This article presents a quarterly round-up of the latest trends in the technology industry regarding 3D printing. It provides an overview of recent developments in 3D printing-related deals, talent acquisition, and patent filings within the technology industry.

Diverse applications of 3D printing in technology industry

Technology companies like Siemens AG, HP Inc, and Jabil Inc are leveraging new 3D printing technologies to innovate and improve their businesses. Siemens AG's patent focuses on detecting defects in 3D printers using advanced imaging techniques. HP Inc's patent involves printing porous structures by layering interconnected metal networks. Jabil Inc's patent introduces ultra-fine jetted material for additive manufacturing. These patents showcase the companies' commitment to pushing the boundaries of 3D printing technology. By acquiring and implementing these patents, the companies can enhance their manufacturing processes, improve product quality, and potentially reduce production costs. Overall, these advancements in 3D printing technologies offer exciting opportunities for the acquirers to stay competitive and drive innovation in the industry.

The industry experienced a 15% decline in the number of 3D printing-related patent applications in Q4 2023 compared with the previous quarter. On an annual basis, the number of 3D printing-related patent applications in the technology industry witnessed a drop of 5% compared with Q4 2022.

Strategic deal trends in 3D printing in technology industry

Technology companies are not only focusing on innovation to enhance their patent portfolios but are also making strategic investments in 3D printing. These investments aim to secure lucrative deals with partners and position themselves at the forefront of industry advancements. Some of the recent deals underscore the importance of 3D printing in the technology industry.

In Q4 2023, the number of 3D printing-related deals in the technology industry declined by 32% compared with Q4 2022. On a quarterly basis, there was 53% increase in the number of deals in Q4 2023 compared with the previous quarter.

Impact on hiring

In terms of new job posting, in Q4 2023, the technology industry experienced a 0.11% growth compared with the previous quarter. On an annual basis, job postings also declined by 44%. Notably, computer and mathematical occupations, with a share of 27%, emerged as the top 3D printing-related job roles within the technology industry in Q4 2023, with new job postings rising by 35% quarter-on-quarter. Architecture and engineering occupations came in second with a share of 19% in Q4 2023, with new job postings dropping by 30% over the previous quarter. The other prominent 3D printing roles include management occupations with a 10% share in Q4 2023, and business and financial operations occupations with a 4% share of new job postings.

Stratasys, HP, Accenture, Faro Technologies, and Nvidia are among the top companies leading in 3D printing hiring within the technology industry.

Countries driving adoption of 3D printing in technology industry

China is the leading country in 3D printing adoption within the technology industry, boasting the highest number of 3D printing-related patents, jobs, and deals. Meanwhile, the US, the UK, Japan and South Korea also maintain significant positions in 3D printing adoption within the technology industry.

3D printing's transformative impact on the technology industry is evident through innovations by companies such as Siemens AG, HP Inc, and Jabil Inc. Despite a recent decline in patent applications and deals, increased hiring and global adoption, especially in China, underscore the continued importance of advancing additive manufacturing for future technological breakthroughs.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData patent analytics tracks patent filings and grants across companies and themes. Proprietary databases on deals and job analytics are used to respectively monitor global deal activity and uncover insights from daily job postings to identify trends, company activities, and industry dynamics across different sectors globally.