How is the market prospect of Rapid Prototyping?

In today’s highly competitive market, new produces design has become increasingly important. Companies that invest in product design outperform their competitors. And when it comes to product design, there’s one activity that creates a foundation for future products—rapid prototyping.

 

 

The Development Momentum of Rapid Prototyping

In modern industrial production, 60% to 90% of industrial products need to use die processing. The mold industry has become a basic industry in the manufacturing industry, a means of transforming technological achievements, and an important field of high-tech industries. Industrialized countries such as Europe and the United States have become the key development technologies. It can be seen that the mold industry has an important prominent position in the economic development of countries around the world.

 

Some experts have summarized the current development trend of the manufacturing industry:

1. Globalization of production, operation and market;

2. Personalization and diversification of user needs;

3, the product life cycle is short, the update is accelerated;

4. The market competition is fierce.

 

 

Data Statistics

According to statistics, the average development cycle of new products in China is 18 months, and the life cycle of products is 10.5 years. The United States has achieved "3*3" as early as 1990, that is, the product life cycle is 3 years, the product trial cycle is 3 months, and the product design cycle is 3 weeks. Therefore, if manufacturing companies want to survive and develop in the 21st century, they must face this new situation and constantly research or introduce new technologies.

 

In the past, traditional part forming methods used machine tools and molds. In this case, the manufacturing cycle of the product often lasts for weeks or even months. In order to overcome the above problems, in recent years, companies from various fields have increased the investment in rapid prototyping technology, thereby greatly reducing the time and cost of new product development. Rapid prototyping technology  is widely used in aerospace, automotive, electronics, communications, medical, construction, home appliances, toys, furniture, household hardware and handicraft production.

 

 

The Market Rrospects of RP

The future of rapid prototyping technology  is bright and is an increasingly important pillar in the manufacturing renaissance. With the increased usage of the technology, conversations about rapid prototyping technology are a lot more tangible than they were just two years ago. Now, there are growing numbers of use-cases and demonstrable business benefits proving that additive can be used as a mainstream manufacturing technology. What can be done with 3 rapid prototyping technology  isn’t theoretical anymore; it’s fact.

 

Rapid prototyping  is leading the way in the digital transformation of Industry 4.0. It’s one of the purest digital technologies because it doesn’t require tooling and fixturing, thereby eliminating or reducing switching costs in moving a file to different locations and printers. That’s a radical departure from labor-intensive methods employed by the manufacturing industry over the last 200 years.

 

With rapid prototyping technology, manufacturers can better connect the physical supply chain with a digital thread and manage products more efficiently from concept to end-of-life. Manufacturing can be distributed to any location that has digital manufacturing systems in place simply by sending a file. This decentralization enables a more collaborative, transparent and efficient supply chain.

 

In summary, rapid prototyping technology will certainly be able to shoulder the heavy responsibility of the rapid development of the manufacturing industry in the 21st century, providing a continuous supply of power for modern manufacturing.