In 2014, the market size totalled USD 4.1 billion. 3D printing mainly involves software, equipment, materials and service, of which 3D printing equipment accounted for about 46.5% in the industry in 2014.
Through acquisition, 3D Systems and Stratasys have become the world's two 3D printing giants, whose businesses cover the whole 3D printing industry chain. In terms of sales value, the two companies swept a 34% market share in 2014. In 2014, Stratasys acquired Solid Concept, Harvest Technologies, GrabCAD, and Interfacial Solutions, while 3D Systems purchased Cimatron, Simbionix, LayerWise, Laser Reproductions, Robtec, etc.
At present, China's 3D printing market is still at its initial stage, with the industry chain to be improved. For example, some core components and 3D printing materials for China-made 3D printing equipment have to be imported from overseas. But 3D printing technologies in national defense and aviation industries have taken the lead in the world. In 2014, China's 3D printing market size approximated 4.65 billion. It is projected that in the following years the market size will still grow at an average rate of around 40%, and that it will very likely exceed RMB20 billion by 2018.
In 2014, China's 3D printing market featured a rather low concentration degree, and the number of enterprises involved was close to 100, but mostly small-sized. The 3D printing equipment manufacturers consist mainly of Beijing Tiertime Technology Co., Ltd., Hunan Farsoon High-tech Co., Ltd., and Shining 3D.