Ricoh hopes to enter 3D printing market by 2016

ricoh

Ricoh, Japan’s leading multinational imaging and electronics will set up two offices in Kanagawa Prefecture by the end of September, one in Yokohama and the other in Atsugi, to sell 3D printers supplied by global leader Stratasys, 3D Systems and others. Ricoh will also offer prototype services, where they use 3D printing to create objects based on customer data.

Ricoh hopes to bring its own 3D printers to the market in 2016. The printers are expected to be priced at around 5 million yen to 20 million yen ($46,900 to $187,670) and targeting at the small and medium businesses.

Ricoh aims to reach annual sales of $2.8 billion for its new 3D printer business, including its own products. The company said that it will start research and development of 3D printing technology based on its inkjet and other printing technologies.

Ricoh isn’t the only imaging and electronics company in Japan with big plans for 3D printing; both Canon and Seiko Epson plan to roll out 3D printers within the next five years. Canon has already developed a 3D printer prototype, and is pursuing a high-precision technology for producing complex shapes. Canon Marketing, part of the Canon group, has also joined 3D Systems’ network of resellers to market and sell its professional 3D printers, including its direct metal printers, in Japan.

Seiko Epson, a well-known brand for energy-saving and high-precision home printer, is likely working on developing industrial, multi-material 3D printers for commercial applications – such as in large-scale production environments. Epson expects that it will launch its first industrial 3D printer within 5 years.