Chinese 3D printer manufacturer BLT further consolidated its position in industrial 3D printing for metal components in the 2023 financial year. With revenue growth of 34.24% to around 170 million US dollars and an increase in net profit of 78.11% to around 19.6 million US dollars, the company performed well.
The aerospace industry accounted for 56.02% of revenue, industrial manufacturing for 37.32% and research facilities for 5.64%. Growth was driven by individualized 3D printing products with an increase of 34.45%, 3D printers developed in-house (+26.46%) and 3D printing raw materials with an increase of 98.98%.
“We were able to launch numerous new developments on the market in 2023 and further expand our market position with innovative solutions,” explained BLT. For example, special large-format systems for the aerospace sector such as the BLT-S1500 with 26 lasers were introduced.
The highlight was the market launch of new high-temperature alloys and titanium materials that enable the additive printing of critical components such as engines and turbines. The patented “Support-Free” process also allows the printing of structures with angles of up to 30 degrees without additional supports.
BLT presented a modular software suite for the preparation, control and monitoring of 3D printing lines with over 100 machines to automate and increase the efficiency of production processes.
With the establishment of a European subsidiary and sales partnerships in key markets, BLT also pushed ahead with internationalization in 2023. “We want to make our metal AM technology accessible to a global audience and continue to drive the transformation of the manufacturing industry,” commented BLT on its expansion strategy.
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