One sure sign that the 3D printing market is heating up, is the fact that new major distributors are seemingly jumping on board, almost on a daily basis. Whenever a new market begins to emerge, resellers and distributors need to carefully calculate when the right time is to get involved. If they jump the gun, and enter the market too early, money and time could be wasted, as warehouse space and company resources are drained. On the other hand, if they wait too long, major opportunities may be missed, as competing suppliers in the market will quickly absorb demand.
The 3D printing market certainly looks like its ready to take off in a big way. Today ScanSource Inc. (Nasdaq:SCSC), a major wholesale distributor of technology products worldwide, with a market cap exceeding $1 billion, announced a partnership with the world’s leading 3D printer manufacturer, 3D Systems (NYSE:DDD). With the partnership, ScanSource will begin offering a range of 3D Systems’ products to its clients, first in America, and then the rest of the world.
“ScanSource has been evaluating the 3D market for quite some time. As the technology and solutions become attractive to a broader end-user customer base and a reseller channel begins to develop, we found the timing to be right and the market to be ready for value-added distribution,” said Mike Baur, CEO, ScanSource, Inc. “As with all of our business offerings, the products and associated services must be a fit with our business model in that the solution needs the value-added services and support that resellers rely on from ScanSource. We look forward to delivering 3D printing solutions to our resellers and are excited to have 3D Systems as a partner, as they are a leader in the market.”
3D Systems has been partnering with several big name distributors over the past year, as they try and expand their footprint, as well as their global distribution network.
“We are thrilled to partner with a distributor of the caliber, size and demonstrated performance of ScanSource,” said Avi Reichental, president and CEO, 3D Systems. “ScanSource brings scalable field coverage together with a unique model of training expertise and experienced field resources that support its growing reseller network, substantially expanding our addressable markets and access to new use cases.”
As competition heats up within the 3D printing space, it will be important for the leaders within the industry to make their products available to the most people possible. Both 3D Systems and ScanSources’ stocks are trading up in early trading this morning. Discuss this distribution agreement at the 3DPB.com forum thread created for this story.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and recieve information and offers from thrid party vendors.
You May Also Like
3D Systems Buys High-Speed 3D Printing Firm dp polar
The 3D printing mergers and acquisitions continue apace. On the heels of Markforged’s buyout of Digital Metal and Nano Dimension’s 12 percent purchase of Stratasys, 3D Systems (NYSE: DDD) has...
New Player in Space: X-Bow’s Test Rocket Reaches Orbit with 3D Printed Motors
Just four months after coming out of stealth mode, space technology company X-Bow Launch Systems successfully launched its first rocket in a test carried out in partnership with the Department...
Sakuu Opens Battery 3D Printing Facility in Silicon Valley
Silicon Valley startup Sakuu is using some of the funds from its total $62 million raised to open a new facility for its battery 3D printing platform. The multi-million-dollar site...
US DoE Awards $3M to Fortify and polySpectra for 3D Printed Tooling
The US Department of Energy (DOE) announced 30 projects that have been selected to receive a total of $57.9 million in grants from the Advanced Manufacturing Office (AMO). Among the...