18 Apr '13, 11am

Design News - Engineering Materials - Report: 3D Printing Will (Eventually) Transform Manufacturing

Design News - Engineering Materials - Report: 3D Printing Will (Eventually) Transform Manufacturing

Additive manufacturing (AM), including 3D printing, has the potential to upend manufacturing supply chains, according to the new report from Lux Research, "Building the Future: Assessing 3D Printing's Opportunities and Challenges." The catch is, it will take a while, and the results will depend on how quickly costs come down, and throughput goes up. Although consumer applications -- such as custom jewelry, toys, and art -- have gotten a lot of attention, consumer products will remain a small portion of the 3D-printed parts market, Anthony Vicari, Lux Research associate and the lead author of the report, told Design News. These will grow $17 million from 2012's $777 million total to $894 million in 2025, when the total market value reaches $8.4 billion. Between now and then, the overall market will grow at an aggressive 18 percent per year. Although consumer applications ha...

Full article: http://www.designnews.com/author.asp?doc_id=262205&sectio...

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