Z Corporation Leads Rapid Prototyping Market With Highest Growth Rate in the 3D Printing Market
Z Corp.'s Growth Rate for 3D Printers Tops 66 Percent
advertisement
BURLINGTON, Mass., June 30 /PRNewswire/ -- Z Corporation today announced that the 66.2-percent unit growth in 2003 for its line of 3D printers led all major players in the rapid prototyping (RP) industry, according to the findings of Wohlers Report 2004, an annual detailed analysis of the RP industry.
"Z Corp. had an outstanding year when measured by the number of new customers," said Terry Wohlers, president of Wohlers Associates, Inc., which recently published its report at the annual Rapid Prototyping & Manufacturing Conference & Exposition in Dearborn, Michigan. "Z Corp. has established itself as one of the leading companies in the business of manufacturing systems for models and prototype parts and is the undisputed leader in offering the fastest systems on the market," Wohlers stated. "Companies such as Black & Decker, Ford, Lockheed Martin, Motorola, and Nike rely on its machines for the design and manufacture of world-class products."
According to the Wohlers Report, the 3D printer market segment in the RP industry grew from 656 units in 2002 to 1,032 units in 2003, an increase of
57. 3 percent. The report shows that the growth of Z Corp.'s line of 3D printers led the way by jumping from 210 units in 2002 to 349 units in
2003.
"As the rapid prototyping systems manufacturer with the fastest, most cost-effective 3D printers on the market, we are excited about being a leading contributor to the industry growth that's documented in the Wohlers Report," said Tom Clay, Z Corp. president. "At Z Corp., our commitment to innovating new products and technologies, including the development of the fastest 3D printing process, inexpensive prototyping materials, and the industry's only color capabilities, helps our customers to continue to leverage rapid prototyping technology for product development in efficient, cost-effective, and creative ways. Our mission is to provide every user of 3D data with the ability to improve communication by allowing them to hold the real 3D part in their hands. We will provide 3D printing with the speed, cost and accessibility of 2D printing. Our rapid sales growth tells us that the market shares our vision of fast, low-cost 3D printing."
About Z Corporation
Z Corporation develops, manufactures, and markets the world's fastest 3D printers -- machines that produce physical prototypes quickly, easily, and inexpensively from computer-aided design (CAD) data. Numerous Fortune 500 companies use Z Corp.'s 3D printers to produce prototypes as part of the development of a broad range of products. 3D printers provide 3D CAD users with physical prototypes of real-world objects with the speed and ease of desktop printing. Leading manufacturers and centers for research, inclu ding Sony, Fisher-Price, Adidas, Canon, Daimler, Nike, NASA, Lockheed Martin, Northrop Grumman, BMW, Porsche, United Technologies, Ford, DaimlerChrysler, Harvard, MIT and Yale, rely on Z Corp.'s 3D printers to develop world-class products and technologies. Z Corp. holds patents and licenses others from MIT on its proprietary 3D printing materials and equipment, which include the only color printing capabilities in the 3D printing industry.
