Nowadays you can hardly find anything else that will have as much impact as 3D printing. According to a leaked paper seen by Reuters, the European Commission is going to ask countries to invest heavily in new technologies such as 3D printing to revive the European Union's declining manufacturing sector.
Key manufacturing industries in Europe have shrunk and the EU's main regulators want to ensure that new technologies are exploited to cheapen manufacturing costs and increase production.
The paper which outlines the bloc's future industrial policy said the commission wants to raise manufacturing from 16 percent to 20 percent of EU GDP by 2020 using new techniques such as 3D printing which builds objects using instructions from a printer.
Enthusiasts for 3D printing say it will revolutionise manufacturing in electronics such as mobile phones and save millions in costs as it would be as cheap to produce one phone as it would be to make thousands.
Some predict that in the more distant future households will have such printers to make mundane objects such as shoes.
The Commission also wants countries to invest heavily in advanced technologies such as industrial biotechnology which uses living cells to make materials such as chemicals, detergents and paper.
The market for such technologies is tipped to grow by 50 percent from 646 billion euros to more than 1 trillion euros by 2015, the paper said.
EU is facing the following problems:
- Industrial production has declined 10 percent since the crisis and more than 3 million industrial jobs have been lost.
- The car industry is among the hardest hit, with large over capacity in mid-market car makers in France, Spain and Italy.
- Total European car sales fell 6.6 percent in the period from January to August this year.
- EU has not exploited past emerging industries such as rechargeable lithium batteries. - European firms hold more than 30 percent of the relevant patents "without any production of such batteries taking place in the EU".
To reverse such trends the Commission proposes non-binding targets for manufacturing and investment, both public and private.
The European commissioner in charge of industrial policy Antonio Tajani will launch the new proposals on Wednesday.
The policy will also promote green vehicles, smart grids, sustainable construction materials, and so-called key enabling technologies which include nanotechnology and photonics.
Posted in 3D Printing Technology
Maybe you also like:
- New 3-way extruder and color blending nozzle developed for multi-colour/material 3D printing
- Will Amazon embrace 3D printing?
- 3D printing identified in Gartner's 2012 Hype Cycle for emerging technology
- White House announced new manufacturing hub in Ohio to promote 3D printing
- Thiel Foundation announces new grant for 3D printed meat
- Infographic: 3D Printing explained
- Global 3D printing market expected to reach US$2.99 billion by 2018
- Researchers develops new SLM method to produce 3D aluminium composite parts
- Future of Medicine: 3D-printing new organs
- Researchers to develop 3D printer to enable printing of 3D silicon micro- and nanostructures
- 3D printing leads the design world into a new age
- Create personalized medicine using a 3D molecule printer
- 3D printer extruding icing for decorating cakes
- Unfold uses ceramic 3D printing to create unusual works
- More experiments on 3D printed circuitry