Essentium survey reveals confidence in industrial scale 3D printing, a technology that would create a $ Billion Bump

Essentium, a provider of industrial 3D Printing solutions, has recently carried out a survey that reveals confidence in industrial scale 3D Printing. According to the survey, “deployment of industrial scale 3D printing is at a tipping point amongst 3D production manufacturing stakeholders and decision makers”.

In fact, 21% already use 3D Printing for full scale production part runs and 88% believe in its economic advantage in various manufacturing industries.

Despite these positive outlooks, one notes that cost, scale, part strength and skills remain the main barriers in this struggle for full industrial scale 3D Printing. Furthermore, forty-two percent of respondents stated current 3D printing technologies are too expensive, 35% stated that the cost of materials is too expensive, 31% stated that printed parts are not reliable, and 30% reported a lack of expertise.

Among the current solutions that are available on the market, Essentium reminds that its High-Speed Extrusion (HSE) Platform resolves speed and scale obstacles. Its technology has already been exploited in various manufacturing industries.

While traditional simple prototyping is currently the most common use case of 3D printing in manufacturing with 61% of survey respondents reporting to use the technology in this way, 60% are using the technology to produce manufacturing aids and tooling jigs, close to half, 45%, are using it for limited run production parts, while 21% are already using the technology for full-scale production part runs.

Images via Essentium

Essentium CEO, Blake Teipel said, “The potential of 3D printing in the $12 trillion market that makes up industrial manufacturing – including materials, design cycles, production, manufacturing, supply chain and innovation – is starting to be unlocked and will soon transform the way things are produced and the supply chains involved. The results of our survey validate this. It is also hugely encouraging to see how positively our market views the potential of industrial 3D printing and appears to be readying to embrace it.”

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