The Top 20 Most Valuable 3D Printer Companies 2019

industrial 3d printer

Media headlines concerning 3D printing are usually reserved for breakthroughs in 3D Bioprinting, or a revolutionary DIY 3D printer kit which you can make for pennies. As a result, many of the 3D printing giants who create industrial 3D printer systems that revolutionize manufacturing aren’t given the mainstream credit they deserve.

Therefore, free from any media bias we have presented the 20 most valuable 3D printing companies by market cap that are quietly changing the world. Some of these companies are household names, some not so known. Nevertheless, they are crucially important to the past, and the future of the industry.

DISCLAIMER: Share prices are liable to fluctuate. Some of these valuations are based on share prices as of early 2019, and some are estimations of private companies based on investment, number of employees and units sold. Some large companies such as Renishaw are not included because we could not decipher how much of their revenues is made up of 3D printing-related sales. If you represent a company that either should be featured on this list, or if you have more accurate figures based on empirical evidence; please get in touch so we can keep this list as accurate as possible.

Industrial 3D Printer Companies

1 – Carbon 3D – Market Cap $1.7bn

  • Founded: 2014.
  • Company based: USA.
  • Main 3D printing technology: CLIP (Continuous Liquid Interface Production).

Less than five years old, Carbon 3D are another company which have experienced massive investment and a sky-high market capitalization. Pioneering their CLIP 3D printing technology (a hybrid of stereolithography which allows them to print objects up to 100 times faster), Carbon 3D has started to sell their industrial 3D printer systems across the globe.

Started by Joseph and Philip DeSimone, Carbon 3D attained widespread exposure after their TED Talk about 3D printing 100x faster went viral. Since then, the company has released out their first two machines – the M1 and M2 – and received over $422M in investment. Major commercial 3D printing services such as Sculpteo have since introduced CLIP technologies into their service portfolio.

industrial 3d printer carbon 3d
Carbon 3D promise to make 3D printing 100 times faster with their innovative CLIP 3D printing solutions.

2 – 3D Systems – Market Cap $1.5bn

The original 3D printing company; 3D Systems was founded by Chuck Hull to commercialize stereolithography all the way back in 1986, two years after he invented the process. Since their first industrial 3D printer – the SLA-1 – 3D Systems has grown exponentially and now makes hundreds of millions of dollars per year in revenue. What’s more, the SLA-1 has since been declared an engineering landmark by the ASME, further displaying the influence 3D Systems have had on the industry.

Despite the multitude of new companies who have since entered the market, 3D Systems remain an effective competitor. A clever strategy mixing innovation with high-profile acquisitions proven smart, with the company now worth well over a billion dollars. The most important acquisitions include DTM in 2001 (who held the patents to Selective Laser Sintering), Z Corp in 2011, Phenix Systems in 2013, and Simbionix and LayerWise in 2014. With SLA and SLS 3D printer options as well as metal 3D printers and Multi Jet machines, 3D Systems have a strong hold on the industrial 3D printer market. 3D Systems also produce 3D scanners. These include their Sense 3D scanner, which retails at around $500.

industrial 3d printer 3d systems
3D Systems sell a vast array of industrial 3D printer systems.

3 – Desktop Metal – Market Cap $1.2bn

  • Founded: 2015.
  • Company based: USA.
  • Main 3D printing technology: Bound Metal Deposition.

Despite only being founded in the last few years, Desktop Metal is a metal 3D printer manufacturer to watch very closely. With an insatiable appetite for expansion and metal 3D printing efficiency, Desktop Metal’s Bound Metal Deposition (BMD) technology promises to make metal 3D printing more affordable than ever before. Co-founded by a group of talented MIT researchers and venture capitalists including CEO Ric Fulop, the company now employs over 160 full-time staff.

