Worldwide spending on 3D printing to exceed $35 billion by 2020

Home » Company Interviews » Worldwide spending on 3D printing to exceed $35 billion by 2020

New Uses for 3D Printers Projected to Double Revenue Growth by 2020

This 3D Printing Stock is Perfectly Positioned to Capitalize on New Growth Trends

Over the past 5 years, the 3D printing market has become one of the most hyped new technologies since the internet.

Due to its high profile nature 3D printing stocks generated a lot of initial excitement among investors and in turn sky-high valuations for some of the biggest names in the business like 3D Systems and Stratasys.

However, when investors realized commercial adoption wasn’t as simple as originally thought, those same stocks took a nosedive.

Now that the market has had time to mature and new uses are being discovered for a truly revolutionary technology, it might be time to take another look at this sector.

Another reason to start paying closer attention is a recent update from IDC, or International Data Corp. which is one of the world’s leading providers of market intelligence for consumer technology markets.

They project worldwide spending on 3D printing to exceed $35 billion by 2020, which is double the revenues forecast for 2016.

What’s more interesting however, is that sales of the actual 3D printers won’t be the only drivers of growth. Software and related services such as on-demand parts are also expected to experience strong growth.

IDC analysts explain that “The gains in both software and on-demand parts printing are being driven by the rapidly expanding use of 3D printing for design prototyping and products that require a high degree of customization in non-traditional environments”.

However, one thing is certain: prototyping will lead the way in every sector. In fact, an estimated 56 percent of all worldwide 3D printing revenues in 2016 will be generated by prototyping, and that trend is set to continue.

According to IDC’s Keith Kmetz, this prototyping will in turn drive the rest of the market as well. “IDC expects the worldwide 3D printing market to continue its rapid expansion over the next several years, driven by the need to reduce manufacturing cycle times and to reduce prototyping costs,” Kmetz said. “This growth will be fueled by an explosion of 3D printer manufacturers from around the world, seeking to capitalize on the anticipated growth in this market with faster printers that offer better quality output at lower prices.”

There is one company we’ve been following for the past year that seems perfectly positioned right now to capitalize on these new growth trends in 3D printing, Israeli tech start-up, Nano Dimension.

Nano Dimension, ticker NNDM, is revolutionizing the way prototypes are made with 3D printing.
They’ve built a 3D printer, the Dragonfly 2020, for multi-layer PCBs and they’re developing advanced nanotechnology-based conductive and dielectric inks. They’ve also developed an initial version of their software package for 3D printed electronics called “Switch”.

They have a veteran management team and a world-class science team and they’re rolling out one of the most anticipated technologies in the industry that will help engineers and electronics companies radically improve the way they produce PCB prototypes.

With 56% of all worldwide 3D printing revenue projected to be driven by demand for faster and cheaper prototypes there will be a growing need for innovative solutions like the Dragonfly 2020 3D printer.

And with global 3D printing sales predicted to reach $35 billion by 2020, Nano’s patented 3D printing technology seems well positioned to grab market share and build value for shareholders.

So check them out at ticker NNDM.

pcb-1“Multilayer, 3D inkjet PCB printing is an entirely new category of 3D printing designed specifically for the production of professional multilayer PCBs, and it eliminates the negative issues associated with outside manufacturing facilities. With Nano Dimension’s DragonFly 2020 3D Printer – a world’s first for printing multilayer circuit boards, users can build functional prototypes in-house (including the interconnections between layers) in a matter of hours.”
-Amit Dror, CEO of Nano Dimension, LTD


Investment Highlights

  • NNDM was Israel’s best performing tech stock in 2015
  • Overwhelming positive response at CES 2016 and from major industry players
  • Up listing to NASDAQ in progress
  • Funding to date: Over $17m
  • 1st 3D Printer Company to combine professional electronics with 3D printing
  • The DragonFly is the 1st 3D Printer capable of printing multi-layered Printed Circuit Boards (PCB’s).
  • Approaching massive market that nobody else has addressed
  • Reduces PCB Prototyping turnaround time from weeks to hours
  • With much faster prototyping because parts don’t need to be sent away or delivered for testing
  • Multiple Patents and Patents Pending in Nano Tech, Ink Tech and software engineering
  • Printer and Printer Ink market estimated at $7-$10B

Current Status

  • Mechanical Engineers – Refining a 3D printer for electronic circuit boards
  • Software Team – Developing software applications, firmware, algorithms and GUI
  • Nano-Chemists – Developing conductive and dielectric nano inks
  • Testing with Beta customers – preliminary sales

Company Overview | NNDM Investor Presentation

Nano Dimension (NNDM) has created a 3D printer dedicated to printing multi-layer PCBs (printed circuit boards) called the Dragonfly 2020 that will benefit engineers and companies looking to rapidly test circuit board designs.

According to a video on CNET:

3D printing a circuit board gives you a couple of different advantages over the traditional method of sending it out to a manufacturing plant. The first one is that your intellectual property can stay safe and be produced in house. The second is the time it takes. Rather than a couple of weeks to get a prototype of a circuit board back for testing, this takes a couple of hours or even overnight.

Dragonfly 2020 uses a nano silver conductive ink and a proprietary dielectric ink for its printing. The product should be available on the market by the end of 2016. Meanwhile, pricing has yet to be disclosed.

Forward Looking Statements

This CEOLIVE.TV video interview contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company’s contracts, the Company’s ability to raise sufficient development and working capital, the Company’s liquidity position, the Company’s ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all.


Mike Elliott


Neither CEOLIVE.TV or any of its principals currently owns or plan to own within 72 hours of publication any shares of the stocks mentioned in this video. For a full disclaimer please visit,

CEOLIVE content and productions are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in CEOLIVE content and productions, or other investor relations materials and presentations are subject to change. Neither CEOLIVE nor any of its data or content providers shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All data and information is provided for informational or entertainment purposes only. CEOLIVE is not a registered broker-dealer or a registered investment advisor.

Sign Up Now for the Latest Trader Insights!
Signup today and receive top trading strategies. We will never share or sell your email address.
Author: Mike Elliott


Lost your password?
Why This Industry is An Explosive Opportunity For Early Investors

To learn more about The Next Hot 3D Printing Stock please enter your email address.