Potential impact of Additive Manufacturing over different sect | CSE MAINS BOOSTER
Potential impact of Additive Manufacturing over different sectors
Economic impact: AM technologies will enable fast and cost-effective manufacturing. It will allow participation in the global value chain thereby developing new technology-driven industries and jobs.
Environmental impact: AM facilitates development of new materials and technologies which are more energy and resource efficient to alleviate its carbon footprint and increases its energy security.
Innovation Diffusion: It allows for removing design constraints without the risk of high expenditure thereby boosting innovation in the product development process.
For e.g.:
Production of customized implants and reduction in healthcare costs due to minimal re-intervention enabled by accurate diagnosis.
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