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3D printing and the power industry: How technology is transforming the sector

3D printing and the power industry: How technology is transforming the sector

Written by David

March 12, 2019

Investors, both public and private, will be able to buy tokens through an initial coin offering (ICO) that represent 1W of the solar power project. 3D printing or “additive manufacturing” is the process of joining materials to make objects from three-dimensional model data, usually layer upon layer. In 2017 the 3D printing industry was worth $7bn, up from $3bn in 2013 and by 2025 it is expected to account for over $20bn all over the world. Additive manufacturing (AM) has found its application in different sectors of the power industry, both in building prototypes and in mainstream production leading to process simplification and operational efficiency. AM can produce components with complex geometries, consume fewer raw-materials, produce less waste, have reduced energy consumption and decreased time-to-market. With the power industry under pressure, manufacturers are turning towards AM for solutions with reduced costs and shorter timeframes. During the initial phase of […]

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