Market Challenges And Opportunities

Slow speeds in relation to the conventional methods of manufacturing and high initial capital are expected to hamper the overall industry growth

For instance, conventional injection molding can be used to produce thousands of objects within an hour. However, the additive manufacturing technology utilizes layer by layer integration of materials, which limits its application for mass production. Additionally, the initial cost of the technology for high precision applications, lack of skilled workforce, and additional expenses on training and expertise will hinder the adoption rate of the technology.