Traces 3D printing trends in manufacturing

Traces 3D printing trends in manufacturing

Global investment in advanced manufacturing technologies held up well in the second quarter of 2022, with funding and deals remaining at traditionally excessive levels. That's according to an exemplary new report from CB Insights titled "State of Advanced Manufacturing Q2 2022" (PDF).

According to the report, international funding for higher manufacturing expertise in the second quarter remained stable at $2.7 billion compared to the first quarter of 2022. Despite a 14% drop in the total number of degrees to 108, it acts the second highest level since 2018.

While Asia and Europe saw slight declines in funding, the share of US deals increased.

The survey asked these engineers about important factors in choosing 3D printing for parts.

According to the Hubs report, the purposes of 3D printing include making tools, jigs, and fixtures to support other manufacturing processes.