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China to Overtake U.S. 3D Printer Shipments in 2016
January 7, 2016 | IDCEstimated reading time: 2 minutes
3D printing started to pick up in China since its mainstream popularization in 2014, with the Chinese Government recently identifying it as a major aspect of their "Made in China 2025" industrial transformation plan. Considering the high support that industrial transformation has received from favorable policies introduced in China’s 13th 5-Year Plan such as the “Made in China 2025” initiative, China buyers from the manufacturing sector will become more conscious of and more reliant on high print quality. The Chinese Government is heavily promoting development in areas of hi-tech manufacturing such as bullet trains, aerospace and aviation. Demand from these segments for parts made by high-end professional 3D printers will drive the growth of China 3D printer market, narrowing the revenue gap between the China and US 3D printer markets.
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International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG , the world's leading technology media, research, and events company.
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