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Re: BiotechValues post# 1292

Thursday, 06/26/2014 5:39:47 PM

Thursday, June 26, 2014 5:39:47 PM

Post# of 6624
I will say this is the reason I am here with Arcam..........I can see 3D easily being at LEAST 10% of Manufacturing.

full article
http://www.fool.com/investing/general/2014/06/25/100-billion-1-trillion-just-how-big-is-the-potenti.aspx?source=itxsitmot0000001&lidx=2

excerpt

I'm not suggesting 3-D printing will ever be used for the bulk of manufacturing applications, as traditional "subtractive" manufacturing is extremely well suited for many, even most, applications. However, as we see more significant advances in 3-D printing -- namely, in speed, build-box size, and materials capable of being printed -- we should see a gradual increase in 3-D printing chipping away at conventional manufacturing's domain. The beauty of the 3-D printing story is that the technology only needs to displace a small percentage of conventional manufacturing to be massively successful.

The global manufacturing sector contributed $10.1 trillion to the world's GDP in 2010, according to consulting behemoth McKinsey. Here's how huge the 3-D printing market would be based upon what percentage of global manufacturing it displaces:
• 1% -- about $100 billion (plus revenue from prototyping)
• 5% -- about $500 billion-plus
•10% -- about $1 trillion-plus
•20% -- about $2 trillion-plus
•30% -- about $3 trillion-plus

Wohlers' estimated that the global 3-D printing market was worth $3.1 billion in 2013. So, even if this technology snatches away only 1% of the world's total manufacturing dollars, it will be a $100 billion-plus market – or about 33 times as large as it is today! (This calculation doesn't account for growth in the manufacturing sector, so we're talking in today's dollars.) It seems to me that 3-D printing could eventually realistically account for at least 5% or 10% of total manufacturing -- this type of growth would be in the astounding range of about 16,000% to 33,000%!

I went as high as 30% because Wilfried Vancraen, CEO of Belgium-based Materialise -- which went public today -- has been quoted as saying that 3-D printing could eventually represent up to 30% of the manufacturing sector.
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