This one is another industry that is booming and has the potential to change the world with realistic and simplistic solutions.
It’s an industry that is shaping up not just the world but human life.
Hey guys, welcome back to my world of thoughts and the ride of learning.
I hope you are doing well, and am sending a lot of positivity to all of you.
You might all know that various industries intrigue me and excite me cause there’s a lot that we can learn from various industries, cause industries make the world run fast.
It makes the world a better place.
And so, today we’ll be learning about an industry that is growing faster with the rise of the population globally.
It’s an industry that is crafting not just the world but mankind.
The 3D Technology Industry.
An industry that is growing and the future.
So, before we dive further into the facts, but first let’s understand the nitty-gritty of the industry, cause it’s a story that is interesting and worth it!
What is 3D Technology?
Well, 3D Technology also known as 3Dimensional Technology or additive manufacturing is a technology that creates objects as this kind of technology offers a plethora of opportunities in various fields such as production, design, and performance of novel architecture forms, construction systems, and materials.
3D Technology is paving way for innovation, fast performance, new forms of art, and most importantly it’s pushing the methods of production.
Additive manufacturing or 3D printing is an automated process that is used to create rapid prototypes and functional end-use parts.
It grasps virtual designs from computer-aided design(CAD) software and transforms them into virtual, thin, horizontal layer-wise cross-sections until completed models.
Nowadays, owning a 3D printer is affordable as it costs around $200 or more.
But at the same time should know how to use it and should have patience throughout the process. It’s a great tool for creative people and amateur programmers.
3D Technology has a variety of scope categorized and it ranges from SLA, FDM, SLS, DLM, EBM, etc.
Not just that this industry is growing at a tremendous rate and it’s covering various industries and shaping up industries such as healthcare, aerospace, defense, entertainment, automobile, fashion, and much more.
It’s also playing an important role in saving the environment by using renewable resources and materials making products that are not harmful. Eco-friendly.
Also Read:- Impact of 3D Printing on the environment: A literature-based study
10 Intriguing Facts About The 3D Technology Industry:-
The 3D Technology Industry is an interesting one that is filled with a lot of research, innovation, experiments, creativity, and a lure to change the world.
It’s making the world a better place and futuristic.
So, without any further adieu lets’ dive into 10 intriguing facts about the 3D Technology Industry, it’ll blow your mind as there’s so much to learn from this unique industry.
You can print very expensive pieces:-
Since there’s an advancement in technology, and that gave birth to modern 3D printing machines.
With the help of these machines, you can make every tiny hairlike item or even a very large construction piece as well.
It all depends upon what type of piece do you want and what material do you use? Having a printed 3D object is valuable.
It can save millions.
For instance, an Iron Man suit made out of 3D printing can be made at a less price and can be sold for over $35,000.
Soon all airplanes will have 3D printed parts:-
And that’s the beauty of technology, it upgrades.
Good technology helps in adapting to changes, cause change matters.
It’s necessary for a better life.
This is what we are witnessing currently.
Airplanes are the future and we all know that they are full-metal objects.
As years go by, they become modernized.
But the question is, where is the limit? Well, simple answer, the sky is the limit.
Nowadays, more planes are now comprised out of 3D-printed parts.
So, don’t worry cause they use titanium, not plastic.
This innovation of making parts will save Boeing and various airline companies up to $3 million per plane and the airline industry will benefit big time.
Also Read:- 3D printing in the aircraft industry
Medical 3D printing is the future:-
The next on the 3D Printing list is humans.
Nowadays, technology has evolved so much that even small things can be printed. One such area is human parts.
And this can be used for medical purposes that will help thrive human lives.
Discoveries will be helpful and can give rise to certain things such as newborn babies, and donors that can find a match.
With that Medical 3D printing can do the following things such as:-
Tissue with blood vessels.
Drugs.
Bones.
Heart valves.
Synthetic skins.
Organs.
As you can imagine, and these breakthroughs are currently being developed and are being tested on animals.
And if all goes well, then we’ll be printing anything in no time.
Also Read:- 3D printing in the medical field: four major applications revolutionizing the industry
The 3D Technology Industry is worth $12.6 billion globally:-
This industry is growing at a tremendous rate.
As of 2020, the industry is worth $12.6 billion globally, growing at a CAGR of 17 percent.
By 2026, this industry will be worth $37.2 billion.
3D Technology is in demand and new technology with the rise in population globally and it’s shaping up other industries too.
There are various competitors in this industry and it includes names such as American Paper Optics Inc, 3D Systems Inc, GE Additive, Stratasys Inc, Ex One Company, etc, and making the world a better place to live.
It’s important to learn and update ourselves as there’s a lot of expectations from this industry. The investment is low but the profits are higher.
Interesting! Guns can be printed using this technology and can be used:-
This one such fact just blew my mind.
