From auto makers to industrial companies, manufacturers are looking at how additive manufacturing, or 3D printing, can streamline its processes, decrease costs, and more.
“As industrial 3D printers go from stand-alone systems, used mostly for prototyping, tooling and single part production to becoming the core systems within integrated digital mass production lines, a number of opportunities are expected to emerge in the transformation of the factory of tomorrow,” said market research firm SmartTech said.
The market is growing substantially. In fact, Research and Markets forecasts that the global market for 3D printing metals, a key ability for manufactures, will reach a value of $12 billion by the year 2028.