Aerospace and Defense (A&D) are one of the early adopters of 3D Printing technology with the first use of technology dating back to 1989. As of 2022, A&D represents 16.8% share of the $10.4 billion additive manufacturing market and heavily contributes to the ongoing research efforts within the industry. 3D Printing is heavily used in Low volume production, Light weighting of parts, Material efficiency, Part consolidation, Maintenance & repair
Automotive industry is a growing user of additive manufacturing. In 2019 alone, global automotive revenues reached $1.4 billion. This figure is expected to increase to $5.8 billion by 2025. Benefits of 3D Printing in automotive industry include: (a) Faster product development (b) Greater design flexibility (c) Customization (d) Creation of complex geometries.
The medical and dental industry is one of the fastest-growing adopters of additive manufacturing. Applications of AM in medical industry include (a) Enhanced medical devices (b) Personalised healthcare.
To remain competitive in an ever-changing market landscape, retailers and consumer-oriented industries must be able to adapt to evolving consumer demands and industrial trends in an agile way. Additive manufacturing meets these needs, providing a cost-effective approach to product development, testing and production. From consumer electronics to toys and sportswear, key players within the consumer goods industry are increasingly recognizing 3D printing as a valuable addition to existing manufacturing solutions. Benefits of 3D Printing for consumer goods industry include (a) Enhanced product development (b) Faster time to market (c) Mass customisation.
The industrial goods sector includes the production of machinery components, tooling and equipment used in the manufacture of other goods. With increasing production costs and the digitization of manufacturing, industrial OEMs must constantly evolve to maintain operational agility and keep costs down. Manufacturers are therefore increasingly turning to 3D printing to stay agile, responsive, and innovative. Benefits of 3D Printing for industrial goods include (a) Design complexity (b) Shorter lead times (c) On-demand production