The impact that Desktop Metal has made in the industrial 3D printer industry and in the metal 3D printer space cannot be underestimated. Many investors agree, with the likes of Google, BMW, GE, Stratasys, and more clamoring to get in on part of the action. So much so in fact, that they have collectively invested over $200M to aid Desktop Metal’s expansion. For now, Desktop Metal sell two metal industrial 3D printer systems: the Studio System retailing at $120,000; and the Production System which retails at $420,000.

industrial 3d printer desktop metal
Desktop Metal have promised to revolutionize the metal 3D printer industry in the next few years.

4 – Stratasys – Market Cap $1.19bn

Formed shortly after 3D Systems by Scott Crump to commercialize Fused Deposition Modeling, Stratasys is another 3D printing giant still competing almost 30 years later. Since releasing their first FDM 3D printer, the 3D Modeler, in 1992, Stratasys have expanded into PolyJet and Lost Wax Casting printing.

Though an industrial 3D printer manufacturer, Stratasys also own desktop 3D printer company Makerbot. Stratasys bought the company – which gained success after creating the first good DIY 3D printer kit in 2009 – for $403M in stock. They also merged with Objet Geometries in 2012 to combine Objet’s PolyJet 3D printers into the their 3D printer range. Additionally, Stratasys purchased 3D printed jewelry manufacturer SolidScape in 2011 for $38M in cash, and have launched their Stratasys Direct 3D printing service.

industrial 3d printer stratasys
Stratasys, along with 3D Systems, are the two industrial 3D printer behemoths who have been around since the late 1980s.

5 – EOS – Market Cap ~$1bn

Another company that has been around since almost the beginning of 3D printing, powerhouse EOS is a striking example of Germany’s extraordinary engineering capabilities. Founded by Dr Hans Langer in 1989, EOS experienced significant success during the 1990s through selling some of their early SLS 3D printers to companies including BMW and Mercedes-Benz.

Originally an industrial 3D printer manufacturer in the Selective Laser Sintering market, EOS went on to pioneer Direct Metal Laser Sintering. Their first DMLS 3D printer, the EOSINT M 250, was released in 1995 following extensive R&D throughout 1994. For the next 20 years, EOS would control the DMLS industry, until recently where rival companies such as SLM Solutions, Xact Metal and 3D Systems manufacturing competing printers. EOS are integral to the history of industrial 3D printer systems, and are responsible for much of the innovation in metal 3D printing.

Industrial 3d printer EOS
German industrial 3D printer manufacturer EOS are primarily known for pioneering DMLS technologies.

6 – Formlabs – Market Cap $1bn

  • Founded: September 2011.
  • Company based: USA.
  • Main 3D printing technology: Stereolithography.

Formlabs is the classic Silicon Valley-esque tech startup success story. Founded by three MIT students Maxim Lobovsky, Natan Linder, and David Cranor; Formlabs first made headlines by raising an unprecedented $2.95M on Kickstarter to produce their Form 1 SLA 3D printer, which ranks it in the top 100 highest funded crowdfunding projects of all time! The Form 1 ranks even higher if you remove the abundance of blockchain projects on the list.

Since then, Formlabs has received around $100M in total venture capital and shipped over 35,000 3D printers around the world. The company has since expanded into Selective Laser Sintering with their Fuse 1 SLS 3D printer, and acquired prominent 3D printing marketplace Pinshape in 2016 which boasts revenues of over $2M annually. Now with over 500 employees across North America, Europe and Asia, the future looks bright for the folks at Formlabs.

Formlabs’ 3D printers are so accurate that they can print mini versions of themselves!

7 – Materialise NV – Market Cap $930M

  • Founded: 1990.
  • Company based: Belgium.
  • Number of employees: 1000+.

Materialise is a Belgian 3D printing service and rapid prototyping pioneer, having grown from creating medical software to employing over 1,000 staff members worldwide. Materialise NV is formed of two subsidiaries: Materialise, which specializes in rapid prototyping in industrial 3D printing applications; and i.materialise, a marketplace and B2C/C2C online 3D printing service allowing makers to upload their designs to be 3D printed and mailed to them.

