The 3D printing industry is on the rise, estimated to be already worth more than $5 billion.

There are people from all different walks of life who have turned to using 3D printing technology over the past several years, to help them carry out a number of activities.

In 2016, more than 200,000 desktop 3D printers were sold globally. By 2023, it's estimated the market will grow to be upwards of $30 billion. And now, 3D printers have made their way not only into private homes, but also onto school campuses, and many different commercial spaces.

You can now find 3D printers being used in kitchens, hospitals, on Coast Guard ships, for funeral/cremation services, in a variety of manufacturing spaces, and more.

The capability for this technology continues to expand, now providing options for people to print just about anything.

This includes things like various food items, body parts, shoes, cars, toys, guns, houses, shelves, bolts, buckles, forks, soap dishes, coasters, whistles, chip clips, along with a myriad of other handy gadgets. The impressive and seemingly limitless capability enables this technology to revolutionize many different market spaces.

Manufacturing is one of the big spaces that 3D printing is going to play a major role in revamping. The 3D printing technology has already been credited with being able to do the job faster and cheaper than traditional methods that are on the market today.

In comparison to current methods, the 3D printer is able to carry out the task roughly 100x faster, and be up to 10x cheaper than laser printing.

It won't be long before 3D printing technology is the most prevalent manufacturing method that is used around the world. About 67 percent of manufacturers are already said to be using the technology in some form, with their current manufacturing methods and overall business model.

There are many well-known corporations that have already turned to looking at 3D printing technology to incorporate into their manufacturing methods. These are names like Mercedes-Benz, Boeing, Microsoft, Porsche, Ford, and Volkswagen.

Volkswagen has reported seeing significant cost savings and now they will be looking to further use the printing technology to create car parts for their vehicles.

If it can really play a dramatic role in reducing costs and boosting production time, then we can expect many others to follow as well and introduce 3D printing into their methods. Though, industry experts have said it might not entirely replace their conventional process; it will add to it and make it better.

As well, Ford has said that the 3D printing method is still too slow right now, as far as volume production is concerned, and for that reason it's best used for low-volume, cost-effective, light-weight parts. There is still a lot of potential though, to use this technology in order to boost efficiency for multiple industry spaces.

Pics:
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Sources:
http://www.thedrive.com/sheetmetal/16374/volkswagen-sees-a-future-in-3d-printing-car-parts
https://www.forbes.com/sites/tjmccue/2017/11/08/3d-printer-farms-and-robotics-start-pointing-to-future-of-manufacturing/#2b457ca7a429
http://www.thedrive.com/tech/8116/fords-large-scale-3d-printing-could-offer-personalized-car-parts?iid=sr-link8
https://www.forbes.com/sites/tjmccue/2016/04/25/wohlers-report-2016-3d-printer-industry-surpassed-5-1-billion/#3c2f13a19a02
https://steemit.com/technology/@doitvoluntarily/3d-printing-makes-its-way-into-the-cremation-market
https://www.volkswagenag.com/en/news/2017/11/VW_Brand_investment_transform2025.html
https://3dprintingindustry.com/news/volkswagen-saves-160k-tooling-costs-using-desktop-fdm-3d-printers-116640/
http://www.thedrive.com/tech/8116/fords-large-scale-3d-printing-could-offer-personalized-car-parts?iid=sr-link8

The Future of Manufacturing Is In 3D Printing

The 3D printing industry is on the rise, estimated to be already worth more than $5 billion.

You can now find 3D printers being used in kitchens, hospitals, on Coast Guard ships, for funeral/cremation services, in a variety of manufacturing spaces, and more.

In comparison to current methods, the 3D printer is able to carry out the task roughly 100x faster, and be up to 10x cheaper than laser printing.

Volkswagen has reported seeing significant cost savings and now they will be looking to further use the printing technology to create car parts for their vehicles.

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