Hewlett Packard (HP) is currently prepping its first 3D printer for a mid-2014 launch.
“This is an acorn in 2014 and 2015 with very good long potential. Right, you’ve heard me say we got to plant acorns than they will eventually become oak trees but you should think in 2014 and 2015,” HP CEO Meg Whitman said earlier this week during a quarterly financial analyst conference call quoted by 3Ders.org.
“This is an acorn that maybe has very good long potential but the market is at its earlier stages. There’s a lot of potential to print in ways most consumers and companies would find acceptable.”
Whitman also noted that HP was “excited” about entering the 3D printing market.
“So we intend to play in the 3D printing market because it isn’t adjacency. It’s obviously different than paper printing but some of the technology is the same. And at least as we see here today, we anticipate adding – entering this organically,” Whitman explained. “And what we’re doing is focusing on what’s the value proposition by market segment, whether that be consumer or industrial. We’ve got some very interesting things coming. So stay tuned in 2014.”
As we’ve previously discussed on Bits & Pieces, the DIY Maker Movement has been using Atmel-powered 3D printers like MakerBot and RepRap for some time now. However, 3D printing recently entered a new and important stage in a number of spaces including the medical sphere, architectural arena, science lab and even on the battlefield.
Indeed, the meteoric rise of 3D printing has paved the way for a new generation of Internet entrepreneurs, Makers and do-it-yourself (DIY) manufacturers. So it comes as little surprise that the lucrative 3D printing industry remains on track to be worth a staggering $3 billion by 2016 – and $8.41 billion by 2020