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    China's 3D printing market, which province can make its C debut?


    First, the status quo of industry development

    ——Global tropics move China fever

    Additive manufacturing technology originated in the United States. In 1940, Perera proposed a method of cutting cardboard and bonding layer by layer into a three-dimensional topographic map. Until the end of the 1980s, 3D printing manufacturing technology achieved fundamental development. In 1988, American scientist Hull obtained a patent for light curing technology and established the world's first additive manufacturing company 3D Systems. At the beginning of the 21st century, with the increasing maturity of technology, materials and equipment, the scope of application of additive manufacturing technology has moved from model and prototype manufacturing to the stage of rapid product manufacturing, and has been widely used in high-end manufacturing fields such as aerospace.

    According to the "Global and China 3D Printing Industry Data in 2019" released by CCID Consulting in March 2020, the global 3D printing industry reached US.956 billion in 2019, with a growth rate of 29.9% and a year-on-year increase of 4.5%.

    Chart 1: 2016-2020 global 3D printing industry scale trend chart (unit: billion US dollars, %)

    The global additive manufacturing industry has basically formed a development trend led by the United States, Europe and other developed countries and regions, and Asian countries and regions are catching up. The United States took the lead in raising the additive manufacturing industry to the height of national strategic development, leading technological innovation and industrialization. The EU and its member states pay attention to the development of metal additive manufacturing technology, and its industrial development and technology application are at the forefront of the world. Russia is actively developing research and application of laser additive manufacturing technology with its technological advantages in the laser field. Japan has spared no effort to revitalize the additive manufacturing industry and reshape the international competitiveness of its manufacturing industry with the help of additive manufacturing technology.

    As can be seen from the figure, the US industry accounted for 40.4% of the global total in 2019, Germany was second only to the US, and China ranked third. As China, which started 3D printing relatively late, in recent years, it has paid close attention to independent innovation and research and development. Although there is still a certain gap with foreign technology, it is also gradually moving towards refinement and professional development. Of course, the huge domestic market potential has also attracted the attention and investment of many foreign 3D printing industry giants, which has further promoted the development of China's 3D printing industry. Japan and the United Kingdom also have a certain scale in the field of 3D printing materials and equipment, accounting for 8.2% and 6.3% of the global industry scale respectively.

    Chart 2: Regional structure of the global 3D printing industry in 2019 (unit: %)

    ——Policy to accelerate 3D printing industry

    In February 2020, my country issued the "Action Plan for Pilot Additive Manufacturing Standards (2020-2022)", proposing that by 2022, a new standard system for additive manufacturing based on national conditions and internationally connected will be basically established. Promote the formulation of 2-3 my country's superior additive manufacturing technologies and standards as international standards, and the conversion rate of international standards for additive manufacturing will reach 90%.

    Chart 3:

    Policy Interpretation In recent years, the application of 3D printing in my country has been deepening, and it has been widely used in aerospace, automotive, shipbuilding, nuclear industry, molds and other fields. 3D printing technology has become an important technical means for the repair and remanufacturing of direct manufacturing machines in aerospace and other fields. It has become an important realization method for product design and rapid prototyping in fields such as automobiles, ships, nuclear industry, and molds.

    From 2017 to 2020, the scale of my country's 3D printing industry is increasing year by year, and the growth rate is slightly faster than the overall growth rate of the world, so that the proportion of my country's 3D industry in the world is increasing. In 2019, the scale of China's 3D printing industry was 15.75 billion yuan, an increase of 31.1% over the previous year. It is preliminary estimated that the scale will exceed 20 billion yuan in 2020.

    Figure 4: 2017-2020 China's 3D printing industry scale analysis (unit: 100 million yuan, %)

    ——Equipment-oriented, materials and services are equally divided

    According to the "Global and China 3D Printing Industry Data in 2019" released by CCID Consulting in March 2020, in 2019, China's 3D printing equipment industry has a scale of 7.086 billion yuan, accounting for the highest proportion, reaching 45%; 3D printing service industry The scale is 4.567 billion yuan, accounting for 29%; the scale of the 3D printing materials industry is 4.094 billion yuan, accounting for 26%.

    Figure 5: China's 3D printing industry structure in 2019 (unit: 100 million yuan, %)

    Second, regional development analysis

    ——Industry scale perspective

    In 2019, due to the outstanding 3D printing equipment and service capabilities in Central South and East China, the industrial scale distribution ranked first and second in the country, accounting for 37.2% and 32.6% respectively. In North China, due to outstanding 3D printing materials and service capabilities, the industrial scale ranks third in the country, accounting for 12.4%.

    Figure 6: China's 3D printing industry scale distribution in 2019 (unit: %)

    ——Capital perspective

    3D printing concept stocks: the most in Guangdong Province

    According to the 3D printing concept stock query of Lushen listed companies, as of August 31, 2020, there are a total of 50 3D printing concept listed companies, of which Guangdong Province leads the country, and there are 10 listed companies related to 3D printing concepts; It is 7 in Jiangsu Province.

