Asian Spectator

3D Printing Sentiment Index: USA leads as most advanced country in 3D printing

  • Written by Ultimaker

Inaugural research commissioned by Ultimaker shows positive growth potential for 3D printing on global scale

FRANKFURT, GERMANY - Media OutReach - 18 November 2019 - Ultimaker, the global leader in desktop 3D printing, today released its first annual 3D Printing Sentiment Index. Independent research conducted by Savanta, an international research firm, details a comprehensive view of the current and future potential for 3D printing in 12 countries worldwide, while covering the widest range of verticals and professions, including education. The quantified index reveals the USA, UK, and Germany have the highest expectations for implementing additive manufacturing and capitalizing on its opportunities.[1][2][3][4]

1     

USA

7     

Mexico

2     

UK

8     

Switzerland

3     

Germany

9     

Italy

4     

France

10   

Netherlands

5     

China

11    

Spain

6     

Japan

12    

India

The index is a measure of market awareness and adoption; adoption levels over time; as well as overall sentiment towards the potential impact of the technology. It is based on 2548 interviews with qualified professionals and in-depth analysis of macro-economic factors. Six key elements were investigated: market awareness, adoption and install base, 3D printing growth indicators, perceived future impact and optimism, and technology infrastructure and ease of adoption. Overall, 67 percent of respondents are currently aware of the terms '3D printing' and 'additive manufacturing'. However, only 35 percent have adopted the technology. Two thirds -- 65 percent -- think that 3D printing will revolutionize their industry and nearly 40 percent say that 3D printing will bring significant operational efficiencies and cost savings to their businesses over the coming 12 months, indicating the market's rapid evolution.

3D Printing Sentiment Index: USA leads as most advanced country in 3D printing

Market awareness of 3D printing or additive manufacturingThe survey shows that the Netherlands (83%), Switzerland (82%), and the USA (77%) have the highest levels of awareness. The Netherlands, home to several 3D printing companies, is often considered a leader in technology. Switzerland has strong growth in both the manufacturing and research field -- industries where 3D printing has a high innovation and adoption rate.

Level of adoption of 3D printing technologyBy investigating the number of businesses that have adopted 3D printing and used the technology for more than 5 years, the survey determines the current maturity level across various countries. In China, 53 percent of businesses have adopted 3D printing and 11 percent have used it for more than five years, followed by the USA (34 percent adoption and 19 percent have 5+ years of usage) and France (42 percent adoption and 8 percent have 5+ years of usage). This is significantly higher than the global average.

Current 3D printing budget and plan to increase investment in the futureWhen the 67 percent of respondents who are aware of the technology were asked about their current and future 3D printing budgets, China, India, and the Netherlands came top with the highest current budget and future investment plans over the next 12 months. Wang Peng, Secretary-General of the Additive Manufacturing Alliance of China shared with The Telegraph[5] that: "3D printing is entering a golden period in China. After years of development, it has turned from an innovative concept to something quite helpful in upgrading manufacturing plants." With current install bases being low in India and Netherlands, an increase in investment is inevitable driven by the positive sentiments.

"Sentiments are the start of a domino effect," says Rohit Jhamb, Director Global Research & Analytics at Ultimaker. "Positive sentiments lead to positive behaviour and investments, resulting in a future of significant and sustainable growth. This research is the widest and most in-depth in terms of coverage that combines end customer voice with macro-economic indicators. It offers a complete view of the current ecosystem and future growth potential for 3D printing and shows that we have moved past the hype often associated with 3D printing. For potential stakeholders who haven't embraced the additive manufacturing market and are hesitant about entering, this Index shows they should be unafraid to contribute and can expect a healthy return on that contribution."

 "Being close to end-customers is something we always highly value," says Jos Burger, CEO at Ultimaker. "These findings confirm our current strategy for delivering easy-to-use, reliable solutions that anyone can leverage to gain a fast ROI with 3D printing. In that sense, Ultimaker is uniquely positioned, since we provide the market with an open ecosystem of hardware, software and materials. By delivering a complete solution that seamlessly integrates with existing workflows, we are on track to facilitate this positive future growth potential and continue to be the driving force to achieve true digital distribution and local manufacturing." 

MethodologySavanta Group, independent market research consultancy, conducted this research on behalf of Ultimaker between August 1st to September 30th, 2019 across three key regions -- Europe, APAC, and North America. The study was administered online and fielded in 12 different countries in 8 languages. The survey targeted professionals working in education, automotive and aerospace, manufacturing, architecture and construction, consumer goods, healthcare and medical technology, entertainment and the creative industry. More country-level details on material use and key applications can be found here: https://3d.ultimaker.com/Ultimaker-3D-Printing-Sentiment-Index

References

  1. ^ Media OutReach (www.media-outreach.com)
  2. ^ Ultimaker (ultimaker.com)
  3. ^ 3D Printing Sentiment Index (3d.ultimaker.com)
  4. ^ Savanta (savanta.com)
  5. ^ The Telegraph (www.telegraph.co.uk)

Authors: Ultimaker

Read more http://www.media-outreach.com/release.php/View/20979#Contact

Career Star Group Reach Milestone to Shake Up the Outplacement...

