PiperJaffray released the results of their 4th Quarter 3D Printing Survey which can be found in our Library. Please download it and read the entire article as it’s a great deep dive into the current and future state of 3D metal printing.
What they found for the 4th quarter was an indication that system demand remained challenged from the 3rd quarter. As it turns out, PiperJaffray believes that Q4 and 2015 turned out to be challenging for the entire industry as a whole as users digested excess capacity which had built up over the years.
They also believe poor macro and FX conditions, as well as vertical specific headwinds in the Oil and Gas industry, played a role in the disappointing year for many 3D printing companies.
Though the data looks a bit discouraging in the report, it is encouraging to hear from industry contacts that interest and demand is beginning to reaccelerate for 3D technologies and they believe pipelines are strong heading into 2016. PiperJaffrays believes this is evident by the accelerating 1-year growth expectations from both Stratasys and 3D system resellers.
All in all, as the report points out, industry experts believe it will take additional quarters to get through some of the headwinds affecting companies in 2015, but are optimistic we will see a turning point in the second half of 2016.
Access the report here to see a full industry breakdown with insights and analysis.
