About Centre
Global spending on AM in 2019 was nearly at $13.8 billion with a growth of 23.5% per annum and expected to reach USD 34.8 billion by 2024, which is growing at CAGR of 23.25%. SmarTech Publishing had estimated the global AM market is 14BnUS$ in 2020 and would reach 41 Bn US$ by 2027, with a year on year growth of 27%. The market share of printers/machines, materials, software and services are 40%, 15%, 15% and 30% respectively. USA’s market share on AM is 36%, followed by EU as 26% and China 14% and India holding a meagre 1.4 % of the global market share. Recent geopolitical and economic instabilities have exposed the jarring fault lines in global supply chains. Governments across the world are leading efforts to identify systemic vulnerabilities, de-risk, and restructure existing value chains. Additive Manufacturing is much faster in developing across the globe compare to conventional manufacturing processes. As a results the many organization already adopted the AM technology for fabrication or prototyping process. The Make in India mission uplift the adoption of AM technology in almost every sector and that ultimately leads for education in the field of AM technologies. The prime challenges in the same is to educate the graduates into AM technology as in our country very few courses are running in the field of AM.
To address the challenges Ganpat University Additive Manufacturing Centre of Excellence introduced various academic programs.