Israel-based Stratasys plans rapid expansion of its 3D printing business in India. Ashok Leyland, Hero MotoCorp, AIIMS, Symbiosis and IIT are among the company’s customer base, which has 30 years of experience in design prototyping, toolmaking and parts production.
The 3D printing segment in India is important for an Israeli company
The company believes that one of the main solutions to supply chain issues facing the manufacturing sector is 3D printing. Stratasys management was interviewed by CNBC-TV18’s Abhimanyu Sharma, who also discussed the potential applications of 3D printing.
3D printing is widely used to produce a wide range of products, from relief 3D prints used to develop defense strategies, to the production of automotive headlights.
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So how does 3D printing actually work?
This 3D printer, which works like a regular inkjet printer but prints solid shapes, uses an acrylic-based polymer material that is inserted into the cartridge. It is an entry-level multi-material printer, where an integrated computer slices each layer of the inserted raw material to match the intended design.
What comes out in hours is not just a product, but also a solution that can reduce industry’s reliance on supply chains.
According to Guy Yair, EVP, EMEA and Asia, Stratasys, “The manufacturing sector is constantly changing, which poses a problem for the supply chain. An age-old innovation to replace conventional supply chains is 3D printing. “
Automotive and consumer goods will benefit from the low cost of materials and production for 3D printing, he added.
While embedded AI software optimizes printing to simplify processes, save time and raw material, over 5,000 colors can be printed using a combination of materials. Stratasys claims that its 3D printers can produce any color in the printed item, as long as the corresponding code has been introduced.
Yoav Zeif, CEO of Stratasys, told CNBCTV18 that the company has “worked with the US Navy Air Wing to provide them with 25 large-scale industrial 3D printers. Using distributed manufacturing, the US Navy is building components for their planes using our 3D printers”.
Aircraft parts are printed using 3D printers in Germany and Japan, with data transferred over secure networks. Thanks to this technology, elements such as the side lamp of a Mini Cooper can be personalized, which will create countless design possibilities, he added.
Zeif added that 3D printing is used to create medical training models for doctors and automotive parts like the carbon fiber brake pedal, which cannot be easily broken.
The 3D printing market is currently worth around $15 million. According to Stratasys, 3D printing has significant growth potential and could soon enable 24-hour production.
More and more industries are using 3D printing. Future developments in the automotive, healthcare and defense sectors will see greater use of the technology.
First post: STI