Home News Chinese 3D Printer Market Dominated by Foreign Brands

Chinese 3D Printer Market Dominated by Foreign Brands

According to the “China 3D Printing Market Analysis 2014-2015” report by market research company IDC, the Chinese 3D printer market continues to be dominated by foreign brands despite of the growth of local vendors.

While in terms of revenue the top five manufacturers selling 3D printers in China are EOS, Stratasys, Renishaw, ZRapid and Solidscape, the desktop 3D printer market sees Chinese companies Xery, Flashforge and Beijing Tiertime among the top five, with Makerbot and 3D Systems still taking the lead.

Research Manager Wendy Mok explains: “Foreign brands’ maturity in the technology, print stability and print quality help them maintain their top positions in the market. But the gap between foreign brands and local brands is narrowing as local vendors ramp up their effort to improve their printer’s performance and quality.”

The report also claims that 50% of the export market for consumer 3D printers are claimed by Flashforge, Beijing Tiertime and Winbo. The export revenue is mainly driven by the competitive prices of the Chinese products and the demand to provide OEM services to foreign brands.

“China vendors who are targeting mid-level to high-end users in China and the foreign market will need to start looking at more than just hardware prices as vendors need to incorporate software and services as part of their portfolios. Traditionally, the competitive advantage of Chinese brands in the overseas market is their relatively low price as compared with foreign vendors. New users will always opt for cheaper hardware to test out while existing users that have gained the experience and knowledge in integrating 3D printers into their businesses will tend to opt for foreign brands,” Mok adds.

Subscribe to our Newsletter

3DPResso is a weekly newsletter that links to the most exciting global stories from the 3D printing and additive manufacturing industry.

Privacy Policy*

You can find the privacy policy for the newsletter here. You can unsubscribe from the newsletter at any time. For further questions, you can contact us here.