“So far, current penetration of additive manufacturing is still relatively low in the ASEAN region despite wider acceptance globally”.
A recent study conducted by thyssenkrupp estimates additive manufacturing to create 3 to 4 million additional jobs in Association of Southeast Asian Nations (ASEAN) by 2030. The technology would reduce import activities in the region by $30-50 billion and increase ASEAN’s manufacturing competitiveness in the age of the Fourth Industrial Revolution.
So far, current penetration of additive manufacturing is still relatively low despite wider acceptance globally.
Indeed, the penetration accounts for only 5 to 7% of Asia’s total AM spend estimated at $3.8 billion for 2019. However, the report recognizes a huge potential while looking at the global manufacturing output of the region.
The additive manufacturing adoption varies from one country to another but most of the countries focus on developing the infrastructure and skills to leverage on this disruptive technology. Currently, Singapore has around 40% of the additive manufacturing market in ASEAN, followed by Malaysia and Thailand with the next 40% of the market by value.
The study has been carried out with the help of industry partners in the region, including EOS GmbH and the National Additive Manufacturing Innovation Cluster (NAMIC).
It comes at the heels of the establishment of thyssenkrupp’s Additive Manufacturing TechCenter Hub in Singapore. The TechCenter Hub, supported by the Singapore Economic Development Board (EDB), serves as the regional hub for the company’s existing TechCenter in Mülheim an der Ruhr in Germany. The Singapore Hub, along with the Mülheim TechCenter, will focus on innovations around additive manufacturing solutions in metal and plastic technologies for customers in marine and offshore, automotive, cement, chemical, mining and other heavy industries.
« Singapore has invested more than $200 million in additive manufacturing-related research, to develop new capabilities that can better serve the growing demand in Southeast Asia. thyssenkrupp’s Singapore AM TechCentre Hub is an exciting and timely addition to our efforts in this area, leveraging our diverse manufacturing base and strengths in Industry 4.0 to create innovative solutions for its customers, from Singapore. We look forward to working with thyssenkrupp in strengthening our status as an additive manufacturing hub for Asia Pacific,” said Mr. Lim Kok Kiang, Assistant Managing Director, EDB.
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