Today it is small/medium business territory but not a large part of megafactories just yet.
Production thoughts:
- speed. 3D printers are not speedy, the tradeoff of speed vs flexibility is clear. Iterate the design with a 3D printer, make the mould and produce with injection moulding.
- material. $$$ for capability. Cheap plastics <$500. ABS+nylon $1000-$2000. Metal is $50k - $1mil depending on what is desired. Workable for some businesses. IE specialist mechanics: https://www.youtube.com/watch?v=4jbn0ah3u9E
- Method affects end result. Resin printing is different to FDM printing etc. FDM printing works in layers that make a plastic end result not food safe. So no printing kitchen bowls/ladles etc But that leaves a lot of possibilities out there!
The hobbyist angle pros:
- not that expensive! Mine cost $300.
- handy. Keyholder hooks, odd angle shelf brackets, fixing/upgrading kids toys, etc etc
- can send model elsewhere to be printed in fancy materials. See Shapeways.com
- can print models from others. See Thingiverse.com
Hobbyist cons: - time for 3D modelling. Unless you already know how to 3D model then this will take you time to learn. I see it as a "mindfulness" hobby, like knitting/crochet etc too.
A 3D printed part is unlikely to be better quality than something you can buy, assuming you can buy it. There are also lots of limitations; for example, watertight prints are difficult and limited. Also, making something food safe might require a special coating, so it's probably not worth it. (I haven't tried.)
As a consumer, there isn't likely to be anything you need that you can't order online. However, if you want to make something new, with just the right dimensions, 3D printing can be very useful for many random parts you need. Also, you can make improvements to things you buy.
Yes, 3d printing is a legit method for production. Typically if you can have a die made for it you will be better off in the long run with casting. Dies are incredibly expensive however.
Smaller runs or highly specialised and difficult geometries benefit from 3d printing.