Industrial machinery production - which represents $1.6tr of the $3.8tr global industrial capital expenditure spending in 2013 - is the area to be most dramatically affected by advancing 3D printing technology, says Alex Chausovksy, senior principal analyst, industrial automation, at IHS.
The aftermarket has long been just an afterthought to the sales and marketing processes, but today more and more OEMs have finally begun to realize its strategic importance as a competitive differentiator.