)subsidiary recently announced that its 3D printing application
programming interface will now be compatible with
) Windows 8.1. Making 3D printer driver a part of Windows 8.1
enables customers to easily access 3D designs and take prints
like a regular printer.
The MakerBot 3D Printer Driver on Windows 8.1 can also be
accessed with MakerBot Replicator 2 Desktop 3D Printer, which is
highly cost-effective and make professional models in quick time.
Users can also download Windows 8.1 3D printer driver via the
Windows Update Service. Moreover, the combined resources would
improve the products thus leading to increased adoption.
This development is expected to position Stratasys for growth
in the 3D printing space. During the third quarter of 2013, the
company sold 5925 units of 3D printers compared to 1214 units in
the year-ago quarter, primarily due to the MakerBot
According to a recent survey made by Wohlers Associates, the
sale of 3D-printing products and services will reach $6 billion
worldwide by 2017 and $10.8 billion by 2021. The research firm
expects this industry to continue to show double-digit growth
over the next few years.
Over the years, Stratasys' additive manufacturing solutions
have been used by companies in the automotive, aerospace,
defense, electronics, consumer goods, education and other sectors
to improve product designs. Stratasys is also working with the
U.S. Department of Energy to develop AM processes to aid in
The 3D printing business is particularly attractive for
Stratasys because of rival
) decision to quit the market as digital printing was only a
small part of its business.
However, Stratasys is concerned about its high-cost business
model and competition from big and small players like
3D Systems Corp.
). Nonetheless, the acquisition of MakerBot is expected to
improve the growth of its 3D systems business.
The company has a Zacks Rank #3 (Hold).
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