SmarTech Analysis has published a new report on the state of metal 3D printing service bureaus dubbed “The Market for Metal Additive Manufacturing Services: 2020-2029.” The report illustrates the current picture of the metal additive manufacturing (AM) service market and projects the future revenue opportunities that will emerge by relying on a robust set of quantitative data. Though the report provides a comprehensive look at the industry, it is being framed as particularly valuable given the major disruptions that the COVID-19 outbreak has had on the global supply chain.
Nearly all products are made in a centralized manner, with individual components made in one set of factories and shipped to others to be assembled. As nations have shut down their borders in order to limit the spread of the highly contagious coronavirus, starting with China, the globalized economy was quickly disrupted. 94 percent Fortune 1000 companies were reported as seeing their supply chains impacted in response to the pandemic, just as it was reaching its peak impact in China.
Is manufacturing really slowing down or is it undergoing a transformation that can not yet be measured by traditional means? Robotics, drones, augmented reality and other technologies are transforming manufacturing in such a way not seen since the Industrial Revolution. But, in my opinion, one of the most disruptive forces is 3D printing. Not only could it disrupt the actual manufacturing process, but also manufacturing’s supply chain requirements with respect to inventory and transportation.
3D printing hubs, if strategically located, could speed up delivery times and improve efficiencies while bypassing various political risks and trade barriers. Some stakeholders are already experimenting with the use of this technology, and airports may present an attractive hub for the technology given their position and connectivity to various supply chains.
Many manufacturers including Ford, Fiat Chrysler, Boeing and Airbus have embraced 3D printing for years, often printing prototypes and hard to locate parts. Logistics and transportation providers including DB Schenker and UPS have also embraced 3D printing with DB Schenker, for example, offering customers the ability to upload their 3D templates, choose the material and color, view prices, order printing and arrange delivery. DB Schenker utilizes a partner network of startups and established firms for 3D printing and then DB Schenker delivers the items.
Online platforms are changing 3D printing just as 3D printing is changing manufacturing. Here are the latest facts and figures.
Digital manufacturing technologies, with 3D printing as the forerunner, are changing the way products are designed and manufactured. New examples of industrial applications of 3D printing are revealed almost every week. These come mainly from the big names in the automotive, aerospace, and medical sectors.
However, a quieter revolution is happening online. Manufacturing platforms are changing the way engineers work by giving them access to the latest technologies and making outsourcing easier and faster.