Made in Canada—Additive Manufacturing forges ahead despite headwinds: new report Published: April 29th, 2021 By: ICTC
Ottawa, April 27, 2021—Canada’s diverse Additive Manufacturing (AM) ecosystem boasts several world-renowned firms adopting the technology, and notable success in niche areas such as metal powder feedstock, metal AM research, and applications in aerospace and health sciences. But Canadian AM also faces challenges such as slow industry adoption, partially due to cost and uncertain return on investment.
AM is poised to impact global manufacturing paradigms. Decades of technological advancement have led to a proliferation of new AM use cases. The global AM ecosystem is currently growing at 24% a year and is expected to reach US $35.0 billion by 2024.