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trendingreportz · 3 months

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Automotive 3D Printing Market - Forecast(2024 - 2030)

Automotive 3D Printing Market Overview

Automotive 3D printing market is expected to reach $1.8 billion by 2026 at a CAGR of 11.1% during the forecast period 2021-2026, owing to increasing research and development activities and innovations which is strengthening the automotive industry worldwide. Similarly, with a huge capital investment in automotive technology, several manufacturers are focusing on light weight vehicles to decrease the fuel consumption and low emission. Among all the R&D activities, 3D printing in automotive has come up with a rapid pace and gaining attention in the global automotive industry for rapid prototyping. According to the Chinese Passenger Car Association (CPCA), demand for electric car is growing progressively. This is due to the rising development of lightweight automobile parts utilizing 3D automobile printing technologies. The Chinese Government has rendered the development of additive manufacturing technologies a priority in the region. International companies are urged to create subsidiaries, although some domestic companies are also driven by government policies. Collaboration with other industry leader companies to incorporate various technology such as stereo lithography, selectrive laser sintering and digital light processing into their manufacturing process and create innovative product innovations would help them achieve strategic edge over their competitors.

Automotive 3D Printing Market Report Coverage

The report: “Automotive 3D Printing Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Automotive 3D Printing market

By Material: Metals, Polymer, Others (Ceramic and Glass) By Technology: Stereolithography, Selective Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling, Laminated Object Manufacturing, Three Dimensional Inject Printing, Others By Application: Prototyping & Tooling, Manufacturing Complex Components, Research, Development & Innovation, Others By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)

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Key Takeaways

Automotive 3D printing in North America is growing at significant rate owing to the stringent governmental regulations regarding automobiles and auto parts are regulated through the National Highway Traffic Safety Administration (NHTSA) and the U.S Environmental Protection Agency (EPA).

The exceptional growth prospects of the electric vehicles market is a major growth factor for the 3D printing automotive market owing to its importance in electric vehicles.

The automotive OEMs are partnering with the leading 3D printing companies like Stratatsys, Shining 3D, SLM Solutions are largely concentrating on the technologies like stereo lithography, fused deposition modeling, and Laser sintering.

Automotive 3D Printing top 10 companies include Stratasys Inc., 3D System, Materialise NV, Renishaw PLC, SLM Solutions, ExOne, Envisiontec Inc., EOS, Arcam AB, Autodesk, Inc., among others.

Automotive 3D Printing Market Segment Analysis - By Application

Manufacturing complex components is growing at a highest CAGR of 12.1% in the forecast period. Complex components with internal cavities require multiple subcomponents held together by a variety of processes in the standard subtractive manufacturing process. As 3D printing is in nature an additive, it can create identical parts as single objects, allowing for less inspections and improved efficiency in the workflow. With Additive Manufacturing, designs with complex geometries only distribute build material where conformity with automotive performance standards is strategically necessary. 3D-printed pieces often weigh less than half of the weight of their cast or machined counterparts. A single click away from the mouse dramatically attenuates the design process with on-the-fly alterations. Moreover, early adopters used one-of-a-kind printed prototypes for wind tunnel testing in the automotive industry. In addition additive Manufacturing processes provide cost-effective alternatives to traditional automotive component manufacturing, especially complex and unique parts. Further additive manufacturing helps companies to create complex designs that require fewer parts for these components to be produced. As a result, companies may reduce the assembly time and also experience a decrease in quality problems. Delphi, an Irish tier 1 supplier to the automotive industry, used a metal 3D printing method known as Selective Laser Melting to produce a single piece aluminium diesel pump. With this, the company achieved a remarkable reduction in the number of parts available for the pump, thereby avoiding a few post-processing steps and simplifying the assembly process. The end result was a finished product of higher quality as it reduced the low-time fluid and is less vulnerable to leakage, with lower manufacturing costs. Hence these factors are analysed to drive the market in the forecast period 2020-2025.

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Automotive 3D Printing Market Segment Analysis - By Technology

Selective Laser Sintering (SLS) in automotive 3D Printing is growing at a CAGR of 13.5% in the forecast period. Selective Laser Sintering is an additive manufacturing or 3d printing technology that can be used for processing many types of materials such as polymers, metals, ceramics, and composites to create complex parts. It's areas of applications include automotive, aerospace tooling, biomedical as well as architecture. In addition SLS technology based 3d printing helps in building much stronger and durable prototypes than other technologies, thus causing its demands over applications ranging from low volume production to rapid prototyping of automotive parts and components. Such factors have been helping this technology towards boosting its growth in the 3d printing automotive market in the forecast period. Moreover, this technology has been considered to be one of the fastest as well as widely used 3d printing process due to it scalability of printing multiple automotive parts simultaneously, thus maximizing the build space for the auto manufacturers. Due to this, auto manufacturers are able to build high amount of parts and fixtures within less time intervals, thus boosting their productivity standards. Since this technology has been helping in reducing additional costs for automakers, many major automotive companies have been highly shifting towards adopting selective laser sintering 3d printing for building vehicle parts more easily along with cost efficiency. As a part of this, recently FAW-Volkswagen Automotive Co. Ltd, a joint venture between FAW Group, Volkswagen and Audi revealed about producing prototypes for more than 5,000 parts a year deploying laser sintering technology. Further deployment of 3d printing technology across the automotive industry helped in reducing the overhead operational costs along with speeding up the design iteration process, thus driving its demands in the automotive sector in the forecast period 2021-2026.

Automotive 3D Printing Market Segment Analysis- By Geography

Automotive 3D printing in North America is growing at significant rate of 12.2% CAGR through 2026 owing to the stringent governmental regulations regarding automobiles and auto parts are regulated through the National Highway Traffic Safety Administration (NHTSA) and the U.S Environmental Protection Agency (EPA). Such regulations are related to improve the vehicle safety standards as well as reduce the vehicle emissions. Such factors have been creating high deployments of electric vehicles in the country, in order to comply with such laws, thereby boosting the market growth of 3d printing technology. Moreover, rising growth of automobiles has caused the various automakers to shift towards advanced technologies in order to increase mass production of vehicles more efficiently within lesser time intervals along with reducing fuel consumption. As a part of this, one of the major U.S auto manufacturer, General Motors had invested in Autodesk’s software with 3d printing in effort to produce lighter vehicle parts through mass reduction and parts consolidation. Deploying of such lighter auto parts eventually helps in cutting the high fuel consumption costs for the customers, thus driving the automobiles demands. Such initiatives have been helping in boosting the growth of 3d printing in automotive market in the forecast period 2021-2026.

