A funny thing happened on the way to writing this blog—Additive Manufacturing (AM) has grown up. Now, some may rightly say that AM has been around for decades. And it has. But there can be little doubt that the reach and scope of AM, or 3D printing, now touches virtually every aspect of industrial and, indeed, human activity. Certainly, Deloitte’s 3D Opportunity collection of thought leadership bears this out in the vast scope and depth of its coverage. And, of course, one can also point to any number of widely available metrics that makes clear AM’s remarkable strides—from number of patents to AM system revenues to how common the term “additive manufacturing” now appears in Google searches compared to just a few years ago.
A recently published Deloitte report titled “Matching strengths: A new wave of corporate alliances may be on the horizon,” highlights how business uncertainties stemming from globalization, changing demand patterns, and technological developments seems to have led to increased mergers and acquisitions (M&A) activity in the US in the past three years.1 These trends have touched the additive manufacturing (AM) sector—an area we’ve covered in depth over the years. M&A deals in AM are increasing in size and pace, particularly in the US, where many non-traditional 3D companies have entered the market.
American public perception of manufacturing, and where Americans see the manufacturing sector is headed, is optimistic. That’s according to a recent study conducted by Deloitte, the National Association of Manufacturers, and The Manufacturing Institute.1
The manufacturing industry is changing rapidly, as the convergence of the physical and digital worlds propel an exciting evolution. 3D printing (or additive manufacturing) offers bold, flexible new ways to create sophisticated goods. Products with built-in sensors linked to the Internet of Things offer long-term insight into product performance and opportunities to reinvent customer relationships. And artificial intelligence and machine learning are shifting some of the more repetitive tasks to computers, informing better decision making by human workers and freeing up time for more creative work.
Manufacturing DaySM, an annual celebration of modern manufacturing designed to link manufacturers, students, educators, and their communities, awaits just around the corner on October 6. In recognition of this ambitious event that’s grown by 1000 percent since its introduction in 2012, let’s take a closer look at a recent study by Deloitte, The National Association of Manufacturers, and The Manufacturing Institute1 on the perception of manufacturing.
For many brands, from apparel to automakers, “Made in the USA” has long been a source of pride and differentiation. Americans continue to hold the US manufacturing industry in high regard. In fact, according to a study by Deloitte, The National Association of Manufacturers, and The Manufacturing Institute, manufacturing is viewed as very important to America’s economic prosperity (83 percent), standard of living (81 percent), and national security (62 percent).1