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Published by:
Amity Research Centers (2014)
13 pages
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3D printing, a multi-billion dollar business had revolutionised the world around. Its applications were found in the manufacturing of diverse products ranging from lightweight aircraft components to customised toys to lifesaving medical implants. The first 3D printer was developed by Charles W Hull in the mid-1980s. Since then, the 3D printing technology had evolved tremendously. Big Players like GE Aviation, BMW, Nike, Panasonic and government research agency like NASA were investing huge amounts in 3D printing technology. The global 3D printing market was expected to reach $3 billion by 2018. The US and Europe had established markets for 3D printing technology, while Asia Pacific countries like India, China and Singapore were also emerging as potential markets for 3D printing. Despite the tremendous potential exhibited by the 3D printing technology in a wide range of industries, it possessed several inherent challenges such as copyright and legal issues that needed to be addressed by the companies before adopting the technology. Further, industry experts had questioned the economic feasibility of mass production, quality and reliability of the 3D printed products. It remained to be seen whether 3D printing, with all its issues and shortcomings would be accepted as a groundbreaking innovation on a mass scale.


3D printing; Voxeljet; Wohlers Associates Inc; Stereolithography; CAD (computer-assisted design) software; Prototypes; Porous titanius cups; Stratasys; Consumer markets; Aerospace and medical sectors; Commercial 3D printers; IDTechEx; Safety and environmental standards; NASA; Bioprinting
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