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Automotive 3D Printing Market Drivers

Impressive Growth of Electric Vehicles

The market for electric vehicles is growing all across the globe, however, the electric vehicle market growth in China is quite significant. The exceptional growth prospects of the electric vehicles market is a major growth factor for the 3D printing automotive market owing to its growing importance in electric vehicles. 3D printing is seen as a solution by the OEMs in the global market. The automotive OEMs are partnering with the leading 3D printing companies like Stratatsys, Shining 3D, SLM Solutions are largely concentrating on the technologies like stereo lithography, fused deposition modeling, and Laser sintering. These technologies have high experience on the creating cost effective and composite parts that aid to improve the efficiency of the vehicles.

Growing Investments in 3D printing or additive manufacturing

Global 3D Printing Automotive Market is gaining traction due to the huge funds towards research and development of manufacturing technologies and materials. New manufacturing processes are being deployed to satisfy the increasing demand of consumers. The automotive companies are poised to lead the technological transformation in manufacturing. In April 2018, BMW invested $12m in a new additive manufacturing campus, Located Munich, Germany. BMW states that it is already using additive manufacturing to make prototype components in Shenyang (China) and Rayong (Thailand). Going forward, it plans to integrate additive manufacturing more fully into the local production structure of China and allow small production runs for customizable components. The HP and Guangdong companies have disclosed a new production-grade Additive Manufacturing centre in Dali, Foshan China. The venture in 10 HP Multi Jet Fusion 3D printing systems and is HP’s largest deployment of production-grade 3D printing in the Asia Pacific. Chinese State-Owned Enterprises (SOE) and Privately Owned Enterprises (POEs) together have planned to operate in China by establishing joint ventures involving foreign. The JVs in particular have an advantage in leveraging their global platform in creating vehicles, particularly for the Chinese market.

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Automotive 3D Printing Market Challenges

Low speed Production

Additive manufacturing is facing speed of production challenges, which limits mass production potential. Advances are being made in additive manufacturing processes such that companies can create reliably unique parts and mass produce them and create custom parts for individual markets. The additive manufacturing technique is a game changer in industries where higher production costs are outweighed by the additional value generated by the manufacturing technique. However, the automotive industry is a high volume industry that requires great production speeds to make profits. The low production speeds of the additive manufacturing technique is seen a major impediment for wider adoption of the manufacturing technique in the automotive industry. In an attempt to tackle this challenge, high speed additive manufacturing has become an important area of research.

Automotive 3D Printing Market Landscape

Technology launches, acquisitions, Expansions, Partnerships and R&D activities are key strategies adopted by players in the automotive 3D printing market. In 2019, the market of automotive 3D printing industry outlook has been fragmented by several companies. Automotive 3D Printing top 10 companies include Stratasys Inc., 3D System, Materialise NV, Renishaw PLC, SLM Solutions, ExOne, Envisiontec Inc., EOS, Arcam AB, Autodesk, Inc., among others.

Acquisitions/Technology Launches

In 2020 Rimac launched the Rimac Design Challenge. The winning design was the Rimac Scalatan, a spectacular concept by Max Schneider which offered a unique window into what our world and the transport industry could look like in 2080. The car comes with an aerodynamic carbon-nanotube graphene outer surface that sits on top of a generative-design chassis made from 3D printed titanium graphite.

In June 2019, In order to make the benefit of advertised fuels available to widely valued consumers around the world, HPCL has figured out the solution by offering aftermarket fuel performance enhancing additives in compact small pouches. Vinner Petrol Plus and Vinner Diesel Plus will be available on the market in different sizes of pouches.

#Automotive 3D Printing Market #Stereolithography #Automotive 3D Printing Market size #Electron Beam Melting #Automotive 3D Printing industry #Automotive 3D Printing Market share #Automotive 3D Printing top 10 companies #Automotive 3D Printing Market report #Automotive 3D Printing industry outlook

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lalsingh228-blog · 10 months

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3D Printing in Electronics Market Gaining Momentum with Positive External Factors

Advance Market Analytics published a new research publication on "3D Printing in Electronics Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the 3D Printing in Electronics market was mainly driven by the increasing R&D spending across the world.

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/3314-global-market-3d-printing-in-electronics The 3D Printing in Electronics Market report covers extensive analysis of the key market players, along with their business overview, expansion plans, and strategies. The key players studied in the report include: 3d systems [United States], arcam [Sweden], exone [United States], stratasys [United States], autodesk [United States], eos [Germany], envisiontec [Germany], graphene 3d lab [United States], materialise [Belgium], optomec [United States], voxeljet [Germany]. Definition: The use of 3D printing technology in electronics has revolutionized the electronic industry by minimizing the waste. One of the key benefits of incorporation of this technology is its ability to create small scale components which has greatly benefited the production process. The growing adoption of 3D technology in electronics creates huge potential as it could lead to new medical treatments to cure wound. The following fragment talks about the 3D Printing in Electronics market types, applications, End-Users, Deployment model etc. A thorough analysis of 3D Printing in Electronics Market Segmentation: by Type (3d printers, Materials, Services), Application (Consumer electronics, Automotive, Aerospace, Industrial, Others) 3D Printing in Electronics Market Drivers:

Ability to Create Small-scale Components

Growing Need for Light Weight and Circuit Less Electronic Components

3D Printing in Electronics Market Trends:

Rising Need for Customized 3D Printing Electronics

Growing Use in Touch Devices and Smart Display

3D Printing in Electronics Market Growth Opportunities:

Increasing Focus Towards Minimizing Waste in Production Process

Technological Advancement Leading to Rising Demand of 3D Printing Technology in Electronics

As the 3D Printing in Electronics market is becoming increasingly competitive, it has become imperative for businesses to keep a constant watch on their competitor strategies and other changing trends in the 3D Printing in Electronics market. Scope of 3D Printing in Electronics market intelligence has proliferated to include comprehensive analysis and analytics that can help revamp business models and projections to suit current business requirements. We help our customers settle on more intelligent choices to accomplish quick business development. Our strength lies in the unbeaten diversity of our global market research teams, innovative research methodologies, and unique perspective that merge seamlessly to offer customized solutions for your every business requirement. Have Any Questions Regarding Global 3D Printing in Electronics Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/3314-global-market-3d-printing-in-electronics Strategic Points Covered in Table of Content of Global 3D Printing in Electronics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the 3D Printing in Electronics market

Chapter 2: Exclusive Summary and the basic information of the 3D Printing in Electronics Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the 3D Printing in Electronics

Chapter 4: Presenting the 3D Printing in Electronics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2018-2022

Chapter 6: Evaluating the leading manufacturers of the 3D Printing in Electronics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, 3D Printing in Electronics Market is a valuable source of guidance for individuals and companies. Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/3314-global-market-3d-printing-in-electronics What benefits does AMA research study is going to provide?

