Future Of 3D Printing: What to Expect In 2030?
3D printing technology is rapidly growing across multiple industries. As it’s becoming more accessible and affordable, even small-scale businesses have started using it. As a result, this 12.6-billion-dollar industry holds immense potential to drive a transformation.
One key reason behind the popularity of additive manufacturing is seamless personalization. As a result, manufacturers can ideate, design, prototype, and mass-produce intricate designs for half the price of the conventional process.
The image is used for illustration purposes. Karv Automation is not the owner or creator of the image. (Image Source: ZMorph3D from Pixabay)
According to several reports, 3d printed parts will surge with a compound annual growth rate (CAGR) of 15%. It means this industry’s 3d printing market value will touch the mark of 51 billion dollars by 2030. Healthcare, consumer, and OEM industries will play significant roles in driving massive growth.
When we think of the year 2030, the predictions can go significantly broader. Several cutting-edge innovations will go mainstream by this time. As of now, the majority of manufacturers are using 3d printing for prototyping. However, as time passes, we will see companies replacing their conventional assembly lines with this advancement.
On this note, let’s explore what we can expect from 3D printing technology in 2030 and what current 3d printing news and trends tell us about the future.
In the upcoming time, we will have more diversification of 3D systems within the in-house setups of companies. Currently, most manufacturers outsource their additive work, or they have a single in-house 3d production setup. But as this technology becomes accessible and affordable, companies can install dedicated printers in different departments.
We can expect the R&D department to get more resourceful and capable of conducting complex experiments. To speed up the time to market, companies will set up separate R&D departments and 3d printers-based manufacturing lineups. It’s possible to implement this today, but it will incur a substantial cost.
The 3D printing industry is famous for offering state-of-the-art personalization across multiple industries. However, personalization takes time, and it can be done in limited quantities at one time. By 2030, we will see greater personalization at a faster turnaround time. We can expect large-size industrial manufacturing offering real-time personalization at a lower cost.
Industries like automotive, consumer products, and healthcare will experience a massive transformation due to on-demand personalization. By 2030, 3d printing-based prototyping and tooling will grow exponentially. The 3d printed molds and tooling industry will touch the mark of 21 billion dollars by 2030.
Seamless Integration with Retail
Retail is among the hottest sectors where we can expect the growth of innovative 3d printing industry trends. With the retail industry offering more customization in the product lineup, the overall sales and customer retention will grow. By 2030, we can expect real-time design customization in various products like shoes, eyewear, and clothing.
By 2030, small-scale manufactures will also integrate 3d printing services to drive more revenue and customer traction. As of now, there are several 3d printing market trends that are transforming the retail industry. Some key examples are 3d-printed shoes, personalized jewellery, and more.
Without any second thought, 3d printing is a transforming technology that will empower several industries in the upcoming time. By 2030, we can expect more sophisticated implementations of additive applications. 3d printing future trends are broader than what we can anticipate now. It’s the right time for manufacturers to adopt this technology and prepare for the future.