Best of the Week
Most Popular
1.Is the Stocks Bull Market Over? Dow Trend Forecast into End January 2015 - Nadeem_Walayat
2.Gold and Silver Stocks Apocalypse Now, Bear Market Review - Rambus_Chartology
3.NHS Baldrick Plan to Spread Ebola Across UK - Sheffield, Newcastle, Liverpool, London Hospitals - Nadeem_Walayat
4.Ebola Terror Threat Suicide Bio-Weapons Threatens Multiple 9/11's, Global Plague - Nadeem_Walayat
5.Second-Richest Man Says Mortgages Now a "No Brainer" - Dr. Steve Sjuggerud
6.Gold And Silver Still No End In Sight - Michael_Noonan
7.NHS Baldrick Plan to Spread Ebola Across UK - Sheffield, Newcastle, Liverpool, London Hospitals - Nadeem_Walayat
8.The Gold Bug is Set to Bite Back - EWI
9.How Alibaba Could Capitalize on the EBay-PayPal Split - Frank_Holmes
10.The Consequences of the Economic Peace - John_Mauldin
Last 5 days
Gold Stocks Analysis – FNV, CG, NCM, SBM - 19th Oct 14
Stock Market Primary IV Wave Counter Trend Rally - 19th Oct 14
Gold And Silver - Financial World: House Of Cards Built On Sand - 18th Oct 14
Anatomy of a Stock Market Sell-Off - 18th Oct 14
Why OPEC Has Declared an Oil War on Russia - 18th Oct 14
Gold and Silver Extreme Shorting Peaks - 18th Oct 14
Bitcoin Price Fall to $350? - 18th Oct 14
Tesco Supermarket Crisis Worse To Come as Customers Vanish! - 18th Oct 14
Sheffield Roma Crisis School Place Application's Fraud Perfect Storm - 17th Oct 14
Stock Markets, Commodities and Indicators - 17th Oct 14
“Save Our Swiss Gold ” - Game Changer For Gold? - 17th Oct 14
How to Trade the Ebola Stock Market Sell-Off - 17th Oct 14
When... Not if... Crude Oil Price Drops Below $70 - 17th Oct 14
Either You're The Butcher or You're The Cattle - 17th Oct 14
Gold Benefits from Market Uncertainty - 17th Oct 14
Stock Market Pullback Underway, Euro downside, Commodities - 17th Oct 14
Stock Market Seven Year Cycle and A Correction Ahead? - 17th Oct 14
Three Ways to Play Uranium: Top Stock Picks - 17th Oct 14
America Flirts With Deflation - 17th Oct 14
Why the Fed Should Consider Delaying the End of QE - 16th Oct 14
Gold Prices Since 9-11 - 16th Oct 14
The Inflation Imputation, Dear Saver, May You RIP - 16th Oct 14
Flight To Safety - Gold Rises As Stocks, European Bonds Sink - 16th Oct 14
The March Of History And The End Of Nations - 16th Oct 14
Stocks Bear Markets Move Fast and Are Intensely Emotional - 16th Oct 14
Stocks Got Their Piece – Now It’s Our Turn - 16th Oct 14
Why This Stock Market Selloff Is the Next "Buy the Dip" Opportunity in Stocks - 15th Oct 14
Possible Stock Market Runing Correction - 15th Oct 14
Get Your Tactics Ready for the Ebola Stock Market Event - 15th Oct 14
Secret Scheme To Manipulate Silver Price - Lawsuits Against Banks Proceed - 15th Oct 14
Stocks Bull Market Over? Trend Forecast to End Jan 2015 - Video - 15th Oct 14
Stock Market Dow The Contrarian Play - 15th Oct 14
The Ukraine, As We Know It, Is Gone Forever - 15th Oct 14
We Can Police the Dark Web / Bitcoin - 15th Oct 14
The Safest Stocks in the World - 14th Oct 14
Building an Ark: How to Protect Public Revenues From the Next Financial Meltdown - 14th Oct 14
9 Ways to Retire Rich - 14th Oct 14
Silver, Warfare and Welfare - 14th Oct 14
Swiss Gold Referendum “Propaganda War” Begins - 14th Oct 14
What Happened To The Fourth Estate? - 14th Oct 14
How To Blow Up OPEC In 3 Easy Steps - 14th Oct 14
Investment Myth - Wars are bullish/bearish for Stocks - 14th Oct 14
Powerful Reversal and Shakeout in the Junior Gold Mining Stocks at May Lows Around $33 - 13th Oct 14
When The Economy Went Ponzi - 13th Oct 14
Stock Markets Get Ugly – and May Be Getting Uglier - 13th Oct 14
Cycle Failures Point to a Stock Market Correction - 13th Oct 14
Bill Ackman: I'm not a Crybaby Shareholder - 13th Oct 14
U.S. and World Stock Markets Chartology - 13th Oct 14
Stock Market Intermediate Downtrend Confirmed - 13th Oct 14
Gold and Silver Price To Rally Or Not To Rally - 13th Oct 14
Is the Stocks Bull Market Over? Dow Trend Forecast into End January 2015 - 12th Oct 14
Has Obama Changed His Mind About Syria? - 12th Oct 14
New Zero Bound Only Game In Town - 12th Oct 14
The 5–Year U.S. Treasury Bond is Emblematic of Careless Risk Taking in Bond Markets - 12th Oct 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Stocks Epic Bear Market

How Desktop 3D Printing Factories Will Create the Next $1 Trillion Industry

Companies / Technology Mar 08, 2012 - 07:34 AM GMT

By: Money_Morning

Companies

Diamond Rated - Best Financial Markets Analysis ArticleMichael Robinson writes: Don't worry if you've never heard of 3D printing. It's so new it's not on many radar screens yet.

