[1] 3D printing, also referred to as additive manufacturing or rapid prototyping technologies, has gained popularity during recent years due to rapid technical development in the area.

In phase one, architects, artists, and product designers used 3-D printing technology to make prototypes or mockups of new designs. The 3D printing industry is moving so quickly that some estimate that by 2025, 10 percent of consumer products will be created using a 3D process. The Economist calls 3D printing the third Industrial Revolution, following mechanization in the 19th century and assembly-line mass production in the 20th century. We are on the verge of the next great industrial revolution, based on 3D printing. It would certainly seem that way. In the long term, the range of industrial 3-D printing applications will skyrocket as new 3-D printers are able to accommodate larger products and achieve greater levels of precision. 3-D printing has undergone a three-phase evolution process. 3-D printing company MakerBot recently announced MakerBot Academy, a crowd-funded initiative that aims to get a 3-D … The potential of 3D printing has captured people’s imaginations. The 3D printing industry is moving so quickly that some estimate that by 2025, 10 percent of consumer products will be created using a 3D process. April 7, 2017 4 Minute Read.

Mentioned below are 8 reasons why 3D printers will bring the next industrial revolution 1. Between now and then, the market size will grow to $8.4 billion. 3D Printing: The Next Industrial Revolution explores the practicalities and potential of 3D printing today, as well as trying to realistically foresee the impact of 3D printing on the world of tomorrow. With the recent entry of GE into the additive manufacturing market, there is another industry heavyweight joining HP to ignite the next industrial revolution.. We see it as a strong vote of confidence that GE is investing $1.4 billion to buy two European 3D printing companies, Germany's SLM Solutions Group and Sweden's Arcam. One of the major reasons for its growing popularity is the expiry of “Sole Rights” of several 3D printing technologies and the subsequent impact on the prices of printers. Here's how it will disrupt and transform manufacturing in the next 10 to 15 years. Between now and then, the market size will grow to $8.4 billion. Will 3D printing usher in the next industrial revolution? Price point. UPS is proud to present this study, which offers valuable insights into the current and future trends for industrial 3D printing. And 3D printers and CNC mills are getting cheaper and cheaper. And now it is being lauded as "the next big thing" in education tech.

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3D printing and blended reality—the dawn of the next Industrial Revolution? RELATED ARTICLES: 10 Metal 3D Printing Companies You Should Know There should also be significant declines in material and machinery costs as more individuals and firms adopt this technology.