Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers: Difference between revisions

Revision as of 00:14, 16 February 2017

Economic Advantage to Making Your Own Stuff with 3D Printing
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Source

Emily E. Petersen and Joshua Pearce. Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers. Technologies 2017, 5(1), 7; doi:10.3390/technologies5010007 open access
- Supplimentary: http://www.mdpi.com/2227-7080/5/1/7/s1
- Lulzbot Mini - source code: http://download.lulzbot.com/Mini/

Abstract

Through reduced 3-D printer cost, increased usability, and greater material selection, additive manufacturing has transitioned from business manufacturing to the average prosumer. This study serves as a representative model for the potential future of 3-D printing in the average American household by employing a printer operator who was relatively unfamiliar with 3-D printing and the 3-D design files of common items normally purchased by the average consumer. Twenty-six items were printed in thermoplastic and a cost analysis was performed through comparison to comparable, commercially available products at a low and high price range. When compared to the low-cost items, investment in a 3-D printer represented a return of investment of over 100% in five years. The simple payback time for the high-cost comparison was less than 6 months, and produced a 986% return. Thus, fully-assembled commercial open source 3-D printers can be highly profitable investments for American consumers. Finally, as a preliminary gauge of the effect that widespread prosumer use of 3-D printing might have on the economy, savings were calculated based on the items’ download rates from open repositories. Results indicate that printing these selected items have already saved prosumers over $4 million by substituting for purchases.

Keywords

distributed manufacturing; additive manufacturing; 3-D printing; consumer; economics; open-source

In the News

Just Press Print: 3-D Printing At Home Saves Cash - MTU News , Eureka Alert, Science Daily, Xania News, Science Magazine
Using a 3D printer to print your household items could save you $12,000 - Digital Trends
3D printing ordinary household goods can save you a lot of money, study finds - TechSpot
Researchers calculate major cost savings of 3-D printing household items - Phys.org , HiTech Days, ECN Magazine, Science Bulletin
3D-printed household items mean major cost savings - Electronics Specifier
3D printing at home will save you money down the line, says new study from MTU - 3Ders, Longroom, STL finder
License to Print Money at Home?- Engineering360 IEEE GlobalSpec
Report Indicates That 3D Printing Can Save Consumers Up To $4 Million-One Angry Gamer
How 3-D printing at home saves big bucks -- ScienceDaily- DailyMe, Eurasia Review, Last Min Christmas, KnowRidge Science Report
MTU Study: 3-D Home Printer To Produce 1000 Percent Return Over 5 Years-MI Tech News
New study shows how 3-D printing at home saves big bucks - Domain B
Like Making Money: Study Shows How 3-D Printing at Home Saves Big Bucks - Ideas, Inventions And Innovations
Low-Cost 3D-Device Prints Your Household Items - News Island Crisis
How to make money with a 3D printer: a conversation with Professor Joshua Pearce - 3D Printing Industry
3D-printing household objects could be top money-saving tip - E&T

Imgur

International

Tuore tutkimus: Tällä tonnin investoinnilla säästät jopa 11 000 € viidessä vuodessa -Tekniikka & Talous (Finland)
3D打印用于日常究竟能多省钱？半年回本，5年回报10倍- Weiot (China)
MTU最新研究：在家3D打印除了省钱还能获得1000％的的高回报 - 24 Maker (China)
MTU的新研究揭晓在家3D打印可以为您节省金钱 Wengu.Aniu.TC (China)
MTU的新研究揭晓在家3D打印可以为您节省金钱 3DHoo (China)
3D打印用于日常究竟能多省钱？半年回本，5年回报10倍！ Nanjixiong (China)
가정용 3D프린터 구매는 절약의 지름길??|작성자 3D프린트뉴스 - (Korea)
Вокруг света с 3Dtoday: новый гидрогель для костной биопечати, итоги первого конкурса Hyperloop и исследование экономии от бытовых 3D-принтеров -3D Today (Russia)
3D-printer: met een rendement van bijna 1000% over 5 jaar een uitstekende investering Scientias.nl (Dutch)
Wissenschaftliche Studie besagt, ein privater 3D-Drucker kann bis zu 1000 Prozent Rendite abwerfen - 3d-grenzenlos.de (German)
Make a 100 percent or more return on your money with a low-cost open-source 3D printer- Innovation Toronto (Canada)

@@ Line 33: / Line 33: @@
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 * [http://www.digitaltrends.com/cool-tech/3d-printing-home-savings/ Using a 3D printer to print your household items could save you $12,000] - Digital Trends
+* [http://www.techspot.com/news/68181-3d-printing-ordinary-household-goods-can-save-you.html 3D printing ordinary household goods can save you a lot of money, study finds] - TechSpot
 * [https://phys.org/news/2017-02-major-d-household-items.html Researchers calculate major cost savings of 3-D printing household items ] - Phys.org , [http://www.hitechdays.com/browser/169958/ HiTech Days], [https://www.ecnmag.com/news/2017/02/researchers-calculate-major-cost-savings-3-d-printing-household-items  ECN Magazine], [http://sciencebulletin.org/archives/10425.html Science Bulletin]
 * [http://production.electronicspecifier.com/3d-printing/3d-printing-household-items-mean-major-cost-savings 3D-printed household items mean major cost savings ] - Electronics Specifier
@@ Line 38: / Line 39: @@
 * [http://insights.globalspec.com/article/4213/license-to-print-money-at-home License to Print Money at Home?]- Engineering360 IEEE GlobalSpec
 *[http://www.oneangrygamer.net/2017/02/report-indicates-that-3d-printing-can-save-consumers-up-to-4-million/23959/ Report Indicates That 3D Printing Can Save Consumers Up To $4 Million]-One Angry Gamer
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+*[http://dailyme.com/story/2017021400003157 How 3-D printing at home saves big bucks -- ScienceDaily]- DailyMe, [http://www.eurasiareview.com/15022017-3-d-printing-at-home-saves-big-bucks/ Eurasia Review], [http://www.lastminutechristmas.com/last-minute-christmas/40-newsbriefs/466815-3-d-printing-at-home-saves-big-bucks.html Last Min Christmas], [https://knowridge.com/2017/02/how-3-d-printing-at-home-saves-big-bucks/ KnowRidge Science Report]
 * [https://mitechnews.com/new-products-contracts/mtu-study-3-d-home-printer-produce-1000-percent-return-5-years/ MTU Study: 3-D Home Printer To Produce 1000 Percent Return Over 5 Years]-MI Tech News
 * [http://www.domain-b.com/technology/20170215_big_bucks.html New study shows how 3-D printing at home saves big bucks] - Domain B
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 * [https://3dprintingindustry.com/news/make-money-3d-printer-conversation-professor-joshua-pearce-105824/ How to make money with a 3D printer: a conversation with Professor Joshua Pearce ] - 3D Printing Industry
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+*
 * [http://imgur.com/gallery/zcX5srh Imgur]