LONDON, July 9, 2020, /PRNewswire-AsiaNet/-- Career Star Group announce ownership of innovative global outplacement platform via the asset deal of CareerArc by Gi Group.Gi Group, one of the ...

The Era of Precision Currency Has Arrived: Thousand Cities Str...

PARIS and SHENZHEN, China, July 9, 2020 /PRNewswire-AsiaNet/ -- -With its Sovereign Asset Currency AI System, TCSA will change how a country measures the true value of money.Reinventing Bret...

PSP Investments Posts 8.5% 10-year Annualized Rate of Return f...

MONTREAL, July 10, 2020 /PRNewswire-AsiaNet/ -- Focus on long-term horizon and diversification safeguards pensions of contributors and beneficiaries who dedicate their professional lives to ...

Laboratory Studies Confirm BETADINE(R) Antiseptic Products' Ef...

SINGAPORE, July 9, 2020 /PRNewswire-AsiaNet/ -- Study published in Infectious Disease and Therapy Journal Mundipharma today announced that laboratory testing at the Duke-NUS Medical School i...

'Solar Cyclist' - Real-world gamification of charitable donati...

ADELAIDE, Australia, July 9, 2020 /PRNewswire-AsiaNet/ -- -Solar Cyclist is a paradigm-shifting app that promises to disrupt the charity industry by gamifying cycling. -Solar Cyclist aims to...

Biogen Completes Submission of Biologics License Application to FDA for Aducanumab as a Treatment for Alzheimer's Disease

TOKYO, Jul 9, 2020 - (JCN Newswire) - Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo, Japan) today announced that Biogen has completed the submission of a Biologics License Application (B...

Eisai and Merck Receive Complete Response Letter for LENVIMA (lenvatinib) plus KEYTRUDA (pembrolizumab) Combination as First-Line Treatment for Unresectable Hepatocellular Carcinoma

TOKYO, Jul 9, 2020 - (JCN Newswire) - Eisai Co., Ltd. and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada) announced today that the U.S. F...

93 Local Companies Recognised at The 9th "Consumer Caring Scheme" and Emerged Stronger

Customer-Centricity Becoming More Important in Times of Adversity HONG KONG, CHINA - Media OutReach - 9 July 2020 -Creating a seamless, consistent customer experience across p...

Corolla Meets SUV --Toyota Unveils Corolla Cross in Thailand, The New Compact SUV with Strength and Functionality to the Corolla Series

BANGKOK, Jul 9, 2020 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has added the new Corolla Cross compact SUV to its Corolla series. The global premiere of the model was held in Tha...

Hublot Launches the Big Bang Millennial Pink

NYON, Switzerland, July 9,2020/PRNewswire-AsiaNet/-- In an ever-changing world, Hublot stays true to its philosophy of being first, unique, different: unveiling a new Big Bang, christened Mi...

Emerge 2020 HR Tech Summit Concluded Successfully

Asia, Jul 9, 2020 - (ACN Newswire) - Yet again Clavent has brought HR leaders across the globe on a single platform to plant a flag on their first-ever virtual event "Emerge2020 HR Tech Sum...

GSB Gold Standard Banking and SPREE FLUG Luftfahrt - "Take-off" despite Coronavirus

HAMBURG, GERMANY - NEWSAKTUELL - 9 July 2020 - For 24 years the SPREE FLUG has been flying passengers and freight throughout Europe in commercial air traffic. Its strengths ar...

FWD shines at Bloomberg Businessweek Financial Institution Awards 2020 with 11 prizes

FWD most awarded insurer for third consecutive year with revolutionary products and tied agency strength in the spotlight HONG KONG, CHINA - Media OutReach - 9 July 2020 -&nbs...

Kavalan's Surprise Honour by Japanese Whisky Elite

TAIPEI, July 9, 2020 /PRNewswire-AsiaNet/ -- In an unexpected outcome, Kavalan's Solist Vinho Barrique has topped a gruelling blind tasting by prestigious Japanese judges in search of the wo...

How Whirlpool Singapore Fuels Innovation for Everyday Living in the Age of Social Distancing

SINGAPORE - Media OutReach - 9 July 2020 - We live in the age of digitisation where technology continues to enhance productivity and efficiency across multiple aspects of life...

IPC Wins Best Artificial Intelligence Based Solution at the Wa...

HONG KONG, July 9, 2020 /PRNewswire-AsiaNet/ -- IPC[https://www.ipc.com/], a leading global provider of secure, compliant communications and networking solutions for the financial markets co...

AVIA ends its first online conference 'the OTT Virtual Summit' on a high note

SINGAPORE, Jul 9, 2020 - (ACN Newswire) - AVIA had the privilege of hosting the first major online media conference of the year, the OTT Virtual Summit, with a record turnout of over 700 de...

Microsoft reimagines virtual collaboration with new Teams features for the future of work and education

SINGAPORE - Media OutReach - 9 July 2020 - Microsoft today announced a set of new features in Microsoft Teams that make virtual interactions more organic and engaging, support...

Microsoft reimagines virtual collaboration with new Teams features for the future of work and education

SINGAPORE - Media OutReach - 9 July 2020 - Microsoft today announced a set of new features in Microsoft Teams that make virtual interactions more organic and engaging, support...



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion