There is no stopping now for the 3D printing Melbourne industry. It is bound to grow and further develop in the years to come, and that is certain.
Otherwise known as additive manufacturing, it can now help in the production of an increasing number of baseline parts with the promise of higher returns on investment (ROI). Unfortunately, the business community is not likely to enjoy the same with other popular conventional manufacturing techniques and processes.
3D Printing Industry Today
As of this writing, the base applications for the additive manufacturing sector has grown immensely to an unimaginable proportions. It has billowed into a whopping $6.063 billion industry and is taking pride in its footprint being present in a wide range of industries.
The additive manufacturing sector, back in 2016, enjoyed global revenue growth of 17.4%. But only recently, an estimated 500,000 3D printing machines were shipped into the different parts of the globe. But that figure will amount to nothing in comparison to the 6.7 million 3D printers that are being shipped out to buyers until the end of the year.
As we further enhance our automation processes and continue improving the production volume capabilities of 3D printing machines, which are both essential components of manufacturing, it will help reduce the overall production costs. Consequently, it also lays the foundations for a more cost-effective product offering, created rather quickly with minimal intervention of human hands.
The industry of 3D printing demonstrated itself as more than capable of creating a significant impact on the industries of aviation, automotive, machinery, and more. These applications are bound to grow even further as these aforementioned sectors showcase to us how this technology’s effectiveness and efficiency benefitted them in as far as reaching their production goals is concerned.
Manufacturing 4.0, otherwise known also as Industry 4.0, pertains to how technology is directly associated with the growth of the modern manufacturing space. What is included in this vision has something to do with the Internet of Things (IoT), robotics, mixed reality, and machine learning — 3D printing or additive manufacturing is at the core of that vision.
3D Printing Melbourne and the Role It Plays in the Manufacturing Process
3D printing has firmly established its role in the core of the country’s modern manufacturing processes. Yet it is set to offer us even more gains as it undergoes further refinement, further improvement. As of this writing, 2 of the major manufacturing processes that are benefited by 3D prints are rapid prototyping and design.
You can also take advantage of 3D printing in projects that involve low-volume production. This usually happens when you just want to test out the waters for your planned product offering and determine how well your target market will receive your item.
For that, you need to produce small amounts only like for random sampling. As the years go by, the production capabilities of additive manufacturing will continue to scale.
The underlying reason why 3D printing Melbourne machines are in great demand these days is that with every aspect of manufacturing, the required cost and time can be significantly decreased without the risk of compromising quality.
Hence, we can raise additive technology to that of brand-new technology, on the same level of value as that of a smartphone or personal computing.
Business organizations these days, both small and large scale, are taking in a new direction. They are now seriously taking advantage of technology to help them advance their market interest and thus become even more profitable. They now involve innovations beyond just replacing procedures in traditional manufacturing, and additive technology is at the heart of it.