The Future of 3D Printing Technology

Technology continues to exponentially grow more and more with each passing day. One of the most recent technological advancements that is already changing lives is 3D printing. While it’s only a matter of time that printers become readily available to people for their own homes, business are already maximizing on the possibilities of these printers for their business. The investment in a new printer with 3D capabilities is worth the investment for any business, because of the benefits the printer gives to the company. 3D printers are even being used now to print eyeglasses. Here’s a look into why a printer can be very valuable.

Reliable Production
Unlike workers that clock in and out every day and their work ethic can vary greatly, a 3D printing system can run 24-hours a day to create anything that you have to produce. Once your company creates a CAD illustration of the object(s) you want to build, you can simply turn the printer on and let it begin printing as many copies of the item that you need. This is great in a plethora of fields, but especially those were manufacturing or creating a product is a valuable part of their business. Car manufacturers can print parts, the housing industry can print building materials, and much more. Printing in 3D is not just for toy enthusiasts or hobbyists anymore. It’s a major development that can help with mass production.

Product Adjustments
With a 3D printer, you can also build new products and quickly adjust any changes that need to be made with them. For companies that make new products, this process formally involved large delays in time while the product would be created, changes would be made, and weeks would pass from the first time the idea was developed to the actual completion date. Now, 3D printers allow companies to develop and print a prototype object, physically touch it and see what can stay as is, or what needs to be changed. This turnaround time for companies is extremely viable for helping create new products for the world to use.

Health Industry
Because a 3D printer can help with creating nearly any 3D object, this is especially true in the health industry. 3D printers can make human tissue and other objects that can mean the difference between life and death. Hospitals that make an investment into a 3D printer can have more supplies on hand and can create new supplies once they run out. This makes their efficiency rating much higher than having to wait for the delivery of health products and not knowing what will happen to the patient in the meantime.

Technology continues to change lives in every aspect in the world. However only so often do true advancements come along that change nearly the entire way things are done. 3D printing is this advancement and will revolutionize the way people create and manufacture items. The best way to participate in this grow area is by investing in 3D printing stocks..

One of the largest companies on the free list of 3D printing companies at WallStreetNewsNetwork.com is 3D Systems Corporation (DDD), which has a market cap of $4.9 billion. 3D Systems is a Rock Hill, South Carolina based company, founded in 1986, which produces 3D printers and related products. The stock trades at 111 times current earnings and 37 times forward earnings. Earnings for the latest quarter were up 12.2% on a 44.5% rise in revenues. The company has $349 million in cash and $32 million in debt.

Another 3D printer is Stratasys (SSYS), which produces three-dimensional printers, rapid prototyping systems, and related consumable materials. This Minnesota based company was founded in 1989. Latest quarterly earnings were negative, however, revenues rose by 116%. This company has the advantage of being debt free with $148 million in cash. This $3.9 billion market cap stock trades at 40 times forward earnings.

In 3D software arena, Autodesk (ADSK) makes 3D software for many different industries, including entertainment, architecture, and manufacturing. The stock trades at 38 times trailing earnings and 16 times forward earnings. The company has $746 million in debt, with $2.1 billion dollars in cash, which amounts to 9.27 cash per share.

For a free list of the companies involved in 3D printing, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com