McKinsey & Company report highlights Additive Manufacturing as top technology of the future
May 12, 2018
Global management consulting firm McKinsey & Company, New York City, New York, USA, has ranked Additive Manufacturing as number one in its top ten advanced manufacturing technologies in Issue One of its report on advanced manufacturing and industry 4.0, Factory of the Future [Click to see]
Based on the McKinsey Advanced Manufacturing & Assembly survey, the report found that Additive Manufacturing (AM) and Metal Injection Moulding (MIM) were consistently voted as the technologies with the most potential to improve manufacturing across a broad span of industries and geographic areas. “If you only remember two technologies from this paper, they should be Additive Manufacturing and Metal Injection Moulding,” stated McKinsey & Company.
In the survey, 44% of experts questioned by the consultancy rated AM as having a high or very high impact on manufacturing over the next 0–5 years. 21% of the experts surveyed stated that MIM would have a high impact on manufacturing over the next 0–5 years.