Metal 3D printing market size to worth around USD $16b by 2031
A recent report from SmarTech Analysis revealed that the metal additive manufacturing (AM) services revenue is forecasted to reach USD 16.1 billion (AUD 24 billion) by 2031.
AM market exceeds $3B revenue in Q3 2022
The additive manufacturing market has seen a continuous year-over-year growth for the third quarter of 2022, marking the fourth consecutive quarter that the entire AM industry saw revenue exceeding $3 billion.
Australian PMI: manufacturing sector sees stability in September
Australia’s Performance Manufacturing Index has shown stability in September 2022, with increased market activity of 50.2 points, according to the Australian Industry Group.
Output, new orders drag down Global Manufacturing PMI in December
The global manufacturing sector experienced a further decline in December as a result of the downfall in output and new orders.
The latest J.P. Morgan...
Australian manufacturers’ economic outlook slumps in December
The outlook for Australia’s manufacturing sector has taken a dive in December following a sharp decrease in industry output, according to the latest Industrial Trends Survey conducted by Westpac and the Australian Chamber of Commerce and Industry (ACCI).
Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
Stratasys releases strong Q2 2023 financial results
Additive manufacturing giant Stratasys announced its financial results for the second quarter of 2023, showcasing the company’s impressive revenue of $159.8 million, which is 1.6 per cent higher compared to the same period last year.
Orica appoints Kim Kerr as chief financial officer
Global mining company Orica has appointed Kim Kerr as its new chief financial officer, effective 11 October.
Amaero announces revised capital expenditure, EBITDA breakeven timeline
Amaero International, an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, USA, has updated its financial guidance, revising key projections for capital expenditures and EBITDA breakeven timelines.
Toyota Hilux to get 48V technology in 2024 with 10% better fuel economy
Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.
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How AI-enabled cloud ERP is redefining growth for manufacturing leaders
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