The global #Additive #Manufacturing Market is expected to increase government support to enhance additive manufacturing t geometries unachievable with traditional manufacturing methods, this has given rise to a growing number of advanced design tools like generative design and topology optimization.
Additive manufacturing has several advantages such as lower resource requirement, faster production cycle, flexible design, and substantial savings on tooling over traditional manufacturing technologies such as injection molding, #Computer Numerical Control (CNC) machining, and vacuum casting. After more than 25 years of development, the market is finally moving into the production phase. Over the forecast period, businesses alongside the price chain in a variety of industries are now trying hard to
capitalize on this fast-paced market. Different metals such as titanium, steel, nickel, aluminum, and cobalt alloys which have various properties are used to make high-performance parts, specifically in the #aerospace industry.
Advancements in metal 3D printing technology are projected to open up new horizons for lighter, safer and cleaner products which will create lucrative opportunities for the market.
As of 2019, the additive manufacturing industry is estimated to be worth over $9 billion dollars. While this is still a fraction of the wider $12 trillion manufacturing industry, the landscape is evolving rapidly, creating massive opportunities for the industry as a whole.
As new players continue to enter the market and new #technologies are developed, now is an exciting time to be a part of the change.
Design and simulation software are vital for additive manufacturing. Since AM offers the possibility of creating #complex geometries unachievable with traditional manufacturing methods, this has given rise to a growing number of advanced design tools like generative design and topology optimisation.
#Btec3D located at 913 Cedar Ave, Croydon, PA 19021, USA is a dynamic, leading technology and data driven custom manufacturing company that provides top industrial tools, equipment, and talent in the custom metal manufacturing Btec3D is proud to produce high-quality #precision products with accuracy and full quality assurance while delivering manufactured #metal products in a timely fashion.