3D Printing News

Recent industry report about 3D Printing company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ 3D Printing Market industry experts.

3D Printing News

  • October 2022: PostProcess Technologies and EOS have launched a distribution relationship to provide EOS clients with a fully automated and sustainable depowering solution. According to PostProcess, the Variable Acoustic Displacement (VAD) technology solution will complement the EOS printer product line and automate gross depowering for 3D printed parts. The partnership makes it easier for consumers to obtain post-printing solutions, allowing for complete process digitization.
  • August 2022: India's central government's Department of Empowerment of Persons with Disabilities (DEPWD) is preparing to introduce 3D printing technology to gradually replace manual customization of devices, which is currently the norm, to improve quality of life and bring more precision to assistive devices such as artificial limbs and spinal braces to enhance mobility of persons with locomotor disabilities. Delhi-based Pt Deendayal Upadhyaya National Institute for Persons with Physical Disabilities (PDUNIPPD) has successfully tested the technology.
  • February 2022: The government of India announced a national strategy for 3D printing to encourage collaboration between academia, government, and industry to make India a global hub for designing, developing, and deploying 3D printing.
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  • October 2024: Panasonic Corporation has chosen to invest in FastLabel Inc., an AI data platform developer. This investment comes via the Panasonic Kurashi Visionary Fund, a corporate venture capital fund co-managed by Panasonic and SBI Investment Co., Ltd. FastLabel stands out for its rapid and precise annotation services, bolstered by proprietary platforms tailored for the Japanese language. Beyond annotation, FastLabel's offerings encompass data management and machine learning operations (MLOps), catering to the holistic development of in-house AI models.
  • April 2024: Sapien AI Corp., a prominent player in the data labeling arena, secured USD 5 million in seed funding, aiming to bolster its offerings in high-quality annotation and labeling for AI model training. This funding will enable the team to grow, enhance the frontend labeling infrastructure, and deliver superior quality data to an expanding roster of enterprise clients.
  • June 2024: MapmyIndia unveiled ClarityX, a new venture focused on delivering tailored, customer-centric AI-driven data analytics and consulting services to enterprise clients. With the introduction of ClarityX, MapmyIndia aims to broaden its enterprise offerings and tap into a larger addressable market. ClarityX equips enterprises with AI-driven insights derived from both static and real-time data, facilitating swift strategic decisions and propelling digital transformation.
  • February 2024: Oliver Wyman has announced its advisory role to Saudi Aramco in establishing a Big Data and AI unit. This new unit is set to harness advanced data analytics, aiming to bolster decision-making and profitability for the oil behemoth. Oliver Wyman highlighted that by utilizing advanced units like Global Optimizer, Saudi Aramco could potentially realize an added value of up to USD 2 per barrel of oil, before accounting for interest and taxes.
  • October 2024: Aptos Labs, a blockchain technology company, acquired HashPalette Inc., the developer of Palette Chain, marking its entry into the Japanese blockchain market. This acquisition aligns with Aptos Labs' strategy to expand its global operations and utilize HashPalette's expertise in blockchain-based digital content platforms.
  • May 2024: Ripple, a blockchain-based payment solution, acquired Metaco, a Swiss-based crypto custody provider, for $250 million. This strategic move aims to enhance Ripple's enterprise offerings by integrating secure custody solutions, expanding its presence in the institutional cryptocurrency market.
  • September 2024: Schneider Electric, a frontrunner in the digital transformation of energy management and automation unveiled its AI-driven feature on the Wiser Home app. Schneider Electric remains at the forefront of smart home energy management, offering innovative solutions tailored for homeowners, homebuilders, and electrical installers.
  • September 2024: Eaton, a leader in intelligent power management unveiled its AbleEdge home energy management system. This system offers homeowners and installers a comprehensive, easily installed, and fully integrated solution, streamlining the transition to safer energy practices. With its advanced smart breakers, microgrid interconnect device, and smart panels, Eaton's suite of home energy management solutions enhances flexibility and energy resilience, catering to both retrofit and new construction projects.
  • December 2023: Honeywell and Enterprise Mobility Management (EMM) provider SOTI has achieved a significant milestone, remotely managing over one million devices worldwide. In collaboration with SOTI's mobility management solutions, Honeywell's mobile computers empower businesses to extend their hardware's lifecycles. This is achieved through remote monitoring, diagnosis, and repair. SOTI's ONE Platform ensures the protection of corporate data on mobile devices. It bolsters data security, streamlines software installations, and seamlessly integrates with enterprise IT systems.
