Skip to main content

Asia’s embrace of 3D Printing

Japan and China are emerging as the leading Asian countries for 3D printing adoption, thanks to government initiatives and rapid growth in industrial demand. Can these countries outstrip the West in integrating 3D printing into supply chains? In an article inspired by the SpirE-Journal, Spire shared its views on the challenges and opportunities in Asia’s 3D printing industry.

In comparison to the 3D printing market in Europe and the US, Asia’s growth is sluggish. However, the Asia-Pacific region – especially Japan and China- is now 3D printing-ready, thanks to its extensive industrial base, government funding and a supportive research and development (R&D) eco-system.
The Japanese Economy, Trade and Industry Ministry (METI) has set aside USD44 million in the 2014 budget to support R&D initiatives for metal products manufacture through 3D printing. This demonstrates its seriousness in promoting Japanese leadership in 3D printing.

On the other hand, China’s Ministry of Industry and Information Technology provided USD32 million worth of funds to 10 research centers to promote 3D printing in 2012. The formation of the China 3D Printing Technology Industry Alliance in December 2013 demonstrated China’s commitment to this sector.

3D printing still faces challenges, however. Legal issues could emerge because current copyright laws – which apply to 3D designs and software – are yet to be defined. 3D printing object designs are very susceptible to counterfeiting. Moreover, there is concern in some quarters that 3D printing may result in job losses across industries – particularly in the prototyping industry.

3D printing is undoubtedly heralding a new era in the history of manufacturing. But Asian countries still have some way to go in grasping this opportunity and avoiding being left in the dust by the US and Europe.

Comments

Popular posts from this blog

Egyptian-Israeli gas deal to boost bilateral trade

A USD15 billion deal has been announced between Israel and Egypt to export natural gas. Israel’s Delek Group has signed an agreement to supply 64 billion cubic meters of gas in a span of ten years to Egypt’s Dolphinus Holdings. The deal is considered a milestone ever since the 1979 peace accord, bringing Egypt a step closer to becoming a regional energy hub. However, the transportation of natural gas from Israel to Egypt is a challenge given the security risks. Will the Egypt-Israel gas export deal usher in a relationship of bonhomie and economic co-operation? Read more here:  https://www.spireresearch.com/newsroom/spirethoughts/egyptian-israeli-gas-deal-to-boost-bilateral-trade/

Pokémon Go – A game changer for marketers?

Have you caught your Pokémon yet? Pokémon Go – the mobile application-based game – is immensely popular. The game uniquely uses Augmented Reality technology. It has succeeded in growing its user base beyond just fans of the Pokémon comic. With the ability to drive foot traffic to stores, the app has created a new and potentially powerful platform for companies . Clocking in 7.5 million downloads since its debut in the U.S. on July 2016 , is the app a marketer’s boon – or is it destined to become just another “has-been” fad? What is Pokémon Go? Taking gamification to the next level, Pokémon Go is a gaming application based on the concept of augmented reality (AR) to deliver a real-life Pokémon experience. Released in July 2016, the game was developed by Niantic Labs and published by the “father” of Pokémon, Japanese company Nintendo. Using Augmented Reality technology similar to Google Maps, players need to find Pokémon characters at random physical locations and captur...

India’s ‘hairy’ exports for Africa

Renowned for its beauty, texture and strength, the Indian hair export market is worth about USD393.5 million. With rising demand in the African subcontinent for extensions and wigs, Indian companies are now keen to invest into the hair business more than ever. The recent announcement of South Africa-based hair extension company Friska Hair being acquired by Godrej Consumer Products India shows that hair export is serious business. One driving factor is Africa’s young and growing population, which helps ensure that consumer spending grows in lockstep with GDP. This is good news for Indian hair exporters. https://www.spireresearch.com/newsroom/spirethoughts/indias-hairy-exports-to-africa/

China's measured reaction to US trade tariffs

The recent US trade tariff announcement will impact Chinese imports worth USD60 billion. Will China’s reaction and the prospect of continuing tit-for-tat tariff hikes cause more panic across global markets? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in China Daily – Asia Weekly. As the US Treasury explores restrictions on Chinese investment in the country, the value of stocks plunged across Asian markets. Industries that might come under more scrutiny for possible higher trade tariffs include maritime equipment, new materials, automated machine robotics and tools along with new advanced information technology and high-tech shipping to name a few. Voicing concern, Perera pointed out that China’s focus will still be on minimizing an escalation of mutual tariff hikes. China has hugely benefitted from global trade and FDI flows. However, China is clearly prepared to pursue retaliatory tariffs of its own for strategic reasons – it has announced tariff h...

Precious metal destroys cancer cells

University of Warwick researchers developed an organo-metal compound coded as FY26 to infiltrate cancer cells and activate cellular mitochondria to destroy cancer cells. To date, FY26 has been tested in ovarian cancer cells and has been deemed 50 times more effective and cheaper than other chemotherapy drugs. Can a newly discovered metallic compound vastly improve the treatment of ovarian cancer? https://www.spireresearch.com/newsroom/spirethoughts/precious-metal-destroys-cancer-cells/