Sunday, February 17, 2013

Tech News: 3D Printing – The Billion Dollar Industry


Forbes reports that according to industry analyst Terry Wohlers, the 3D Printing industry will reach $5.2 billion by 2020.



For those who don’t know, Additive Manufacturing, or 3D Printing, is a process in which someone could create 3D models of something designed on a computer.



The “printer” stacks layer upon layer of resin that eventually creates a 3D model from the design on the computer.



A more detailed explanation can be found here.



In a challenge presented by MakerBot and GrabCAD, auto enthusiasts were tasked with designing futuristic vehicles.



There were six selected from 151 entries, and each winning design was designed to hold one passenger.



President Obama spoke on 3D printing labs in his latest State of the Union speech saying he wants “to guarantee the next revolution of manufacturing is Made in America.”



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