3D printing was one of the original disruptive technologies and while it may be lost in the shuffle these days, a growing number of data points confirm the investment thesis remains solid, indicating the 3D Printing ETF (CBOE: PRNT) is worth a look.
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PRNT debuted nearly three years ago as the first US-listed ETF dedicated to the 3D printing theme . The fund is one of two passively managed products from New York-based Ark Investment Management. ARK believes 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and enabling greater design complexity, accuracy, and customization than traditional manufacturing. In fact, the 3D printing industry is expected to grow in exponential fashion over the next several years. “In 2020, the global 3D printing industry is expected to be worth $16bn, revealed Wohlers Associates Annual Report on the State of 3D Printing,” reports LearnBonds . […]
Case Study: How PepsiCo achieved 96% cost savings on tooling with 3D Printing Technology
Above: PepsiCo food, snack, and beverage product line-up/Source: PepsiCo PepsiCo turned to tooling with 3D printing...
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