Corporate NewsNews

Peekay Group to Set Up 3D Printing Technology Facility at Bengaluru Airport City

Peekay Group has signed an agreement with Bengaluru Airport City Limited (BACL) to develop a 3D printing technology facility at the Airport City that is being developed in the BLR Airport premises. BACL is a wholly-owned subsidiary of Bangalore International Airport Limited (BIAL)

This facility will house a production centre as well as an experience zone to learn 3D printing & ideate for innovative solutions. In addition, the facility will be used to train technology experts, up-grade skills, increase awareness of various 3D printing applications. This will play a role in engaging youngsters in this new era of technology driven manufacturing.

3D Printing also known as Additive Manufacturing has wide applications including architecture, construction, automotive, aerospace, military, bio-tech (human tissue replacement) jewellery, education and many other fields.

The global 3D printing market size is estimated to reach US$ 62.79 billion by 2028 and is expected to witness a CAGR of 21.0% from 2021 to 2028. McKinsey predicts that Additive Manufacturing could have an economic impact of $550 billion annually by 2025.

Traditional manufacturing has a negative effect on the environment, while 3D printing has been able to significantly reduce the carbon footprint.

Related posts

Larissa Crandall is Veeam’s Vice President of Global Channel and Alliances

adminsmec

Oracle Speeds Cloud Migration with New Oracle Cloud Lift Services

adminsmec

Dassault Systèmes Conducts 3DEXPERIENCE Cloud Summit India 2023

adminsmec
x