  • June 2023: ZTE Corporation, a global provider of information and communication technology solutions, and the multinational internet service provider company MyRepublic jointly released Indonesia's first FTTR solution on May 30 at ZTE Day 2023. The solution comprises the FTTR master gateway G8605, the industry's first gateway supporting XGS-PON and 2.5G, along with the slave gateway G1611. With data rates of 2,000 Mbit/s and the ability to seamlessly upgrade home network devices, this solution simultaneously meets the requirements for Internet access, VoIP, and IPTV services.
  • September 2024: Ericsson unveiled two advanced routers—the Cradlepoint R980 and S400. These routers aim to empower enterprises with smooth, secure, and scalable connectivity, facilitating advanced applications like AI, computer vision, and data analysis in IoT settings and vehicle networks. By integrating with Ericsson’s NetCloud platform, which features NetCloud SASE Secure Connect, these routers ensure easy deployment, efficient management, and strong zero-trust security for extensive IoT and vehicle endpoints.
  • September 2024: Global technology leader, Zoho Corporation unveiled 'Zoho IoT', a versatile low-code platform tailored for businesses to craft and implement bespoke IoT (Internet of Things) solutions. With Zoho IoT, companies gain intelligent insights and enhanced operational analysis, due to the platform's ability to seamlessly collect and manage IoT device data in real-time.
  • August 2024: Tencent Cloud announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialising in building digital infrastructure, leveraging Tencent Cloud's advanced Cloud Dedicated Zone (CDZ) solution.
  • July 2024: Oracle unveiled its second cloud region in Singapore, aimed at providing AI capabilities and over 100 cloud services to local businesses and organizations. This new cloud region will also collaborate with FastConnect partners such as Console Connect, Digital Realty, Equinix, and Megaport.
  • May 2024: Microsoft unveiled plans to invest USD 2.2 billion over the next four years, underscoring its commitment to Malaysia's digital transformation. This substantial investment positions Malaysia as a focal point for Microsoft's cloud computing initiatives and advanced technologies, notably generative AI. The investment focuses on digital infrastructure and emphasizes skill development, empowering Malaysian businesses, communities, and developers to harness advanced technologies.
  • August 2024: The H-65 Conversion/Sustainment Program celebrated a significant achievement by dispatching the 90th and final MH-65E to the Aviation Training Center (ATC) in Mobile, Alabama. The decade-long transition from the MH-65D to the MH-65E, known as the “Delta” and “Echo” configurations, has now reached its culmination. The avionics upgrade in the MH-65E boosts search and rescue capabilities, featuring a modern “glass cockpit” that enhances situational awareness for pilots and aircrew, aligning it with the service’s MH-60T Jayhawk fleet.
  • March 2024: Bell Textron's BasiX-Pro Glass Retrofit Kit has secured certification from the US Federal Aviation Administration (FAA) for installation in Bell 412EP models. The Bell BasiX-Pro Glass Cockpit Retrofit Kit modernizes the Bell 412EP by replacing its analog instruments with advanced displays sourced from Astronautics and Garmin avionics, both of which are currently in production by Bell. This retrofit boasts cutting-edge technology and instrumentation, aligning it with the latest Subaru Bell 412EPX and Bell 429 aircraft standards.
  • October 2024: Pos Indonesia, the country’s state-owned postal service, has taken a bold step into the digital age by introducing its first-ever postage stamps with non-fungible token (NFT) counterparts. This innovative initiative was announced on their official Instagram account, showcasing a unique stamp featuring the 'Cenderawasih,' or bird of paradise.
  • May 2023: The Sandbox has partnered with Affyn, a Singapore-based Web3 startup creating games and metaverses with built-in augmented reality and geolocation features. Together, these two organizations will improve the interoperable metaverse experiences and create a groundbreaking, community-focused interoperable and open metaverse that will bring together the world's creators and collaborators to build long-term ecosystems that merge the virtual and real worlds.
  • October 2024: Wabtec inked a letter of intent with Siemens Mobility, marking a significant step in enhancing passenger information systems for Munich's S-Bahn trains. This multi-million-euro deal ensures that Siemens' latest trains are equipped with advanced systems, promising a more intuitive experience for passengers. These cutting-edge systems are designed to deliver comprehensive, real-time information, elevating the overall passenger experience.
  • June 2024: ADLINK Technology Inc. unveiled its latest innovations: the AVA-7200 edge AI server, the AVA-1000 train-to-ground gateway, and the Passenger Information Display System (PIDS). These state-of-the-art solutions underscore ADLINK's dedication to pioneering advancements in railway technology and transforming global railway operations. Leveraging our proven expertise in both onboard and wayside applications, ADLINK's new offerings cater to the multifaceted demands of the railway sector. Whether it's ensuring real-time obstacle detection or delivering passenger information seamlessly, these systems aim to enhance safety, boost efficiency, and elevate the passenger experience throughout railway operations.

3D Printing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)