Computer-aided design

Computer-Aided Design (CAD) Market Continues Its Dramatic Growth – 7% CAGR

Retrieved on: 
Thursday, March 21, 2024

According to a new research report from leading analyst firm Jon Peddie Research (JPR), Computer-Aided Design (CAD) software is used for design documentation and mechanical design.

Key Points: 
  • According to a new research report from leading analyst firm Jon Peddie Research (JPR), Computer-Aided Design (CAD) software is used for design documentation and mechanical design.
  • The digital revolution of the last 20 years has driven CAD to become the centerpiece of a modern digital reality.
  • The Computer-Aided Design software market is forecasted to reach US$16 billion by 2027, driven mainly by the increased use of Digital Twin systems.
  • The prominent players in the market are Autodesk, Dassault, and Siemens, which control over 65% of the market.

Global Gaskets & Seals Market Outlook & Forecast Report 2023-2028, Featuring Key Player Analysis for Dana, ElringKlinger, Freudenberg, AB SKF, Tenneco, Flowserve and Smith's Group - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The "Global Gaskets & Seals Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Gaskets & Seals Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global gaskets and seals market is highly fragmented due to the presence of many vendors.
  • APAC was the most significant revenue contributor to the global gaskets and seals market, accounting for a share of over 42% in revenue in 2022.
  • The global gaskets and seals market by product type is segmented into seals (shaft seals, molded seals, motor vehicle seals, and other seals) and gaskets (jacketed gaskets, solid gaskets, spiral wound gaskets, kammprofile gaskets, and others).

Metal Additive Manufacturing Market size is set to grow by USD 7574.3 million from 2023-2027, increased preference for additive manufacturing boost the market- Technavio

Retrieved on: 
Monday, March 18, 2024

View Sample Report

Key Points: 
  • View Sample Report
    Metal Additive Manufacturing refers to the production of metal components using machineries like lasers or electron beams.
  • This method generates less waste compared to traditional manufacturing methods and facilitates fast-paced production of metal prototypes and components.
  • Metal additive manufacturing involves creating metal components using powders, wire, or metal sheets through processes like laser or electron beam melting.
  • The Metal Additive Manufacturing Market in North America is the largest, driven by significant contributions from the US, Canada, and Mexico.

ARCH Motorcycle partners with Hexagon to craft bespoke high-performance cruisers with production motorcycle quality

Retrieved on: 
Thursday, March 14, 2024

The partnership is geared to help ARCH expand its commitment to producing bespoke motorcycles by fully digitizing quality processes throughout engineering and manufacturing with state-of-the-art measurement technologies.

Key Points: 
  • The partnership is geared to help ARCH expand its commitment to producing bespoke motorcycles by fully digitizing quality processes throughout engineering and manufacturing with state-of-the-art measurement technologies.
  • The technology will also help ARCH Motorcycle create tailored ergonomic motorcycle designs that incorporate individual customer specifications for shocks, seats, handlebars, foot controls, and overall fit.
  • Our goal is to integrate Hexagon's latest metrology technologies throughout our manufacturing and quality control processes to achieve meticulous finish and uncompromising quality for every ARCH motorcycle.
  • This immediate access to accurate 3D measurement data is intended to help produce the one-of-a-kind experiences and production motorcycle quality that customers want."

ARCH Motorcycle partners with Hexagon to craft bespoke high-performance cruisers with production motorcycle quality

Retrieved on: 
Thursday, March 14, 2024

The partnership is geared to help ARCH expand its commitment to producing bespoke motorcycles by fully digitizing quality processes throughout engineering and manufacturing with state-of-the-art measurement technologies.

Key Points: 
  • The partnership is geared to help ARCH expand its commitment to producing bespoke motorcycles by fully digitizing quality processes throughout engineering and manufacturing with state-of-the-art measurement technologies.
  • The technology will also help ARCH Motorcycle create tailored ergonomic motorcycle designs that incorporate individual customer specifications for shocks, seats, handlebars, foot controls, and overall fit.
  • Our goal is to integrate Hexagon's latest metrology technologies throughout our manufacturing and quality control processes to achieve meticulous finish and uncompromising quality for every ARCH motorcycle.
  • This immediate access to accurate 3D measurement data is intended to help produce the one-of-a-kind experiences and production motorcycle quality that customers want."

Adamastor is the premium engineering centre where the first Portuguese supercar is being developed

Retrieved on: 
Wednesday, March 13, 2024

PORTO, Portugal, March 13, 2024 /PRNewswire/ -- From its facilities in Perafita, on the outskirts of Porto, Adamastor is currently working on the development of the first Portuguese supercar. But the highly specialised team working in the areas of engineering, production and design also has the technical and human resources to design, develop and produce its own tools, equipment and other components, and is also committed to becoming a leader in the execution of engineering projects of excellence at international level, with a special focus on the design of carbon fibre components of the highest quality. Adamastor Advanced Technologies was born.

