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Tuan TranPhamtuan@tranpham.com | @ttranpham | www.tranpham.com |
TranPham Journey3D
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 17-APR-2015 | Ver. 1
2003-2010 2010-2012
2012-2013 2013-2013
2013-2014 ‘04 - Current
(ZPrinter Sales
Asia Pacific)
(Built NA Referral
Agent Channel)
(via Merger)
(Metal 3DP Sales
in North America)
(Global Sales of 3D
Rendering Software)
(ProJet & BFB
Sales in USA)
The Early Days
Tuan TranPham
Source: EOS GmbH (2004)
(EOSINT M160 in 1994)
Time line
Tuan TranPham
Source: Deloitte
(Top7)
(Top5)
TranPham Matrix
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 11-SEP-2013 | Ver. 7
3D Scan-2-Print Process
TranPham Metals
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-NOV-2013 | Ver. 2
46%
17%
10%
9%
6%
(OEM)
Tuan: Less than 2% of all Industrial 3DP
(1,000 units out of 55,000+)
(VAR)
<DMLS>“DMLS”
“DMLS”
“DMLS”
[EBM]
<3DP> <3DP>
Germany Germany
Germany USA
USA
FRANCE (US)
Germany
Sweden
B4 2013
Install Base & Verticals
Tuan TranPham
“Incubator”
“Research”
TranPham Mix (7 M’s)
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-NOV-2013 | Ver. 1
Image credit: 3D Systems & Luxion, maker of KeyShot 3D Rendering
(1)
Machines
[Metal]
(2)
Material
[Consumable]
(4)
Maintenance
[Service]
(3)
Models
[Parts]
(5)
Modeling
[CAD software]
(7)
Membership
[Ecosystem & P-P-C]
(6)
Meshing
[Scanning]
Metal Landscape
Tuan TranPham
Source: Company Data & Credit Suisse research
#4
#1
#2
Exclusive
#3
TranPham Metal-Xtuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1
1. Norsk Titanium / NTi
Direct Energy Deposition
1. Optomec / LENS
2. BeAM
3. RPM
4. DM3D
5. SISMA
6. Farsoon
7. Toshiba
[in-DIRECT][DIRECT]
1. SCIAKY
Direct Energy Deposition
Direct Energy Deposition
1. N/A (opportunity?)
Powder Bed Fusion
1. EOS (Germany)
2. Concept Laser (Germany)
3. SLM solutions (Germany)
4. 3D Systems (USA)
Phenix/Layerwise
5. Renishaw (UK)
6. Realizer (Germany)
1. ARCAM (sole)
Powder Bed Fusion
Powder Bed Fusion
PLASMA ARC
ELECTRON
BEAM
LASER BEAM
INKJET
IN-DIRECT
MOLTEN
ULTRA-Sonic
COLD-SPRAY
1. EXONE / 2. VOXELJET 1. VIRIDIS3D (Robotics)
Desktop METAL, Vader Systems
1. XJET
TranPham Overview
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 3
Other: DM3D, Optomec, Sciaky, Trumph, 3D Micro Print, etc.
2000R RenAM 500
SLM50
280
320
M100
TranPham Positioning
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1
* TranPham “PBF” *
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
TI64
IN718
CoCr
TiAl
Aluminum
Maraging steel
IN625
Stainless
Gold
EBM
Laser
1/2/Quad Beams
200W/400W/1000W
2 Cu/Hour
Nitrogen/Argon
Un-heated chamber
Non-Stackable
15-45 micron
TI64 (OEM): $500/Kg
HIGH Residual Stress
20µ Layers
No-Pre Heat
“Anchors”
Electron
50+ Beams
3,000W
5 Cu/Hour
Vacuum
Heated Chamber
Stackable (build)
45-106 micron
TI64: $200/Kg
LOW Residual stress
50µ Layers
Pre-Heat (support)
“Heat-sink”
Skip H/T (just HIP)LBM
(DMLS/DMLM/SLM)
Materials & Industries
TranPham Materials
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
Process
Plastic
Rapid Prototyping Rapid Tooling Rapid Manufacturing
Kevlar
Carbon Fiber
Graphene
Ceramic
Metal
MaterialStrength
TranPham Metal Map
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
TranPham M&A
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1
3D Systems………………MM/Paramount
Layerwise/Phenix
Stratasys ...……Harvest/Solid Concepts
ARCAM ………..DiSanto
GE Aviation ………….Morris/Avio Aero
MOOG …………………Linear Mold
ALCOA …………………RTI/DirectedMFG.
