In light of new analysis, banking giant Credit Suisse has recalculated its 3D printing projection, stating that the manufacturing tech’s market will increase to $800M by 2016.
Led by market researcher Jonathan Shaffer, the revised projection is a startling 357% increase from Credit Suisse’s $175M market estimate late last year. Driving that claim is the bank’s opinion that “prosumer” acquisition of the technology is sure to rise.
We think eventually there could be near 100% penetration amongst engineers as it becomes a common element of the engineer’s toolkit … The number of registered architects in the US [now stands at 222,500]. We think this represents another potential growth driver, although we acknowledge the computer design proficiency amongst architects is likely lower than among recent engineering graduates … We think children under 18 will be a primary driver of adoption; they are more likely to have heightened computer proficiency, and technological awareness is high in this age group.
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