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

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.

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APA

Pearce, J. (2019). Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers. Afribary. Retrieved from https://tracking.afribary.com/works/emergence-of-home-manufacturing-in-the-developed-world-return-on-investment-for-open-source-3-d-printers

MLA 8th

Pearce, Joshua "Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers" Afribary. Afribary, 15 Apr. 2019, https://tracking.afribary.com/works/emergence-of-home-manufacturing-in-the-developed-world-return-on-investment-for-open-source-3-d-printers. Accessed 09 Nov. 2024.

MLA7

Pearce, Joshua . "Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers". Afribary, Afribary, 15 Apr. 2019. Web. 09 Nov. 2024. < https://tracking.afribary.com/works/emergence-of-home-manufacturing-in-the-developed-world-return-on-investment-for-open-source-3-d-printers >.

Chicago

Pearce, Joshua . "Emergence of Home Manufacturing in the Developed World: Return on Investment for Open-Source 3-D Printers" Afribary (2019). Accessed November 09, 2024. https://tracking.afribary.com/works/emergence-of-home-manufacturing-in-the-developed-world-return-on-investment-for-open-source-3-d-printers

Document Details
By: Joshua Pearce Field: Mechanical Engineering Type: Article/Essay 15 PAGES (8644 WORDS) (pdf)