By Dawn Richard via Iris.xyz
For all the tech-savvy investors out there, the 3D printing industry seems to be an exciting market. It has a lot of opportunities to unlock. It is true that the industry has been sluggish for the last two years, but lately, there have been some signs of growth.
According to reports, most of the industries are trying to dig deep into the benefits that 3D printing has to offer. Based on the reports published by IDC, the market is going to touch $12 billion by the end of this year. It is expected that the market will hit $20 billion by 2021.
The maximum growth will result from materials and physical printers. However, opportunities in software service and systems will also be there. Having said that, now let’s take a look at the top 5 3D printing / cheap brochure printing stocks to buy:
3D Systems Corporation (DDD)
3D Systems DDD [NYE] – $10.64 is one of the leading companies in the industry. Founded by Chuck Hull in 1983, the company has achieved a lot of success. Innovation seems to be the main force of the company. As a result, the company has turned into a diverse platform with 3D materials, printers, on-demand manufacturing services, and software. Despite having some issues in the past, the company managed to pull itself back, and, as a result, its financial condition improved. The printer shipment volumes increased up to 37% in the latest quarter of the year.
Materialize NV (MTLS)
Materialize MTLS [NGS] – $15.44 is one of the leading giants in the whole 3D printing industry. The company is known to mainly deal in software systems. For example, healthcare applications and additive manufacturing. One of the main growth strategies followed by the company is partnerships. It has recently entered into a partnership with HCL and HP. Their partnership with BASF, which is a leading chemical company, proved to be the most beneficial of all.
Autodesk, Inc. ADSK [NGS] – $153.10 is one of the companies that focuses on the development of a large variety of applications. It develops applications for various industries including construction, engineering, architecture, media, manufacturing, and product design. Their software is mainly used for complex simulations and visualizations. For Autodesk, 3D printing happens to be an integral part of their business. The company is known to have created a line of applications like 3Ds Max, Fusion 360, TinkerCAD, Netfabb and Within Medical.
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