3D printing, also known as additive manufacturing, is driving innovation across multiple industries including aerospace and defense, automotive, and manufacturing.
The industry is still considered to be in its infancy as the true potential of 3D printing technology has yet to be fully unlocked. Thanks to the inherently flexible nature of 3D printing, its use cases will continue to grow and evolve over time. While not perfect, there is no doubt that 3D printing will increasingly shape new manufacturing techniques in everything from automobile manufacturing to healthcare in the coming decades.
Analysts have identified this growth industry and expect the global 3D printing market to reach nearly $80 billion in value by 2028, with no signs of slowing down over the coming decades.
Numerous 3D printing companies have tapped the public markets in order to raise capital that will allow them to invest in research and development, scale products, and reduce costs for end users.
There are over a dozen publicly traded 3D printing stocks. Below are the top five 3D printing stocks to watch as well as a list of additional companies:
More than 35 years ago, 3D Systems introduced the innovation of additive manufacturing to the industry. Today, as a leading additive manufacturing partner, the company brings innovation, performance, and reliability to every interaction. Its list of customers range from Lucid Motors (NASDAQ: LCID) to Airbus to Ignite Orthopedics.
3D Systems recently expanded its portfolio through the introduction of new production-grade materials that are being engineered for long-lasting mechanical performance and stability.
The company says that the new production-grade materials will be ideal for a wide range of end-use applications ranging from consumer goods to transportation to aerospace. The company expects the new materials to be available in Q4 2022.
3D Systems operates a full digital manufacturing ecosystem consisting of plastic and metal 3D printers, print materials, on-demand manufacturing services, and a portfolio of end-to-end manufacturing software.
Shares of 3D Systems trade on the NYSE under the symbol DDD. For more information visit www.3dsystems.com.
Protolabs is one of the world’s leading providers of digital manufacturing services. The e-commerce-based company offers injection molding, CNC machining, 3D printing, and sheet metal fabrication to product developers, engineers, and supply chain teams across the globe.
The company serves customers using in-house production capabilities that bring unprecedented speed in tandem with Hubs, a Protolabs subsidiary, which serves customers through its network of premium manufacturing partners. Together, Protolabs helps companies bring new ideas to market with the fastest and most comprehensive digital manufacturing service in the world.
The company claims that it is the world's fastest source for digital manufacturing of prototypes and low-volume production parts, with a turnaround time as low as 15 days. Its customers have the ability to upload 3D CAD models online and receive automated quotes with design feedback and pricing detail in as little as a few hours.
The interactive analysis helps eliminate potential manufacturability issues before any actual production happens. Once a design is ready, digital instructions are sent to the production floor where manufacturing begins shortly thereafter.
Shares of Protolabs trade on the NYSE under the ticker symbol PRLB. For more information visit www.protolabs.com.
Desktop Metal, a global leader in additive manufacturing 2.0 technologies for mass production, recently announced a new multi-faceted partnership aimed at accelerating the adoption of additive manufacturing for production applications with a focus on the world’s largest manufacturers. Desktop Metal says that the new collaboration will include multiple aspects of its business and benefit end-users in a variety of ways.
The two companies will work on specific industrial-scale projects involving data handling and environmental, health and safety topics. Additionally, the new partnership will work to promote the benefits of additive manufacturing 2.0 technologies, with a focus on binder jet 3D printing as a key technology solution that can reduce waste, produce more, and build more resilient supply chains.
Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, Desktop Metal is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world.
Shares trade on the NYSE under the symbol DM. For more information visit www.desktopmetal.com.
Stratasys, a leader in polymer 3D printing solutions, recently signed a definitive agreement to acquire the additive manufacturing materials business of Covestro AG for $43 million euros.
The acquisition is expected to be immediately accretive upon closing for Stratasys and includes R&D facilities and activities, a global sales team, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprising hundreds of patents and patents pending.
Covestro has been a key part of Stratasys’ third-party materials ecosystem, and the acquisition will benefit customers using multiple Stratasys 3D printing platforms, including its Origin P3™, Neo® stereolithography, and H350™ printers. Stratasys is already a distributor of Covestro’s Somos® resins and they are already available for Neo and Origin® One 3D printers.
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain.
Shares of Stratasys trade on the NASDAQ under the symbol SSYS. For more information visit www.stratasys.com.
Velo3D announced recently that Hermeus, a private company developing hypersonic aircraft for defense and commercial applications, will utilize Sapphire 3D-printing equipment to build parts for Hermeus’ Chimera engine and Quarterhorse aircraft.
The engine is a turbine-based combined cycle engine that will power Hermeus’ first aircraft, Quarterhorse, an autonomous aircraft designed to touch high Mach speeds and prove reusability. Hermeus has planned Quarterhorse’s first flight for 2023.
Velo3D’s metal additive manufacturing technology has seen extensive adoption in the hypersonic and NewSpace industries due to its ability to build the complex, mission-critical parts engineers need without compromising design, quality, or performance. The company says that customers can print existing designs without the need to design the parts for additive manufacturing or obtain specialized training.
Velo3D trades on the NYSE under the ticker symbol VLD. For more information visit www.velo3d.com.
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As the 3D printing industry grows in size and scale over the coming decades, numerous market participants will compete to grab market share. Listed below are additional 3D printing stocks to watch in 2023:
For a full list of 3D Printing stocks, quote and news visit: https://greenstocknews.com/stocks/3d-printing-stocks
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