3D printing industry revenue


Three Areas Holding Back The $10.6B 3D Printing Industry

Market research firm SmarTech Analysis recently released its data for the additive manufacturing (AM) industry. It determined that, in 2021, the 3D printing sector reached $10.6 billion in revenue, excluding the revenues associated with hardware maintenance contracts and post-processing equipment. The firm further projects that AM is expected to grow to over $50 billion by 2030.

The 3D printing industry is projected to reach over $50 billion by 2030, according to one market ... [+] research firm.

Image courtesy of SmarTech Analysis.

This growth is closely pinned to the trend that large manufacturers will increasingly use the technology for mass production. However, in order for AM to reach wide-scale adoption, it will need to advance significantly in three crucial and interrelated areas: throughput, factory integration, and quality control. Fortunately for the industry, these are all also issues that are being actively addressed.

3D Printing Throughput

Due to its roots as a prototyping technology, 3D printing was never designed with mass production in mind. Instead, its ability to create complex shapes has been limited to one-off parts or small batch manufacturing. For that reason, firms across the 3D printing industry have been working to develop systems that can make many parts as rapidly as possible, a concept known as throughput.

Among the leaders in this regard is HP, which spent years researching the technology before finally unveiling technologies capable of rapid production both in plastics and metals. The 2D printing giant has ported its expertise in inkjet printheads over to 3D printing with a technology called Multi Jet Fusion (MJF). MJF is already being used to produce large batches of polymer parts for everything from eyewear to grocery bots.

Legor Group in Italy is using HP Metal Jet to 3D print functional stainless steel accessories for ... [+] the jewelry and fashion markets.

Image courtesy of Legor Group SPA.

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This is just the beginning for the company, which is now rolling out its Metal Jet technology. A form of what is called “metal binder jetting,” Metal Jet deposits a liquid binder onto metal powder, creating a component that must then be sintered in a furnace. Customers as large as Volkswagen are investing in the technology with a plan to mass produce up to 100,000 metal components annually for consumer vehicles.

However, HP isn’t the only company in this quickly evolving space. A widely publicized startup called Desktop Metal is working to speed up metal binder jetting. GE, too, is working on its own version of the technology. Altogether, these companies are ushering in an era in which low-cost metal powders can be used to 3D print large numbers of parts in a single job, potentially changing the cost structure for metal 3D printing altogether.

This means that they will be taking on the established leaders in metal 3D printing, which typically rely on zapping high powered laser beams at expensive metal powders. These companies are working on increasing throughput, as well, by adding up to 12 lasers to their machines.

3D Printing Factories

While a fleet of 3D printers may be capable of manufacturing at volume, that doesn’t mean that they’ll necessarily fit into an existing factory operation. In large part, this is due to the fact that they lack mass production-level software.

Now, a handful of startups have emerged to take on the challenge of developing AM-specific software for manufacturing execution systems (MES). These tools make it possible to both manage a fleet of 3D printers and connect them to a company’s existing production software. They typically aid in the entire order-to-fabrication workflow. This means order quoting and tracking, print file preparation, print job monitoring and data collection, printer fleet queuing, quality control, and shipping.

MES software necessarily connects to a business’s existing software tools. This includes product lifecycle management (PLM), enterprise resource planning (ERP), and general IT software. While PLM might include a company’s preferred 3D modeling software, ERP will be made up of everything from payroll programs to tools for tracking overall finances.

MES platforms are now working to take all of the software that a manufacturer might already be working with and inserting 3D printing into the mix. However, they’re not just limiting themselves to AM. Many MES developers are looking to connect with other production equipment, such as CNC machines. Then, with the help of machine learning, the entire workflow can be improved automatically as data from each order and each machine job feeds back into the work cycle. Artificial intelligence is significantly adding to the capabilities of MES software.

3D Printing Quality Control

Perhaps the biggest obstacle to widespread AM adoption is quality control. This is because, with additive, each part is distinct. Every point on the build platform may be slightly different and even the slightest variation in a printing parameter may change the microstructure of the printed object.

