3D Printers can Pay for Themselves within a Year!?
Ok, I was reading an old article today, from back in August. There was apparently a study conducted at the Michgan Technology Institute. They found that printing items from Thingiverse could save someone between $312 and $1944 per year. To make those same products it would only cost about $18 in 3D printer materials (filament). They suggested items like phone cases, shower heads, garlic press, etc. Do you think this is feasible? Does anyone here think that they have saved this much money printing household items?
Here is the abstract from the research report. I would have read the entire thing but they are charging $35 for the report.
Quote:
The recent development of open-source 3-D printers makes scaling of distributed additive-based manufacturing of high-value objects technically feasible and offers the potential for widespread proliferation of mechatronics education and participation. These self-replicating rapid prototypers (RepRaps) can manufacture approximately half of their own parts from sequential fused deposition of polymer feedstocks. RepRaps have been demonstrated for conventional prototyping and engineering, customizing scientific equipment, and appropriate technology-related manufacturing for sustainable development. However, in order for this technology to proliferate like 2-D electronic printers have, it must be economically viable for a typical household. This study reports on the life-cycle economic analysis (LCEA) of RepRap technology for an average US household. A new low-cost RepRap is described and the costs of materials and time to construct it are quantified. The economic costs of a selection of 20 open-source printable designs (representing less than 0.02% of those available), are typical of products that a household might purchase, are quantified for print time, energy, and filament consumption and compared to low and high Internet market prices for similar products without shipping costs. The results show that even making the extremely conservative assumption that the household would only use the printer to make the selected 20 products a year the avoided purchase cost savings would range from about $300 to $2000/year. Assuming the 25 h of necessary printing for the selected products is evenly distributed throughout the year these savings provide a simple payback time for the RepRap in 4 months to 2 years and provide an ROI between >200% and >40%. As both upgrades and the components that are most likely to wear out in the RepRap can be printed and thus the lifetime of the distributing manufacturing can be substantially increased the unavoidable conclusion from this study is that the RepRap is an economically attractive investment for the average US household already. It appears clear that as RepRaps improve in reliability, continue to decline in cost and both the number and assumed utility of open-source designs continues growing exponentially, open-source 3-D printers will become a mass-market mechatronic device.
