3D printing is no longer in the conceptual phase. Instead, it’s here, and it’s adding value to the economy right now.
Because of this, 3D printing startups are coming through thick and fast. Entrepreneurs are looking for ways to use technology to delight their customers, offer new products, and lower prices.
But which 3D printing businesses should you try to get into? And who should you work with? Those are the questions we answer in this blog.
Eyeglasses and 3D printers go hand in hand. That’s because glasses are among the most customizable accessories people wear. Everyone wants something unique and suited to them.
We already see this trend underway in the lens market. However, it is only a matter of time before it comes to the frames segment, too. In fact, many brands are already trying it out and seeing if they can make glasses people love at low cost, including some that will use designs you create yourself.
We’re also seeing an explosion of interest in 3D printing technology in the toy industry. Entrepreneurs are trying to figure out how to make items unique at low cost without retooling their factories.
Industry specialist, GSC says that using 3D printing is getting easier. These days, companies don’t need to develop the capability in-house. As long as they have the right partners, they should be able to start printing with a 3D medium.
The market for boutique jewelry grows with every passing year, particularly online. Now we are seeing a rise in outlets and shops using 3D printing and similar additive manufacturing technology. The idea is to create jewelry that’s 100 percent unique for the person buying it. Some vendors are also experimenting with the idea of recreating the images and pictures their clients send them in jewelry form. Thanks to new scanning technologies on the iPhone or other devices, that’s now a reality.
You might also consider getting into the spare parts industry, one that stands to benefit tremendously from the 3D printing revolution. Currently, specialists in this sector must stock vast supplies of parts for various makes and models, all of which are expensive. Inventory costs can be high.
However, with a 3D printer, you can store all the designs on a computer and then print them out when you need them. This way, you can massively reduce the cost of running a parts shop. You create parts on demand instead of trying to source them from your inventory. Plus, since the raw materials are cheap, this brings down the cost even more, even with complex tasks.
Lastly, you might want to set up a 3D printer rental service, hiring out printers when people need them. Currently, most firms aren’t ready to take the plunge and plow capital into printers, but they may want to try them out for a while.
Long-term rentals tend to be the most popular since brands often need time to figure out whether they need the equipment.