Many of us know about the 3D Printing and how it is revolutionizing the manufacturing industry. And is not showing any sign of slowing down. It has changed the way a company innovates and makes its products and prototypes.
The American 3D Printing industry market size is 14.2 billion dollars in 2019 and is growing an average of 2 billion dollars every year. Across the world, around 75% of the manufacturers are expected to increase their capital investment in 3D printing from 50% to 100% in 2019. So It's time to adopt the technology and make a step ahead towards the industrial revolution 4.0
Want to start and get in action? Here are the ways that you can use 3D printing in your Business.
1). Create innovative products without a manufacturing setup.
3D Printing can be used to make any shape or design. With the technologies like Stereolithography, Fused Deposition Modeling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet, Inkjet, Electron Beam Melting and laser Metal Deposition you can create any desired design with the material you want, However, the cost of printing varies with the technology used and the material used but it's decreasing day by day.
If there is a place for innovation in your market you can be the first to fill the gap quickly and easily.
2). Provide Diversity in your product mix.
3D printing is not limited to produce plastic parts, you can create diverse products from lightweight automobile parts to space rocket components. Nowadays, whatever component requires high precision and accuracy in its design are made by 3D printers. 3D printing can limit production time, enhance the quality of tools, and minimize maintenance costs. One 3D Printer can produce a no. of products for you so why just stick to a particular niche of products.
With a bit of creative thinking, innovation and material and technology knowledge you can find a way to use the revolutionary 3D printing in a way that can boost up your business in the market.
3). Create customizable products.
3D printing can help you in delivering the products as per the requirements of customer or client. As in this technology you don't have to set up any manufacturing or assembly unit for each part, you just have to design in any CAD software and upload it on the printer in the suitable format and your designed product will be printed in a couple of hours. Consumers can develop products as per their requirements such as customized toys, shoes, decorative items, jewelry, and more, thus, giving the freedom of producing items as per the specification.
4). Provide 3D Printing Services.
Create opportunities for others to create products and components using 3D printing. You can provide outsourcing to the companies or clients who don't have a 3D printer facility. Professional 3D printers like Shapeways, Sculpteo, and Voodoo can meet the high unstoppable demand of this emerging industry.
On-demand 3D Printing services enable other clients to upload their digital designs and set up automatic systems where products get printed and shipped to their location. It saves their facilities cost, investment in setup and inventory cost as well.
The market for such On demand 3d printing is not much saturated yet in India but is surely going to rise in the coming years due to Industrial revolution 4.0.