Insight Cap………………MB CalRAM
Protolabs ………………. Fineline
Autodesk ……………..FIT
Farsoon ……………………….Prodways
Sisma ………………………………TRUMPF
Incodema3D
Baker Aerospace
LAI International
Xometry
Sintavia
Addaero-MFG
Morf3D
C&A Tools
GPI
3DX
i3DPmfg
DRT
CITIM
QMT
RP+M
Readiness
Tuan TranPham
Source: Expert Interviews & RolandBerger
Aerospace (FAA)
Tuan TranPham
Source: GE Aviation (Avio Aero), Rolls-Royce & Airbus
TranPham Motivation
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 17-APR-2015 | Ver. 1
Performance
Cost reduction
T-T-M
Process reduction
Flexible manufacturing
Skip Tooling
QM traceability
Simplify supply-chain
Lighter
Merged Assembly
TranPham Variables
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
Additive Designs (2)
Design Considerations
Modeling = Add Lattice/Topology
NetFabb
Fix => Structure => Build Proc.
3D-Printing/Additive
Subtractive
Deskarts
Magics
Uformia
Structures
FIT
SolidThinking
Autodesk WithinLab
HyperWorks
Metal Growth
Tuan TranPham
Source: Wohlers Associates, VDW, Expert Interviews & RolandBerger
Units: 200 => 350 => 650 => ??
~ 30%
~ 51%
3D-Printing Growth
Tuan TranPham
• Still lots of challenges !!!
$8B?
TranPham 3.rd Wave
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
FDM:
SLA/DLP:
DMLS:
2008 2012 (2015) 2016
200+
20+
10+
Time
RM
RT
RP
Industrial
ProSumer
Consumer
TranPham Entrants
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1
Top6
XJET
$25M+
Desktop METAL
$14M+
VELO3D
$22M+
MatterFAB
$5M+
Aurora Labs
Vader
Systems
$1M=
TranPham Drivers
Tuan TranPham
• Switch from Validation to Production (more components).
• More “Additive – Friendly” 3D CAD content creation.
• New (affordable) Material Options hence more new verticals.
• Advanced “Quality Management” systems.
• Machine Improvements (faster) and new Features.
• New Entrants: “Professional” Metal 3DP players ( $50K - $250K).
“Production” Metal ASP ~ $600K
TranPham Growth
Tuan TranPham
tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
1,000
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
2012 2013 2014 2015e 2016e 2017e 2018e
+1,000
+1,000
10% 25% 51% (Metal of Total 3DP $$$)
1. Hardware
2. Material
3. Software
4. Maintenance
5. Service/Parts
650+
Last 20+ years | Last 2 years | This Year
(3.rd Wave)
51%
Within 3-5 years,
Metal will be over
Half of the entire
3DP industry $$$
200+
350+
350
161
102
100
58
250 Mix
Tuan TranPhamtuan@tranpham.com | @ttranpham | www.tranpham.com |
Tuan TranPham
BACK-UP
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights
TranPham 2016 Metal 3D Printing Insights

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TranPham 2016 Metal 3D Printing Insights

  • 1. Tuan TranPhamtuan@tranpham.com | @ttranpham | www.tranpham.com |
  • 2. TranPham Journey3D Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 17-APR-2015 | Ver. 1 2003-2010 2010-2012 2012-2013 2013-2013 2013-2014 ‘04 - Current (ZPrinter Sales Asia Pacific) (Built NA Referral Agent Channel) (via Merger) (Metal 3DP Sales in North America) (Global Sales of 3D Rendering Software) (ProJet & BFB Sales in USA)
  • 3. The Early Days Tuan TranPham Source: EOS GmbH (2004) (EOSINT M160 in 1994)
  • 4. Time line Tuan TranPham Source: Deloitte (Top7) (Top5)
  • 5. TranPham Matrix Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 11-SEP-2013 | Ver. 7 3D Scan-2-Print Process
  • 6. TranPham Metals Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-NOV-2013 | Ver. 2 46% 17% 10% 9% 6% (OEM) Tuan: Less than 2% of all Industrial 3DP (1,000 units out of 55,000+) (VAR) <DMLS>“DMLS” “DMLS” “DMLS” [EBM] <3DP> <3DP> Germany Germany Germany USA USA FRANCE (US) Germany Sweden B4 2013
  • 7. Install Base & Verticals Tuan TranPham “Incubator” “Research”
  • 8. TranPham Mix (7 M’s) Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-NOV-2013 | Ver. 1 Image credit: 3D Systems & Luxion, maker of KeyShot 3D Rendering (1) Machines [Metal] (2) Material [Consumable] (4) Maintenance [Service] (3) Models [Parts] (5) Modeling [CAD software] (7) Membership [Ecosystem & P-P-C] (6) Meshing [Scanning]
  • 9. Metal Landscape Tuan TranPham Source: Company Data & Credit Suisse research #4 #1 #2 Exclusive #3
