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

Revision as of 12:34, 8 January 2018

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
- Supplementary: 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, Sofx, Xania News, Science Magazine, Mighigan Ag Connection, Vector News
Could You Save Money by 3D Printing Household Items? - All3DP
Using a 3D printer to print your household items could save you $12,000 - Digital Trends, TechSite
3D printing ordinary household goods can save you a lot of money, study finds - TechSpot, Zetfile, IT Breaking News
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, NewsR India ,Space Daily, NewsRoom America
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 ,News New Zealand
3D-printing household objects could be top money-saving tip - E&T
A low-cost open-source 3D printer can save you a lot of money Learn.ca
Michigan Tech's Dr. Joshua Pearce Reveals the High Overall Return on Investment for At-Home 3D Printing Use-3DPrint.com
3D printing ordinary household goods can save you a lot of money, study finds-3dprinter blog
Study suggests that buying a 3D printer can actually save you money in the long run-Aivanet blog
3D printing your household items could save you some serious cash, study finds - Yahoo Finance
Should I Invest in a 3-D Printer? - Hidabrut - Jewish TV Network
Michigan Tech Study: 3D Printing Ready for Prime Time - What They Think
ASK HACKADAY: IS OWNING A 3D PRINTER WORTH IT? - Hack a Day
3D Printing: Should You Go Open Source? - Engineering.com
Want to save a lot of money around the house? Buy a 3D Printer-ZME Science, New Inventions
Study By Michigan Tech’s Professor Joshua Pearce Shows 3D Printing at Home Saves Money-3D Printing Business
How to Save and Make money with a 3d Printer - Open Source Electronics
3-D Printing of Household Items Can Have Major Cost Savings - Builder Magazine
Buy A 3D Printer And Get Your Money Back A Tenfold In 5 Years - Gypsy Ninja
3D Printers In The Average American Household- Computer Power User
How buying a 3D printer can save you money - Opensource.com
Obliterate the Cost of Consumer Products with Open Hardware- Open Health News
3D: A Status Report -Printing technology comes of age - American Libraries Magazine
Imgur

International

Tuore tutkimus: Tällä tonnin investoinnilla säästät jopa 11 000 € viidessä vuodessa -Tekniikka & Talous (Finland) - Tech news circulation 61,850
Fiksu ostos: 1000 euron investoinnilla säästät 11 000 euroa - Tivi (Finland) - monthly computer magazine circulation 156,000
Tutkimuksen yllättävä tulos: unohda lähikauppa – 3d-tulostamalla taloustavaroita voi säästää sievoisia summia - Mikrobitti (Finland) Computer Magazine circulation: 29,553
Se on vahvistettu: Tämä tonnin hankinta tuo jo viidessä vuodessa jopa 11 000 €:n säästön Talouselämä (Finland) economic weekly circulation:81,280
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)
Faites des économies grâce à l’impression 3D ! - 3D Natives (France)
Kann man mit einem 3D-Drucker für den Heimgebrauch tatsächlich Geld sparen? - 3DRuck (German)
Los efectos de tener una impresora 3D en casa- Pro Expansion (Spanish)
Las impresoras 3D en el hogar para uso personal son el futuro-TRD (Spanish)
How 3D Printing at Home Saves Big -Dubai Chronicle

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 == In the News ==
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 * [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], [http://en.vnews.agency/news/technologies/40220-just-press-print-how-3-d-printing-at-home-saves-big-bucks.html Vector News]
 * [https://all3dp.com/household-items-save-money/ Could You Save Money by 3D Printing Household Items?] - All3DP