Since a huge demand and 3D printers are coming at affordable prices, it’s leading a way for creativity and innovation as a lot of products can be made out of it such as pots, jewelry, bricks, and much more.
But there’s another side to it, this technology can also be used for making armories such as guns and bombs.
Shocking! But it can be used for such purposes.
3D Printing can be used for anything and it can also be used on metals.
And it sparks a lot of interest for someone who wants to keep a gun.
It’s possible in some parts of the world, after all, guns can be printed using 3D Printers, and as the technology is becoming popular, and with that, the US will warn the globe and regulate the technology.
The digital 3D files should not be free to download or the printers should be programmed in such a way so that it restricts printing firearms.
Overall, these were a few regulations that were proposed by the US of Homeland security.
Also Read:- 3D printed guns: where are we now?
The gender gap is still a problem in the 3D technology industry:-
Since the 3D technology industry is more of a technical industry and many tend to hire men only.
Just like programming, there are a lot of girls that are good at engineering and this has led to a serious gender gap issue.
One of the countries that lack gender equality in this industry, is China.
Here, a girl going by the name Sexy Cyborg is trying to bridge the gap by showing how many things she can do by using 3D printing technology on her Youtube channel.
Sexy Cyborg aka Naomi Wu is using the platform to send a message and she’s quite successful. Nail it, girl!
3D printing will wipe out complex human jobs:-
As the world is moving fast forward with the advancement in technology and artificial intelligence, and that most of the complex human jobs will be wiped out as they’ll be replaced by artificial intelligence and robots.
As 3D machines are getting advanced and can learn on their own that people should rethink their future jobs over the next 10 to 20 years.
Cause as robots are taking over jobs done by humans and 3D printers are also meant to do complex jobs.
We are seeing it, manufacturing and textile industries are being replaced by robots and 3D printers especially in developed nations.
Companies are not rushing to replace humans but salaries keep rising then it’ll be a problem as they’ll be forced to switch sooner or later.
Also Read:- This Technology Could Have The Biggest Impact On American Jobs Since Offshoring
With 3D printing, the fashion industry is seeing a change:-
We all know how important fashion is in our lives.
It’s considered an essential that we can’t live without.
But at the same time, it’s an industry that is polluted and causing serious environmental issues.
Sooner or later there will be a huge change in the fashion industry cause it’s the first industry that is adopting 3D printing and it’s working.
Since the printers are updating and are adapting to various materials, it’s paving a way for innovation and creativity.
So, it’s safe to say that only a fool wouldn’t want to make profits easier.
Many brands are selling 3D-printed garments and jewelry.
3D printing will scare the luxurious designers a lot cause the counterfeit industry is worth more than $5 billion.
But if they mix 3D models and their patterns to make luxury products then it’ll save not just money but even planet earth as there’ll be the use of eco-friendly materials.
Want to know more about the fashion industry then hop on to the blog post on the fashion industry as it’s filled with a lot of controversies.
Also Read:- How Big Is The Fashion Industry?
The most expensive 3D printer costs around $2.5 million:-
Well, with great price comes great quality.
And a 3D printer that will print fast and have extremely good quality features is not so easy to get your hands on it.
It’s neither used in fashion nor the medical field but it’s used in construction work and it costs around $2.5 million.
The printer model 2156 is manufactured by Imprimerie AG and their main goal is to revolutionalize the construction industry.
They want to innovate the industry by building an automated process that will reduce the cost.
The printer is large and has multiple features including traveling on tracks up to 70 meters.
3D printing might be an alternative to plastic:-
One of the biggest concerns is our mother earth and the environmental issues.
But the truth is as the world is evolving and growing in terms of population, it’s the technology that will help in saving our planet in the end.
And one such problem that our planet is facing right now is plastic waste.
Plastic is one such waste that doesn’t get degraded, it’s somewhere on this planet lying.
So, to end this problem, a 3D printing company based in the Netherlands is constantly working on it and is promoting the use of reusable plastic for the printers.
By using this approach, plastic will be reused properly and cut down on plastic waste and pollution.
This way we’ll save our planet.
So, that’s a wrap, 10 intriguing facts about the 3D printing industry. Question,
What will you create if you have a 3D printer?
Let me know in the comment section below, would love to hear your thoughts.
Follow me on Instagram(@pranayrankawriter) for some soothing thoughts and stories.
Oh!! You’re still here of course you do, so here’s a
Bonus,
You can start your 3D printing business by investing $100,000.
So, if you are planning to venture into the 3D printing industry, according to a source, around $100,000 of investment is required to start a 3D printing business.
During the first few years if all goes well, then you can draw the line with some profit but all it matters is good high-quality speed and having a 3D printer is expensive and so are the people to run the business.
Not just that it’s important to patent and protect your technology with copyright laws, cause if it leaks then it’s your responsibility and you have to face legal issues.
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