3D printing, also known as additive manufacturing, has taken the technology world by storm. 3D printing is considered as one of the revolutionary technologies that have a strong potential to alter the established manufacturing process. The potential of 3D printing is dynamic and diverse and many sectors are coming up with new innovations every year as the technology becomes more effective, affordable, and efficient. By application, the global 3D printing market is segmented into medical, automotive, industrial, aerospace, education, military and defense, and others.
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The two key sectors leading the global 3D printing market are the medical and automotive industries. Here are the trends that are driving and will continue to drive the application of 3D printing in the automotive and medical sectors in the coming few years.
Manufacturers in the automotive sector were among the earliest adopters of additive manufacturing technology. At present, rising utilization of 3D printing is seen in the manufacturing processes of several carmakers.
Some of the key automotive companies deploying 3D printing in the production of mainstream cars are Ford, Honda Motor Co., General Motors, and Daimler AG.
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3D printing is supporting customization of medicine. This is the new trend expected to propel the global 3D printing market in the years to come.
Some of the companies using 3D printing for commercial medical applications are Helisys, Organovo, and Ultimateker.