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Innovation happens in all areas. A lot of companies from big whig corporations down to the smallest startups, exploit 3D printers for designing new products, enhancing their old models, and improving business processes. With technology becoming more welcomed in enterprises, upgraded resolutions, expanded material choices, and methods and the advancement to run properties, 3-D printing or additive manufacturing stands as a solution in this realm, working on grounds beyond rapid prototyping. This process facilitates product engineers and designers to remold their models easily, quickly, and affordably before entering into the main production using the legacy manufacturing processes.
Enabling a high degree of customization, 3-D printing is at the beginning of entering the mainstream manufacturing processes as companies are now embracing the benefits it offers. It includes streamlining the machining, enhancing product design and development, tooling and fabrication processes, shifting the production to lighter materials and simplifying the assembly of multiple parts in a complex product.
See Also: Manufacturing Outlook
The latest study by PwC, reported that nearly 98 percent of the manufactured hearing aids across the world were produced using 3-D printing, as the process enables cost-effective, precise manufacturing of a unit fitted to the user’s personal ear shape. Also, 3-D printing is used by defense and aerospace manufacturers to make the essential components of airplane and low-scale production parts that need high performance and quality. Analysts are expecting to witness an increase in the use of 3-D printing processes in manufacturing and growth in market value to approximately $33 billion by 2023. With 3-D printing on stand, companies can shift a portion of their manufacturing into an on-demand service offering, providing customers with access to printers and their capabilities. Meanwhile, production waste would be reduced, promoting the efficient use of materials.