10 Top 3D Printing Companies

- November 6th, 2019

With the projected growth of the 3D printing industry anticipated to reach US$42.9 billion by 2025, we take a deep dive into the industry.

3D printing has always been a niche market, with a few 3D printing companies dominating the industry. That said, the 3D printing market is rapidly growing and is expected to be worth over US$42.9 billion by 2025.

Contributing factors to this growth will include mass customization, production of complex parts, government investment in 3D printing and improvements with respect to manufacturing efficiency.

For those interested in jumping into this exciting market, it’s worth becoming familiar with the main players. Below the Investing News Network provides an overview of some of the biggest 3D printing companies in the industry by market cap. All data was current as of July 8, 2020.

 

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1. HP (NYSE:HPQ)

Market cap: US$23.95 billion

Although not strictly a 3D printing company, Hewlett Packard (HP) devotes some of its resources to leveraging 3D printing technology for mainstream manufacturing. It is making inroads with its Multi Jet Fusion technology and, in 2017, it unveiled the world’s first state-of-the-art laboratory to help companies develop, test and deliver the next generation of materials and applications for 3D printing. HP also has a 3D printing center in Guangdong, China, putting it at the epicenter of the world’s US$12 trillion manufacturing sector. Establishing these footholds shows HP’s commitment to the 3D printing market.

SmileDirectClub Inc. uses HP’s 3D printing to make its teeth aligners as well as coronavirus face shields for hospitals.

 

HP CEO Enrique Lores recently pointed out how the COVID-19 pandemic has shined a light on the importance of having the capability to quickly manufacture products onsite where they are needed in critical times such as these. “It is really highlighting how 3-D printing has the potential of transforming the manufacturing industry,” Lores said. “This is a great example of its capabilities.”

2. Proto Labs (NYSE:PRLB)

Market cap: US$2.91 billion

Founded in 1999, Proto Labs specializes in rapid prototyping using three additive processes: stereolithography, selective laser sintering and direct metal laser sintering. Along with this, its additive manufacturing technology produces plastic parts using its 3D carbon DLS printing methods. Proto Labs launched its industrial-grade 3D printing services in 2014; since then, it has become a leader in assisting developers, designers and engineers in moving from prototyping to low-volume production.

The company has eight manufacturing locations on three continents, with its global headquarters located in Minnesota. The company calls itself the fastest digital manufacturer of prototypes the world over. In 2020, Proto Labs announced it can now provide the aerospace industry with the ability to 3D printed cobalt chrome materials using direct metal laser sintering (DMLS).

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3. Materialise (NASDAQ:MTLS)

Market cap: US$1.21 billion

Materialise has been providing software solutions and 3D printing services for over 25 years. It is a Belgium-based company that prides itself on focusing on software and services in the 3D printing industry. The company has a portfolio of over 95 patents and 165 more pending.

Over the years, Materialise has partnered with designers at Paris Fashion Week, Volvo (OTC Pink:VLVLY,STO:VOLV-B) and Adidas (OTC Pink:ADDYY,ETR:ADS). In addition, the company has partnered with HP in its Jet Fusion 3D 4200 technology, as well as to make customized 3D printed shoe insoles as part of HP’s FitStation software.

4. Stratasys (NASDAQ:SSYS)

Market cap: US$823.63 million

Stratasys has been in the 3D printing business since 1988, and operates primarily in the healthcare, aerospace, automotive and education markets. At a global scale, the company holds over 600 granted or pending additive manufacturing patents.

Some of its key patents are for the FDM, PolyJet and WDM 3D printing technologies. These create prototypes and manufactured goods directly from 3D computer-aided design (CAD) files and other 3D content. The company’s subsidiaries include MakerBot, GrabCAD, RedEye On Demand and Solid Concepts.

5. 3D Systems (NYSE:DDD)

Market cap: US$795.29 million

Since 1983, 3D Systems has been providing 3D products and services. This includes everything from 3D printers and print materials to parts services and digital design tools. Chuck Hull — the inventor of stereolithography — is the company’s co-founder, executive vice president and chief technology officer.

As a printer manufacturer, naturally 3D Systems aims to simplify this process through streamlining the supply chain for manufacturing companies. This is accomplished by providing both the raw materials — such as metal powder and plastic filament — and computer numerical control (CNC) machining. CNC machining is a process in which computers control the directions of a machine. 3D Systems’ applications of this can be found in building electronic parts and machine engraving.

3D Systems covers several industries with its products, such as manufacturing, design and engineering, 3D scanning and healthcare.