Latest industry influencing trends and development scenario

Open up New Markets

To Seize powerful market opportunities

Key decision in planning and to further expand market share

Identify Key Business Segments, Market proposition & Gap Analysis

Assisting in allocating marketing investments

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]

#Global 3D Printing in Electronics Market #3D Printing in Electronics Market Demand #3D Printing in Electronics Market Trends #3D Printing in Electronics Market Analysis #3D Printing in Electronics Market Growth #3D Printing in Electronics Market Share #3D Printing in Electronics Market Forecast #3D Printing in Electronics Market Challenges

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abcergh · 11 months

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Global 3D Printed Electronics Market Size, Share, Growth Analysis, By Printing Technology(Inkjet Printing Screen Printing, Gravure Printing), By Material(Ink, Polymer)

Global 3D Printed Electronics Market Insights

Global 3D Printed Electronics Market size was valued at USD 10.6 billion in 2021 and is poised to grow from USD 12.22 billion in 2022 to USD 38.2 billion by 2030, growing at a CAGR of 15.31% in the forecast period (2023-2030).

3D printed electronics is a new program that allows electronics to be integrated into or on top of devices. The concept of 3D printing has been widely applied to the exterior of 3D injection molded synthetic objects to add antennas and simple conductive interconnects. With technological advancements in the 3D printed electronics business, new techniques can be used to create materials and processes to create sophisticated circuitry inside parts. Customization can be a valuable advantage in the development of fully formed additive manufacturing parts for circuit boards or any computerized device. The demand for small, thin devices with advanced capabilities is insatiable. However, difficult tasks such as designing a PCB or printed circuit board and its components are usually outsourced, resulting in longer waiting times. With the introduction of 3D printing, it is now possible to create in-house prototypes of circuits and circuit boards, reducing cost, time, and concerns about intellectual property infringement. Improved efficiency and productivity of manufacturers, as well as lower material costs, are expected to drive the global 3D printed electronics market during the forecast period.

Increased production of products with reduced weight, ease of use, and improved technology in manufacturing electrical components, all benefit the market. Increased production of antenna and sensor printing in 3D form stimulates the market. The rapid adoption of newly developed technologies in many sectors, as well as increasing consumer demand in industries such as the health sector, defence, telecommunication, automobile industry, electrification system, power utility, aerospace, and many others. The market is expected to flourish with the increased competition due to new arrivals and the availability of increased performance. Rising market participants and increased investment in the electronics and automobile industries have boosted market rates. However, the cost of new equipment and material for printed electronics are high, may this factor hamper market growth.

Global 3D Printed Electronics Market Segmental Analysis

Global 3D printed electronics market is segmented on the basis of printing technology, material and region. On the basis of printing technology, global 3D Printed Electronics Market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. On the basis of material, global 3D Printed Electronics Market is segmented into ink, polymer, paper and glass. On the basis of region, global 3D Printed Electronics Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.

3D Printed Electronics Market Analysis by Printing Technology

On the basis of printing technology, global 3D printed electronics market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. The inkjet segment accounted for a significant share of the revenue in the global market. The rapidly increasing adoption of this unique and advanced technology is fuelling the rapid growth of this segment. Inkjet printers are adjustable and versatile and easy to set up. Inkjet printers have a low throughput of about 100 m2/h and low resolution (about 50 m). It works well with soluble, low-viscosity materials such as organic semiconductors. High-viscosity materials, such as organic dielectrics, and dispersed particles, such as inorganic metal inks can cause nozzle obstruction. The thickness and uniformity of the dispersion decrease as the ink is applied in droplets. Using multiple nozzles simultaneously and pre-forming the substrate can improve productivity and resolution.

3D Printed Electronics Market Analysis by Material

On the basis of material, global 3D printed electronics market is segmented into ink, polymer, paper and glass. The ink materials segment accounted for the largest revenue share in the printed electronics market. The increasing growth of this segment is due to the rapid market acceptance of this substance. The increasing adoption of printed electronics technology has allowed the widespread use of inks in a wide range of applications in many fields. Also, inks are becoming more readily available in the market, making them more accessible to buyers.

#Global 3D Printed Electronics Market

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shital1998 · 2 years

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3D Printing Materials Market - Global Opportunity Analysis and Industry Forecast (2021-2028)

Meticulous Research®— a leading global market research company, published a research report titled “3D Printing Materials Market by Type (Polymer, Metal, Ceramics & Composites), Form (Filament, Liquid, Powder), Technology (FDM, SLA, Polyjet, Multijet, Binder Jetting, EBM), Application - Global Forecast to 2028”.

The 3D printing materials market is expected to grow at a CAGR of 26.7% by value from 2021 to reach $9.86 billion by 2028. The growth of this market is majorly attributed to factors such as growing demand for polymers in 3D printing, mass customization of various functional parts for industrial equipment, jewelry and consumer goods, and government initiatives to support the adoption of 3D printing. However, the high costs of 3D printing materials obstruct the growth of this market to some extent. Lack of awareness of 3D printing technology among supplies, buyers, users, and lack of skilled laborers to perform 3D printing operations is a major challenge for the growth of the 3D printing materials market.

Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5083

Scope of the Report

3D Printing Materials Market, by Type

· Polymer

o Photopolymer

o Polylactic Acid

o Acrylic Styrene

o Polyamide

o Polycarbonates

o Polypropylene

o Thermoplastic Elastomers

o Other Polymers

· Metal

o Steel

o Titanium

o Nickel

o Aluminum

o Copper

o Cobalt Chrome

o Other Metals

· Ceramics & Composites

3D Printing Materials Market, by Form

· Filament

· Liquid

· Powder

3D Printing Materials Market, by Technology

· Fused Deposition Modeling (FDM)

· Selective Laser Sintering (SLS)

· Stereolithography (SLA)

· Direct Metal Laser Sintering (DMLS)

· PolyJet

· Multi Jet Fusion

· Digital Light Processing (DLP)

· Binder Jetting

· Electron-beam Melting (EBM)

· Other Technologies

3D Printing Materials Market, by Application

· Consumer Products

o Electronic appliances

o Jewelry, Artistic Items, and Other Products

· Automotive Parts

· Industrial Application

o Equipment & Machines

o Goods & Materials

· Healthcare

· Aerospace & Defense

o Prototype Weapon

o Body & Spare parts

· Other Applications

3D Printing Materials Market, by Geography

· North America

o U.S.

