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== In the News ==
== In the News ==
* [http://www.mtu.edu/news/stories/2017/february/just-press-print-3-d-printing-home-saves-cash.html Just Press Print: 3-D Printing At Home Saves Cash] - MTU News , [https://www.eurekalert.org/pub_releases/2017-02/mtu-jpp021417.php Eureka Alert], [https://www.sciencedaily.com/releases/2017/02/170214130509.htm Science Daily], [https://www.xanianews.com/news/just-press-print-how-3-d-printing-at-home-saves-big-bucks?uid=651706 Xania News], [https://scienmag.com/just-press-print-new-study-shows-how-3-d-printing-at-home-saves-big-bucks/ Science Magazine], [http://www.michiganagconnection.com/story-state.php?Id=160&yr=2017 Mighigan Ag Connection]
* [http://www.mtu.edu/news/stories/2017/february/just-press-print-3-d-printing-home-saves-cash.html Just Press Print: 3-D Printing At Home Saves Cash] - MTU News , [https://www.eurekalert.org/pub_releases/2017-02/mtu-jpp021417.php Eureka Alert], [https://www.sciencedaily.com/releases/2017/02/170214130509.htm Science Daily], [https://www.sofx.com/2017/02/16/just-press-print-3-d-printing-home-saves-big-bucks-sciencedaily/ Sofx], [https://www.xanianews.com/news/just-press-print-how-3-d-printing-at-home-saves-big-bucks?uid=651706 Xania News], [https://scienmag.com/just-press-print-new-study-shows-how-3-d-printing-at-home-saves-big-bucks/ Science Magazine], [http://www.michiganagconnection.com/story-state.php?Id=160&yr=2017 Mighigan Ag Connection]
* [https://all3dp.com/household-items-save-money/ Could You Save Money by 3D Printing Household Items?] - All3DP
* [https://all3dp.com/household-items-save-money/ Could You Save Money by 3D Printing Household Items?] - All3DP
* [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.digitaltrends.com/cool-tech/3d-printing-home-savings/ Using a 3D printer to print your household items could save you $12,000] - Digital Trends
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* [https://eandt.theiet.org/content/articles/2017/02/3d-printing-household-objects-could-be-top-money-saving-tip/ 3D-printing household objects could be top money-saving tip] - E&T
* [https://eandt.theiet.org/content/articles/2017/02/3d-printing-household-objects-could-be-top-money-saving-tip/ 3D-printing household objects could be top money-saving tip] - E&T
* [http://www.learn.ca/low-cost-open-source-3d-printer-can-save-lot-money/ A low-cost open-source 3D printer can save you a lot of money] Learn.ca
* [http://www.learn.ca/low-cost-open-source-3d-printer-can-save-lot-money/ A low-cost open-source 3D printer can save you a lot of money] Learn.ca
 
* [https://3dprint.com/165246/mtu-at-home-3d-printing-study/ Michigan Tech's Dr. Joshua Pearce Reveals the High Overall Return on Investment for At-Home 3D Printing Use]-3DPrint.com
* [http://my3dprinterblog.com/3d-printing-ordinary-household-goods-can-save-you-a-lot-of-money-study-finds/ 3D printing ordinary household goods can save you a lot of money, study finds]-3dprinter blog
* [https://blog.aivanet.com/2017/02/16/study-suggests-that-buying-a-3d-printer-can-actually-save-you-money-in-the-long-run/ Study suggests that buying a 3D printer can actually save you money in the long run]-Aivanet blog
* [http://imgur.com/gallery/zcX5srh Imgur]
* [http://imgur.com/gallery/zcX5srh Imgur]



Revision as of 21:21, 16 February 2017

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

Abstract

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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

See also

In the News

International

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