Last year, in a demonstration of the capabilities of 3D printing, astronauts on the International Space Station deployed a 3D–printed satellite. Inspired …
Wiseguyreports.Com Adds “Aerospace 3D Printing (Additive Manufacturing) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player …
The April 13th Wall Street Journal front page article indicates that GE is analyzing hybrid transactions whereby it could be left with investments in multiple companies acquiring various GE business lines. It is well recognized that GE has made substantial investments in 3D printing in recent years approximating $2 billion after former CEO Jeff Immelt decided to go all in for 3D printing. Even after Immelt’s departure, his legacy can still be seen recently with GE boosting their stake in Arcam at the beginning of 2018.
The resulting impact on the 3D printing industry could be enormous since it is highly unusual for the fruits of a $2 billion technology investment to potentially become available to a new group of industrial companies. Since the businesses being sold are in many cases turnaround situations, it is in the best interest of both the purchaser and the seller to optimize the benefits of all transferred assets. The 3D printer industry can help itself by having its marketing resources provide comprehensive guidance to the buyers on how to optimize new and improving 3D printing technologies specific to their business.
In previous articles, we have covered the use of 3D printing for some of the products related to GE’s major business lines.
Integrating GE’s 3D printer technology and expertise with a new industrial business is going to present R&D tax credit opportunities for new and improved products and processes.
The Research & Development Tax Credit
Enacted in 1981, the now permanent Federal Research and Development (R&D) Tax Credit allows a credit that typically ranges from 4%-7% of eligible spending for new and improved products and processes. Qualified research must meet the following four criteria:
- Must be technological in nature
- Must be a component of the taxpayer’s business
- Must represent R&D in the experimental sense and generally includes all such costs related to the development or improvement of a product or process
- Must eliminate uncertainty through a process of experimentation that considers one or more alternatives
Since GE acquired a majority stake in Concept Laser GmbH in late 2016, the company has been expanding rapidly. Before the start of 2018, Concept Laser announced that they would be opening new offices that total over 130,000 square feet and that they would be open and operational sometime in 2019. The company announced that they plan to deliver 10,000 additive manufacturing machines from 2016-2026. Concept Laser has been at the forefront of development and innovation in the additive manufacturing space with patented technologies like LaserCUSING. LaserCUSING (CUSING is derived from the C in concept and the word Fusing) uses a high-precision laser to melt the metal filaments to create a product of the users’ choosing. Technologies like LaserCUSING and others allow Concept Laser to develop products for the dental, automotive, aerospace, medical, jewelry industries and more.
Acquisitions of innovative companies only create value for the parent company if they can harness their capabilities properly. As a multinational conglomerate, GE tries to create synergies among their subsidiaries and use each individual company to help one another grow. For example, Baker Hughes is the world’s largest oil field services company and in their 2017 10-k annual report, they disclosed the following: “…we and GE currently collaborate as per terms of the Channel Agreement (e.g. additive manufacturing; digital).” This small quote highlights just how committed GE is to additive manufacturing and its uses throughout various industries.
While shared data and other synergies would help one of these companies grow and expand their capabilities, a prospective purchaser of one of these companies would have to be very careful in negotiation and take factors like proprietary software, confidential data, IoT and patented technologies into consideration.
Dr. Louis Pasteur taught us the adage “Fortune Favors the Prepared Mind.” Hopefully the 3D printing industry is preparing for what should be a major 3D printing expansion opportunity.
Discuss this and other 3D printing topics at 3DPrintBoard.com or share your thoughts below.
Charles Goulding and Ian Brown of R&D Tax Savers discuss the GE restructuring.
Next week I will be reporting live for 3D Printing Industry from RAPID + TCT 2018 in Fort Worth, Texas. For any visitors and exhibitors at the Fort Worth Convention Center, please say hello if you see me. You can also catch me over on Twitter where I will be sharing all the latest news from the exhibition floor.
More than 6,000 attendees are expected at this year’s event covering the length and breadth of the 3D printing industry with over 300 exhibitors and 150+ presentations.
In preparation for the slew of announcements to come next week, we have a preview of upcoming announcements in materials, hardware, software and services.
Lockheed Martin Skunk Works, Mayo Clinic and Wohlers Associates top the bill for keynotes
Keynote speeches this year include:
April 24th – Tomorrow’s Additive Manufacturing: An Aerospace & Defense OEM Perspective by Michael D. Packer, Director of Manufacturing, Advanced Production Programs at Lockheed Martin Aeronautics’ Skunk Works®.
April 25th – Rise of Point-of-Care Manufacturing: Impacting More Patients with 3D Printing by Amy Alexander, Biomedical Engineer at the Anatomic Modeling Lab of the Mayo Clinic and Jonathan Morris, the lab’s co-director.
April 26th – Printing the Future, by Terry Wohlers, Principal Consultant and President at Wohlers Associates, Inc., and principal author of the annual Wohlers Report.
#3DTalk to dispel the myths of additive manufacturing
In the the Keynote Theater at 1.30pm on Tuesday 24th April 2018, Women in 3D Printing and Cyant will be presenting a lively #3DTalk session to dispel the most common misconceptions in additive manufacturing.