o Canada

· Asia-Pacific (APAC)

o China

o Japan

o India

o South Korea

o Rest of APAC (RoAPAC)

· Europe

o Germany

o U.K.

o Italy

o France

o Russia

o Spain

o Rest of Europe

· Latin America

· Middle East & Africa (MEA)

Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.meticulousresearch.com/product/3d-printing-materials-market-5083

The market is segmented based on type, form, technology, application, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on type, the 3D printing materials market is mainly segmented into polymers, metals, and ceramics & composites. By value, in 2021, the polymers segment is expected to account for the largest share of the 3D printing materials market. The large share of this segment is mainly attributed to its properties such as lightweight, corrosion resistance, toughness, and high strength, increasing demand for 3D-printed retainers made from nylon (PA66) or other polymers to reduce bearing weight, and the use of polymers to manufacture live saving equipment during COVID-19 pandemic. However, the ceramics & composites segment is expected to grow at the highest CAGR during the forecast period.

Based on form, the 3D printing materials market is segmented into powders, filaments, and liquids. In 2021, the powders segment is expected to account for the largest share of the 3D printing materials market. The large share of this segment is mainly attributed to the high demand for designing animal prosthetics, increasing demand for processing various industrial metals by using powder-based additive manufacturing, and manufacturing of three-dimensional lithium-iron batteries. However, the filaments segment is expected to grow at the highest CAGR during the forecast period.

Based on technology, the 3D printing materials market is segmented into fused deposition modeling (FDM), selective laser sintering (SLS), stereolithography (SLA), direct metal laser sintering (DMLS), polyjet, multijet fusion, digital light processing (DLP), binder jetting, and electron-beam melting (EBM). The fused deposition modeling (FDM) segment is expected to account for the largest share of the 3D printing materials market in 2021. The large share of this segment is mainly attributed to the ability to adjust several process parameters, such as both nozzle and build platform temperatures, and growing demand for using high-performance thermoplastics in FDM technology to manufacture customized parts and prototypes. However, the EBM segment is expected to grow at the highest CAGR during the forecast period.

Speak with Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5083 Based on application, the 3D printing materials market is segmented into consumer products, automotive parts, industrial applications, healthcare, and aerospace & defense. The consumer products segment is expected to account for the largest share of the 3D printing materials market in 2021. The large share of this segment is mainly attributed to factors such as growing demand for customized 3D printed consumer goods, high adoption of 3D printing technology by industrial designers, mechanical engineers, packaging designers, and graphic artists to understand the aesthetics and functional appeal of the products.

Geographically, North America is expected to account for the largest share of 3D printing materials in 2021. The large share of this market is mainly attributed to the presence of major 3D printing materials companies, namely 3D Systems Corporation (U.S.), Proto Labs, Ltd., (U.S.), The ExOne Company (US), HP INC. (U.S.), EnvisionTEC, Inc. (U.S.), Markforged, Inc. (U.S.), and Tethon 3D (U.S.) for high adoption of 3D printing technology for making orthopedic and cranial implants, surgical instruments, dental restorations such as crowns, and external prosthetics in the healthcare industry.

The key players operating in the 3D printing materials market are 3D Systems Corporation (U.S.), Proto Labs, Ltd., (U.S.), The ExOne Company (U.S.), HP INC. (U.S.), EnvisionTEC, Inc. (U.S.), Markforged, Inc. (U.S.), Tethon 3D (U.S.), Evonik Industries AG (Germany), Materialise NV (Belgium), EOS GmbH (Germany), Stratasys Ltd. (Israel), Zortrax (Poland), Sculpteo (France), Lithoz GmbH (Austria), and IC3D, LLC. (U.S.).

Download Free Research Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5083

Key Questions Answered in the Report-

· Which are the high-growth market segments in terms of type, form, technology, application, and geography?

· What is the historical market size for 3D printing materials across the globe?

· What are the market forecasts and estimates for the period 2021-2028?

· What are the major drivers, restraints, opportunities, and challenges in the 3D printing materials market?

· Who are the major players in the market, and what are their market shares?

· Who are the major players in various countries?

· How is the competitive landscape for the 3D printing materials market?

· What are the recent developments in the 3D printing materials market?

· What are the different strategies adopted by the major players in the market?

· What are the key geographic trends, and which are the high-growth countries?

· Who are the local emerging players in the 3D printing materials market, and how do they compete with other players?

Meticulous Research®

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[email protected]

Contact Sales- +1-646-781-8004

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#3D Printing Materials Market #3D Printing Materials #3D Printing #Printing Materials Market #Chemicals and Materials #Chemicals #printing industry #printing #chemical industry #printing and packaging #automotive #electronics #consumer electronics #aerospace

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theambitiouswoman · 10 months

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Hobby Ideas 🎨💻🎵🧁🪴

💰 Hobbies to Make Money:

Freelance Writing

Photography

Graphic Design

Web Development

Online Selling (e.g., Etsy, Amazon, eBay, Shopify)

Blogging

Stock Trading

Real Estate Investing

Affiliate Marketing

Freelance Consulting

💪 Fitness Hobbies:

Running

Yoga

Weightlifting

Cycling

Swimming

Martial Arts

CrossFit

Hiking

Rock Climbing

Dance (e.g., Zumba, Hip-hop)

☀️ Outdoor Hobbies:

Camping

Fishing

Birdwatching

Gardening

Geocaching

Kayaking

Mountain Biking

Backpacking

Stargazing

Horseback Riding

💻 Technology Hobbies:

Programming

Robotics

3D Printing

Virtual Reality (VR) Gaming

Home Automation

Drone Flying

Cybersecurity

App Development

Electronics DIY

PC Building

🎵 Music Hobbies:

Playing an Instrument (e.g., Guitar, Piano)

Singing

DJing

Music Production

Songwriting

Music Recording

Karaoke

Music Theory

Joining a Band or Choir

Vinyl Collecting

📚 Brainy Hobbies:

Chess

Sudoku

Crossword Puzzles

Board Games

Reading

Learning a New Language

Brain Teasers

Logic Puzzles

Math and Mathematical Puzzles

Astronomy

✨ Other Hobbies:

Cooking and Baking

Painting and Drawing

Pottery and Ceramics

Woodworking

Knitting or Crocheting

DIY Home Improvement

Model Building (e.g., model trains, airplanes)

Collecting (e.g., stamps, coins, vintage items)

Volunteer Work

Meditation and Mindfulness

#hobbies #creative #creative inspiration #inspiration #creativity #creating #learning #skills #life skills #advice #life advice

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y2klostandfound · 1 year

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Sony Aibo on Science et Vie Micro Issue 179 (02-2000)

Translation in English:

Japanese convergence

Twice this year, Sony has marketed its robotic Aibo, a luxurious toy for spoiled children. But the beast could soon change its vocation.