This has allowed Materialise NV to capture a wide swath of the market, encompassing both consumer and industrial demand. Their marketplace also helps to democratize 3D printing and 3D design, allowing designers who create their own models on 3D software to sell these designs on the i.materialise platform. This is only good for 3D printing. We therefore predict big things for Materialise NV going forwards, with their market cap of just shy of $1bn as of the beginning of 2019 a key indicator.

Materialise is now a worldwide company, with an especially active presence in the USA.

8 – Concept Laser – Estimated Market Cap $800M

Concept Laser, along with Arcam, are now part of the GE Additive umbrella since the American multinational acquired majority stakes in both companies in 2016. Originally a German company founded in 2000 by Frank Herzog, Concept Laser produce DMLS 3D printers, including the incredible Concept Laser X Line 2000R, with its extraordinary 800 x 400 x 500 mm build volume!

After attempting to acquire a controlling share in EOS, GE turned their attentions towards both Arcam and Concept Laser. In December 2016, GE announced they had acquired a 75% share in the German company for an estimated $599M, against an estimated $800M total valuation. Under GE’s guidance, we can safely assume Concept Laser will continue to innovate in the 3D printing industry.

Concept Laser’s largest 3D printer – the X Line 2000R – can print an enormous 800 x 400 x 500 mm.

9 – Arcam – Market Cap $685M

Swedish company Arcam has been a major player in the industrial 3D printer industry, since being established back in 1997. The only company to commercialize Electron Beam Melting technology, Arcam currently sell four EBM 3D printers: the Arcam A2X; Arcam Q10plus; Q20plus; and Arcam Spectra H. Electron Beam Melting is similar to DMLS, but uses an electron beam rather than a laser.

Arcam have experienced great success in the industrial 3D printer industry, partly down to their monopoly over EBM 3D printing. So much so, that when GE entered the 3D printing market – incorporating GE Additive – they acquired Arcam for $685M, as well as purchasing Concept Laser as part of a $1.4 billion investment in the sector.

industrial 3d printer arcam
The only company producing EBM 3D printers, Arcam was recently purchased by GE Additive.

10 – Protolabs – Estimated 3D Printing Business Market Cap $350M

  • Founded: 1999.
  • Company based: USA.

American 3D printing service Protolabs has grown exponentially since being incorporated in 1999. The company now employs over 1,000 dedicated staff members across their main lab in Minnesota as well as in England, Germany and Japan; and has listed on the NYSE since 2012. The American company has undertaken some high-profile acquisitions in recent times, including a $120M deal to acquire RAPID Manufacturing in 2014.

Protolabs are the largest single company on this list, posting revenues of over $344M in 2017 and a market cap hovering around $3bn. However, these revenues and valuations encompass a variety of other service that are not 3D printing-related, such as CNC milling and injection molding. Of their $115M Q3 2017 earnings, approximately $13.8M was 3D printing revenues – roughly 12%. Based on the current market cap – $2.92B – multiplied by 12%, Protolabs’ 3D printing business is worth approximately $350M.

Proto Labs’ business encompasses not only 3D printing, but CNC milling, sheet metal, and injection molding.

11 – Shapeways – Estimated market cap ~320M

  • Founded: 2007.
  • Company based: Holland/USA.

Though now based in New York, Shapeways is a prominent 3D printing service founded in Holland back in 2007 by Peter Weijmarshausen. Similar to i.materialise, Shapeways allows 3D designers to sell their designs online through their marketplace and earn a percentage of the profits whenever someone orders a 3D print of their design. Shapeways then prints the model in-house and mails it to the buyer.

Since founding, Shapeways has received over $100M in funding; the most recent a $30M Series E funding round in April 2018. This funding has allowed Shapeways to expand into a variety of 3D printing technologies, now hosting SLA, SLS, DMLS, PolyJet, and Binder Jetting, and compete with companies such as Materialise NV, Protolabs, Sculpteo, 3D Hubs and more.

