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Xometry, Inc. - Class A Common Stock (XMTR)

19.43
-2.23 (-10.30%)
NASDAQ · Last Trade: Apr 5th, 7:36 PM EDT
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Competitors to Xometry, Inc. - Class A Common Stock (XMTR)

Fictiv

Fictiv and Xometry are direct competitors in the digital manufacturing landscape, providing a platform to source custom parts. Both companies emphasize technology and automation for streamlining the manufacturing process. However, Fictiv tends to focus more on their quality assurance processes and customer experience, which appeals to clients looking for highly precise manufacturing solutions. This strong emphasis on quality assurance may provide Fictiv with a competitive advantage in industries where accuracy is critical.

MakerBot

MakerBot primarily focuses on accessible 3D printing solutions for designers and engineers, catering to an audience seeking in-house fabrication capabilities. While Xometry appeals more to companies looking for outsourced manufacturing services, MakerBot’s edge lies in its community-driven approach and their extensive range of 3D printers that allow for creative projects and prototyping at a lower cost. This strategy can attract smaller businesses and hobbyists, though Xometry may lead in scalability and production volume.

Protolabs PRLB -4.90%

Protolabs and Xometry both operate in the on-demand manufacturing space, specializing in rapid prototyping and low-volume production. While Xometry offers a wider range of manufacturing options, including CNC machining, 3D printing, and injection molding, Protolabs focuses heavily on providing fast turnaround times and a streamlined online design interface. Protolabs has established a strong brand reputation for speed and reliability, which can give them a competitive edge in markets demanding quick prototypes.

Shapeways

Shapeways primarily competes with Xometry by focusing on 3D printing services, providing a platform that allows users to create, print, and sell their 3D designs. While Xometry offers a broader spectrum of manufacturing processes, Shapeways has cultivated a niche community of designers and creators, establishing strong customer loyalty and a user-friendly interface that encourages innovation among users. Their specialized approach in the 3D printing domain gives Shapeways an advantage in that specific market segment.