Chuck Hill invented the 3D printing process in 1983. It was called stereolithography. This is a method of creating solid entities by sequentially printing thin ultraviolet films over each other. This was the basis of 3D printing today. 3D printing is an additive engineering process that creates a physical object from a digital design or source.
There are many 3D materials and technologies available today, but they all follow the same standardized process: A solid material is created from a digitally designed file by adding layers. The typical 3D printing process begins with the creation of a digitally-designed physical entity. The next step depends on the technology used and the material. System printers melt the material before placing it onto a printing platform. It depends on the size of the print and other post-processing events. Stereolithography, stereolithography, and digital light processing are all common printing methods. Binder jetting and metal printing (selective and electron beam melting) are also available. There are many materials that can be printed. These include rubber, polyamide, ABS and plywood, ceramics, biomaterials and metals, and all alloys (titanium and aluminum as well as steel, cobalt-chrome, and nickel).
The advantages of a 3D printer include the ability to create complex designs that cannot be made by traditional methods, customization without additional detailing or tooling, and no additional pricing. This allows entrepreneurs and designers to produce high-quality products at a low cost for market testing and other purposes. Traditional methods of manufacturing an entity can also produce a lot of waste. For example, bracket manufacturing consumes nearly 90% of the raw materials. The 3D printing process, on the other hand, is very efficient and minimizes waste. It can also be recycled in the next cycle.
3D modeling is often associated with disadvantages, such as high production costs, limited strength and durability, and lower quality. There are over 500 3D printing materials on the market. Most of them are made from metals and plastics. The rapid technological advancement has led to a rapidly growing number of materials, including wood, composites, and meats as well as chocolates.
Public sources show that 3D printing will account for 10% of the world’s total production by 2027. In the next 10 years, printer costs will fall from $18,000 USD down to $400 USD. Many companies have begun 3D printing, including the largest shoe and aircraft companies. The future of technology will see smartphones equipped with scanners that allow you to build any type of structure at home. China, for example, has built a 6-story building using 3D printing technology.
There are many uses for 3D printing in medical, manufacturing, sociocultural and industrial fields. The field can be divided according to its manufacturing applications into agile tooling and food, research, prototyping, and cloud-based additives. Mass customization is also possible. The field can be divided into medical applications and bio-printing tools. The food and Drug Administration (FDA), approved the 3D-printed surgical bolt device for the treatment of bunions in August 2015. A micro-machine was also developed by Max Plank Institute for Intelligent Systems in Germany. It is capable of delivering drugs precisely to the site of infection. The device can also be controlled within the body. Many industries use 3D printing technology to manufacture their products. Airbus SAS, France, declared that the Airbus A350XWB has more than 100 components 3D printed. NASA Marshall Space Flight Center (MSFC), and Made In Space, Inc. have collaborated to develop a 3D printer for printing in zero gravity.
Its Market The Global 3D Printing Market is projected to reach by 2022 is USD X.X, from X.X in 2015 at a CAGR of X.X% from 2016 to 2022 as per the latest updated report available at DecisionDatabases.com. This market can be segmented by printer type, material type, and material form as well as software, service, technology, or process.
The market is divided by printer type. This includes desktop 3D printers as well as industrial printers. The market can be divided by material type into plastics, metals, and ceramics. The market can be divided by material types, such as liquid, powder, or filament. Software is what separates the market. It can be divided into the basics of design, inspection, printer, scanning, and printing software. Technology is used to segment the market.
This includes stereolithography, fused-deposition modeling, direct metal laser sintering, and selective laser sintering. The market can be divided on the basis of binder jetting or direct energy deposition, material extraction, material jetting, and powder bed fusion. The market can be divided vertically on the basis of automotive and healthcare, architecture & building, consumer products, and education. The market is divided by application. It can be broken down into tooling and functional parts.
The market is divided by geography on the basis of North America, Latin America, and Europe.
Market growth is driven by factors like high investment in Research and Development (R&D), low waste of raw materials, and the ease of creating tailored products. The market’s growth is slowed by factors such as the limited availability of printers, high prices for materials, and a shortage of skilled professionals.