76 percent 3D printer owners report high daily & weekly usage, finds new CEA study--News--Shining 3D Tech Co.,Ltd 

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76 percent 3D printer owners report high daily & weekly usage, finds new CEA study

Date:2014-10-07   Reading:1929
According to a study released this week by the Consumer Electronics Association (CEA), three quarters of 3D printer owners (76 percent) report using their 3D printers daily or several times a week. "As 3D printers evolve with new inputs, features and lower prices, they could transform the consumer landscape – much like MP3 players impacted the music industry."
 
"3D printing is an emerging technology that has the potential to change the world," said Steve Koenig, director of industry analysis, CEA. "As 3D printers evolve with new inputs, features and lower prices, they could transform the consumer landscape – much like MP3 players impacted the music industry."
 
3D Printing Market Overview
 
According to CEA's U.S. Consumer Electronics Sales and Forecast, 3D printers will bring in $76 million in total revenue in 2014 in the U.S. (up 44 percent over last year) and earn $121 million worldwide this year.
 
CEA predicts the devices will see double-digit growth in U.S. unit shipments through 2018, generating $175 million in total revenue. CEA estimates a compound annual growth rate of up to 37.1 percent through 2018.
 
"Strong 3D printer growth will be driven by increasing consumer demand, technological development and higher levels of competition," said Koenig. "Revenue from sales is unlikely to grow as quickly as unit sales, though, as increased competition and market segmentation are likely to cause a drop in prices – a win for the consumer."
 
 
 
Consumer Awareness and Usage
 
Almost a quarter of online U.S. adults (23 percent) report being familiar with the technology. Additionally, half (51 percent) say they're unfamiliar with 3D printing technology.
 
Among those who own a 3D printer, three quarters (76 percent) report using their 3D printers daily or several times per week. Only 18 percent of 3D printer owners report using their 3D printer once a week, and seven percent use it one or two times a month.
 
"We expect consumer familiarity with 3D printers to grow as more and more large retailers begin to carry the devices," said Koenig. "This is great for retailers as it creates an 'attraction' for consumers to come see 3D printers in action in the store."
 
3D Printer Applications
 
According to CEA's report, consumers are most interested in using 3D printers to create items such as household goods (52 percent), smartphone cases (51 percent), jewelry (49 percent), clothing (48 percent) and toys (45 percent).
 
At the 2015 International CES, the 3D Printing Marketplace will double in size in it's second year, featuring more than 30 innovative companies showcasing the latest advancements in 3D printing technology. 


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