3D Printing: Why Manufacturers Love It

Stratasys is honored to be ringing the closing bell of the NASDAQ stock exchange today. NASDAQ is among the world’s premier financial markets and is known for trading technology sector growth-type stocks. NASDAQ has been operational since 1971; Stratasys joined the exchange in 1994.

Additive manufacturing technology is an interesting topic in the financial world. As 3D printing receives more attention from users and admirers, there is increasing coverage of its potential to remake manufacturing from the ground up. Breakthroughs and advancement in this field are constant, furthering additive manufacturing’s potential to rephrase markets worldwide. Many fields have already put 3D printing technology to excellent use including consumer goods and electronics, aerospace, automotive, defense, medical, dentistry, athletics, architecture, entertainment, and education – and we believe there is more potential for ground-breaking 3D printed applications.

What can additive manufacturing offer? Companies big and small benefit from the ability to design and produce prototypes without the delays of traditional tooling and manufacturing, radically decreasing the time between design iterations. This frees designers focus on creativity rather than worrying about losing time, and promotes end user satisfaction. Scott Goodman, a vice president of Mattel Inc., explained that 3D printing “allows us to be far more productive, efficient and innovative in designs.”

jeffrey immelt, ge ceo, 3d printing

Image courtesy Penn State University

Designs that are 3D printed “as proof of concept” can then be manufactured on a small scale for product testing. For specialized or personalized products, additive manufacturing presents a way to manufacture end-use products quickly and accurately, with less waste of materials, time and money. The CEO of GE, Jeffrey Immelt, stands behind additive manufacturing for this reason: “[It] helps you make the product from the core up so you have less waste. The tool is cheaper, the time is faster.”

obama, 3d printing, state of the unionAs companies all over the world discover the benefits of 3D printing, Stratasys is proud to be an industry leader and included in NAMII (the National Additive Manufacturing Innovation Institute), referred to in President Obama’s 2013 State of the Union speech. “A once-shuttered warehouse is now a state-of-the art lab where new workers are mastering the 3-D printing that has the potential to revolutionize the way we make almost everything.”

So Stratasys is not only ringing the closing bell for NASDAQ, but it’s also ringing the opening bell for a new era for 3D printing and manufacturing.

This post is also available in: French

Comments

  1. The most amazing progress I’ve seen in the 3D-printing industry is the printing of rubber-like materiales (any hardness shore), digital materials by mixing both rigid (any color) and flexible, high-temperature resistant materials, and 100% translucid materials. Also the 3D printer’s build trays printing volume have increased allowing to produce make-to-order bigger parts in a cheaper and faster way (directly from 3D design file), rather tan wating for a mould to be design (and expecting it’ll work and the part will fit).

  2. Yoni Kaplan says:

    WhileI love high fidelity prototypes, there is no mention of end use consumer goods, even for manufacturers. There was an article about 3d printed molds and tooling from Stratasys a while back. Are there resources for that area a well?

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