The 3D printing system, dubbed the HP Jet Fusion 3D Printing Solution, targets additive manufacturing and the enterprise. The catch: The competition isn't standing still and HP's initial system will be available later in 2016 with a followup in 2017.
3D printing has primarily been a technology for enterprises making prototypes. Can a toymaker create buzz on the consumer end of the equation?
A trio of 3D printing manufacturers are making moves that boost adoption for additive manufacturing systems.
HP has built out an ecosystem and channel for its 3D printing business and is now seeing repeat orders. Next up: A lower cost 3D printing system for mechanical color and metal parts.
Stratasys has cut the 3D printing prototyping process dramatically with the launch of its J750 system. The 3D printer may just boost growth and leave rivals scrambling.
As for the returns on investment, Volkswagen Autoeuropa estimates that it saved $160,000 in 2016 with $200,000 expected in 2017 via Ultimaker 3D printers.
3D printing and additive manufacturing companies are betting industry-specific use cases can juice growth. 3D Systems is targeting the dental industry.
Stratasys is streamlined workflow from about 7 steps to two and added more color management tools via a partnership with Adobe.
The two companies will integrate Siemens NX with HP's 3D printing systems.
3D Systems said sales will be about $183 million in the fourth quarter, which is well above estimates.