In turn, an object printed at one angle will not be the same as one printed at another. And, because parts are built up layer by layer, it is difficult to validate the internal geometries of an item once printing is complete. As a result, the only true way to assure the quality of a printed object is with a CT scan, typically a cost-prohibitive method for inspecting multitudes of parts.

Fortunately, not only are newer CT scanning systems with lower price tags coming onto the market, but there are other tools that are being used to ensure the quality of printed parts. Among them is computer simulation. Companies like ANSYS have developed software that can anticipate any defects that occur during the printing process and compensate for them. Hexagon is taking this one step further by predicting issues at the microscopic level.

Meanwhile, firms like Sigma Labs and Additive Assurance have created hardware to monitor the build chambers of metal 3D printers to detect errors. Increasingly, these tools will enable active feedback so that the machines can quickly correct issues during the print process. When connected with MES software and 3D printing simulation, the equipment can learn from past errors and address them before they even happen in the future.

Altogether, these areas are advancing at incredible rates, in large part because manufacturers see the value in being able to produce objects from digital files on demand. As companies as large as Ford, GE, and Siemens look to 3D printing to produce quality end parts, they are driving the entire additive market to bend to their needs. To reach a whopping $50 billion by the end of the decade, the 3D printing industry has to be capable of making millions of parts for those customers.

3D Printing Market Size, Growth

The global 3D printing market size was valued at USD 15.10 billion in 2021. The market is projected to grow from USD 18.33 billion in 2022 to USD 83.90 billion by 2029, exhibiting a CAGR of 24. 3% during the forecast period. Based on our analysis, the global market exhibited an average growth of 20.2% in 2020 as compared to 2019.

Rapidly increasing digitization, increasing adoption of advanced technologies such as Industry 4.0, smart factories, robotics, machine learning, and others fuel the demand for online 3D printing for simulation purposes. These technologies increase the chances of broader adoption and greater utilization of this technology across industries, including aerospace, automotive, healthcare, among others. For instance,



  • Aerospace companies are exploring this 3D printing for manufacturing various hardware parts of their products. For instance, Boeing leverages industrial 3D printing to manufacture the interior parts of its plane, whereas, NASA uses it to build rocket engines and parts of the satellite.

  • Automotive industry is expected to show a huge adoption of this technology. Rapid tooling incorporated with additive manufacturing has become the priority of many automotive manufacturers. Customization of the automotive interior is another major application of this technology in the automotive industry.


COVID-19 IMPACT

Supply Chain Disruption and Halts on Production Units Negatively Impact Printing Industry Amid Lockdown

Post outbreak of the COVID-19 crisis, industrial hubs, manufacturing sectors witnessed an immediate supply chain disruption and halts on production. As a result of the fast-spreading pandemic, the overall industrial production across the globe experienced a sharp decline. It was demobilized, reflecting supply chain disruption, and reviving financial market conditions. The crisis forced market players across the globe to reduce their operational expenditure. Fewer operation expenditures restricted the investments of market players in this technology in 2020, impacting the 3D printing market growth.

The temporary closures of the factories in major economies such as China, Southeast Asia, the U. K., Germany, and others have impacted the production plants of the 3D technology industry and operations of suppliers resulting in short-term supply shortages. Manufacturing capacity was observed to be restored to normalized levels by the end of July 2020. The short-term disruptions in supply shortages have resulted in logistics challenges, including delays in delivering services to end-use industries. Such a situation affected the company’s ability to meet the technology demand of the end customers. For instance,



  • Stratasys, one of the well-known companies in the market, experienced dip in sales in the early months of COVID-19 pandemic. However, later, the company started rebounding as it picked up new manufacturing contracts.

However, the study conducted by the ‘Society of Manufacturing Engineers’ states that 25% of the manufacturers in the United States plan to change their supply chains in response to the pandemic. The study also found that they prioritize investing in this technology post-COVID-19 out of other technologies such as robotics, 5G, digital security, and artificial intelligence. This shows that the increasing investments of manufacturers in 3D technologies are likely to uplift the growth of the market in the forthcoming years.