PolyJet 3D printing gives Shapeways the option of full-color 3D printing.

12 – Markforged – Estimated Market Cap ~$250M

  • Founded: 2013.
  • Company based: USA.
  • Main 3D printing technology: Continuous Filament Fabrication.

Since being founded in 2013 by Greg Mark to take advantage of their carbon fiber composite printing, Markforged has been a continuous success story. Moving on from a manufacturing desktop 3D printers to their industrial metal 3D printer – the Markforged Metal X – the American company has continued to thrive throughout 2018.

This continued success has led to several investments to equip Markforged with the funds it needs to expand further. These investments include a $30M Series C investment driven by companies such as Microsoft and Porsche. As a company not limited to just the industrial 3D printer industry, Markforged has the potential to become one of the best 3D printer companies in both consumer and industrial 3D printing.

industrial 3d printer markforged
Markforged’s Metal X undercuts most rivals in the metal 3D printer space, costing $100,000.

13 – SLM Solutions – Estimated Market Cap ~$220M

  • Founded: 2006.
  • Company based: Germany.
  • Main 3D printing technology: Direct Metal Laser Sintering.

Undoubtedly a market leader in DMLS technologies, SLM Solutions was founded in 2006 – though the beginnings of the company can be traced back to the 1990s. The German company has a stellar reputation for anything SLM/DMLS, and has expanded to sell three SLM 3D printers.

A leader in industrial machines, SLM Solutions supply clients across the aeronautics, automotive, dental and medical sectors among others. This is because metal 3D printing allows for strong metal parts which are also lighter, creating significant cost savings for industrial companies. SLM looks to experience solid growth and to cement itself in the DMLS industry going forward.

industrial 3d printer slm solutions
One of the kings of Selective Laser Melting, SLM Solutions are another German company dominating the industrial 3D printer market.

14 – XJet – Estimated Market Cap $150M

  • Founded: 2005.
  • Company based: Israel.
  • Main 3D printing technology: NanoParticle Jetting.

XJet are most known for their patented NanoParticle Jetting technology, used in their metal 3D printer solutions; the Carmel 700 and Carmel 1400. Since their founding in 2005 XJet have invested in projects such as 3D printing solar panels, before more recently focusing their attentions on the burgeoning metal and ceramic 3D printing markets.

The technology used is not dissimilar from Binder Jetting; both jet particles towards a build tray. The technology is a result of numerous investment rounds totaling in the high double figure millions. As a result, XJet is pioneering low-cost metal 3D printing, and the company appears to have a bright future ahead.

The XJet Carmel 1400 is the industrial 3D printer that the Israeli company is aiming to take the metal 3D printer industry by storm with.

15 – Organovo – Market Cap $115M

  • Founded: 2007.
  • Company based: USA.
  • Main 3D printing technology: 3D bioprinting.

Organovo was the main subject of our feature story on 3D bioprinting and 3D printed organs, and for good reason. The San Diego-based company researches extensively to develop innovative new ways of using bioprinting to improve human health. For example, Organovo have demonstrated significant progress in 3D printed blood vessels, as well as creating tissues that can be transplanted in the event of a partial organ failure such as in the liver.

Organovo has listed on the New York Stock Exchange since 2013, with its market cap hitting a peak of around $500M. The company has since signed major several major partnerships, such as with L’Oreal to develop 3D bioprinted skin tissue to aid with the testing of cosmetic products. We truly believe Organovo are one of the most innovative companies working in the 3D printing sector in 2019.

Organovo also manufacture a 3D bioprinter, the NovoGen MMX Bioprinter seen here working on 3D printed liver cells and tissues.

16 – ExOne – Market Cap $100M

  • Founded: 2005.
  • Company based: Germany.
  • Main 3D printing technology: Binder Jetting.