In two, even three years, Aibo, man's best cybernetic friend, could make friends with the Playstation 2! If, currently, the Aibo mainly resembles a gadget for privileged wealthy people, and which we tire of relatively quickly, Sony has other ambitions for future models. His project, in addition to a more affordable price, aims to develop an interface that would allow you to connect your Aibo to another of its great successes: its Playstation game console. Rather clever: with nearly 40% of Sony's profits in 1998 coming from the division which takes care of the video games activity (SCE), the Playstation has become a major business for the Japanese electronics giant.

Aibo on Playstation The Playstation 2 is announced commercially in Japan from March. This new version of the first game console is already making many people dream: not only does it have exceptional computing power, but it is also equipped with sophisticated connectivity. The public's reception promises to be enthusiastic, so this should make it the ideal platform for the Aibo! The latter currently uses an 8 or 32 MB Memory Stick to store its programmed behaviors. Thanks to a remote control which emits sound signals, it is possible to transmit a few simple orders. The next generations should of course go further. Among other things, it would be possible to download a program or a series of instructions created on Playstation 2 directly into the beast.

A multitude of possible applications can be envisaged. For example, an introduction to programming, inspired by the Logo language for children: but instead of moving a "turtle" in the two-dimensional space of a computer screen, it would be the robot that would follow the programmed path.

Another possible application: a "player" could program a route or a mission (forbidding "intruders" from his room, checking the presence in a given place of a person whose "visual signature" or "voice print" the Aibo knows), or even a joust with a friend's Aibo (race, jumping competition or other free figures…). All this could even be accomplished via a virtual Aibo that you move around with the joystick like in some kind of video game, rather than entering lines of code or macros. Once the room had been simply modeled in 3D using primitives (cubes, cylinders, etc.), the virtual robot would then have to be moved around this 3D world, an exact copy of the house, before the Aibo could actually perform the maneuver.

Meet with aibo on: www.world.sony.com/aibo/index.html

#sony #aibo

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copperbezel · 2 months

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BN-U13 Mech Droid

I finally have a 3D printer thanks to an Anycubic sale, and I started a small project to try it out and work out my calibrations and learn the process of printing a bit. The little droid in the middle is BN-U13, or Bunny, intended as 1/12 scale because I live there, and also because Star Wars Black Series uses this scale.

BN-U13 is an inexpensive little mech droid intended as a competitor's cheap but familiar alternative to the ubiquitous R-series astromech droids. (If dust farmers are buying military-grade astromech droids secondhand for maintenance work, there's clearly a market for it.) Bunny can't calculate hyperspace jump coordinates, but she is programmed with repair manuals for over 1100 models of load-lifter alone. And while she doesn't carry the wide variety of built-in tools common in astromechs, she comes complete with a retractable manipulator arm, scomp link (not articulated on my figure), and a convenient carry case sleep mode. Modeled here by Tajador for some reason.

The design draws of course from droids like the DUM pit droids, BD-1, D-O, and the R-series astromech droids in general, but also some elements of an oscilloscope, a couple of grills, and a handful of other mechanical references. I like to think that the rear legs evoke office chair casters.

Bunny's printable model is available for download at Cults 3D. If you print one yourself, I'd be overjoyed to hear about it!

Free OBJ file BN-U13 Mech Droid Star Wars fan design 🤖 ・3D printer model to download・Cults (cults3d.com)

Thanks as always to @aprilpowered and Workbenchmaniac for their help along the way with this design. April's familiarity with the Star Wars galaxy and WebM's experience with resin printing in particular averted what could have otherwise only been certain disaster. April even suggested the carry handle for that classic luggable electronics flavor.

#star wars droids #droid #star wars #action figures #3d printing

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tricktster · 2 years

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i mean sure, i’ve spent hours and hours learning how to make my cheap base model 3d printer into something that:

will not catch on fire;

can be controlled using something approximating modern technology, and;

actually performs the function of a 3D printer at a reasonably high level of accuracy and with minimal catastrophic failures

it’s taken some work. like kind of a lot of work. like going from a totally blank slate re: electronics to semi-competently understanding basic circuitry and computer programming to the extent where I am no longer afraid to unscrew the damn thing and fuck around with the control board and wiring. I own a bag of fork terminals and crimping pliars now. I know what a MOSFET is and own at least three. Raspberry pis? I’ve got three now, and one of them is what I use to control the printer now.

Like I took this analog antiquity that had to be manually operated by using a single dial to navigate a bewildering maze of menus and submenus, something that was not only incapable of internet access but could only print from a SD reader so outdated that it could not communicate with 95% of the SD cards on the market… and now I can operate it entirely from my phone, including wirelessly uploading files, AND I can monitor it from an arducam stream the whole time while AI simultaneously monitors it for failures or issues.

And that’s not getting into the hardware upgrades. This thing is the ship of Theseus by this point. I’ve modded and upgraded just about every part, from the frame to the Y-carriage plate, to the heated bed, the z stop, the cooling block, the hotend and nozzle(s); the cooling fan, the extruder plate and lever, thermistor, x and y timing belts and tensioners, bed leveling wheels, bed leveling springs/columns, I popped some hardcore z braces on there, introduced a much more powerful cooling fan in the control boz, I swapped the spool holder out for a heated filament chamber, oh and of course, I built an enclosure out of plexiglass and IKEA Lack side tables with independently controlled fume venting and an IoT thermo/hygrometer sensor inside.

by this point some (perhaps most?) of you are thinking “jesus christ, why TST?? this all sounds like a massive pain in the ass???” and you’re not wrong but look listen. listen. All of that effort, all of that time and effort and all the mistakes and frustration along the way, they were all worth because now I own a machine that can just manifest stuff into existence at my command.

Like it occurred to me last night that it might be nice to own a little glow-in-the-dark model of a low poly panther, you know, just for fun.

an hour later i was holding this:

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arkenforge · 2 years

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What does OGL v1.1 mean for VTTs?

Hey folks! You’ve probably heard that a draft of the OGL v1.1 from WotC has been leaked. We’ve heard what this means for publishers thanks to folks like The Rules Lawyer and Linda Codega. We haven’t heard much about the VTT side of things. As a VTT developer, we’ll be weighing in on this issue from the digital TTRPG side of things. We’ll be explaining how this is a clear attempt for WotC to consolidate power in the digital TTRPG space at the expense of independent (and some large) publishers.