LATEST TREND


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Advancement in 3D Hardware and Software is Generating New Revenue Streams for Market Players

Techno-savvy start-ups and established market players are upgrading and developing new technologies. The advancements in hardware have led to faster and reliable 3D printers for production applications. Polymer printers are one of the most used 3D printers.



  • According to a 2019 report by Ernst & Young Global Limited, 72% of the enterprises leveraged polymer additive manufacturing systems, whereas the remaining 49% used metal additive manufacturing systems. The statistics show that developments in polymer additive manufacturing would create new market opportunities for market players.

Fused Filament Fabrication (FFF) and powder bed fusion technologies such as Multi Jet Fusion offered by HP Inc. are expected to be the most preferred industrial 3D technologies by the manufacturers due to their ability of volume manufacturing and high productivity. Similarly, resin-based technologies such as digital light processing (DLP) and Stereolithography (SLA) are more likely to have a growing demand from the dental and consumer goods industry.

Similarly, software developments are gaining pace in the 3D industry driven by the demand to streamline operations. The technology has been extensively used in the manufacturing process, which has surged the need for software that can help manufacturers to increase production volumes and enhance their additive manufacturing processes efficiently.


DRIVING FACTORS

Substantial Investments of Governments and Tech Giants to Foster Market Growth

Many countries across the globe are experiencing massive digital disruptions in advanced manufacturing technologies. The United States is a potential user of 3D technology. In 2018, the United States Department of Defense included this technology as an important capability in their budget. Even tech software giants such as Autodesk, Microsoft, and HP have launched products aimed at additive and 3D printing manufacturing.

Similarly, China is making significant efforts to maintain the competitive index of the manufacturing industry in the global market. Chinese manufacturers foresee this technology as both a risk and opportunity for the Chinese manufacturing economy, and hence they tend to invest in the research and development of this technology.

Whereas India is looking forward to this technology as an opportunity to increase its share in global manufacturing competitiveness. The market in India is supported by active government initiatives such as the ‘Make in India’ Initiative.

Korea has established an independent roadmap for research and development of this technology and provides national support to execute it. The government of Korea is introducing tax incentives and accelerating industry regulatory agreements to encourage the adoption of this technology.

The U.K. government has developed an independent 3D technology strategy; however, it is witnessing some uncertainties in the U.K. manufacturing sector due to Brexit. Germany is expected to define new strategies for the technology as Germany has a well-established Industry 4.0 infrastructure.


RESTRAINING FACTORS

High Initial Investments to Restrict Market Growth

High initial investments are observed to be the most significant restraint for adoption of this technology. This investment encompasses investment in hardware, software, materials, certification, additive & manufacturing education, and training for the employees. The capital costs and resources required to set up a 3 dimensional system are quite expensive than traditional printing methods.

However, with the introduction of the industrial Desktop 3D printer, the manufacturers are helping the end-customers cut the high initial costs.  Desktop printers are easy to use and handle and also are less expensive than the 3 dimensional system.


SEGMENTATION


By Component Analysis

Wider Adoption of the Software to Make Designs of Objects and Parts to Fuel its Growth Rate

On the basis of component, the market is divided into hardware, software, and services.

Adoption of hardware for manufacturing 3D printed material is maximum and is likely to maintain its dominance during the forecast period. The demand for hardware is increasing as major key players are enhancing their product portfolio and launching new technologies to serve high demand from several industry verticals. Companies are investing in research & development activities, which have a positive impact on the market growth.

The software is expected to grow at a high CAGR during the forecast period. The 3D printing software is widely used in different industry verticals to design the objects and parts to be printed. As manufacturing companies are shifting away from traditional manufacturing methods, the adoption of 3D software has grown to print iterations of different manufacturing parts.


