Saturday, September 14, 2024

Expanding range for 3D printing predicted


A new report, 3D Printing and Additive Manufacturing 2024-2034: Technology and Market Outlook, examines the likely impact of automation on additive manufacturing over the next decade.

The report, by specialist researcher on emerging markets, IDTechEx states that new, complex, and optimised structures could possibly be manufactured as the industry finds new ways to use materials and hardware to address customers' needs.

“Materials innovation is opening opportunities for newer applications, so the additive manufacturing market is by no means done growing yet,” it says.

“Improving on established technologies and innovating new printing hardware allows start-ups to take a shot at entering the market.

“New methods include the extrusion of thermosets using gel beds as a support for the print, developed by Rapid Liquid Print, while another company, 3Deus Dynamics, has created a new method for the extrusion of soft materials into a powder bed.”

IDTechEx says binder jetting as a technology is also gaining traction, which is very beneficial for metal powder providers.

“Due to the high throughput of binder jetting, higher material utilisation can be realised, leading to higher sales and lots of opportunities for these companies,” the report says.

“Artificial intelligence has an increasing role to play in detecting early errors in the printing process and defects after printing, and being able to correct them, changing the 3D model if necessary to prevent reoccurring errors.

“Additionally, AI can assist with the creation and development of more complex structures, and with the accompaniment of robots, the amount of labour required for additive manufacturing processes can be reduced,” the report concludes.

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Anteriad reveals B2B trends in Asia-Pacific

Marketing researcher, Anteriad, in collaboration with Ascend2, has released its 2024 B2B Marketing Outlook for APAC: The Data Confidence Divide.

The report provides insights into the priorities and performance of Asia-Pacific business-t0-business (B2B) marketers as well as marketers in North America and Europe.

However, it concentrates on trends unique to the Asia-Pacific (APAC) region.

“The study found that APAC marketers are a cautious group. They lag behind their European peers in their expectations of growth in 2024 but are ahead of the US, with 38 per cent expecting a significant increase in revenue in 2024,” Anteriad said.  

It said 31 per cent of APAC B2B marketers expected a significant increase in their marketing budgets, compared to only 16 per cent of global B2B marketers in 2023.

Other findings from the report:

Fifty-five per cent of B2B marketers are working on expanding their audience to new demographics and market segments in 2024. 

Sixty per cent of APAC marketers feel that generative AI can have a positive impact on innovation and consistency. 

Forty-two per cent of APAC marketers are using four or more different channels in a typical marketing campaign.

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OTC now dealing in overnight trades

New York-based trader OTC Markets Group Inc. has announced the official launch of OTC Overnight — a select group of active securities now available for trading Sunday through Thursday between 8pm and 4am Eastern Time.

The company first announced OTC Overnight in May, noting proposed market hours and the type of securities to be eligible at launch.

Executive Vice President of Market Data at OTC Markets Group, Matt Fuchs said OTC Overnight would provide a transparent, competitive, and cost-effective market to support the growing needs of investors, broker-dealers, and issuers.

“It is an important step in furthering our company’s mission to create better-informed and more efficient markets,” Mr Fuchs said.

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Award recognition for Deriv on 25th anniversary

Online trading company, Deriv has been named for Best Customer Service at the Global Forex Awards, coinciding with its 25th year of operations.

Joint Chief Executive, Rakshit Choudhary said the award recognised the company’s unwavering dedication to providing clients with a seamless and supportive experience.

“The company’s success over a quarter of a century has been built on a foundation of client-centricity. Deriv offers exclusive educational resources, competitive trading conditions, user-friendly platforms, and innovative products,” Mr Choudhary said.

“This recognition inspires us to continue pushing boundaries, setting new industry standards, and prioritising customer satisfaction in everything we do.”

An occasional round-up of international business stories

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