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Wednesday, January 13, 2016 9:20:30 PM
Voxeljet - A big niche in 3D printing
3D Printer Carves Out Niche for Big Parts - January 08, 2016
Tom Lansford posted on January 08, 2016
At first glance, 3D printing is a broad, horizontal technology. But each industry will have its unique needs for 3D printing. A 3D printing manufacturer can turn a specialized technique into a large niche market.
The technologies used in 3D printing are varied. Stereolithography and curing of resins, digital light processing (DLP) and photopolymers, fused deposit modeling with thermoplastics, inkjet techniques using binder agents (binder jetting) or photopolymers (material jetting) and direct metal laser sintering are all types of additive manufacturing processes, but the techniques and the materials vary significantly, which make certain processes more appropriate for one application than another.
Germany’s voxeljet manufactures 3D printers that produce casting molds for industrial applications. voxeljet uses the binder-jetting method and prints using sand and plastics. Its printers can generate either plastic parts or sand parts in very large sizes, or many parts of a more modest size—the key point being the industrial target for casting production molds.
At Frankfurt's Formnext 2015 trade show, voxeljet presented its range of printers, including the VX1000. With a price of $1 million, it is not surprising that the company also provides a 3D printing service using the technology. In fact, the parts-on-demand business is running ahead of the 3D printing system revenue for 2015, according to a company press release. And while Formnext in Frankfurt would be a local event for its German customers, voxeljet has gone international, now with service centers in the United States and the United Kingdom.
The VX1000 is not the largest printer in the voxeljet stable. That distinction goes to the VX4000, which is, according to the company, “the world's biggest industrial 3D printer including the cohesive build space of 4,000 x 2,000 x 1,000 mm (158 x 79 x 39 in). The machine is very fast, easy to operate and permits the economical production of very large individual molds, many small-series components or a combination of the two.”
The VX4000 comes in at a price just over $1.5 million. It has a very large build envelope and most importantly, the printers create mold casts efficiently for industries such as the automotive industry, where competing technologies and solutions are expensive. The service arm of voxeljet for parts on demand is a critical path to monetize their technology with customers who do not need to, cannot afford to or simply choose not to invest in their own in-house printing capacity.
The result? voxeljet has established itself in a niche market within the extremely large and horizontal 3D printing industry.
VOXELJET presents New VX1000 3D printer
voxeljet's VX4000 - industrial 3D printer for sand casting
Entirely 3D printed room
VOXELJET AG REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2015
Excerpt from the press release. There's more information in the release.
Highlights – Third Quarter 2015
Total revenues YTD increased 71.1% to kEUR 15,783 from kEUR 9,225
Total revenues for the third quarter increased 25.4% to kEUR 4,710 from kEUR 3,756
Systems revenues for the third quarter decreased 35.5% to kEUR 1,461 from kEUR 2,264
Services revenues for the third quarter increased 117.8% to kEUR 3,249 from kEUR 1,492
Gross profit margin for the third quarter was 32.7% compared to 37.2% in the prior year quarter
Reaffirm full year 2015 revenue guidance between kEUR 23,000 and kEUR 24,000
Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented, “I am very pleased with our revenue growth of more than 70% year-to-date through September 30, 2015. This is a great achievement by the entire organization. Third quarter results were affected by lower Systems segment revenues compared to last year’s quarter due to the timing of several scheduled installations which have moved into the fourth quarter. There were no Systems order cancellations and we still expect to achieve our target for Systems revenues for the full year. Services revenues were strong in the quarter and demand for on-demand printed parts remains robust”
Dr. Ederer continued, “We reaffirm our full year 2015 guidance of revenues between kEUR 23,000 and kEUR 24,000 for the Company, which represents approximately 50% growth over last year’s revenues.”
3D Printer Carves Out Niche for Big Parts - January 08, 2016
Tom Lansford posted on January 08, 2016
At first glance, 3D printing is a broad, horizontal technology. But each industry will have its unique needs for 3D printing. A 3D printing manufacturer can turn a specialized technique into a large niche market.
The technologies used in 3D printing are varied. Stereolithography and curing of resins, digital light processing (DLP) and photopolymers, fused deposit modeling with thermoplastics, inkjet techniques using binder agents (binder jetting) or photopolymers (material jetting) and direct metal laser sintering are all types of additive manufacturing processes, but the techniques and the materials vary significantly, which make certain processes more appropriate for one application than another.
Germany’s voxeljet manufactures 3D printers that produce casting molds for industrial applications. voxeljet uses the binder-jetting method and prints using sand and plastics. Its printers can generate either plastic parts or sand parts in very large sizes, or many parts of a more modest size—the key point being the industrial target for casting production molds.
At Frankfurt's Formnext 2015 trade show, voxeljet presented its range of printers, including the VX1000. With a price of $1 million, it is not surprising that the company also provides a 3D printing service using the technology. In fact, the parts-on-demand business is running ahead of the 3D printing system revenue for 2015, according to a company press release. And while Formnext in Frankfurt would be a local event for its German customers, voxeljet has gone international, now with service centers in the United States and the United Kingdom.
The VX1000 is not the largest printer in the voxeljet stable. That distinction goes to the VX4000, which is, according to the company, “the world's biggest industrial 3D printer including the cohesive build space of 4,000 x 2,000 x 1,000 mm (158 x 79 x 39 in). The machine is very fast, easy to operate and permits the economical production of very large individual molds, many small-series components or a combination of the two.”
The VX4000 comes in at a price just over $1.5 million. It has a very large build envelope and most importantly, the printers create mold casts efficiently for industries such as the automotive industry, where competing technologies and solutions are expensive. The service arm of voxeljet for parts on demand is a critical path to monetize their technology with customers who do not need to, cannot afford to or simply choose not to invest in their own in-house printing capacity.
The result? voxeljet has established itself in a niche market within the extremely large and horizontal 3D printing industry.
VOXELJET presents New VX1000 3D printer
voxeljet's VX4000 - industrial 3D printer for sand casting
Entirely 3D printed room
VOXELJET AG REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2015
Excerpt from the press release. There's more information in the release.
Highlights – Third Quarter 2015
Total revenues YTD increased 71.1% to kEUR 15,783 from kEUR 9,225
Total revenues for the third quarter increased 25.4% to kEUR 4,710 from kEUR 3,756
Systems revenues for the third quarter decreased 35.5% to kEUR 1,461 from kEUR 2,264
Services revenues for the third quarter increased 117.8% to kEUR 3,249 from kEUR 1,492
Gross profit margin for the third quarter was 32.7% compared to 37.2% in the prior year quarter
Reaffirm full year 2015 revenue guidance between kEUR 23,000 and kEUR 24,000
Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented, “I am very pleased with our revenue growth of more than 70% year-to-date through September 30, 2015. This is a great achievement by the entire organization. Third quarter results were affected by lower Systems segment revenues compared to last year’s quarter due to the timing of several scheduled installations which have moved into the fourth quarter. There were no Systems order cancellations and we still expect to achieve our target for Systems revenues for the full year. Services revenues were strong in the quarter and demand for on-demand printed parts remains robust”
Dr. Ederer continued, “We reaffirm our full year 2015 guidance of revenues between kEUR 23,000 and kEUR 24,000 for the Company, which represents approximately 50% growth over last year’s revenues.”
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