HP has announced that it will be entering the 3D printing market. The machine which HP is working on for the endeavour is likely to be 10 times faster and 50% cheaper than the current printing machines we have.
The President of research firm Wohler’s Associates, Terry Wholers who is associated with development of this printer was given a demonstration of the system recently. Wohler pointed that the speed, feature details of printed material and colours produced were amazing indeed and that the Multi Jet Fusion printer when ready would be a watershed in the printing market.
HP had been contemplating entering the 3D printing market for over a year and with the company finally making a debut in 3 D printing, other manufactures of 3 D printing machine are keeping their fingers crossed.
It is not as if HP is the only company to produce 3D printing machine. The market is full of manufacturers and Stratasys is the biggest manufacturer of 3D printers. The company sources at Stratasys point that entry of HP in the market will not make much difference. Instead they see it as a positive development as this will help improve the quality.
3 D printing is still in its nascent stage and the entry of HP in this market will certainly give it a boost. HP claims that with its Multi Jet Fusion technology becoming operational rapid prototyping will be a talk of the past.
Pete Basiliere, the research vice President at Gartner has said that the Multi Jet Fusion technology would be a revolutionary step towards the future and will change the way 3D printing is perceived.