.2 billion and generated revenue of USD 60.7 million in 2020. ExOne provides a wide range of 3D printing products, including Binder Jetting and Metal 3D printing. The company has also developed partnerships with leading companies, including Ford, Siemens, and Kennametal, among others.
Desktop Metal, Inc.
Desktop Metal is a 3D printing company that provides solutions for various industries, including aerospace, automotive, and healthcare. The company has a market capitalization of USD 3.3 billion and generated revenue of USD 12.8 million in 2020. Desktop Metal provides a wide range of 3D printing products, including Metal 3D printing and Composite 3D printing. The company has also developed partnerships with leading companies, including BMW, Ford, and Google, among others.
Conclusion
Investing in 3D printing companies can be a profitable venture, given the industry’s potential for growth. Stratasys, Materialise, and 3D Systems are the top companies to consider in 2023. However, other companies, such as ExOne and Desktop Metal, should also be considered. Investors should conduct thorough research before investing in any company.
People Also Ask
What is 3D printing?
3D printing is a process of creating three-dimensional objects from a digital file. The process involves layer-by-layer printing of the object using a 3D printer.
What are the benefits of 3D printing?
3D printing offers several benefits, including faster production, reduced waste, and the ability to create complex designs. The technology has revolutionized various industries, including healthcare, aerospace, and automotive.
How much does a 3D printer cost?
The cost of a 3D printer varies depending on the type and specifications. Entry-level 3D printers can cost as low as USD 100, while industrial 3D printers can cost upwards of USD 500,000.
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