In today’s time, 3D printing is gaining immense popularity among technological companies, investors, and innovators alike. Everyone from the tech world is looking forward to explore the potential of 3D printing technology. With the help of 3D printing technology, it is not only possible to create high-tech gadgets, but an entire house as well, and in matter of just few hours. So, what you need to know about this upcoming industrial revolution? Let’s find out.

The appealing potential of 3D printing

As per some reports, the revenues obtained from 3D printing can exceed the mark of $21 billion by the year 2020. Hence, we are looking at a huge-huge industry here. In this industry, HP (Hewlett-Packard) perhaps holds the top position. No doubt, HP ventured into this market quite early, which allowed the company to come up with low-cost version of 3D printers. These printers were aimed at Enterprise Market, and have been the first step towards production of physical objects/products on an industrial scale; in short- a new revolution.

Key success factors for 3D printing technology

The further development in 3D printing technology depends mainly on the factors like economics, policies, technological feasibility, and politics as well. Nevertheless, it is absolutely true that the future of 3D printing technology is absolutely bright. Till now, a lot has been already accomplished in this regard. Apart from printing prototypes and models, innovators have come up with feasible products showing complete usefulness.

For example, in the arena of medicine, bioprinting is turning out to be a huge success. It is a process of printing complicated living tissues with the help of 3D printers. This new thing is proving to be useful for regenerative medicine. The combination of stem cell research and 3D printing technology can bring in amazing results. It can revolutionize the way organs are transplanted. No more the medical centers or the receiver of an organ will have to depend on external factors.

Even in the aerospace industry, now it easier to design and produce vital parts of aircrafts through 3D printing technology. It will not only save time, but costs as well. Moreover, 3D printing will also add more smoothness to the supply chain of non-critical parts. In the same way, the automobile industry will get benefitted. In fact, it is already witnessing, and the result is in front of us- “Strati”, a 3D printed car. Overall, it is a fact that 3D printing technology will not only help save time and costs, but enhance the efficiency of many industries as well.