Additive Manufacturing Industry Insights

Aug 21, 2024

Additive Manufacturing Industry Overview

Pre-2020 Growth

  • Additive manufacturing industry growth averaged 27.4% year-over-year before 2020.

Impact of COVID-19 Pandemic

  • Global supply chains stalled, affecting production quotas.
  • Manufacturers leveraged 3D printing for:
    • Face shields
    • Masks
    • Nasal swabs
    • Ventilator parts

2021 Industry Recovery

  • Wohler's Report 2021: Industry grew 7.5%, reaching $12.8 billion in 2020.
  • 3D printed parts production increased significantly to combat pandemic challenges.
  • 3D Hubs 2021 report: 34% increase in engineering firms using 3D printing for functional parts compared to 2019.

Key Growth Areas

  • Largest increases in sectors:
    • Biotechnology
    • Transportation
    • Automotive

Major Investments and Innovations

  • GE: Invested over $3 billion in additive manufacturing, using it in products like:
    • Jet engines
    • Medical devices
    • Home appliances
  • Boeing's Dreamliner 787: First commercial aircraft using 3D printed parts, saving $2-3 million per plane.
  • On-demand spare parts reduce operational downtime and costs.

Case Studies

  • Etihad Airlines & Big Rep: Partnership in 2020 for on-demand part printing.
  • Open Hand Project: Prosthetic hands produced for $1,000, compared to $100,000 normally.
  • HP & Redington 3D: Produced 120,000 ventilator parts for Agva Healthcare in India quickly during the pandemic.

Challenges in Additive Manufacturing

  • Cost of Industrial Machines: Ranges from $100,000 to $5 million for metal part production.
  • Material Costs: 10-100 times higher than conventional manufacturing, affecting high-volume production.
  • Software Development: The gap between hardware and software is evident; current software is inefficient, leading to production gaps.

Role of Artificial Intelligence (AI) and Machine Learning

  • AI is crucial for future growth in additive manufacturing:
    • Enhances material development and part design.
    • Optimizes workflows and production processes.

Benefits of AI in Manufacturing

  • AI technologies can process data faster than humans, improving efficiency:
    • Generative Design: AI can autonomously design parts free of traditional manufacturing limitations.
    • Inspection & Quality Control: AI systems can predict material behavior and spot defects during production.
  • Example: Inkbit: AI-based vision system scans 3D printing layers, predicting material behavior.

Efficiency Gains

  • AI can potentially cut production time from 30 minutes to seconds per job.
  • Improves printer utilization, material selection, and defect detection.
  • Reduces need for specialized knowledge and helps automate processes.

Conclusion

  • Incorporating AI in additive manufacturing can position it as the manufacturing solution of the future.