MakerBot was founded in 2009 and is based in Brooklyn and has become a world leader in the field of desktop 3D printing. Named as one of the top 20 startup companies from New York City MakerBot's market share was 21.6% in 2011. The estimated market share of at MakerBot 3D printer is currently at 25%. About 15,000 MakerBot desktop 3D printers are being used by engineers, architects, designers, researchers and makers. MakerBot was honored among others by TIME Magazine as one of the best inventions of 2012.