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3-D printing will upend conventional manufacturing

Monday, February 2, 2015

Significance

Medicine has been one of the pioneering areas of 3-D printing, which itself is one of the most significant current developments in manufacturing. The technology could revolutionise products, reshape value chains and change business models. With more than 200 start-up companies developing commercial and consumer-oriented 3-D printers, the impact on conventional manufacturing, which accounts for approximately 16% of the world's GDP, could be tremendous.

Impacts

  • Some larger companies are already requiring suppliers to use 3-D printing.
  • 3-D printing will target the aerospace, automotive, medical device and electronics industries.
  • 3-D printing could prove most valuable in remote locations or scientific expeditions, where supply costs are highest.
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