I suspect the market for" experimental "EBM machines is getting close to saturation.
This would include machines for universities and research centers and machines bought by customers just trying out the process. Present machines are finicky , taking 6 to 12 months to produce a functional part meeting specs. And it may not be reproducible. IOW from what I read there is still a great deal of "art" involved.
Which is why Arcam is working hard on "commercialization" of machines, making them reliable and not requiring constant fiddling to work.
If this this thesis is correct there may be a lag in sales until EBM becomes more commercially useful. This does not change my long term outlook. Full utilization will also require a younger generation of designers and engineers because almost all of the older ones have a subtractive mindset.
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