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3D Printing and its Impact on the Power Industry

3D Printing and its Impact on the Power Industry

Written by David

June 7, 2019

FREMONT, CA: The 3D printing industry is worth $7 billion, up from $3 billion in 2013 and it is expected to reach $20 billion by 2025. Additive Manufacturing (AM) is found to be compatible with various areas of the power industry, both in mainstream and in building prototypes production which led to the simplification of process and operational efficiency. AM produces components by making use of complex geometries, consuming fewer raw materials, less waste production, reduced energy consumption, and reduced time to market. Due to excess pressure on the power industry, manufacturers are reaching out to AM for solutions to reduce cost and save time. The feasibility of solar power remains for an extended period, but the capacity factor has remained low as much as 17 percent in the best case scenario. The small amount of CF makes it tough to attain economies of scale for bigger solar plants […]

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