  • 10. TranPham Metal-Xtuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1 1. Norsk Titanium / NTi Direct Energy Deposition 1. Optomec / LENS 2. BeAM 3. RPM 4. DM3D 5. SISMA 6. Farsoon 7. Toshiba [in-DIRECT][DIRECT] 1. SCIAKY Direct Energy Deposition Direct Energy Deposition 1. N/A (opportunity?) Powder Bed Fusion 1. EOS (Germany) 2. Concept Laser (Germany) 3. SLM solutions (Germany) 4. 3D Systems (USA) Phenix/Layerwise 5. Renishaw (UK) 6. Realizer (Germany) 1. ARCAM (sole) Powder Bed Fusion Powder Bed Fusion PLASMA ARC ELECTRON BEAM LASER BEAM INKJET IN-DIRECT MOLTEN ULTRA-Sonic COLD-SPRAY 1. EXONE / 2. VOXELJET 1. VIRIDIS3D (Robotics) Desktop METAL, Vader Systems 1. XJET
  • 11. TranPham Overview Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 3 Other: DM3D, Optomec, Sciaky, Trumph, 3D Micro Print, etc. 2000R RenAM 500 SLM50 280 320 M100
  • 12. TranPham Positioning Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1
  • 13. * TranPham “PBF” * Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2 TI64 IN718 CoCr TiAl Aluminum Maraging steel IN625 Stainless Gold EBM Laser 1/2/Quad Beams 200W/400W/1000W 2 Cu/Hour Nitrogen/Argon Un-heated chamber Non-Stackable 15-45 micron TI64 (OEM): $500/Kg HIGH Residual Stress 20µ Layers No-Pre Heat “Anchors” Electron 50+ Beams 3,000W 5 Cu/Hour Vacuum Heated Chamber Stackable (build) 45-106 micron TI64: $200/Kg LOW Residual stress 50µ Layers Pre-Heat (support) “Heat-sink” Skip H/T (just HIP)LBM (DMLS/DMLM/SLM)
  • 15. TranPham Materials Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2 Process Plastic Rapid Prototyping Rapid Tooling Rapid Manufacturing Kevlar Carbon Fiber Graphene Ceramic Metal MaterialStrength
  • 16. TranPham Metal Map Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
  • 17. TranPham M&A Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1 3D Systems………………MM/Paramount Layerwise/Phenix Stratasys ...……Harvest/Solid Concepts ARCAM ………..DiSanto GE Aviation ………….Morris/Avio Aero MOOG …………………Linear Mold ALCOA …………………RTI/DirectedMFG. Insight Cap………………MB CalRAM Protolabs ………………. Fineline Autodesk ……………..FIT Farsoon ……………………….Prodways Sisma ………………………………TRUMPF Incodema3D Baker Aerospace LAI International Xometry Sintavia Addaero-MFG Morf3D C&A Tools GPI 3DX i3DPmfg DRT CITIM QMT RP+M
  • 18. Readiness Tuan TranPham Source: Expert Interviews & RolandBerger
  • 19. Aerospace (FAA) Tuan TranPham Source: GE Aviation (Avio Aero), Rolls-Royce & Airbus
  • 20. TranPham Motivation Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 17-APR-2015 | Ver. 1 Performance Cost reduction T-T-M Process reduction Flexible manufacturing Skip Tooling QM traceability Simplify supply-chain Lighter Merged Assembly
  • 21. TranPham Variables Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2
  • 23. Design Considerations Modeling = Add Lattice/Topology NetFabb Fix => Structure => Build Proc. 3D-Printing/Additive Subtractive Deskarts Magics Uformia Structures FIT SolidThinking Autodesk WithinLab HyperWorks
  • 24. Metal Growth Tuan TranPham Source: Wohlers Associates, VDW, Expert Interviews & RolandBerger Units: 200 => 350 => 650 => ?? ~ 30% ~ 51%
  • 25. 3D-Printing Growth Tuan TranPham • Still lots of challenges !!! $8B?
  • 26. TranPham 3.rd Wave Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2 FDM: SLA/DLP: DMLS: 2008 2012 (2015) 2016 200+ 20+ 10+ Time RM RT RP Industrial ProSumer Consumer
  • 27. TranPham Entrants Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 1 Top6 XJET $25M+ Desktop METAL $14M+ VELO3D $22M+ MatterFAB $5M+ Aurora Labs Vader Systems $1M=
  • 28. TranPham Drivers Tuan TranPham • Switch from Validation to Production (more components). • More “Additive – Friendly” 3D CAD content creation. • New (affordable) Material Options hence more new verticals. • Advanced “Quality Management” systems. • Machine Improvements (faster) and new Features. • New Entrants: “Professional” Metal 3DP players ( $50K - $250K). “Production” Metal ASP ~ $600K
  • 29. TranPham Growth Tuan TranPham tuan@tranpham.com | www.tranpham.com | @ttranpham | 12-APR-2016 | Ver. 2 1,000 0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 2012 2013 2014 2015e 2016e 2017e 2018e +1,000 +1,000 10% 25% 51% (Metal of Total 3DP $$$) 1. Hardware 2. Material 3. Software 4. Maintenance 5. Service/Parts 650+ Last 20+ years | Last 2 years | This Year (3.rd Wave) 51% Within 3-5 years, Metal will be over Half of the entire 3DP industry $$$ 200+ 350+ 350 161 102 100 58 250 Mix
  • 30. Tuan TranPhamtuan@tranpham.com | @ttranpham | www.tranpham.com |