But soon everyone will know about it.

Still in its very early stages, 3D printing is destined to have a huge impact on the entire world economy.


These "desktop factories" will one day become a $1 trillion industry-completely changing the traditional factory model forever.

It's what's known as a "disruptive technology."

Here's why...

By the end of this decade, everyone from consumers to big businesses to solo inventors will be able to make their own unique products in just a couple of hours.

Need a special tool?... Or a new spare part?

Soon you will be able to fire up the 3D printer and make one from composite materials.

Indeed, I recently watched a YouTube video of Z Corp. making an adjustable wrench from high-tech compounds. It was a copy made from metal.

Though it weighed less than the original, the "printed" wrench worked just as well and looked every bit as strong.

And let's not gloss over the medical products that can be created by these revolutionary printers. An 83-year-old woman in Europe recently received a new jaw doctors printed with titanium powder.

Medical team members said they made the implant in just a few hours compared with the several days usually required with existing methods.

That's why I say this technology symbolizes the Era of Radical Change. Now, anyone who knows computer basics can make or invent products on the fly.

3D Printing: A New Wave of Innovation

Technically, you don't really "print" a new product, though the process is similar. Rather than putting ink on paper, the system creates the product by adding thin layers of special polymers and some metals.

This is literally "cutting edge" high tech that is destined to become big business.

I believe it is the 21st century equivalent of the laser printer and the dawn of desktop publishing in the 1980s that changed the entire print industry.

But don't take my word for it...

Let's hear from Hewlett-Packard (NYSE: HPQ), the high-tech giant that knows both types of printers extremely well.

The Silicon Valley leader now offers a high-end unit made for professional use. Its DesignJet Color 3D printer reportedly sells for $20,000.

But consider this: 3D printing will soon come to the masses at prices they can afford.

Today, MakerBot sells its Replicator for $1,749. Its users can download free modeling software such as TinkerCAD or Sketchup from Google Inc. (NASDAQ: GOOG) to print their own products.

Small-cap leader 3D Systems (NYSE: DDD) also recently launched the Cube, a competing device that lists for $1,299. A related website, Cubify.com, combines the simplicity of a coloring book with robust digital resources.

The firm's CEO, Abraham N. Reichental, told BBC news that 3D Systems already has 1,000 workers -- and nearly as many patents.

Now just think of what will happen when the price of these machines drops to $500....

We're talking mass customization of a wide range of goods, from forks to jewelry to high-tech ski helmets.

When this happens, 3D printing will undoubtedly unleash a whole new wave of innovation.

And for a very simple reason...

Inventors will be able to use a low-cost 3D printer to truly unleash the power of their imaginations.

When that happens creativity has the potential to increase exponentially.

There will be no more spending thousands of dollars to have a specialty firm make a mold before you can even build the prototype.

3D Printing: Endless Possibilities

Now you know why the top brass at the Smithsonian just gave 3D printing their stamp of approval.

You see, the world's largest museum boasts more than 137 million objects. But only a few remain on display at any point in time.

With 3D printing, officials can scan originals with special software. Then they can "print" replicas they can loan to other museums.

At the very least, the Smithsonian can afford to make digital 3D images of its vast collection it can then store for later access.

According to a recent story by CNET, the museum already touts a 3D printed-replica of a Thomas Jefferson statue, which they say is the "largest 3D printed museum quality historical replica" on earth.

Meanwhile, 3D printing has also created other products with a definite "wow" factor.

Take the case of the two British researchers who printed their own spy plane in a week -- it took two days to design on a computer and five days to make.

The small, unmanned plane with a wingspan of about 4.5 feet soared at 100 MPH. You can watch a YouTube video of what's touted as the first flight of its kind here.

The European aerospace giant EADS also uses the technology to make specialty aircraft parts.

They've started with items like brackets that hold parts in place. But their long-term goal is to print the entire wing of a jetliner.

German supplier EOS says it gets parts orders from car and aerospace firms. And also from... dentists.

EOS says it can create up to 450 dental crowns in one day. That compares with about a dozen for most firms using conventional systems.

Not even music is immune to the disruptive impact of 3D printing. Last year, EOS used a specialty compound to make parts for a violin.

A violin maker assembled the parts into a working instrument that was then played by a concert violinist.

Clearly, 3D printing is destined to have a huge impact on the global economy.

I believe it could be worth $1 trillion in as little as a decade.

How is that, you ask?....

It's a matter of simple math.

The global economy measures about $60 trillion. Of that, manufacturing accounts for 17%, or $10.2 trillion.

If 3D printing captures just 10% of the sector that would total just over $1 trillion.

That's why I say we will see lots of opportunities to invest directly in this technology, or in firms using it to improve profit margins.

Either way, it is time to open your eyes to the possibilities of 3D printing.

Otherwise you'll miss the Next Big Thing that will change the future of manufacturing.

Source http://moneymorning.com/2012/03/08/3d-printing-how-desktop-factories-will-create-the-next-1-trillion-industry/

Money Morning/The Money Map Report

©2012 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014