Morag McGreevey presents a collection of articles from 3D Printing Investing News to help new investors in this market. 3D printing, also known as additive manufacturing, came about in the 1980s. At that time, it was mostly used for industrial manufacturing, but it has since evolved and spread into different areas ... even the medical industry. A variety of materials can now be used in 3D printing, including plastic, wood, metal, nylon, graphene, and hundreds of other materials like human cells. And while there are many different 3D printer types, all create 3D objects by building layer by layer until the entire object is complete.
Various companies have been using 3D printing technology to design prototypes and even print their own parts, cutting down costs and saving on the time it would take for the products to be made elsewhere. 3D printers are also becoming increasingly common in homes as hobbyists and inventors look to bring their designs to reality. Previously lauded by analysts as the next big thing, the 3D printing market has seen a spectacular nosedive since its peak in late 2013. This rapid decline has left market participants wary of the once-promising market. Should current investors stick it out and wait for the market to recover, or move on to the next big trend in tech? And should prospective investors brave this market, adhering to the age-old advice to buy low, or should they steer clear of an imploding industry?
The Investing News Network turned to Oppenheimer Managing Director and Senior Analyst Holden Lewis to answer those questions about the future of 3D printing stock. Throughout a discussion about what went wrong with 3D printing, where there may still be investment opportunities and how the market will look long term, Lewis message remained constant ... there is no lack of ultimate demand for this type of technology. Of that I am convinced, he said.