If you aren’t sure what the OGL is, we’ll let Wikipedia do the work on this one.

Before we dive into how this will affect the VTT space, we need to look at the context for the OGL v1.1 release.

D&D Beyond

D&D Beyond is by far the most popular tool for character management in D&D5e. It contains a fully searchable and filterable repository of all game rules, classes, races, spells, etc. It also does character management, encounter building and dice rolls, and hosts a digital copy of all official 5e adventures. Essentially, if you’re using any official content from Wizards of the Coast, you can find it on D&D Beyond.

Last year D&D Beyond was purchased by Wizards of the Coast for $146.3 million. At the time of purchase they had amassed almost 10 million users (now ~13 million based on a recent investor call). We learnt recently that WotC is using D&D Beyond as the cornerstone of their new digital D&D offering. All of the content and automation that is needed to play 5e can be managed through D&D Beyond except for one key element – interactive maps. That’s where the recent announcement of Wizards’ new VTT, OneD&D, comes into the picture.

But why male models VTTs?

For those that haven’t heard of the term before, VTTs are virtual tabletops. They allow people to run their games digitally, either online or in person. VTTs tend to provide tools and/or automation to make running your games smoother and more immersive. They are also very useful for those who have party members in multiple locations.

VTT use is at its highest point ever. After two years of global isolation, players flocked to online VTTs such as Roll20, Foundry, Fantasy Grounds, and Owlbear Rodeo. This led to millions of players who typically play around the table to experience digital tabletop tools for the first time, and by far the most popular game they were playing was D&D.

Playing D&D online

Right now 5e is played everywhere, and could make up as much as half of all TTRPG games played globally based on information from last year’s Orr report. This is a huge market, and right now it’s spread over every VTT out there. Wouldn’t it be great for Wizards of the Coast if everyone was playing on a platform that they fully owned and controlled? GMs could buy all their content from WotC directly, without needing to revenue share with those other VTTs. The famously under-monetised players could customise and personalise their characters with purchaseable cosmetics or character sheets that are provided by WotC directly, not by independent artists.

Wizards of the Coast certainly seems to think that this is a great idea. Enter OneD&D.

OneD&D is a new VTT being built by Wizards, slated for a 2024 release. Early footage from the announcement trailer shows it as a highly detailed 3D platform that provides all the standard VTT features. However, with everyone already using all the other VTT platforms competition would be quite fierce. That is, unless they had a way to shut out others from the market.

We think that’s one of the primary purposes of OGL v1.1 – to deliberately remove the competition for digital D&D tools, leaving WotC with the monopoly on all future D&D content through D&D Beyond and OneD&D.

Consolidating Power – OGL v1.1

The primary thing we need to worry about in the VTT space is covered by the following excerpts. We’ve bolded the important bits:

From the recent OGL post on DnDBeyond: “those materials are only ever permitted as printed media or static electronic files (like epubs and PDFs)”, and

This section from Linda’s Gizmodo article: “[The updated license] only allows for creation of roleplaying games and supplements in printed media and static electronic file formats. It does not allow for anything else, including but not limited to things like … virtual tabletops or VTT campaigns … You may engage in these activities only to the extent allowed under the Wizards of the Coast Fan Content Policy or separately agreed between You and Us.”

The mostly overlooked takeaway from OGL v1.1 is that it only covers static electronic files. That is, content that can not be altered in any way, and content that is in transferrable file form. No websites. Even if you’re putting up a single static web page, if it’s got text from a 5e book it’s illegal.

Creating a form fillable PDF? Not allowed. Building your own 5e character manager? Illegal. A 5e compendium? Do not pass go, do not collect $200 (ironically also a reference to a Hasbro product). Nothing that is both digital and interactive can be published without a special ‘custom agreement’ with WotC.

The forbidden content

Here’s a few examples of things that are both digital and interactive that OGL v1.1 forbids:

A fully searchable and filterable repository of any 5e content. If you can show or hide content based on a set of filters, it’s not static

Character management

Encounter building

I don’t know about you, but that sounds pretty close to all the things that D&D Beyond does! What else could you consider digital and interactive I wonder?

Interactive maps

Automation of 5e rules and combat

That’s sounding quite a bit like the features a VTT might provide! How awfully convenient that WotC is releasing one in 2024!

“But VTTs already have agreements, so OGL v1.1 won’t affect them”

This is an argument that WotC has already made, and no doubt will continue making until the release of OneD&D. This is specifically what they’ve said:

“The top VTT platforms already have custom agreements with Wizards to do what they do.” (source). This is a handwaving a lot of issues.

Firstly, note here that the top VTT platforms are specifically Roll20 and Fantasy Grounds. FoundryVTT, who at this point we would very much consider a top VTT, does not have a custom agreement with WotC. Arkenforge (who we consider a pretty great VTT) does not have an agreement with WotC. The vast majority of VTTs don’t have an agreement with WotC.

As Foundry founder and developer Atropos himself said recently: “We’ve been actively monitoring this situation and we’re going to be proactively working on a path forward that will cover our use case and allow us to support One D&D. We are not, however, in a position to do so already under the terms of today’s post. There is work to do“.

This isn’t a surprise

We alluded to this in our previous article about the D&D Beyond purchase: “The bigger implication here though is the continuation of ‘unofficial’ D&D Beyond support. …there are a large number of tools out there that are currently skirting an incredibly grey area of licensing. Neither D&D Beyond or WotC have approved these tools…. Knowing WotC, it’s incredibly likely that as the release of the VTT draws near, the creators of these tools will start receiving Cease and Desist letters and takedown notices”. It’s why we’ve deliberately shied away for putting anything even remotely close to 5e into our software. We’d love to have functionality that allows us to pull D&D Beyond data, but it’s a dangerous area.

There’s a very long list of VTTs that have appeared in the last few years that primarily serve 5e content. Too many to list here. All of these VTTs are risking cease and desists under OGL v1.1. Tools that pull content from Beyond, or even tools that allow for easy browsing of the 5e ruleset are also illegal under OGL v1.1.

Independent releases on VTTs

The other elephant in the room with Wizards’ statement is that this agreement is with VTT platforms that release their own versions of 5e books. VTTs are also an excellent marketplace for independent creators. They can publish their content for people to play directly without needing to worry about printing and distribution. Many Patreons also offer VTT content for their higher tier patrons.

