3D printing has always been a relatively niche market, with a handful of key companies dominating the industry. Here’s a look at some of the largest 3D printing companies in the world today.
3D Systems Corporation (NYSE:DDD)
3D Systems Corporation provides 3D products and services, including 3D printers, print materials, part services and digital design. With subsidiaries in the Americas, Europe, the Middle East and the Asia Pacific Region, the company’s customers are largely small and midsize businesses in automotive, aerospace, government, technology, electronics, education, consumer goods, energy and healthcare sectors.
With a market cap of $1.53 billion, 3D Systems Corporation is definitely on the larger side for a 3D printing company. Share prices for the company are in a 52-week range of $6.00 to $19.76. In 2016, share price climbed steadily until May, when prices began to drop. This decrease coincided with Citi analysts downgrading the stock from “neutral” to “sell,” as analysts cited concerns about the “overstated” positivity of the 3D printing market. After an October high of $18.32, as of November 15, 2016, shares finished trading in the middle of this range at $13.91. Forecasts are chaotic; while Review Fortune are positive about the future they reported a sell rating.
Stratasys is another big innovator in the field of 3D printing. With a market cap of $937.31 million, it’s right up there with 3D Systems as one of the largest 3D printing companies. Stratasys has been in the market for more than 25 years, operating primarily in the healthcare, aerospace, automotive and education markets.
As of November 15, 2016, stocks finished at $17.95, near the lower end of the company’s 52-week of $14.48 and $30.46. In 2016, the company’s share price went through two main curves. It lost ground until February, when prices started going up. However, after hitting a peak in April share price started to fall, as analysts at Citi also downgraded their rating to “neutral.” Like 3D Systems Corporation, this was largely attributed to the belief that early 2016’s 3D printing surge was merely temporary. In November the majority of 13 analysts covering the Stratasys rate the company a “buy”; 6 rate it a “Buy”, 3 “Sell”, while 4 “Hold”.
Alternatives to the largest 3D printing companies
After 3D Systems Corporation and Stratasys, the market cap of specialized 3D printing companies drops substantially. For instance, Materialise NV (NASDAQ:MTLS), a Belgium-based company engaged in the field of additive manufacturing, only has a market cap of $394.00 million. Meanwhile, ExOne, another significant provider of 3D printing machines and related materials, has a market cap of $169.98 million.
However, while there may be a dearth of other large 3D printing companies which deal specifically in 3D printing, some major tech giants are involved in the scene. HP (NYSE:HPQ) is perhaps the best example. With seven business segments in personal systems, printing, the enterprise group, enterprise services, software, HP financial services and corporate investments, the company is a presence in many of tech’s growing sectors. All told, these are the largest 3D printing companies in the world.
For information about these companies, follow us on Twitter @INN_Technology, where we post the latest news in 3D printing.
Securities Disclosure: I, Morag McGreevey, hold no direct investment interest in any company mentioned in this article.