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3D Printing Business Model

The growth of the 3D printing space has been very impressive over the last 18 months. There has been an explosion of interest coming from just about every direction. Consumers are buying more printers, the media seems to have an infatuation with the technology, and manufacturers are lusting after ways to incorporate 3D printing into their manufacturing and prototyping processes.

There are many intersecting sectors that 3D printing businesses encompass. Many students are now looking towards 3D printing as a business opportunity, a nascent realm where potentiality outweighs the current actuality, and the disruptive effect upon everything from aerospace to regenerative medicine, toys to movie props has yet to be fully fashioned, as much as how the industrialist, designer, maker and end user will connect. One such team of students is looking at this holistic perspective themselves, and their story provides an insight for other students looking to enter the world of 3D printing.

  • The growth of the 3D printing space has been very impressive over the last 18 months. There has been an explosion of interest coming from just about every direction. Consumers are buying more printers, the media seems to have an infatuation with the technology, and manufacturers are lusting after ways to incorporate 3D printing into their manufacturing and prototyping processes.
  • The 3-D printing industry value chain is extremely fragmented with no clear one-stop-shop solution provider or one that offers end-to-end solutions. The emergence of integrators providing products/services across the value chain will drive the mainstream adoption of the 3-D printers in manufacturing.
  • As 3-D printers become more affordable, accessible, accurate (high resolution), and most importantly faster, they are expected to disrupt or collapse more industries than previously thought possible. For example, in the automotive industry, 3-D printing has already evolved to produce thousands of advanced automotive product components with per unit process speed reduced from hours to minutes.
  • Increasing popularity of 3-D printing will create 4 key business models—direct manufacturing, contract manufacturing, 3-D printing as a service, and retail 3-D printing, with the latter 2 models being very unique. 3-D printing as a service is an online business model that is an amalgamation of contract manufacturing and the online marketplace model.

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