3D printing will exceed expectations and see uptake soar in a number of key industries this year, according to a new report.
Consulting group Frost & Sullivan recently published the findings from its '3D Printing Technology - 9 Dimensional Assessment' analysis, which predicted that the technology will open up a slew of "amazing opportunities" across a variety of sectors. This will lead to it growing its market share to around 40 per cent by the end of this year, the company says.
"3D printing brings several performance and efficiency advantages to the table that translate into high quality; far greater than what can be achieved through conventional manufacturing," explained Jithendranath Rabindranath, technical insights research analyst at Frost & Sullivan.
"Therefore, organisations are embracing various approaches to expand the applicability of 3D printing, accelerating uptake, especially in Asia and North America."
As expected, growth in the adoption of 3D printing is likely to be most prominent in the sectors that have already demonstrated proficiency with it - such as the automotive, aerospace, consumer goods manufacturing and healthcare industries. However, Frost & Sullivan is also expecting big things in store for the architecture and construction space.
"3D printing is being used for both personal and commercial purposes to develop architectural models for buildings," an excerpt from the report reads.
"However, the sector is also witnessing intensive research on building entire houses using 3D printing."
With the recent revelation that a Chinese firm is mass producing full-scale residential buildings through 3D printing, the potential for the technology in this industry is certainly limitless. The availability of specialist architecture software also means the sector has well and truly entered the digital age.
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