CHGT: new 3D printing innovations open up opportunities
As forward-thinking technology company Changing Technologies, Inc. (http://tinyurl.com/mcdmvoe) has examined new ways to commercialize the latest innovations, a recent news report suggests that 3D printing is set to become a game-changer in the multi-billion dollar headphone market.
While figurines, household items and even food are examples of smaller-scale items created by 3D printers for the consumer end user, ABC News reported last week that a New York-based company is now mass producing custom-fit earphones using advanced mobile and 3D-printing technologies. Simply using a phone app and a photo, the earphones are custom-made, have a price-floor under $200 and can be delivered in two days.
NDP Group consumer electronics experts project earphone/headphone sales to exceed $2 billion in 2014. Apple Inc. recently purchased consumer electronics company Beats Electronics producers of Beats by Dre studio headphones) for a reported $3 billion.
"Consumers are finding that 3D printing can have a significant impact on their daily lives, and items they use can be produced significantly faster and less expensive than current mainstream options," CHGT CEO Omar T. Durham says.