Report discussing markets and technology for additively manufactured jewellery available for free download
May 23, 2016
A new report published by Andrew Nyce Associates based in Sarasota, Florida, USA, discusses the Additive Manufacturing of precious metal jewellery, forecasts US retail sales up to 2026 and assess the technological and economic obstacles that must be overcome in order for these forecasted sales to be achieved. The report is now available to download free of charge.
Based upon a market penetration analysis assessing the “Optimistic”, “Pessimistic”, and “Most Likely” US retail sales of 3D-Precious Metal Printing (3D-PMP) jewellery in 2026, Andrew Nyce Associates arrived at the “Most Likely” market forecasts for 3D-PMP platinum, gold, and palladium jewellery.
The US retail sales of platinum, gold and palladium jewellery manufactured by Additive Manufacturing are forecast to reach $234, $35, and $1 million respectively by 2026, However, significant technical barriers remain to be addressed before these sales levels can be attained, the report states.
Using inputs from jewellery industry experts, Andrew Nyce Associates conducted a SWOT Analysis to identify the strengths, weaknesses, opportunities and threats facing the sector.
Both from the interviews and SWOT analysis results, the technical barriers to achieve the 2026 sales levels were identified along with potential ways to overcome these barriers. The eight barriers identified and discussed in the report are:
- unacceptable surface roughness relative to investment castings
- high cost of 3D-PMP machines
- slow build rates
- high inventory costs associated with precious metal alloys powders
- lack of involvement from major integrated jewellery retailers and manufacturers
- lack of real world examples of jewellery designs that can only be made by 3D-PMP
- lack of thin-wall, hollow, and filigree platinum jewellery offered in the US marketplace
- lack of identifiable US sales of 3D-PMP gold, platinum, or palladium jewellery in 2015
The study was carried out under the direction of Andrew Nyce, President of Andrew Nyce Associates. Nyce has over 50 years of experience as a research scientist and engineer, entrepreneur/business owner in advanced and engineering materials based businesses as well as 10 years of experience as a jewellery designer fabricating handmade gold, platinum, palladium, and silver jewellery.
The report, ‘An Assessment of the 2026 U.S. Markets and Technology for Jewellery Manufactured by 3D-Precious Metal Printing (3D-PMP) of Gold, Platinum, and Palladium Powders’ can be downloaded free of charge from the metal-AM website or directly from Andrew Nyce Associates.
For more information email: [email protected]