By Technology Analysis

Fused Deposition Modeling (FDM) Technology to be at Forefront

Based on technology, the market has been divided into FDM, SLS, SLA, DMLS/SLM, Polyjet, Multi Jet Fusion, DLP, Binder Jetting, EBM, CLIP/CDLP, SDL, and LOM.

Among these, fused Deposition Modeling (FDM) technology captured the maximum share in 2021. The growth of FDM is mainly due to the ease of operation and advantages associated with the technology. FDM technology is highly used in making durable, strong, and dimensionally stable parts.

Direct Metal Laser Sintering (DMLS/SLM) technology is expected to grow at a high CAGR during the forecast period. The technology promotes the production of high-quality metal components, which makes them suitable for the manufacturing industry since they enable the creation of complex geometries of metals of extremely small sizes.

Selective Laser Sintering (SLS) is expected to show significant growth in coming years. SLS finds a wide variety of vertical applications, including aerospace, defense, automotive, and others. Polyjet, Multi Jet Fusion, DLP, Binder Jetting, EBM, CLIP/CDLP, SDL, LOM technologies are expected to witness a significant rise in adoption in the upcoming years.


By Application Analysis


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Prototyping to Capture Maximum Market Share Due to its Widespread Acceptance Across Various Vertical Industries

This technology has application in prototyping, production, proof of concept, and others.

Due to widespread acceptance of the prototyping process across various vertical industries, the prototyping represented the largest market share in 2021. Prototyping helps businesses to achieve greater precision and produce consistent end products. This technology helps to manufacture 3 dimensional computer-aided design (CAD) models and prototypes.

The production is expected to witness strong growth during the forecast period. While manufacturers are shifting their traditional manufacturing units toward advanced manufacturing processes, the adoption of this technology to produce complex and low-volume parts is expected to grow during the forecast period.


By End User Analysis

Automotive Industry to Lead Market Owing to its Maximum Use in Producing Prototype Equipment

Automotive, aerospace and defense, healthcare, architecture and construction, consumer products, education, and others are some of the end-users of 3D printing.

The adoption of this technology in the automotive industry is expected to hold a maximum share in 2021. For decades, the automotive industry has been using this technology to produce prototype equipment and small custom products in a short time span. The technology is being widely used for the construction of lightweight components for automobiles and OEMs.

Additive manufacturing has tremendous potential for the aerospace industry, where light, solid, and geometrically complex parts are required — and normally manufactured in limited quantities. Aerospace and defense companies are heavily using this technology to produce lightweight components.

Additive processing in the healthcare industry helps create artificial tissues and muscles that mimic normal human tissues that can be used in substitution operations. These skills are anticipated to lead to vertical acceptance of 3DP in healthcare and the sector's development.

On the other hand, architecture and construction, consumer products, education verticals are anticipated to grow at a significant CAGR during the forecast period.


REGIONAL INSIGHTS


North America 3D Printing Market Size, 2021 (USD Billion)

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Geographically, the market is divided into five major regions such as North America, South America, Asia Pacific, Europe, and the Middle East & Africa. They are further categorized into countries.

Globally, North America accounted for the maximum share in the global market mainly due to rising expenditure on advanced manufacturing technologies by developed countries such as Canada and the U.S. Also, various government agencies, such as the National Aeronautics and Space Administration (NASA), have identified major R&D investments that can greatly contribute to space applications and create new technologies that drive business expansion.

Europe holds the second-highest market share in the global market. The demand for this technology is high among small and medium-sized industries that require high-speed, reliable, and inexpensive prototypes for manufacturing purposes. The regional market is expected to showcase strong growth in the adoption of this technology in the manufacturing and semiconductors industry.

Asia Pacific is anticipated to grow at the highest CAGR during the forecast period. An increasing interest in the development of a sustainable 3D printing environment has been backed by APAC manufacturers and the implementation of several policies and legislative proposals by governments in the region. Given the massive government funding for the industry, China is possibly the main force behind adopting this technology in Asia.


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The Middle East & Latin America is expected to showcase high growth during the forecast period. The rapid adoption of 3D technology in the region is mainly due to technological advancements and improvements in the manufacturing industry.