Key Points: 
  • PORTO, Portugal, March 13, 2024 /PRNewswire/ -- From its facilities in Perafita, on the outskirts of Porto, Adamastor is currently working on the development of the first Portuguese supercar.
  • Although the Portuguese company is fully focused on conquering its space in the exclusive low-volume supercar segment, it also aims to establish itself as a centre of excellence by providing consultancy, design and engineering conception services through Adamastor Advanced Technologies.
  • Adamastor's various in-house technology projects include an innovative suspension system developed entirely in-house, registered and published under an international patent.
  • Adamastor is also proud of the certification awarded by the Agência Nacional de Inovação (ANI) for its suitability to carry out research and development activities.

Adamastor is the premium engineering centre where the first Portuguese supercar is being developed

Retrieved on: 
Wednesday, March 13, 2024

PORTO, Portugal, March 13, 2024 /PRNewswire/ -- From its facilities in Perafita, on the outskirts of Porto, Adamastor is currently working on the development of the first Portuguese supercar. But the highly specialised team working in the areas of engineering, production and design also has the technical and human resources to design, develop and produce its own tools, equipment and other components, and is also committed to becoming a leader in the execution of engineering projects of excellence at international level, with a special focus on the design of carbon fibre components of the highest quality. Adamastor Advanced Technologies was born.

Key Points: 
  • PORTO, Portugal, March 13, 2024 /PRNewswire/ -- From its facilities in Perafita, on the outskirts of Porto, Adamastor is currently working on the development of the first Portuguese supercar.
  • Although the Portuguese company is fully focused on conquering its space in the exclusive low-volume supercar segment, it also aims to establish itself as a centre of excellence by providing consultancy, design and engineering conception services through Adamastor Advanced Technologies.
  • Adamastor's various in-house technology projects include an innovative suspension system developed entirely in-house, registered and published under an international patent.
  • Adamastor is also proud of the certification awarded by the Agência Nacional de Inovação (ANI) for its suitability to carry out research and development activities.

Xometry Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024

NORTH BETHESDA, Md., Feb. 29, 2024 (GLOBE NEWSWIRE) --  Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NORTH BETHESDA, Md., Feb. 29, 2024 (GLOBE NEWSWIRE) --  Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • “In Q4 2023, we delivered record financial results including our highest revenue and gross profit in Xometry history,“ said Randy Altschuler, Xometry’s CEO.
  • Marketplace revenue for the fourth quarter of 2023 was $112 million, an increase of 42% year-over-year.
  • Total gross profit for the fourth quarter 2023 was $49.1 million, an increase of 39% year-over-year.

Dental 3D Printing Market Size to Grow USD 1328.2 Million by 2030 at a CAGR of 16% | Valuates Reports

Retrieved on: 
Thursday, March 7, 2024

BANGALORE, India, March 7, 2024 /PRNewswire/ -- The Global Dental 3D Printing Market was valued at USD 464.5 Million in 2023 and is anticipated to reach USD 1328.2 Million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.

Key Points: 
  • BANGALORE, India, March 7, 2024 /PRNewswire/ -- The Global Dental 3D Printing Market was valued at USD 464.5 Million in 2023 and is anticipated to reach USD 1328.2 Million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.
  • The capability of customizing dental items to meet the needs of individual patients is another important factor propelling the growth of the dental 3D printing market.
  • A practical and affordable way to produce high-precision and accurate dentures, bridges, and crowns is through dental 3D printing.
  • The dental 3D printing market share in North America was almost 34%.

Dental 3D Printing Market Size to Grow USD 1328.2 Million by 2030 at a CAGR of 16% | Valuates Reports

Retrieved on: 
Thursday, March 7, 2024

BANGALORE, India, March 7, 2024 /PRNewswire/ -- The Global Dental 3D Printing Market was valued at USD 464.5 Million in 2023 and is anticipated to reach USD 1328.2 Million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.

Key Points: 
  • BANGALORE, India, March 7, 2024 /PRNewswire/ -- The Global Dental 3D Printing Market was valued at USD 464.5 Million in 2023 and is anticipated to reach USD 1328.2 Million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.
  • The capability of customizing dental items to meet the needs of individual patients is another important factor propelling the growth of the dental 3D printing market.
  • A practical and affordable way to produce high-precision and accurate dentures, bridges, and crowns is through dental 3D printing.
  • The dental 3D printing market share in North America was almost 34%.