3D Systems(DDD), 3D printing is back? turnaround for the sector.
3D systems is a 3D printing company.
The last 3 years ish, has been tough on the 3d printing market, but it seems like the momentum is shifting again.
Going back in time to around 2012 where the hype and the hopes for 3d printing was beginning, looking at almost all the "larger" 3d printing companies increased more than 200%.
So why now start to look into 3d printing companies again you may ask.
Well as stated in the opening line it seems like the momentum and the hype is beginning again.
Some of the key factor for the gaining momentum, is definitely the focus on the aerospace and defense market and the dental market.
For the space and defense market, i believe there is BIG opportunity for 3d printing, imagine having a 3d printer in space, just how much easier would it be to build stuff up there, a whole lot i bet.
The CEO of 3D Systems (DDD) said in their Q1 earnings call that they expect 20 % growth aerospace and defense sector this year and further more in the upcoming years.
I believe 3D printing and in specific 3D systems is turning the back on the past couple of bad years and looking into a bright future, in multiple sectors!
What do you guys think? am i an idiot? or could this be the future and getting the hype back to 3D printing?
FYI i do own shares in 3D systems and has been for the last year or so, but also beginning to look into calls with expiry 2028.