3D printing and has gained more equity as a sustainable solution to immediate and custom manufacturing needs during the COVID crisis. Innovations like Block chain, IOT, hi-speed 3d printers and metal 3D printing are some of the key drivers of growth in the 3D printing field. These along with integrated software and automation of standardized processes have paved the way for new trends to emerge in the 3D printing arena. In this blog we will try and outline a few major trends that are expected in the 3D printing industry in 2021.
Growth incentivized by application driven approach
An estimated 20% of global consumer goods are expected to use 3D printing for custom made products. This projection is based on the amazing transformative power of 3D printing that can be harnessed by applications and software tailor made to specific 3D printing needs.
Reduced Operator Intervention
Advances in 3D printing help manufacturers to focus on processes in the post and pre-production phases. As the models to be printed can be designed virtually, simulation and automation software in tandem with 3D printing will enable better designs with minimal human intervention, while speeding up the manufacturing process.
Assimilation of 3D printing in Supply Chains
3D printing has great potential to handle resource-intensive tasks. With shorter lead times and fewer equipment needs it has already revolutionized the manufacturing supply chain. In 2021 3D printing is predicted to smoothen the operation of manufacturing supply chains, by harnessing IOT and Industry 4.0 to build a digital supply chain from the ground up.
Higher customization
With the ability to create custom parts, models and design, 3D printing is expected to help consumers and goods providers alike. Virtual designs are easier to customize and can be tailor made to various requirements. The ability of 3D printers to print complex 3D designs will make it possible to realize the production of offerings that cater to unique demands of various industries.
Metal 3D printing
Advances in metal 3D printing are already revolutionizing the Aerospace and Aviation industry. It is estimated that by the end of 2021, 75% of aircrafts will use components that are 3D printed. 3D printing in metals can deliver more complex parts with ease, helping designers to innovate and solve unique problems.
3D printing is on course to change manufacturing forever, among other sectors like healthcare, defense, education and construction to name a few.
Better detail, more efficient use of materials resulting in less waste, effortless modelling are just some of the advantages that make 3D printing a fitting alternative to current manufacturing practices.Adoption of 3D printing on a wide scale across the industrial and domestic spectrum however, has been fueled largely by three major technologies.
This done layer by layer until the model acquires the desired shape, following which the layers are fused together.
A wide range of plastics, metals and composites can be used to print objects using FDM, making it the most widely adopted 3D printing technology today.Stereolithography was one of the first 3D printing technologies to be used.
Invented in the 1980s, Stereolithograhy (SLA) produces parts with high resolution, smooth surface finish and accuracy.
SLA uses a technique known as ‘photo-polymerization’ to print 3D models.
Worldwide 3D printing is becoming a mainstream manufacturing technology.
It is becoming more accessible globally as consumers have begun to innovate across various industries.
It offers a plethora of opportunities in the production, design, performance of novel architectural forms, construction systems, and materials.
Across the Globe, 3D printing and related technologies are emerging continuously in line with the intensive R activities being undertaken and the proactive investments being made by the private sector and the public sector.
It has halted the production process and led to a shortage of raw materials thus, hampering the supply chain.
The key market players focus on inventing the 3D printing technology in response to the growing demand for 3D printing applications from the automotive, healthcare, and aerospace and defence verticals for manufacturing purposes.
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The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.
The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
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