Report: 3D Printing Offers Opportunities for Metals Industry
3D printing and additive manufacturing (AM) have the potential to disrupt parts of the metals supply chain in the coming decades, according to a report commissioned by the Metals Service Center Institute (MSCI). The global 3D-AM industry was worth $4 billion in 2014, according to research, which projects compound annual growth rates ranging from 18% to 34% by 2020.
One 3D equipment manufacturer surveyed 700 product designers, engineers and business executives. Metal was the top item 84% of respondents wanted to see addressed further by AM.