Manufacturing industry revolutionized by new tech

By IVCPOST Staff Reporter

Jul 13, 2013 12:55 PM EDT

The global manufacturing industry is preparing for the coming of a new age. The latest development in manufacturing, 3D printing has been reshaping many aspects of the industry since its inception.

Currently, industrial applications hold the largest portion of the 3D printing market. According to a 2012 figure by CNN, almost 95% of the 3D printing market include the manufacturing industry.

3D printing is a new technology which creates three dimensional objects, any shape or form, based on a digital model. Technically, any object that can be imagined by the human mind can be 'printed out' by a 3D printing machine.

One possible advancement brought about by the technology is the creation of interlocking parts. 3D printing removes any need for assembling in the manufacturing process. This will reduce time and costs, and is expected to boost manufacturing all over the world.

Analysts predict that the aerospace industry, as well as medical technology manufacturing will invest great amounts in this new trend.

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