Traditional manufacturing methods encountered many flaws such as human errors, slow production, delay in making slight changes, etc. However, 3D printing revolutionized these concepts for the technology, healthcare, food, and construction industries.
By definition, a 3D printing machine develops objects after completing each layer as opposed to traditional methods. The latter includes part assembling or using molds with manual effort.
Moreover, the technology is more than two decades old; however, it was recently commercialized as a consumer accessible level. 3D printing offers many benefits such as cost-effective production, manufacturing flexibility, diminishes speed to reach the market, etc.
5 Major Benefits of 3D Printing Technology
● Allows Personalizing Products
Mass production requires a considerable setup and costs for different organizations. However, 3D printing diminishes these expenses. Moreover, it opens doors for personalizing products of various sectors.
For example, it has helped create fashion accessories, develop tangible objects impossible with MRI visualizing, 3D CT, or 2D. Likewise, it enables the automobile sector to rapidly prototyping vehicles and their body parts.
According to a source, businesses may start adopting 3D printing technology for end production compared to prototyping. Therefore, we can assume that it will bring tremendous changes to the economic data.
The increased additive market awareness is improving the customer demand for innovative and organic solutions. The new rethinking module would disrupt the supply chain and parts management through innovation.
Therefore, businesses with active involvement in new technological innovations and methods would gain a significant market for their products. Hence, 3D printing would help to create ongoing products but also sustain innovations at cheaper manufacturing costs.
● Offers Cost-Effectiveness
3D printing has made it possible for manufacturers to streamline the building process. Simultaneously, it has diminished the tooling costs, machine setup duration, and per unit production expenses.
According to a source, scalability doesn’t provide cost advantages for small production runs. As per a survey of fifty-one SME manufacturers, customers request small series orders. Therefore, the former must take the initiative to lower the production costs.
3D printing proves useful for manufacturers that have uncertainty about demand or the duration of the production. Moreover, the factor wouldn’t get ignored by the manufacturers due to the high upfront tooling costs.
● Reduces Market Reachability of the Product
A CGT/Sopheon survey suggested that seventy-nine percent of products don’t make their launch dates. However, 3D printing can make a significant impact in the market.
Manufacturers can reduce the design cycles by identifying previous errors or other methods and reduce product reachability to the market. The technology focuses on rapid prototyping that doesn’t require months or weeks.
Instead, it completes the prototyping in merely a few hours. Moreover, new development ideas get processed faster through this technology. According to a source, the future of 3D printing with robots would also help to create complex and agile products.
Furthermore, businesses can make use of 3D printing to showcase mock-ups to partners and clients. Therefore, companies would increase their sales and profitability with prototyping and small-run prints through 3D printing.
Currently, 3D printing is also a viable option for achieving constraint freedom while dispatching batch runs or minimum orders.
● Eliminates Human Errors
Another significant benefit of 3D printing, as opposed to manual production, is eliminating human errors. Manufacturers can receive concise and ravishing results by incorporating this technology in their business production.
Presently, Voxeljet in Germany manufactures spares parts by using an industrial 3D printer. Moreover, companies don’t have the budget for including the tools and machinery for in-house production.
However, continuous innovation would help new organizations to adopt this technology in a few years. According to a source, the technology would become capable of developing virus test kits, face masks, and more. But the progress remains ongoing and slow.
3D printing involves desktop printing with the help of designers and software. However, a person with minimal or no CAD experience can download the latter or files and utilize the suitable material to create different models.
Over the last few years, the software has become easier to use, even for a person with no experience. For example, “Thingiverse” offers many different designs for manufacturing 3D models.
According to a source, businesses and individuals have started utilising the market for desktop printing to connect with designers on 3D hubs. Companies have begun availing print services at cost-effective prices on such platforms.
● Environmental Friendly
Localizing 3D printing technology would reduce transportation costs as the requirement for shipping products would diminish. Therefore, CO2 emission would decline globally and benefit the environment drastically.
Moreover, 3D printing would utilize the parts required for manufacturing. Therefore, it would have a better impact on recycling. Additionally, on-demand printing and recycling of materials would create a significant environmental impact.
Besides this, greenhouse gas emissions would significantly reduce. Additionally, countries can even save more supplies for facing upcoming calamities or crises. Therefore, involving 3D printing in businesses would impact the global economy, environment, and human sustainment.
Unfortunately, businesses and individuals face massive financial disruptions. However, take out loans for the unemployed with bad credit or other viable solutions can prove helpful. Other options include credit cards, bad credit or unemployment loans, etc.
● Other Benefits
According to a source, 3D printing produces parts at fifty-five to seventy-five per cent cheaper than CNC milling. Additionally, most companies don’t take a setup fee for the printer.
Moreover, the technology helps manufacture clips, mounts, fastening, and other minute parts. Additionally, it will disrupt the supply chain as it may only produce required materials and require no warehouse storage.
Furthermore, customers can avail of replacement for product parts during the long-term repair tenure. Hence, the availability of spare or replacement parts would never diminish, even for old products manufactured by a business.
Besides this, companies incorporating 3D printers have moved ahead from end-use parts and prototyping. They have gone in the direction of fixtures and jigs that come with line efficiencies. These products don’t involve high tooling costs and offer well-structured designs.
Unfortunately, 3D printing does involve a few drawbacks. The three significant disadvantages include lack of economies of scale, layers, and unavailability of large prints with most manufacturers.
For example, the cost of producing a single product would not vary in batches. Therefore, manufacturers would incur a fixed price irrespective of the quantity.
Furthermore, it doesn’t offer to save with large orders as compared to the traditional methods. However, the benefits of 3D printing outweigh its drawbacks.