{"id":68589,"date":"2019-07-29T13:12:06","date_gmt":"2019-07-29T05:12:06","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy.3dm"},"modified":"2019-07-29T13:12:06","modified_gmt":"2019-07-29T05:12:06","slug":"3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/","title":{"rendered":"3D printing part of Epson\u2019s $14.9 billion 2025 revenue strategy"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">167<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">124<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">43<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p class=\"p1\"><span class=\"s1\">Japan-based Seiko Epson Corporation has announced that it will be moving into 3D printing as part of its Vision 2025 Strategy to make sales revenue to grow by 50% from 2016. It was also announced that Epson\u2019s robotics, AR, and AI businesses would be expanding. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The company, well known for its 2D printers, has previously hinted at medium to long term ambitions to expand into 3D printing. However, 3D printing were only confirmed last week in Epson president Minori Usui\u2019s announcement at the 35 year anniversary of Epson Singapore. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>A medium term strategy <\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In 2014, <span class=\"s2\">Epson President Minoru Usui stated<\/span><\/span><span class=\"s1\"> that the company was looking at expanding into 3D printing, but emphasised that the focus would be on large-scale and industrial 3D printing, noting that \u201cnot many people need to print a plastic figure.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Usui also asserted that \u201cwhen it comes to 3D printing\u2026 we want our machines to make anything,\u201d hinting at a more nuanced strategy for moving into the additive manufacturing sector. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Earlier this year, a <span class=\"s2\">report on published on Epson Europe&#8217;s website<\/span> argued that according to internal company research, 3D printing was integral to \u201cthe factory of the future.\u201d The report cited advantages including \u201ccustomised manufacturing,\u201d together with &#8220;shorter supply chains&#8221; and \u201clocal advantages\u201d as part of its case for \u201cdisruptive\u201d 3D printing. <\/span><\/p>\n<figure id=\"attachment_123980\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-123980\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg\" alt=\"Epson President Minoru Usui. Photo via Epson.\" width=\"1024\" height=\"685\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-770x515.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-200x134.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-500x334.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Epson President Minoru Usui. Photo via Epson.<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\"><b>Investment in R&amp;D<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Days prior to Usui\u2019s Singapore address, it was also announced that Epson would be investing approximately 16 billion Yen ($140.3 million) into a new \u201cInnovation Centre B\u201d at its Hirooka Office in Japan.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The centre would include \u201cfactory for prototyping and volume-producing large commercial and industrial printing systems\u201d and a \u201ctest laboratory for digital textile printing\u201d, with the aim of growing its \u201cprinting solutions business\u201d in response to \u201cthe expansion of key markets.\u201d<\/span><\/p>\n<figure id=\"attachment_123974\" style=\"width: 940px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-123974\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/epson-shutterstoc.jpg\" alt=\"\" width=\"940\" height=\"587\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/epson-shutterstoc.jpg 940w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/epson-shutterstoc-770x481.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/epson-shutterstoc-200x125.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/epson-shutterstoc-500x312.jpg 500w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><figcaption class=\"wp-caption-text\">3D printing is to form part of Epson&#8217;s growth strategy alongside robotics and AR. Photo via Epson.<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\"><b>3D printing as part of a ten year plan<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Epson\u2019s target revenue for 2025 is 1.7 trillion Yen ($14.9 billion), a 50% increase on the revenue from 2016. Speaking at the event, Usui affirmed Epson\u2019s <span class=\"s2\">corporate vision for 2025<\/span>, \u201cto create a new age of connected people, things and information with efficient, compact and precision technologies for sustainable growth.\u201d<br \/>\n<\/span><span class=\"s1\"><br \/>\n<\/span><span class=\"s1\">Usui also affirmed Epson\u2019s focus on industrial 3D printing, stating that \u201cone of our goals for digital printing technology is the ability to print any materials&#8230;we are working on 3D printing that can work on a variety of printing material with high accuracy and productivity.\u201d<br \/>\n<\/span><span class=\"s1\"><br \/>\nWhile extensive details about the printer have yet to be released, it was announced that Epson\u2019s planned 3D printer would have printing speeds of up to 200 ppm.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Among the product announcements for Epson\u2019s AR technologies were the BT-350 and BT-2200 Moverio smart glasses.<\/span><\/p>\n<p><em>For more on the latest 3D printing announcements subscribe to our free <a href=\"\/service\/3d-printing\"> Industry newsletter<\/a><span class=\"s1\">, follow us on <a href=\"https:\/\/twitter.com\/3dprintindustry\"><span class=\"s2\">Twitter<\/span><\/a>, and like us on <a href=\"https:\/\/facebook.com\/3dprintingindustry\"><span class=\"s2\">Facebook<\/span><\/a>.<\/span><\/em><\/p>\n<p><em>Featured image shows Render of Epson&#8217;s new Hirooka Plant. Image via Epson.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>167shares 124 43 0 Japan-based Seiko Epson Corporation has announced that it will be moving into 3D printing as part of its Vision 2025 Strategy to make sales revenue to grow by 50% from 2016. It was also announced that Epson\u2019s robotics, AR, and AI businesses would be expanding. The company, well known for its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182601,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>3D printing part of Epson\u2019s $14.9 billion 2025 revenue strategy - FacFox News<\/title>\n<meta name=\"description\" content=\"167shares124430Japan-based Seiko Epson Corporation has announced that it will be moving into 3D printing as part of its Vision 2025 Strategy to make sales\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3D printing part of Epson\u2019s $14.9 billion 2025 revenue strategy\" \/>\n<meta property=\"og:description\" content=\"167shares124430Japan-based Seiko Epson Corporation has announced that it will be moving into 3D printing as part of its Vision 2025 Strategy to make sales\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T05:12:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"3D printing part of Epson\u2019s $14.9 billion 2025 revenue strategy\",\"datePublished\":\"2019-07-29T05:12:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\"},\"wordCount\":509,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/11\/minoru-1-1024x685.jpg\",\"keywords\":[\"3dprint\",\"3dprinting\",\"business\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\",\"url\":\"https:\/\/facfox.com\/news\/3d-printing-part-of-epsons-14-9-billion-2025-revenue-strategy\/\",\"name\":\"3D printing part of Epson\u2019s $14.9 billion 2025 revenue strategy - 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