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Crystal-balling 3D printing for 2019 and beyond
Published Wed, Jan 2, 2019 · 09:50 PM
"WHEN the going gets tough, the tough get going" aptly describes the manufacturing sector within the Asia-Pacific region over the past year and even through this year.
The manufacturing industry achieved steady growth within the Asean region, especially during the first half of last year. The market for additive manufacturing (AM), also known as industrial 3D printing, is set to grow at a compound annual growth rate (CAGR) of around 27 per cent between 2018 and 2023, to US$5.66 billion.
In fact, AM in the Asia-Pacific is expected to have the highest CAGR due to the region's fastest rate of growth for automotive and printed electronics sectors. This offers more opportunities for AM adoption.
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