6. ExOne (NASDAQ:XONE)

Market cap: US$148.74 million

Founded in 2005, ExOne’s business mainly entails making and selling 3D printing machines and products that are unique to its customers by using the installed base of 3D printing machines. ExOne uses its proprietary Binder Jetting technology developed at MIT to print complex parts utilizing industrial-grade materials. This unique heatless technology uses a liquid binding agent that bonds layers of material to form an object. Some materials that have been used include metals, sands and ceramics.

7. SLM Solutions Group (FWB:AM3D)

Market cap: 123.05 million euros

Based in Germany, SLM Solutions Group’s focus is on industrial design and rapid manufacturing, as well as producing and distributing selective laser melting systems. SLM Solutions provides its services to industries such as automotive, aviation and aeronautics, tooling, medical, dental, and research and education.

8. Nano Dimension (NASDAQ:NNDM)

Market cap: US$89.37 million

Nano Dimension is focused on 3D electronics printing and nanotechnology-based ink products. Its flagship products include the DragonFly 2020 3D printer, which can print high-resolution multilayer printed circuit boards in a few hours, compared to weeks or months for others.

Applications of Nano Dimension technologies include sensors, antennas, magnets and molded interconnected devices.

 

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9. Organovo (NASDAQ:ONVO)

Market cap: US$84.0 million

Organovo uses 3D bioprinting technology to create three-dimensional functional human tissues for medical research and surgical and therapeutic applications. These 3D printed tissues can be implanted or delivered into the human body. The company is also active in researching specific tissues for therapeutic use in direct surgical applications.

Organovo has partnered with biopharmaceutical companies and medical centers to design, build and validate “more predictive” in vitro tissues for disease modeling and toxicology.

10. Voxeljet (NYSE:VJET)

Market cap: US$32.16 million

Voxeljet is a manufacturer of 3D printing systems for industrial applications. Among others, the company services industries such as automotive, reverse engineering, aerospace, pumps and heavy industry, architecture, art, design and film and museums.

Voxeljet’s portfolio ranges from research systems to 3D systems for large-format production, as well as a chemical 3D printing process. In 2017, the company unveiled its high-speed sintering, and in 2018 it expanded the number of specialty materials it can use for its high-speed sintering line. Voxeljet is also developing its new VJET X, which launched in June 2019.

This is an updated version of an article first published by the Investing News Network in 2015.

Don’t forget to follow us @INN_Technology for real-time news updates!

Securities Disclosure: I, Dorothy Neufeld, hold no direct investment interest in any company mentioned in this article.

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9 responses to “10 Top 3D Printing Companies

  1. “Increasingly competitive” yes, but not too much yet. There is still so much growth and I think that the experts will be separated from the hobbyists soon, if they aren’t already. As a 3d printing company, we’re super excited to see what’s coming ahead. We’ve seen tons of excitement and growth in this area. Hopefully we’ll one day be one of those those 3d printing companies. It’s exciting either way. For anyone interested in what we do you can visit us as well. : http://www.halotechnologiesllc.com/3d-printing/

  2. “Increasingly competitive” yes, but not too much yet. There is still so much growth and I think that the experts will be separated from the hobbyists soon, if they aren’t already. As a 3d printing company, we’re super excited to see what’s coming ahead. We’ve seen tons of excitement and growth in this area. Hopefully we’ll one day be one of those those 3d printing companies. It’s exciting either way. For anyone interested in what we do you can visit us as well. : http://www.halotechnologiesllc.com/3d-printing/

  3. I am an Accreited Arch Designer. I really would appreciate seeing a 3D printer, print. I would appreciate ANYones time, and consideration, to do so! I’d even work for you for the future progress of this incredible, cutting edge, machine. Please email me for the possibility of this appointment!
    Greatly appreciated-
    Leslie Bilotta

  4. I am an Accreited Arch Designer. I really would appreciate seeing a 3D printer, print. I would appreciate ANYones time, and consideration, to do so! I’d even work for you for the future progress of this incredible, cutting edge, machine. Please email me for the possibility of this appointment!
    Greatly appreciated-
    Leslie Bilotta

  5. I have some queries to clarify myself and my Professor as well.
    1: Multijet has their own resins as mentioned on many places, but is it possible to use my polymer resin instead of your available resin.
    2: If I cannot use my resin then can you modify Multijet according to my resins? In my case, I have to keep some points in mind, like when I mixed my 2 resins, after some time of almost 40 minutes they converted liquid to glassy state.
    3: Can I also mix carbon powders in my shape memory polymers using Multijet? If not then can you modify according to my conditions, like 2 nozzles and mixing of powder with resins or something else to use Multijet effectively.
    4: If you are unable to modify then do you have any polymer resin with shows a shape memory effect?

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