Oil and Gas
Oil And Gas
As the use of additive manufacturing is rapidly increasing in the Oil and Gas industry, it has currently accounted for less than 0.1% of the overall global manufacturing market, which is currently valued at $12.7 trillion, it is estimated that the 3D printing market will be worth $32bn by 2025 and over $60bn by 2030.
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3D Printing in Oil and
Gas Industry
Over the years, 3D printing has emerged as one of the key enabling technologies in driving industrial productivity around the globe. Because 3D printing can create custom, complex parts faster than traditional manufacturing processes, engineers and product developers have found 3D printing to be an ideal solution for low volume parts and a key element in the next generation of energy, oil and gas components. Some of the applications of additive manufacturing includes producing spare parts on site, testing new product designs and simplifying inventory management to save costs.
Oil And Gas Applications
Functional
Prototypes
Realistic Scale
Models For Exhibition
Product
Demonstrations
Display Of Oil
And Gas Plants
Health And Safety
Training Replicas
Key Benefits
Quicker Prototyping Of Parts
One key benefit of 3D printing is the acceleration of product development. It allows those in the oil and gas industry to engage in multiple design cycles and quickly test design concepts by reducing the time to proceed with full production.
Produce Complex Geometries
Additive manufacturing is ideal to produce innovative shapes and complex geometries in a short time frame. Compared to traditional manufacturing, additive manufacturing allows for simplified manufacturing of pumps, valves, turbo machinery and other vital components cheaper and faster.
Manufacture Parts On Demand
Oil and Gas industries require many low volume parts that can be immediately manufactured and replaced. As the industry evolves, the lead time for production needs to be quicker and critical spare parts needs be readily available. Additive manufacturing can reduce warehouse stocks and inventory cost through on-demand manufacturing.
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