Can 3D Printing Technology Emerge to be an Asset?

Can 3D Printing Technology Emerge to be an Asset?

Manufacturing Technology Insights | Tuesday, August 11, 2020

The printing sector has witnessed massive advancements, but none is more impactful or exciting than the advent of 3D printing.

Fremont, CA: Also known as additive manufacturing, 3D printing has come a long way since it was first developed. As the potential applications for 3D printing increases, companies are starting to find ways to develop new business models and opportunities with the help of technology. 3D printing has made a significant impact on manufacturing and production. It is not only exciting but potentially advantageous for home users. 

Here are some basics of 3D printing and how technology is being leveraged by businesses small and large.

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Before implementing 3D printing in the manufacturing process, many businesses are buying custom-order parts from the vendors and 3D print farms. Consumers can also buy the custom-made models and even the low-cost, new build homes, which are 3D printed in a day.

The market for 3D printed products is broad, and it’s still expanding. One of the significant benefits of 3D printing is that it eases the production process, transforming homes into mini-manufacturing hubs. Online orders can efficiently be completed with a few clicks of a button, as the 3D printer does most of the work.

3D Modeling

One of the profitable ways for businesses, hobbyists, and educational programs are using 3D printing by creating, selling, and teaching 3D design. In a classroom, allowing the students to design their creations and then print them out with a 3D printer helps them get the first-hand experience with the 3D design and manufacturing process.

Rapid Prototyping

Prototyping with 3D printing enables businesses and consumers to design, test, revise, and create full-scale models in days instead of weeks. Rapid prototyping also helps in the visualization of new products, leveraging 3D printed models as “functional prototypes to allow cost-efficient, real-world predictions.” With the traditional manufacturing methods, prototyping might take weeks and comes with high production costs because of the manual work and expensive machines needed. However, 3D printing enables businesses and consumers to create physical models at a fraction of the cost quickly.

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