Content that independent creators create and sell on these platforms is not part of the VTT agreement. Most likely the OGL v1.1 will prevent them from creating interactive digital versions of their products to sell on VTT marketplaces. This is going to force anyone wanting to create online D&D content to OneD&D, who will more than likely provide plentiful tools to publish your content through their own platform.

The ability for WotC to revoke any license with only 30 days’ warning can put a strain on those VTTs with marketplaces. We could very well have a message from Wizards that we need to remove a certain product at once. Not only does this put stress on our the people managing our marketplace, it can also annoy users who could see any D&D-related purchased content vanish from their libraries with no warning.

OGL v1.1 overreach

As you read above, we expected the heavy-handed crackdown on 5e content. It’s only natural that WotC would try to reduce competition and move as many players as possible to their own platform. What we didn’t expect however, were the changes to OGL publishing.

Wizards is trying very hard to have OGL 1.1 be the only publishable license available. They’re already trying to claim that the existing OGL is now unauthorized, which would prevent anyone from publishing under it.

If you think this will only affect D&D, here’s just some of the popular Publishers and TTRPGs that are published under the previous OGL.

Paizo – Pathfinder, Starfinder

Evil Hat Productions – Fate, The Dresden Files RPG

Pinnacle Entertainment – Pathfinder for Savage Worlds

Green Ronin Publishing – Mutants and Masterminds

This leads to one big question for publishers and VTTs alike. Can these publishers publish VTT versions of their systems and adventures? The new OGL says no.

A digital graveyard

Under the new licensing, Mutants and Masterminds can’t decide to put their content on any VTT without consulting WotC first. We likely can’t get official Pathfinder or Starfinder content on our own Arkenforge store because those new products may violate OGL v1.1’s ‘no interactive digital content’ terms. Despite a publisher already having a deep library of content, converting an existing adventure module for a VTT can easily be classified as a ‘new product’ that OGL v1.1 covers. No third parties could create digital content for these systems either. Many people will likely try to continue releasing content for open VTTs such as Foundry under the Fan Content Policy, but that’s treading into an incredibly grey area and will most likely be forbidden.

If this interpretation is correct (and all signs so far point to WotC trying to push this as the correct interpretation) then there’s a lot more than D&D that will be affected by this change in the digital space. Several independent creators will be unable to keep up releases with new VTTs unless Wizards allows them to. This simple change in the OGL gives Wizards of the Coast complete control of the digital future of several popular roleplaying games. We sincerely hope that this isn’t the interpretation that they end up going with.

Conclusion

Wizards of the Coast strongly believes that online, digital tools are the future of tabletop roleplaying. They’ve structured OGL v1.1 to try and monopolise this space for all future D&D content. Both large and independent publishers can only release digital content on Wizards’ terms. These terms will likely come with either OneD&D exclusivity requirements or some level of royalties. They can also choose to shut people out of the digital market entirely. OGL v1.1 gives WotC the ability to stop Paizo releasing any future Starfinder content on any VTT. There’s a couple of other tricks that they have up their sleeve that we unfortunately can’t discuss for legal reasons.

OGL v1.1 in its current form will undoubtedly be disastrous for the future of independent creators for 5e content. Wizards is unhappy with the lack of control they’ve had over independent creators in the past, and they’re now tightening their grip too hard. We can only hope that enough people speak out to make these Wizards break concentration.

#dnd #onednd #ogl 1.1 #ogl #opendnd

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shopsignbd · 6 months

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bolesolutions · 10 months

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Rapid Prototyping Services Revolutionizes Innovation

Rapid prototyping is a process that uses three-dimensional computer-aided design (CAD) data to quickly produce a scale replica of a physical item or assembly. The intention is to provide engineers and designers the opportunity to assess a design's shape, fit, and functionality before mass production. The procedure allows for rapid prototype, which cuts down on the development cycle's duration and expense.

Important Elements of Services for Rapid Prototyping

3D Manufacturing

3D printing is one of the most popular methods for fast prototyping. It entails the layer-by-layer deposition of material from a computer design to produce a tangible item. The versatility of materials, such as metals, ceramics, and plastics, allows for the flexible prototyping of a wide range of items.

CNC Machining: CNC machining is a type of subtractive manufacturing in which a machine tool controlled by a computer removes material from a solid block to mold it into the desired shape. Prototypes may be made with this technique using a variety of materials, including metals and polymers.

Molding by Injection

High-volume prototypes are produced by the rapid prototyping manufacturer using injection molding. The prototype is created by pouring molten material into a mold cavity, where it hardens. Larger production runs result in lower per-unit costs, notwithstanding the greater initial tooling cost.

Advantages of Services for Rapid Prototyping

Accelerated Product Development: From concept to final design, the time it takes to produce a product is greatly decreased by rapid prototyping. Businesses can gain a competitive edge by bringing items to market faster because of this speed.

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trendingreportz · 4 months

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Automotive 3D Printing Market - Forecast(2024 - 2030)

Automotive 3D Printing Market Overview

Automotive 3D Printing Market Report Coverage

The report: “Automotive 3D Printing Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Automotive 3D Printing market

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The exceptional growth prospects of the electric vehicles market is a major growth factor for the 3D printing automotive market owing to its importance in electric vehicles.

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electronicsmanufacturing · 1 year

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Electronics manufacturing trends to pay attention to in years to come

Despite the pandemic-induced economic slowdown, technological advancements played a significant role in the growth of the electronics manufacturing sector. Smarter manufacturing practices have been the biggest driver of this growth. We intend to explore five trendsetting developments in this article today.

Internet of Things The electronics manufacturing industry can leverage the Internet of Things (IoT) for unprecedented growth opportunities. The IoT allows electronic manufacturing units to be digitally connected while storing and processing information without external support. The IoT can improve efficiency, security, cost-effectiveness, and product innovation. Cloud computing, smaller censors, and the growth of the Internet have prompted IoT’s lead in the race of emerging technologies. With everything in place, you can have real-time data at your fingertips to make informed business decisions.

Automation While complete automation in the electronics manufacturing sector is still a distant dream, various automation technologies have made production trouble and error-free. These technological advancements in automation includes smart factories, manufacturing robots, and the smart supply chain management system. These automation systems in conjunction with IoT devices create an efficient manufacturing operation. Innovative supply chain As businesses strive for better products and spend less while doing so, the best way forward is to innovate supply chain management. This trend aims at improving the logistics to revamp the supply chain, which, in turn, can significantly reduce costs in several key areas. This allows electronics manufacturers to be more agile in their operations and thus be more open to fluctuating market demands.

