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Monday, January 01, 2018 9:27:42 PM
“We_are_very_bullish_on_the_growth_of_additive,” (GE Additive Vice President and General Manager) Ehteshami said mildly.
A follow-up on an article from mid-December.
3D Printing Business: Inside GE Additive - Dec 12, 2017
As the 3D printing industry continues to globalize, I asked Ehteshami for his views on certain aspects of growth. Much of the growth currently taking place in additive manufacturing was best illustrated at this year’s formnext in Frankfurt, where many industry participants noted an increase in professional focus as more than 21,000 visitors attended the largest-ever event dedicated to 3D printing.
“This year’s formnext was incredible, with growth, with energy… The size of formnext this year showed that there are a lot of companies pushing for more durable materials, faster machcines, lower cost of operation, lower cost per pound of material… From last year to this year, additive grew $2.5 billion worldwide; the industry is growing at a 25-30% CAGR,” Ehteshami said.
He turned to GE’s participation and views on growth, noting, “We closed on Concept Laser and Arcam almost exactly one year ago — and our entrance was noticed. A lot of people took that as a turning point. If you convert 0.5% of overall manufacturing — and of that, who takes how much? Who knows — this industry will have a major impact. We now play in three modalities and we plan to play in more, as it makes sense.”
Aerospace, again, will play a major role in future technology decisions GE makes. With applications in jet engines and rising demand across aviation, along with partners seeking certification, this vertical is effectively “always the first one” to see new developments.
“We are very bullish on the growth of additive,” Ehteshami said mildly.
Left: a traditionally manufactured component made in 305 parts; right, the same component redesigned and produced via additive manufacturing in 1 part
Mohammad Ehteshami in front of a room housing Arcam and Concept Laser equipment
A follow-up on an article from mid-December.
3D Printing Business: Inside GE Additive - Dec 12, 2017
As the 3D printing industry continues to globalize, I asked Ehteshami for his views on certain aspects of growth. Much of the growth currently taking place in additive manufacturing was best illustrated at this year’s formnext in Frankfurt, where many industry participants noted an increase in professional focus as more than 21,000 visitors attended the largest-ever event dedicated to 3D printing.
“This year’s formnext was incredible, with growth, with energy… The size of formnext this year showed that there are a lot of companies pushing for more durable materials, faster machcines, lower cost of operation, lower cost per pound of material… From last year to this year, additive grew $2.5 billion worldwide; the industry is growing at a 25-30% CAGR,” Ehteshami said.
He turned to GE’s participation and views on growth, noting, “We closed on Concept Laser and Arcam almost exactly one year ago — and our entrance was noticed. A lot of people took that as a turning point. If you convert 0.5% of overall manufacturing — and of that, who takes how much? Who knows — this industry will have a major impact. We now play in three modalities and we plan to play in more, as it makes sense.”
Aerospace, again, will play a major role in future technology decisions GE makes. With applications in jet engines and rising demand across aviation, along with partners seeking certification, this vertical is effectively “always the first one” to see new developments.
“We are very bullish on the growth of additive,” Ehteshami said mildly.
Left: a traditionally manufactured component made in 305 parts; right, the same component redesigned and produced via additive manufacturing in 1 part
Mohammad Ehteshami in front of a room housing Arcam and Concept Laser equipment
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