Source: Huffington Post
By Vala Afshar, Contributor
12/11/2017 04:31 pm ET
According to Gartner, 3D printing has great potential. Total spending is predicted to grow at a 66.5% CAGR to $17.7 billion in 2020, with over 6.5 million printer sales. Gartner also predicts that “by 2020, 75% of manufacturing operations worldwide will use 3D-printed tools, jigs and fixtures made in-house or by a service bureau to produce finished goods. Also, 3D printing will reduce new product introduction timelines by 25%.” Enterprise 3D printer shipments is also expected to grow 57.4% CAGR through 2020.
The top priorities related to 3D printing include accelerated product development, offering customized products and limited series and increasing production flexibility. Here are additional 3D printing market forecasts:
Source: Plastics News
By Clare Goldsberry
December 11, 2017
Using a 3D printer to produce parts for a 3D printer is just one example of how far the additive manufacturing industry has come over the past three decades. That’s what manufacturing solutions provider Jabil (St. Petersburg, FL) is doing for HP Inc. (Palo Alto, CA), which is rapidly scaling its 3D printer business. The primary benefit of 3D printing is faster time to market and a dramatic cost reduction in parts, which includes the cost of having to build molds and perform multiple design iterations.
Jabil currently uses HP’s Multi Jet Fusion (MJF) 3D-printing technology to produce 50 tested and validated parts for HP printers. This has enabled the company to achieve break-even points at up to 40,000 units on some parts, while completing 18 design iterations in the time it normally takes to make one prototype. Production 3D printing of plastic components is the goal for many OEMs, but Jabil and HP seem to be making major headway in this effort.
Source: Plastics News
By Audrey Laforest
December 4, 2017
Woodlock, who handles market development for 3D printing at the company's offices in Vancouver, Wash., spoke Nov. 8 at the 2017 Design in Plastics conference about HP's ongoing efforts to grow additive manufacturing into a $12 trillion manufacturing market.
"How do we get out of [3D printing] being 'I can make one part and two parts' into 'I can make 1,000 parts. I can make 10,000 parts. I can make a million parts?'" he asked the audience.
Woodlock said it is something HP and other industry stakeholders are going to have to figure out because "it's not really happening today."
"The way we're figuring it out is we are trying, we are learning," he said. "We're failing a lot, but really, most importantly, we're learning from our customers."
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