Predictive maintenance Any manufacturing company’s smooth operation is entirely dependent on its types of equipment. Because if they break down the entire operation comes to a halt and so will your revenue generation. However, using AI and IoT data collection, you can accurately identify problem areas before they happen. This helps electronic manufacturers avoid downtime and plan maintenance at a convenient time. Identify a cost-effective manner to conduct repairs and include the same in your budget. A trend like predictive maintenance removes any scope of surprise downtime, thus improving the efficiency of your manufacturing operations.

Organic electronics Organic electronics has become a market rage in recent times owing to its efficiency, low cost, flexibility, lightweight, indissoluble nature, and optical transparency. Additionally, the demand for environmentally friendly production and sustainable development is growing, prompting electronic manufacturers to choose organic electronics. One of the most significant trends in electronics production is the creation of gadgets using biodegradable and recyclable materials or designing circuits with microbial components. The use of organic materials in producing electronic devices also permits the use of safer and readily accessible raw materials. As a result, it gives organizations new business opportunities, while being environmentally responsible.

The electronic manufacturing trends discussed in this article pave a path for smarter, efficient, and cost-effective practices. The use of advanced technology and materials can help you achieve this. Apart from the five trends discussed here, we'd also like to mention printed electronics, Artificial Intelligence, immersive technology, and 3D printing. These evolving technologies only point to a brighter future. For more information on the electronics manufacturing process, get in touch with the experts at Radiant Appliances & Electronics.

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amrutatbrc1 · 2 days

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Extruded Plastics Market : Technology Advancements, Industry Insights, Trends And Forecast 2033

The extruded plastics global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

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The extruded plastics market size is expected to see strong growth in the next few years. It will grow to $315.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to eco-friendly extruded plastics, electric and autonomous vehicles, infrastructure modernization, medical device manufacturing, advanced extrusion processes. Major trends in the forecast period include high-performance extruded plastics, 3d printing with extruded plastics, smart extruded products, co-extrusion technology, foam extrusion.

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chemicalmarketwatch-sp · 4 days

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Maximizing ROI Through Key Trends in the Acrylonitrile Butadiene Styrene (ABS) Market

Acrylonitrile Butadiene Styrene (ABS) is one of the most versatile and widely used thermoplastic polymers globally. Its unique combination of strength, toughness, and heat resistance makes it a go-to material across various industries, including automotive, electronics, and consumer goods. In recent years, the ABS market has undergone significant changes, driven by evolving industry trends, technological advancements, and growing sustainability demands. This blog delves into the current state of the ABS market, highlighting its size, key trends, major players, and future outlook.

ABS Market Size and Growth

The global The global acrylonitrile butadiene styrene (ABS) market size is valued at USD 28.6 billion in 2023 and is projected to reach USD 39.9 billion by 2028, growing at a cagr 6.9% from 2023 to 2028, Asia-Pacific dominates the ABS market, accounting for a significant share of global demand, with China, India, and South Korea being the largest consumers.

The demand for ABS in North America and Europe remains robust, particularly in the automotive and electrical & electronics industries. The rising production of lightweight vehicles and the increasing adoption of electric vehicles (EVs) have further boosted ABS consumption in these regions, as manufacturers prioritize materials that combine durability with reduced weight.

Key Trends in the ABS Market

Sustainability and Recycling InitiativesWith the growing emphasis on environmental sustainability, the ABS industry is focusing on developing greener alternatives and enhancing recycling processes. Several manufacturers are now integrating recycled ABS in their production processes to minimize environmental impact. As regulations around plastic waste management become stricter, companies are investing heavily in circular economy initiatives. This trend is expected to gain momentum, with sustainable ABS products becoming a key differentiator in the market.

Rising Demand in the Automotive SectorThe automotive industry's demand for high-performance, lightweight materials continues to drive the ABS market. ABS is preferred for manufacturing automotive interior components such as dashboards, door panels, and instrument panels, due to its excellent impact resistance and aesthetic appeal. The material's low cost and ability to be molded into complex shapes make it indispensable in this sector. As electric vehicles (EVs) become more prevalent, the demand for ABS is expected to surge, driven by the need for lightweight components to improve vehicle efficiency.

Growth of 3D Printing ApplicationsABS has become a favored material in the 3D printing industry, particularly for producing prototypes, custom parts, and end-use products. Its thermal stability, ease of processing, and availability in a wide range of colors make it suitable for various 3D printing applications. As 3D printing technology continues to evolve, the demand for ABS in this niche is expected to increase, offering new avenues for market growth.

Technological Advancements in ABS ManufacturingInnovations in ABS manufacturing processes are contributing to higher product quality and cost efficiency. For example, the development of advanced compounding technologies allows manufacturers to tailor ABS formulations to specific end-use requirements, enhancing its mechanical properties and thermal stability. Additionally, the adoption of Industry 4.0 practices, such as automation and AI-driven production systems, is helping companies optimize production processes and reduce costs.

Key Players in the ABS Market

Several major players dominate the global Acrylonitrile Butadiene Styrene market, including both established multinational corporations and regional manufacturers. Some of the key ABS companies in the industry include:

LG Chem: One of the largest producers of ABS globally, LG Chem has a strong presence in Asia and is expanding its operations in Europe and North America. The company is known for its high-performance ABS products used in automotive, electronics, and consumer goods applications.

Chi Mei Corporation: A Taiwanese company that is a significant player in the ABS market, known for its high-quality resins and large production capacity. Chi Mei has a diversified product portfolio, catering to various industries such as automotive, construction, and appliances.

SABIC: A global leader in the petrochemical industry, SABIC produces a wide range of ABS grades designed for automotive, electronics, and healthcare applications. The company is at the forefront of sustainability initiatives, focusing on reducing its environmental footprint through innovative manufacturing practices.

INEOS Styrolution: Specializing in styrenics, INEOS Styrolution offers high-performance ABS solutions for industries such as automotive, healthcare, and packaging. The company has a strong focus on innovation, continuously developing new ABS grades to meet evolving customer needs.

The Future Outlook of the ABS Market

Looking ahead, the Acrylonitrile Butadiene Styrene market is poised for steady growth, driven by rising demand from key industries such as automotive, construction, and electronics. The increasing shift towards electric vehicles, combined with the ongoing development of lightweight materials, will likely fuel ABS consumption in the automotive sector. Meanwhile, the push for sustainability and circular economy initiatives will encourage manufacturers to adopt greener production processes, further shaping the market's evolution.

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As technological advancements continue to transform ABS manufacturing, the industry will see more tailored and high-performance ABS products, meeting the specific needs of various applications. Additionally, the growth of emerging markets, particularly in Asia-Pacific, will continue to play a crucial role in driving global demand.

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