3D Printing in Jewelry Markets Will Reach $11 Billion by 2020
3D Printing in Jewelry Markets Will Reach $11 Billion by 2020
By TJ McCue
The jewelry and watch industry had total revenue of almost $300 Billion in 2014. Jewelry is the primary industry studied in a recent 3-D printing report from SmarTech Markets Publishing entitled Opportunities for 3D Printing in Precious Metals. Ithas modeled the value of rings, necklaces, timepiece components, and other common consumer fashion items made via direct and indirect methods of 3-D printing to reach $11 billion by 2020.
The report does discuss other uses of metal 3-D printing, such as biomedical (titanium hip implants, for instance), dental, and 3-D printed electronics. It is a fee-based report, but for those in the jewelry industry it may be worth the investment. The company sent me a media copy of the first chapter and reporting reflects that chapter alone. The report is written by Scott Dunham, Senior Analyst for SmarTech Markets Publishing, who has been studying additive manufacturing and 3D printing markets since 2011. He is also an avid blogger and industry commentator for the 3D printing industry, featured in a variety of online and print media sources.
Looking at 3-D printing activity within the jewelry industry from two angles, the report explores the “traditional” use of 3-D printing for lost wax casting models, as well as the emerging potential for directly fabricated jewelry using powder bed fusion. It discusses different vendors as well as their technologies. If you want to dig in more on what is coming in 3-D printed electronics, be sure to check out new entrant, Voxel8, but I do not believe they are mentioned in the SmarTech report.
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