KEY INDUSTRY PLAYERS

Companies are Focusing on Partnership and Collaboration Activities for Safer Internet Environment

The prominent players of the market are focusing on offering advanced and innovative solutions catering to the growing needs of industries. These key players are investing in R&D to provide innovative services and materials. They are entering into strategic partnership and collaboration to provide next-generation solutions. These companies are offering consumer-centric solutions to help in boosting business growth. Similarly, the key players are keen on offering a vast range of 3-dimensional materials to grow across every industry application.

February 2022 – Imaginarium partnered with Ultimaker to introduce desktop & industrial 3D printer range in the India market. This partnership would help Ultimaker to expand its business in India, where additive manufacturing is anticipated to reach a point of breakthrough in the coming years.

November 2021 – 3D Systems is planning to enhance additive manufacturing innovation through partnerships and launch of products. The company launched new 3-dimensional printing tools and collaborated with the U.K.-based startup Additive Manufacturing Technologies (AMT) to present novel 3-dimensional printing workflows and improve AM software, which is ideal for automotive components.


List of the Key Companies Profiled:



  • 3D Systems Corporation (U.S.)

  • The ExOne Company (Germany)

  • voxeljet AG (Germany)

  • Materialise NV (Belgium)

  • Made in Space, Inc. (U.S.)

  • Envisiontec, Inc. (Germany)

  • Stratasys Ltd. (U.S.)

  • HP, Inc. (U.S.)

  • General Electric Company (GE Additive) (U.S.)

  • Autodesk Inc. (U.S.)


KEY INDUSTRY DEVELOPMENTS:



  • March 2022 – South Africa’s Department of Science and Innovation (DSI) launched a pilot project to build around 25 houses by utilizing 3D printing technology to combat the shortage of housing in the country.

  • March 2022 – 3DGence, a European manufacturer, launched a new industrial FFF machine, INDUSTRY F421, which is well-suited with high performance materials. Additionally, the firm has also introduced AS9100, a new high-temperature filament, which is made using polyether ether ketone (PEEK) and certified for use in defense and aerospace sectors.


REPORT COVERAGE


An Infographic Representation of 3D Printing Market

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To get information on various segments, share your queries with us

The global 3D printing market research report highlights leading regions across the world to offer a better understanding to the user. Furthermore, the report provides insights into the latest industry growth trends and analyzes technologies that are being deployed at a rapid pace at the global level. It further offers drivers and restraints, helping the reader gain in-depth knowledge about the market.


REPORT SCOPE & SEGMENTATION

























































  ATTRIBUTE


  DETAILS


Study Period


2018-2029


Base Year


2021


Estimated Year


2022


Forecast Period


2022-2029


Historical Period


2018-2020


Unit


Value (USD billion)


Segmentation


By Component, Technology, Application, End-User, and Region


By Component




  • Hardware

  • Software

  • Services


By Technology




  • Fused Deposition Modeling (FDM)

  • Selective Laser Sintering (SLS)

  • Stereolithography (SLA)

  • Direct Metal Laser Sintering (DMLS)/ Selective Laser Melting (SLM)

  • Polyjet

  • Multi Jet Fusion

  • Digital Light Processing (DLP)

  • Binder Jetting

  • Electron Beam Melting (EBM)

  • Continuous Liquid Interface Production (CLIP)/ Continuous Digital Light Projection (CDLP)

  • Selective Deposition Lamination (SDL)

  • Laminated Object Manufacturing (LOM)


By Application




  • Prototyping

  • Production

  • Proof of Concept

  • Others (R&D, Tooling, and Others)


By End-User




  • Automotive

  • Aerospace and Defense

  • Healthcare

  • Architecture and Construction

  • Consumer Products

  • Education

  • Others (Food, Fashion, and Others)


By Region




  • North America (By Component, By Technology, By Application, By End User, and By Country)

    • U. S. (By Application)

    • Canada (By Application)



  • Europe (By Component, By Technology, By Application, By End User, and By Country)