    Figure 7: As of the end of August 2020, 3D printing listed companies in the region TOP10 distribution (unit: home)

    Figure 8: Summary of listed companies related to 3D printing concepts as of the end of August 2020

    3D printing financing event: Guangdong Province takes the lead

    According to the investment event database of Enniu Data, as of the end of August 2020, there were 271 3D printing-related investment and financing incidents in China, of which 65 occurred in Guangdong, accounting for 24% of the total number of investment and financing incidents; followed by The 50 cases in Beijing accounted for 18.5% of the total number of investment and financing events.

    Figure 9: Regional distribution of 3D printing investment events as of the end of August 2020 (unit: %)

    Exhibit 10: Summary of 3D printing investment events since 2020

    ——Industrial park perspective: Guangdong and Zhejiang are on the same level

    As of the end of August 2020, my country has 19 3D printing industrial parks, including 3 in Guangdong and Zhejiang, 2 in Shaanxi and Jiangsu, and most other cities have only one 3D printing industrial park.

    Figure 11: 3D printing industry park summary as of the end of August 2020

    ——Enterprise Quantity Perspective

    Enterprises are concentrated in East China and Central South

    According to the "Global and China 3D Printing Industry Data in 2019" released by CCID Consulting in March 2020, in 2019, East China is the main gathering area for Chinese 3D printing companies, accounting for 42.4% of the country. There are also outstanding enterprises in Central South, North China, Southwest and other regions, accounting for 23.8%, 13.9% and 8.4% of corporate resources respectively.

    Figure 12: Regional structure of China's 3D printing industry enterprises in 2019 (unit: %)

    According to the "Qicha Mao" search in the forward-looking enterprise database, as of the end of August 2020, there will be more than 5,800 new 3D printing-related companies in 2020, but only more than 3,700 in 2019. Among the newly added companies, there are 2,600 Yu Jia has registered status in Guangdong. In 2020, 3D printing companies in Central and South China have sprung up, surpassing East China to become the region with the largest number of 3D printing related companies. On the whole, 3D printing companies are still concentrated in East China and Central South.

    Figure 13: Regional structure of China's 3D printing industry enterprises in 2020 (unit: %)

    Note: 1) The statistical time is as of the end of August 2020. 2) The data search scope is "the scope of business includes 3D printing surviving and operating companies".

    3D printing equipment companies: Guangdong takes the lead

    According to the "Qicha Mao" search in the forward-looking enterprise database, as of the end of August 2020, my country's 3D printing equipment is mainly distributed in Guangdong, Shandong and Jiangsu. Guangdong has 1,315 3D printing equipment related companies, and Shandong and Jiangsu have 577 and 564 respectively.

    Figure 14: Regional structure of China's 3D printing equipment enterprises in 2020 (unit: %)

    Note: 1) The statistical time is as of the end of August 2020. 2) The data search scope is "the business scope contains the surviving and operating enterprises of 3D printing equipment"

    Chart 15: 2020 China's top 10 3D printing equipment companies (unit: home)

    3D printing service: Jiangsu tops the list

    According to the "Qicha Mao" search in the forward-looking enterprise database, as of the end of August 2020, my country's 3D printing services are mainly distributed in Jiangsu, Zhejiang and Shaanxi. Jiangsu has 662 3D printing service related companies, followed by Zhejiang and Shaanxi, with 497 and 430 respectively.

    Figure 16: Regional structure of China's 3D printing service enterprises in 2020 (unit: %)

    Note: 1) The statistical time is as of the end of August 2020. 2) The data search scope is "the scope of business includes the surviving and operating companies of 3D printing services"

    Figure 17: 2020 China's top 10 3D printing service companies (unit: home)

    3D printing materials: Guangdong stands out from the crowd

    According to the "Qicha Mao" search in the forward-looking enterprise database, as of the end of August 2020, my country's 3D printing materials are mainly distributed in Guangdong, Jiangsu and Shandong. Guangdong has 160 companies related to 3D printing materials, followed by Jiangsu and Shandong, with 57 and 54 companies respectively.

    Figure 18: Regional structure of China's 3D printing material companies in 2020 (unit: %)

    Note: 1) The statistical time is as of the end of August 2020. 2) The data search scope is "the business scope contains the surviving and operating companies of 3D printing materials"

    Figure 19: Regional distribution of China's TOP8 3D printing material companies in 2020 (unit: home)

    3. Forward-looking view: Guangdong is the C position in the 3D printing industry

    Whether it is from the perspective of industry scale, capital, industrial park, or number of companies, the performance of the 3D printing industry in Guangdong Province leads the country.

    Figure 20: Regional Distribution of China's 3D Printing Industry

    The above data comes from "China's 3D printing industry Market Demand and Investment Prospect Analysis Report", and the Prospective Industry Research Institute provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.

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