A report by Smithers reveals that the 3D printing market is expected to grow from $5.8 billion to $55.8 billion by 2027. This shows us that this cutting-edge technology isn’t just enabling technological innovation across various industries but is also evolving how companies operate and manufacture their equipment.
What used to be a small prototyping tool is now being used as an industrial-grade production method.
Let’s take a comprehensive look at how polymer 3D printing transforms how various industries operate and enables the production of complex objects with enhanced technical properties.
The Evolution of Additive Manufacturing
One of the main reasons why 3D printing is gaining popularity is because of its recent evolution. Previously used to create small-scale prototypes, 3D printing can now be used to manufacture industrial-grade objects that are highly durable and flexible and provide more convenience to create with minimal lead times.
For example, the aerospace industry has started to manufacture geometrically and functionally complex aircraft components that have improved internal microstructures. What once used to be hard to assemble multiple heavy aircraft parts can now be produced as a homogenous structure with reduced material wastage.
This method is more sustainable than any other traditional method and provides ease and convenience.
Improved Technology and Equipment
Additive machines are now more accurate and precise than they used to be. These machines are improving technologies and helping businesses quickly develop objects that meet their rigorous specifications with a higher tolerance.
This helps businesses reduce production costs and save time because they get parts faster and much less expensive.
For example, the healthcare industry uses additive manufacturing technology to provide patients with customized medical treatments. They have created pre-surgery models using CT scans, customized orthodontic appliances, and even artificial organs and tissues.
Transforming the Consumer Product Sector
Additive manufacturing is now widely used to improve consumer products and helps companies meet quick demands and have exceptional outcomes.
This is because additive manufacturing helps to rapidly develop product prototypes with quick customization options. The products requiring multiple manufacturing steps can now be created in one go, reducing assembly and labor costs.
Through this technology, businesses are developing highly personalized solutions and experiences that help them meet all of their consumer’s needs.
Additive manufacturing is also highly sustainable.
If you want to invest in 3D printing, check out Falcon Technologies International. They partner with some of the leading names in the industry, including HP and EOS, and have a qualified team of R&D engineers who provide top-notch 3D printing solutions.