In this report SmarTech identifies the main opportunities for 3D printing in the medical environments. It identifies where money is being made through the current use of 3D printers in this area and shows where the revenue streams will be found in the future. It also identifies current technical weaknesses in 3D printing and where 3D printers, software and services must adapt to become a commercial success. As the table of contents below shows this report provides coverage of all the current medical applications for 3D printing, along with granular ten-year forecasts of 3D printing in the medical sector in both volume and revenue terms.Continue Reading
Automotive manufacturers were among the earliest adopters of additive manufacturing/3D printing (3DP) technology, but for decades have relegated 3D printing technology to low volume prototyping applications, while other industries have taken additive manufacturing to new levels. But today, an explosion of growth in utilization of 3D printing from automotive manufacturers is powering an evolution in automobile design and production. In this latest report, SmarTech illustrates how 3D printing in the automotive industry will generate a combined $1.1 billion dollars by 2019.Continue Reading
The market for metal powders for additive manufacturing (AM) applications will take off over the next five years:
- New applications in the aerospace, oil & gas, medical, and dental sectors will increase demand for powered materials exponentially. In this regard, SmarTech believes that GE’s recent $50 million dollar investment in it’s Auburn, Alabama plant to additively manufacture LEAP engine fuel nozzles is a prelude to larger investments in metal powder AM equipment by many large manufacturers that will soon require powdered materials for ‘round the clock production.
- Meanwhile, new powdered metals open up new applications that will cause metal powder application database to multiply over the next seven years. Forward-looking metal powder manufacturers like Sandvick Osprey, Carpenter Powders, and AP&C are already beginning to move up the AM learning curve, working with equipment OEMs to create higher performance, more consistent powders.
The quantity and quality of plastic materials available for 3D printing systems are key determining factors in the number of 3D printer purchases. These materials include especially ABS and PLA, but also include acrylate resins, epoxy acrylate resins, and nylon powder materials.
Many 3D printer firms are racing to fill out their plastic material portfolios and are using them to create competitive advantages. At the same time, major materials companies are also starting to see 3D printing as a profitable niche market worth jumping into now, with the promise of large opportunities down the road.Continue Reading