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March 14, 2015

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Growing 3D area needs rules

THE Chinese market for 3D printing is expected to grow rapidly and companies hope that the government will map out a national standard for the industry, Shanghai Daily learned during an industry exhibition yesterday.

Industrial and professional 3D printers are widely used in the manufacturing, aerospace and medical sectors in China. Desktop 3D printers are also becoming popular in the education and design sectors, industry officials said yesterday during the TCT+Personalize Asia fair, a professional 3D printing show. The three-day fair ends today.

They added that the 3D printing boom was also due to lower prices of the printers starting from 20,000 yuan (US$3,225), half the price one or two years ago.

US-based Stratasys, one of the top 3D printer vendors globally, said its Asia-Pacific revenue jumped 50 percent annually in 2014, nearly doubled the global growth rate of 26 percent.

“China is now the main growth engine for us in Asia Pacific and globally,” said Omer Krieger, Stratasys’s general manger of Asia Pacific & Japan region.

But Stratasys and other companies such as Beijing-based Tiertime Technology Co want the Chinese government to implement a 3D printing national standard.

The Ministry of Industry and Information Technology said in a statement last month that China intends to establish a complete 3D industry chain in 2016 to support the development of the aerospace and advanced manufacture sectors.

Tiertime displayed a self-developed UP Box desktop 3D printer at the fair, which costs about 20,000 yuan, 50 percent below similar overseas products.

In 2016, China’s 3D printing market expects a revenue of 10 billion yuan, 10 times more from 2012’s income, to surpass the United States as the world’s biggest market, analysts said.




 

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