Speaking on the panel, hosted by Cyant founder and CEO Barbara Hanna, will be:
– Stacey DelVecchio, Additive Manufacturing Product Manager at Caterpillar Inc.
– Dr. Amy Elliott, Manufacturing Demonstration Facility (MDF) at Oak Ridge National Laboratory (ORNL).
– Jennifer Fielding, PhD, Technical Advisor for Propulsion, Structures, and Manufacturing Enterprise Branch at the Air Force Research Laboratory (AFRL).
– Miheala Vlasea, PhD, Assistant Professor at the University of Waterloo, Canada.
A separate Women in 3D Printing event will take place on May 1st in London at Here East, more information is available here.
Tiertime and MachineWorks releases
3D printing solutions provider Tiertime, headquartered in Beijing, will be announcing three new 3D printers at RAPID + TCT 2018: the UP mini 2 ES, UP300 and X5 machines.
The UP mini 2 ES updates the company’s existing UP mini 2 FFF 3D printer with four new features aimed at ease-of-use, reliability and budget.
UP300 is a larger FFF 3D printer with interchangeable extrudes each suited to a different material class: one for ABS, one for PLA, and one for TPU.
And the X5, dubbed “the crowning achievement for Tiertime in 2018” is the company’s industrial FFF release for continuous 3D printing. Joseph Guo, International Sales and Marketing Director at Tiertime Corporation comments,
“Years ago we recognized the value of inexpensive 3D printing in a low-volume manufacturing environment. The X5 was designed from the ground up with this in mind,”
“The machine fully realizes the potential of the Tiertime Print Queue and is intended to be a workhorse, grinding out print jobs one after another with as little hassle as possible.”
MachineWorks will be displaying “a sneaky preview” of its upcoming Polygonica software release, with improvements to simplification performance, shrink-wrapping technology and automatic handling of laser scan-data and handling point clouds.
Materials and powder handling upgrades
Powder handling specialist Volkmann is introducing the PowTReX additive manufacturing handling system. “Operating at throughputs of above 1100 lbs/hr for stainless steel, and above 660 lbs/hr for aluminum powder,” the company states, “PowTReX keeps the additive manufacturing operation running at peak efficiency.”
Industrial gas provider Linde LLC is showcasing three new technologies to improve the quality of metal additive manufacturing. The new products cover atmospheric gas management on Incoming Quality, 3D Process Quality and Finish Quality streams of powder-based processes.
Adaptive3D Technologies, a Dallas-native resin supplier, is presenting “the world’s highest-strain 3D-printable photopolymer” at RAPID + TCT. According to Kial Gramley, VP of Sales & Marketing at Adaptive3D, “We believe that material performance is the key that is going to unlock the true potential of Additive Manufacturing,”
“We focus on tough materials that combine strength with high elongation and, as a material supplier, we do not lock our customers into any platform like most companies in this space; we just compete on performance.”
Vote now in 2018 3D Printing Industry Awards ahead of the annual dinner in May.
Featured image shows The RAPID + TCT 2017 exhibition floor. Photo by Equispheres Inc.
Global Consumer 3D Printing Market 2018 research report added by OrianResearch.com to its vast repository provides important statistics and analytical data to give a complete understanding of the market.
– Agency -.
The Global Consumer 3D Printing Market 2018 Research Report provide the details about Industry Overview and analysis about Manufacturing Cost Structure, Revenue, Gross Margin, Consumption Value and Sale Price, Major Manufacturers, Distributors, Industry Chain Structure, New Project SWOT Analysis with Development Trends and Forecasts 2025.
Top Key Companies Analyzed in Global Consumer 3D Printing Market are –
- Arcam AB
- Beijing Tiertime Technology
- Biomedical Modeling Inc
- Concept Laser GmbH
- EOS GmbH Electro Optical Systems
- ExOne GmbH
Complete report Consumer 3D Printing Industry spreads across 101 pages profiling 10 companies and supported with tables and figures, Enquire more at www.orianresearch.com/enquiry/455986 .
The Consumer 3D Printing Market report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.
– Agency -.
The Consumer 3D Printing industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
Firstly, this report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers.
Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Consumer 3D Printing, revenue and market share, for key manufacturers.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Third by regions, this report focuses on the sales (consumption), production, import and export of Consumer 3D Printing in North America, Japan, Europe, India, Southeast Asia and China.
Finally by applications, this report focuses on consumption and growth rate of Consumer 3D Printing in major applications.
The Global Consumer 3D Printing Industry focus on Global major leading industry players, providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis are also carried out.
Report: www.orianresearch.com/checkout/455986 .
Major Points from Table of Contents
1 Consumer 3D Printing Market Overview
2 Global Consumer 3D Printing Market Competition by Manufacturers
3 Global Consumer 3D Printing Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Consumer 3D Printing Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Consumer 3D Printing Production, Revenue (Value), Price Trend by Type
6 Global Consumer 3D Printing Market Analysis by Application
7 Global Consumer 3D Printing Manufacturers Profiles/Analysis
8 Consumer 3D Printing Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Consumer 3D Printing Market Forecast (2017-2022)
13 Research Findings and Conclusion
List of Tables and Figures
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