Whilst a lot of our focus is on western industry and the rather slow speed of adoption, especially with the bigger players one must not forget the manufacturing powerhouse of Asia. I have lived in Asia for a while now and it is very clear that industry in this part of the world can move very very quickly. China beats to a very different beat than business in the west. I know, i experience it daily. Trying to source information on plans, strategies, statistics for metal AM production in China is very difficult to say the least. Information you will find through the likes of google is inadequate and sparse, beyond generic articles.
But let me tell you, and Kanya i am sure you will back this up through your experience in the region, China is a monster in manufacturing and they are looking at AM in a big big way. It is a threat to their business model and they are not sitting around idly letting it happen. A quote i came across today said "In doing so, additive manufacturing is now considered one of the biggest areas of market growth within China, in decades". That is a big, big statement.
The likes of GE are big big companies, but there will be many huge AM factory floors being built in China as we speak that will match many of those 'expected to be built' in the US, and i guarantee you they will be built faster. These will be companies you have never heard of, cannot research and little understand.
Our sales channel in China is solid. Their client list is mainly to large state-owned enterprise, military industry, and the global top 500 enterprise in China according to Solidworks one of their major partners. Other partners include Renishaw, Arcam, Dassault, Markforged and others.
My point is, do not underestimate how fast, how aggressive and how big China's AM push will be. Whether Printrite3D will be included is another matter, but with our technology allowing great increases in cost and time i certainly wouldn't bet against it. Any factory setting up an AM manufacturing plant with an eye on mass production will have to look at IPQA... as John rice says, to get the needed yield, IPQA will be unavoidable.
Comac, the Chinese aerospace pride and joy will have to look at this technology if it wants to compete with Boeing and Airbus....and their supply chain will have to follow... but really that's just the tip of the iceberg in China manufacturing. It's bigger than you will ever realize.
My point here is not saying PR3D will be involved in everything blah blah blah... but to point out that this is all happening and it will create a huge opportunity that will present itself very fast, and very much out of the blue as far as our research is concerned. One thing i can bet you is you will not know the names of the companies first to pull the trigger and you may well be surprised how much money they throw at it down the line.
AI