    • U.K. (By Application)

    • Germany (By Application)

    • France (By Application)

    • Italy (By Application)

    • Spain (By Application)

    • Rest of Europe





  • Asia Pacific (By Component, By Technology, By Application, By End User, and By Country)


    • China (By Application)

    • Japan (By Application)

    • India (By Application)

    • Southeast Asia (By Application)






    • Rest of Asia Pacific



  • Middle East & Africa (By Component, By Technology, By Application, By End User, and By Country)

    • GCC (By Application)

    • South Africa (By Application)

    • Rest of the Middle East & Africa



  • Latin America (By Component, By Technology, By Application, By End User, and By Country)

    • Brazil (By Application)

    • Mexico (By Application)

    • Argentina (By Application)

    • Rest of Latin America




Forecast of 3D printing market growth in 2020

Analytics and business

Author: Semen Popadyuk

Author: Semyon Popadyuk

3D printer sales forecast up to 2020 | Profit Growth Forecast | Manufacturing and 3D printing | Changing budgets for additive technologies | Why manufacturers use 3D printing

Predicting the future of the 3D printing market is no easy task. This relatively new technology puzzled many analysts: they could not imagine what practical problems new types of magic machines could solve in the future. When 3D printing was booming in the late 2000s and early 2010s, the phrase “3D printer for every home” seemed very tempting. However, it soon became clear that things were not so simple.

The 3D printing industry is growing rapidly. The next milestone - production

3D printing is not a technology that is meant for everyone and everyone. Working on a 3D printer, it is not enough just to press a button and get a finished product. Additive manufacturing includes 3D design, post-processing and a general understanding of how the equipment works - that's when the scheme will work in full force. The result was overly optimistic forecasts for the 3D printing market, which did not materialize.

Without exception, industry analysts are predicting skyrocketing 3D printer sales, profits and potential applications by 2020. The increased use of 3D printing as an effective tool for manufacturing companies will play a huge role in this projected growth.

This infographic shows the expected growth of the 3D printing industry in the coming years:

15 times more 3D printers expected to be sold by 2020

In its Global 3D Printer Forecast 2016 report, Gartner notes a rapid growth in 3D printer sales (108%) between 2015 and 2016 (219,168 printers sold in 2015, 455,772 in 2016). Analysts do not foresee a slowdown in sales growth in the foreseeable future. According to a Gartner report, over 6.7 million 3D printing devices will be sold in 2020. This is more than a 15-fold jump from the 2016 summary.

Estimated 3D printing industry profits of $21 billion by 2020

Gartner is not alone in its predictions for the 3D printing market. According to Wohlers, global profits in this area in 2016 amounted to $6 billion, in 2017 it will grow to $9 billion, in 2018 to $12 billion, in 2019 to $16 billion and will reach $21 billion. in 2020.

71% of manufacturers use 3D printing today

We have seen how the 3D printing market is predicted to grow overall. Now consider what role manufacturers will play in this growth. A PWC survey of manufacturers found that 71% of those surveyed use 3D printing to some extent (compared to 66% last year). It also found that 20% of manufacturers are using 3D printers to produce finished parts, up from 10% the previous year.

50% of manufacturers plan to increase their 3D printing budget within the next year

As can be seen from the PWC study, many companies are actively implementing additive manufacturing. According to Fast Radius, manufacturers have not only mastered the technology, but have achieved positive results, and therefore plan to increase spending on 3D printing over the coming year. This applies to more than 50% of respondents, while 33% noted that they would increase the relevant budget items by more than 50% compared to the previous year.

60% of manufacturers use 3D printers to make functional units

Manufacturers who adopt 3D printing will use it for a variety of purposes, from simple experimentation to prototyping and printing functional assemblies. According to the aforementioned Fast Radius study, manufacturers mainly use 3D printing for prototyping (77%), while printing of functional assemblies falls slightly short of this figure (60%).

