Organize and Share your Electronics the way you want. Sign-Up for a free account now. It takes only 30 seconds!

The death of MakerBot is not the death of an industry

The death of MakerBot is not the death of an industry

According to the Stratasys 2014 Annual Report, in that single year, MakerBot sold nearly 40,000 printers. In 2015, they sold just 18,673. In April of 2015, MakerBot laid off 100 of its approximately 500 employees and in October laid off another 80. The MakerBot storefronts in New York City, Boston, and Greenwich were all closed.

MakerBot reached total sales of 100,000 printers on 4th April 2016. This equates to selling only 1,421 MakerBots in four months of 2016. Sales of desktop 3D printers are seasonal and tend to pick up in Q3, but the MakerBot brand is now worth far less than the $400 Million Stratasys spent on it.

However, in the new report 3D Printing 2016-2026, IDTechEx Research estimate that over 375,000 desktop thermoplastic extrusion printers were sold during 2015. 300,000 of these 3D printers were sold by the Taiwanese company, XYZPrinting. These sales absolutely dwarf the 100,000 cumulative sales by MakerBot to the point where it seems almost unbelievable. The Chinese government pledged to put a 3D printer in every one of their 400,000 elementary schools.

Users are required to buy all their filament through XYZPrinting. There is little, if any, profit to be made selling a $450 3D printer. However, now over 300,000 users are all buying filament at the currently reasonable price of about $29 for 600g, and will be locked in to buying more of that filament regardless of price hikes. This will stabilise the thermoplastic filament prices.

The 3d printing market is not dead. It is just evolving, from product to product-service!

Source: The death of MakerBot is not the death of an industry







Related Pins

Font Creator Now Creates Adafruit GFX Fonts
Font Creator Now Creates Adafruit GFX Fonts
Review of NeoDen 4 pick and place machine with vision system
Review of NeoDen 4 pick and place machine with vision system
Solar LED Light ,20000mah  Li-ion battery , 24V solar panel with MPPT charge Controller
Solar LED Light ,20000mah Li-ion battery , 24V solar panel with MPPT charge Controller
Transfer of TI’s Wi-Fi® Alliance (WFA) Certifications to SimpleLink™ Wi-Fi CC3x00
Transfer of TI’s Wi-Fi® Alliance (WFA) Certifications to SimpleLink™ Wi-Fi CC3x00
DIY USB 5V Solar Power Pack
DIY USB 5V Solar Power Pack
Tutorial: DHT22 sensor with a PICmicro
Tutorial: DHT22 sensor with a PICmicro
BQ24650 Based MPPT li-ion Battery Chage Controller With Software MPPT adjust and 3 Channel LED P ...
BQ24650 Based MPPT li-ion Battery Chage Controller With Software MPPT adjust and 3 Channel LED PWM dimming.
Play beautiful music on an Arduino thumb piano
Play beautiful music on an Arduino thumb piano
Kids can build these circuits
Kids can build these circuits
40 dB attenuator
40 dB attenuator
A multimeter heads-up display with Arduino glasses
A multimeter heads-up display with Arduino glasses
Robotic fish swims under Arduino control
Robotic fish swims under Arduino control
Arduino Xylophone
Arduino Xylophone
MPPT Solar Charger Testing
MPPT Solar Charger Testing
Design and Application Guide of Bootstrap Circuit for High-Voltage Gate-Drive IC
Design and Application Guide of Bootstrap Circuit for High-Voltage Gate-Drive IC
ESLOV is the amazing new IoT invention kit from Arduino
ESLOV is the amazing new IoT invention kit from Arduino
μPC1237 based 2 channel speaker protector
μPC1237 based 2 channel speaker protector
ESP8266 WeatherStation Color
ESP8266 WeatherStation Color
Keyless piano project using Arduino uno
Keyless piano project using Arduino uno
IoT Wardrobe
IoT Wardrobe

Top


Shares