资本重新盯上3D打印

Core Insights - The 3D printing industry is experiencing a resurgence, transitioning from a niche technology to a mainstream application, driven by significant investments and technological advancements [5][7][18] - Major investments from companies like DJI and Snapmaker indicate a strong belief in the growth potential of the 3D printing sector [7][8] - The market is witnessing a shift towards consumer-grade 3D printing, with companies like Creality and Tiertime leading the charge [27][30] Investment Trends - DJI's strategic investment in Smart 3D Printing Technology marks a significant entry of a major player into the 3D printing space, highlighting the industry's growing importance [7][8] - Snapmaker's recent B-round financing, led by Hillhouse Capital and Meituan, further emphasizes the influx of capital into the sector [8][11] - The total investment in the domestic 3D printing industry reached approximately 8.4 billion yuan in 2025, marking a historical high and reversing the downward trend of 2024 [11][16] Market Dynamics - The number of financing events in the 3D printing sector surged to 100 in 2025, nearly tripling from previous years, indicating heightened investor interest [8][11] - The average financing amount also increased, with 2023 seeing a total of 7.3 billion yuan, primarily driven by significant capital raises from key players [11][16] - The industry is witnessing a clear segmentation, with companies focusing on consumer applications and those targeting industrial solutions [13][16] Technological Advancements - Recent breakthroughs in 3D printing technology, including cost reductions and improved production speeds, are facilitating broader adoption [18][21] - The integration of AI with 3D printing is simplifying the design process, allowing users to create models without extensive technical skills [20][21] - The cost of materials, such as PLA plastic, has significantly decreased, enhancing the affordability and accessibility of 3D printing [21][23] Industry Outlook - The global 3D printing market is projected to reach $29.8 billion by 2025, with China's market share expected to grow to 35% [24][30] - The consumer-grade segment is poised for rapid growth, with leading companies capturing significant market shares and achieving substantial revenue milestones [27][30] - Despite challenges such as market saturation and user retention, the long-term prospects for 3D printing remain positive, driven by the potential for personalized manufacturing and digital consumption [30][31]