Menu
HP’s 3D printing move creates market buzz

HP’s 3D printing move creates market buzz

Undoubtedly the biggest news in the 3D printing space has been HP’s announcement that it will enter this growing market, which has created a "huge buzz".

Canalys estimates that some 33,000 3D printers were shipped worldwide in the third quarter of 2014, representing quarter-on-quarter growth of 4%.

According to the analyst firm, revenue from printers, materials and services grew 9% on the back of strengthening global demand.

In terms of printer shipments, the consumer sector experienced large sequential growth for yet another quarter, up 16% worldwide.

“These results are extremely encouraging for the future of the 3D printing industry,” says Joe Kempton, Research Analyst, Canalys.

“Most of the major 3D printing companies had positive growth rates and will be looking to reinvest their profits to fuel further growth.”

The consumer market is growing fastest, as 3D printer prices have continued to fall and the technology has rapidly improved.

As a result, Canalys estimates that 73% of 3D printers shipped in Q3 2014 were priced, pre-tax, at under US$10,000.

“The rise in cheaper, consumer-oriented products is further proof that the consumer side of the industry has serious potential, and we expect similar growth rates in the future,” Kempton adds.

“Shipments of Stratasys’ consumer-oriented MakerBot printers have increased dramatically on the same period a year ago.”

Subsequently, Kempton believes this has had a “huge impact” on the market, with Stratasys starting to establish itself as the leading consumer 3D printer vendor.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags HP3d printingCanalys

Featured

Slideshows

Reseller News Platinum Club celebrates leading partners in 2019

Reseller News Platinum Club celebrates leading partners in 2019

The leading players of the New Zealand channel came together to celebrate a year of achievement at the annual Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months.

Reseller News Platinum Club celebrates leading partners in 2019
Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments