The hottest prospect of 3D printing can be expecte

2022-08-22
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The prospect of 3D printing can be expected to become a new substitute to promote product development

regardless of the target product, consumer or market, 3D printing has become a new substitute to promote product development. According to Forbes' 2017 report, 57% of the 3D printing work has been included in the first stage of the new product development life cycle, of which 47% of the companies are composed of a large number of start-ups. Compared with 2016, 3D printing achieved greater return on investment and printing investment in 2017. The main reason why startups are adopting 3D printing is their ability to accelerate product development. In this regard, it applies to the proof of concept (34%) and the overall prototype (23%) completed in the first stage of new product development

3d printing is expected to grow by more than 31% every year. By 2018, the revenue of the United States will exceed $1.4 billion. By 2025, the total international revenue is expected to exceed US $50billion. Now, startups are investing in more 3D printing technology. Some aspects of this new 3D printer business life cycle phenomenon are now eligible for R & D federal and state tax credits, which these emerging enterprises can take advantage of

R & D tax credit

the federal research and development (RD) tax credit established in 1981 can make the qualified expenditure of new and improved products and processes reach 13%. Qualified research must meet the following four standards:

new or improved products, processes or software

technical nature

elimination of uncertainty

experimental process

qualified cost includes employee salary, cost of exchanging servo electromechanical drives, test cost, contract research cost and expenses related to the development of patents. On December 18, 2015, President Obama signed the "R & D tax credit order", a bill that can make the investment scope permanent. From 2016, R & D credit can be used to offset the alternative minimum tax rate, and start-ups can use the payroll tax of $250000 per year

what is the new 3D printing business life cycle

since 3D printing has changed the way we manufacture products, startups are investigating new procedures to manage the product development process. In other words, they are moving beyond the more traditional business lifecycle approach. The challenge for all start-ups is to determine what business model to adopt. It may be more common for start-ups to test these assumptions by creating a set of business model assumptions and then creating MVPs, the smallest viable products. Once tested, launch can create a more supported business plan. Identify some aspects of MVP in 3D product development that are now eligible for R & D tax credits. In terms of product development, creating MVP is equivalent to creating a basic prototype, which only contains enough functions to meet the needs of customers in the expected market. Because start-ups can present preliminary products to consumers, they can collect valuable feedback in time, make changes and make market ready products. Creating MVP can make full use of resources and time during startup and operation, so as to provide meaningful feedback to customers. This is a prototype form that is more possible through the use of 3D printing. After all, as mentioned earlier, 3D printing accelerates the product development process. This is a prototype form that is more possible through the use of 3D printing

MVP can be designed by using cheap 3D printer. After all, startups want to create a fast and affordable version of the product that shows all its features. Market testing allows you to start iteratively modifying the prototype before investing more resources to create the final product. As mentioned above, this part of the product development cycle is not eligible for tax credit. After making necessary changes to the initial prototype according to market testing and research, the start-up company can develop a better expected quantity in commercial production. The startup company is most likely to invest in more advanced 3D printers that are most suitable for the production process and material selection. The startup company will be eligible for R & D tax credit at this stage of the life cycle,

Project R & D cycle management solution to promote 3D printing entrepreneurship

in a similar aspect, 3D printing software was launched in 2013. Zverse is headquartered in South Carolina and provides solutions for each stage of the 3D printing life cycle to help other start-ups carry out the development stage. The solution solves more aspects of thought, development, 3D design, printing and the whole process. Zverse said that one of the most challenging aspects of the product development life cycle is the shift from prototype concepts to printable 3D files that can be used in a wide range of markets. Zverse alleviates this difficulty by providing an intermediate point for the cooperation of designers, engineers, production managers, financial and legal teams and even 3D printer operators. Services such as zverse will help startups transition to prototype printing on a larger scale and with the high-quality materials they seek

one of the biggest shortcomings of start-ups is that prototypes are very good, but they have never conceptualized or tested to convert prototypes into actual consumer ready products made of the required materials. At this point, these projects may fail or be brought back to the drawing board for more iterations. Johncarrington, CEO of zverse, said, "we are promoting the full digitalization of manufacturing. We have created the fastest path from ideas to finished products. We provide a platform to manage these documents for future use."

"this makes the use of 3D printing more attractive for start-ups, and Zibo ranks fifth. In the initial days, 3D printing was included in the company's life cycle just for prototypes. 3D printing is now used to create final 3D printing parts and products. This has created a new market, so it is qualified in some development stages of R & D tax credit."

the future of 3D printing prototype of 3D printing products

3D printing changes the product development cycle in different ways. Incremental steps lead to more on-demand products. It helps eliminate some waste factors inherent in the product development lifecycle itself. In terms of 3D printing, start-ups can turn directly from drawing boards to production, so as to promote the benign use of materials and eliminate the development waste of waste. 3D printing has also changed the traditional concept of manufacturing, which is the concept of "manufacturing design". However, using 3D printing, the focus is on "manufacturing design". In this new perspective, manufacturers can advantageously manufacture customizable designs to more directly meet the needs and needs of customers. This helps to eliminate 3D pre printing in most product development life cycles, in which market testing and analysis are the key to determine which functions customers will give priority to in the future. Integrating additive manufacturing or 3D printing into the R & D cycle ensures the creation of new design solutions, thereby reducing team investment, setup, and time. It enables companies to provide new and improved components that may be impossible or impractical to produce through traditional manufacturing and design stages. The combination of 3D printing in the design process provides many benefits, including saving time and reducing costs in the development cycle, and improving the quality and design of the final product. Because 3D printing makes it easier to run more prototype test iterations,

3D printing has rich advantages in the manufacturing and design stages. That is to reduce time and cost and improve the design and quality of final products. In addition, it provides simplified manufacturing and reduced design constraints, both of which are important for seeking a place in the highly competitive market. 3D printing startups are now eligible for the RD tax credit to incorporate 3D printing into the product development lifecycle and create MVPs

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