ExOne is an industrial 3D printer company from Germany, known for pioneering Binder Jetting 3D printing. This technology – able to 3D print metal as well as sandstone – is an interesting alternative to DMLS or EBM. Since being incorporated in 2005, ExOne have expanded to offer a variety of industrial, large 3D printer systems; including their S-Print, M-Print, and M-Flex systems.

Though not quite the only incumbent, ExOne are in a similar situation to Arcam in they have little competition within their technology. As a result, ExOne are the go-to industrial 3D printer manufacturer for anything Binder Jetting.

industrial 3d printer exone
ExOne Binder Jetting 3D printers don’t just print metal, but also sandstone.

17 – Nano Dimension – Market Cap $88M

  • Founded: 2012.
  • Company based: Israel.
  • Main 3D printing technology: Inkjet Deposition.

Israeli 3D printer manufacturer Nano Dimension are a company committed to doing things differently. Since their founding in 2012 the company has developed their exciting Dragonfly Pro industrial 3D printer – an alternative 3D printer that electrical engineers will be enthused by as it can simultaneously print both dielectric polymers and metals. The company’s success has seen it go public, and has attracted the attention from a variety of major players in the defense industry.

The Dragonfly 3D printers Nano Dimension produces are some of the most sleekly designed and futuristic-looking 3D printers around.

18 – Voxeljet – Market Cap $50M

  • Founded: 1999.
  • Company based: Germany.
  • Main 3D printing technology: Binder Jetting.

Voxeljet is another successful German 3D printer manufacturer, with a longer history than most. Though its origins trace back to around 1995 the company was incorporated just before the twenty-first century, and was supplying its range of sand-based binder jetting 3D printers to clients including BMW and Daimler by 2002.

Supplying some of the most high-tech Binder Jetting 3D printers around – capable of creating models and prototypes from sand or polymers – it was inevitable that Voxeljet would expand globally. Since their IPO on the New York Stock Exchange in 2013, the company has acquired companies in the UK, as well as incorporating in the USA and setting up a partnership in Suzhou, China.

19 – 3D Hubs – Estimated Market Cap $45M

  • Founded: 2013.
  • Company based: Holland.

3D Hubs is a 3D printing service founded in 2013 to connect makers who had models and STL files to print but no means to do so, with those with a 3D printer. This was huge; 3D Hubs connected and bridged the gap between makers, enabling communities of local makers to thrive and those with an unused 3D printer to make some extra beer money. This led to several significant funding rounds – $4.5M in 2014, and $7M in 2016 – raising $11.5M in total.

3D Hubs has since gone on to change the way it outsources production of 3D printed parts to be more industrial producer-focused. Though likely more profitable and scalable, the strategy has prompted backlash from the makers and 3D printing enthusiasts who bought into the original ethos. Nonethless, 3D Hubs is expanding and now employs over 45 staff, signalling its growing ambitions.

20 – Vader Systems – Market Cap $30M

  • Founded: 2013.
  • Company based: USA.
  • Main 3D printing technology: Liquid Metal 3D Printing.

Vader Systems is an industrial 3D printer manufacturer aiming to commercialize their Liquid Metal 3D printing technology. Started by father and son Scott and Zachary Vader after finding problems with a then 18-year-old Zach’s experiment with a micro-gas turbine generator. This led to their patenting of their unique Magnet-o-Jet technology which forms the basis of Liquid Metal 3D printing.

An industrial 3D printer manufacturer in the metal 3D printing industry, Vader Systems raised significant capital to create their first industrial 3D printer range. This range includes their Polaris system, Magnet-o-Jet subsystem, and the Ares powder system. One advantage Vader Systems have is the sheer uniqueness of their technology, so we may be seeing very big things from them in the future.

industrial 3d printer vader systems
Vader Systems’ patented Magnet-o-Jet and Liquid Metal printing technologies promise to shake up the industrial 3D printer market.

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