ELEGOO, founded in 2015 and based in Shenzhen, China, is a company known for its affordable and innovative 3D printers and STEM kits. They focus on creating tools that make technology accessible to everyone, from hobbyists to educators. Their products include popular FDM and LCD 3D printers, along with a wide range of accessories like high-quality resins and curing machines.
About ELEGOO
The company has grown considerably and quickly, selling millions of products in nearly 90 countries. By 2023, ELEGOO generated around $200 million in revenue, supported by a team of nearly 700 employees and a large production facility spanning 30,000 square meters of office and manufacturing area combined. Their Mars series of 3D printers stand out for offering high precision and speed at budget-friendly prices, them a favorite for beginners and professionals alike.
The company currently has a strong global presence. It distributes its products through platforms like Amazon, AliExpress, and its website. Its presence can be seen in markets in the U.S., Europe, Asia, and beyond. In recent years, ELEGOO has positioned itself as a leader in 3D printing and smart tech, allowing users to easily their ideas into reality.
Interview with Kevin Wang, Co-Founder and Vice-President of ELEGOO
In this article, we’ve interviewed with Co-Founder and Vice-President of ELEGOO, Kevin Wang. He shares some unique insights into the company’s philosophies and gives us more details about its exciting products and future.
How do you see the future of 3D printing evolving, particularly in terms of materials and technology?
A: The future of 3D printing is about smarter technology, broader applications, and, most importantly, being as user-friendly as an inkjet printer. At Elegoo, we’re integrating AI and IoT to enhance performance and user experience, working with top tech and AI companies to drive innovation.
We also envision 3D printing empowering small businesses like 3D print farms, enabling easy mass production of customized products. As the industry shifts from prototyping to manufacturing end-use parts, we’re expanding into sectors like gaming, home decor, jewelry, and fashion.
On the materials side, we’re strengthening our in-house team to develop materials tailored to specific needs across various applications, making 3D printing even more versatile and impactful. Users can expect even more exciting advancements and possibilities from Elegoo shortly.
How do you see 3D printing impacting traditional manufacturing industries in the next decade?
Traditional manufacturing, like injection molding, is getting more efficient, and 3D printing isn’t here to replace it. Instead, it excels at producing customizable parts or other specialized items that traditional methods can’t easily match.
At Elegoo, we focus on making 3D printing accessible to everyone, not just pros. While we have industrial-grade printers like the Orangestorm Giga, we see 3D printers becoming as common and essential as robot vacuums or drones.
In the next decade, we envision 3D printers being a must-have in homes, just like any other smart device. They’re not just for work – they bring both function and fun, making them perfect for creative spaces or simply relaxing at home. The goal is to make 3D printing something you use daily, with convenience and versatility.
Can you discuss the role of artificial intelligence in optimizing 3D printing processes and designs?
We’re excited about the future of 3D printing becoming as common in households as other consumer technologies. The integration of AI holds great promise for breaking down barriers, especially for those unfamiliar with 3D modeling. We’re actively exploring AI-driven advancements to enhance the user experience, making 3D printing more intuitive and unlocking new avenues for creativity.
We also integrate AI into products like our best-selling Saturn 4 Ultra. It’s equipped with AI camera detection, enabling real-time monitoring and recording of the printing process, providing added convenience and control.
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How do you envision the integration of 3D printing technology in sectors like healthcare and aerospace evolving?
At Elegoo, our focus is on the consumer market, but it’s exciting to see that our products are also being used by major corporations in sectors like healthcare and aerospace. For example, in the healthcare sector, our high-precision resin 3D printers like the Saturn and Mars series are being used to produce detailed dental models, including those for orthodontics, in a much faster and more cost-effective way.
What are some lesser-known applications of 3D printing that you believe will gain traction shortly?
One lesser-known application of 3D printing is in the food industry, where some users are using our resin printers to create intricate molds for chocolate, an innovative and creative use of the technology.
Another area gaining traction is fashion or fashion tech. At this year’s Formnext in Frankfurt, we had the pleasure of hosting Anouk Wipprecht, a renowned Dutch designer and engineer, who debuted her robotic, open-source Scale Dress. The dress featured 3D printed parts made with our Neptune series printers, allowing for customization. It was a great example of how 3D printing is increasingly making its mark in the fashion world.
What future trends do you anticipate will shape the landscape of 3D printing over the next five years?
Key trends include faster printing speeds, larger print sizes, more diverse materials, and smarter functionalities. At Elegoo, we’re focused on smart technology, leveraging AI and IoT to streamline operations and improve user experience. Our devices support seamless connectivity for enhanced print precision and success evaluation. We’re collaborating with major tech and AI companies to further innovate our products.
Additionally, we see 3D printers becoming household staples, similar to smart home devices. The rise of 3D print farms will empower small businesses to mass-produce customized products easily.
Lastly, as 3D printing transitions from prototyping to producing end-use parts, we’re expanding our focus beyond hobbyists to include industries like gaming, home decor, jewelry, and fashion design.
Can you discuss any upcoming innovations or features that users can expect in future Elegoo products?
We’re rolling out some exciting innovations at Elegoo. Our new slicing software, Elegoo SatelLite, is coming soon with some great new features to enhance your resin printing experience. Plus, we’ve got the Centauri Carbon, our first Core-XY flagship printer, on the way, packed with advancements to take your 3D printing to the next level. Please stay tuned!
What partnerships or collaborations is Elegoo currently pursuing to advance its technology or expand its market reach?
Last year, we achieved a significant milestone by reaching approximately 200 million USD in revenue, marking a new chapter in our global expansion. We also took another step towards environmental stewardship by partnering with One Tree Planted. Through this initiative, we’ve donated thousands of dollars to support global reforestation efforts, further reinforcing our commitment to a greener planet.
At this year’s Formnext, we launched the ELEGOO With Her Women empowerment program. In collaboration with our software and material partners, we aim to empower more women and girls to get involved in 3D printing. The project is still in the recruitment phase, and we encourage people to sign up and join us in this initiative.
How does Elegoo approach sustainability in its manufacturing processes and product designs?
At Elegoo, we’re deeply committed to sustainability and reducing our environmental footprint. Our commitment to the environment is reflected in our product offerings. We provide Elegoo Plant-Based Resin, primarily made from soybean, ensuring it’s BPA-free with minimal odor and almost no pungent fumes. We’ve also introduced Elegoo PLA filaments, a biodegradable material that supports sustainability.
Conclusion
Through this interview, Kevin Wang, Co-Founder and Vice-President of ELEGOO, highlights the company’s rapid growth. He also share insights about its focus on innovation, accessibility, and sustainability in 3D printing. ELEGOO is leveraging cutting-edge technologies like AI and IoT. The goal is to make 3D printing smarter, faster, and more user-friendly, The company is also exploring new applications in industries such as healthcare, aerospace, fashion, and even food.
Of course, sustainability remains a priority, with eco-friendly materials and initiatives like plant-based resins and biodegradable filaments. Looking ahead, ELEGOO aims to integrate 3D printing into everyday life. The company is also making strides in environmental stewardship and gender inclusion through global programs and partnerships. We are excited to see what the company has in tow for the future.
