D Printing : An Additive Manufacturing Process

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3-D printing is an additive manufacturing process that is used to produce 3 Dimensional models. 3-D printing can be used for industrial purposes and personal use. Generally 3-D printing can be used to produce medical parts such as organs, miniature models such as design of houses or building, electronics such as camera, textile industries such as clothes, automotive and metal industries. 3-D printing gives you the ease of fast prototyping at lower costs. America is one of the largest manufacturing outsourcing countries for India. India takes advantage of its cheap skilled labor, good foreign investment policies and ease to transport manufactured products to the USA. In this report we will focus on outsourcing of 3-D printed automotive…show more content…
This graph depicts the comparison between traditional manufacturing process and 3-D manufacturing. For a firm to test a new product in the market or for testing a new prototype they have a high cost to manufacture small units or may have a stock pile if they decide to manufacture at lower cost. 3-D printing can help reach their goal without higher cost or stock pile up. Let’s look at some statistics/reports from different market research firms for 3-D printing growth in the United States: • PwC Pricewaterhouse cooper surveyed 100 industries based on the extent of 3-D technologies they use. They claimed based in this data that 2 out of every 3 companies have already started using 3-D technology. They showed that about 29 % of companies are still experimenting with this technology, 25% use it for just prototyping, 9.6 % use it for both prototyping and production. Survey shows that there is a positive reception of 3-D technology. Canalys a market research firm depicts that the market for 3-D printed materials will increase from 2.5 billion dollars in 2013 to 16.2 billion dollars in 2018. • Smartech report on adoption of 3-D printed objects in automotive industry is presented below: The graph depicts that the use of 3-D manufacturing in automotive industry and that it will increase from 482.8
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