3 3D Printing Stocks With Promising Industrial Applications

Industry Overview - The 3D printing industry, also known as additive manufacturing, is expected to grow significantly, potentially reaching nearly $45 billion globally by 2027 according to a report by Hubs [1] Company Analysis Autodesk (ADSK) - Autodesk is a CAD software maker based in San Francisco, providing solutions for construction, engineering, manufacturing, media, and automotive industries [2] - The flagship product, AutoCAD, allows businesses to create detailed 2D and 3D designs more efficiently [2] - Autodesk Fusion is a 3D printing software that supports industries such as healthcare, aerospace, and architecture, enabling the design of custom prosthetics and lightweight components for airplanes [2][3] Protolabs (PRLB) - Protolabs began by designing software for rapid production of injection-molded plastic prototypes and expanded into 3D printing in 2014 [4] - The company operates over 120 3D printers and serves over 50,000 customers, focusing on aerospace, medical, consumer electronics, and robotics [4] - Protolabs provides 3D-printed parts for aviation, medical imaging devices, and robotics, enhancing efficiency in these sectors [4] HP (HPQ) - HP offers a range of 3D printers, including the HP Jet Fusion 5600 Series and S100 3D Printing Solution, aimed at improving productivity and reducing costs in various industries [5] - The company's 3D printing technology is utilized in robotics, agriculture, and housing, with notable applications in John Deere factories for producing tools and fixtures [5] - HP's technology allows for the design of lightweight, custom parts for robotics, enhancing the capabilities of modern robotic systems [5]