ORLANDO, Fla., Oct. 11, 2016 (GLOBE NEWSWIRE) -- A few times each decade investors and really, the world, are introduced to a seismic shift in the way things are done. A disruptive technology emerges as a game changer of epic proportions. This time those proportions are being measured in the billions… $21 billion to be precise, and the news is coming through one of the largest shippers of goods in the world.
A stunning report from United Parcel Service (UPS) and the Consumer Technology Association forecasts that the still nascent 3D printing market which has grown at 30% year-over-year previously could explode to $21 billion per year by 2020. The detailed report paints a tremendously bright future for a 3D printing market that includes machines, materials and printing services
The new study is called “ 3D Printing: The Next Revolution in Industrial Manufacturing " (Source: http://bit.ly/1NkNzuG )
3D printing is seen by many to be the next-big-thing in manufacturing, a revolutionary way to design and create new goods. For those coming late to the discussion, 3D printing is a process for making a physical object from a three-dimensional digital model, typically by laying down many successive thin layers of a material.
The possibilities are nearly endless, even mind-shattering. Consider that in a Forbes article from three years ago, the business magazine reported that 3D painting has been used to make replacement organs for transplant patients. (Source: http://bit.ly/2d3hfzX ) One must wonder what expectations are now, three developmental years later.
One company, Heritage Printing Technology Corp. (OTC:HAGE) , a leading innovator of 3D printing technology, is preparing to stake its claim in this massive market opportunity with a product line that aspires to offer the highest-quality products on the market at an affordable price. Heritage’s diverse line of innovative 3D printers satisfy a wide array of consumer needs from large-scale units requiring their own work station to smaller compact models that can easily fit on a desktop.
Heritage is already doing business with its proprietary line of printers and technology in international markets, making 3D printers that can create an array of items for a wide variety of applications. The Company is clearly moving quickly in this massive market and just applied to have their shares listed on the Hong Kong exchange as well, providing an investment opportunity in that market as well.
It’s indeed good news for Chinese investors to have more options in 3D printing equities but here in the United States we’re watching to see how much of that $21 billion potential Heritage can claim.
For more information about Heritage Printing Technology please visit http://heritageprinting.tech/
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