Global analysts see potential progress in the 3D printing industry. The market is expected to grow astronomically over the next four years, from the number of devices sold to total revenue. One of the main drivers of growth will be manufacturing companies actively adopting 3D printing as a viable alternative to traditional manufacturing methods. Having gone from prototyping to the production of finished products, 3D printing will become one of the key factors in the development of industrial production.


Translation from English. Original text and infographic: www.typeamachines.com


Article published on 09/25/2017, updated on 03/04/2022

Let's talk about the beginning of earnings? Business model with 3D printer

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Good day to all.

Quite often I see questions about "starting a 3D printing business". Therefore, I would like to share my thoughts on this issue. The article will not have a ready-made business plan, but there will be ground for reflection on it (I hope). In order not to be unfounded, below are the Yandex search statistics. These statistics are only from Yandex, so you can safely multiply by 2.

Actually, what I'm talking about. Many people buy 3D printers in the hope of additional income from the provision of 3D printing services. Often, thoughts like: "I'll post an ad on Avito and orders will go through people's heads. " Many of these businessmen simply remain alone with the printer or sell it afterwards. The competition in this area is already simply colossal and is only growing. Therefore, climbing into the service sector of this format without investing in advertising seems to me not the best idea. Moreover, almost two printer costs will have to be invested in advertising in this direction. Generally not an option. There is one way out for stuffing the client base - this is price dumping with its subsequent increase. But here, let everyone decide for himself whether he is ready, filling the base, at first to print "for 0" or even in the minus.

The second option is already less common, but still relevant in this matter. 3d modeling + 3d printing. This format of the service is in great demand and you can already earn at least on modeling, and at the same time spend only time. Everyone should determine the price of their time for themselves, since we are all different. But even here there is more than enough competition.

Well, now actually what I want to talk about. At the time of purchase of the 3D printer, I already knew what I was going to do with it. For me, it was initially a tool to a greater extent, and not earnings. Noah understood that I could print, which would bring me some kind of income. Of course, I will not say what my projects are, but I want to share the logic of thought, or, if you like, the business model.

1st version

The beauty of a 3D printer is that there is no need to create a batch on it, to make molds or molds for casting parts. You can get by with a sample. And I think that a person who buys a 3D printer for business needs to know what he will do on it. At least roughly calculate the cost of production and the real demand for the product on the market. As an example, I can cite the sale of handles for a metal detector on Avito. I didn’t go deep into this issue, but I suspect that this thing is useful. In general, one of the options is to take as a basis a part that is in demand (perhaps some kind of automotive) on the market, learn how to print it at least well, and already post an ad on Avito or on specialized forums. This behavior can kill two birds with one stone. There is no need for advertising, since this product is already needed by someone, and Avito itself will give your ad on the Internet, including if you format it correctly (I advise you to watch a video on this topic), and there will also be no need to fight with competition, since with the right choice of product it will either not be, or will be in a minimal amount. The same wordstat from Yandex can help you with the choice. And the number of such goods is limited only by your busyness.

2nd option.

Here you have to turn on your imagination. We must set ourselves the task of inventing a new product and promoting it. In this matter, one must understand that there is no competition at all, but there is also no advertising. Will have to look for it. Without investment, or almost without, it's real. I'll give you an example. Suppose you want to sell mini boxes with video game symbols, why not?

Let's say something like this. This idea has not been brought to mind at all and most likely it will not come to life in my hands, so you can take this idea, bring it to mind, learn how to print, make a collapsible box (that's exactly what I wanted to do), and start promoting. As marketers say, "sow demand." As an option, send it as a gift to some streamer (s), having previously made a website with possible models. Making a website as a whole is not so long and difficult. You just have to really put in the time for it. And with due diligence, you will bring a completely new product to the market, and you will receive money for it.

Personally, my projects worked in both cases, and I don't take printing to order (although I was just asked to do it a couple of times), but I don't rely on the orders themselves and purposefully don't look for them.

In general, this is very crumpled, and I would like to describe more, but people do not like to read long articles here)

Thank you for your attention, I will not mind discussing the article in the comments)

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