Nov 19, 2020

Eyewear additive manufacturing to generate US$2.3bn in 2030

SmarTech Analysis
Essentium
Additive Manufacturing
3D Printing
Georgia Wilson
2 min
eyewear
SmarTech Analysis reports the additive manufacturing eyewear industry will generate US$2.3bn in 2030...

In an announcement made by SmarTech Analysis, the company reported its latest research findings that the 3D printing (additive manufacturing) for eyewear manufacturing segment,will generate US$2.3bn in 2030, a CAGR of 20% from 2020.

The figures include revenue generated from three AM industry specific segments: AM hardware, AM materials and AM services. Revenues including 3D capturing eyewear and software and all 3D printed applications will total to more than US$5bn yearly.

Other key takeaways from the report:

  • Powder bed fusion (PBF) is the most common AM technology, producing 80% to 85% of all final parts - the technology is also used for prototypes
  • The most common use of material is nylon for eyewear due to its versatility and its effectiveness in powder bed fusion
  • 3D scanners will become a part of the digital additive manufacturing workflow in multiple verticales, with dedicated 3D scanners being implemented in the eyewear industry as the products move towards digital production and mass customisation
  • Expectations that the future adoption of 3D printing in manufacturing will evolve via two major pathways: “One is by providing the means for several smaller studios to challenge the larger groups by expressing new ideas and offering new customization options. The other is by large groups such as Luxottica and Safilo (among others) to expand their prototyping and product development activities, bringing production in-house to respond even more rapidly to changing fashion trends and client demands,” commented SmarTech Analysis.

These predictions follow additional research conducted by Essentium which reported that the use of additive manufacturing has doubled in the past year for 70% of organisations.

"The results of this survey show we're at the beginning of radical change. Additive is ready for prime time, and manufacturers are already moving into actual manufacturing to save manufacturing costs while building stronger supply chains that can withstand the worst type of unforeseen events – such as the pandemic,” commented Blake Teipel, Ph.D., CEO and Co-founder, Essentium.

For more information on manufacturing topics - please take a look at the latest edition of Manufacturing Global.

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May 10, 2021

Lion Electric to Construct US EV Manufacturing Facility

ElectricVehicles
SmartManufacturing
Sustainability
Technology
Georgia Wilson
3 min
Lion Electric |Smart Manufacturing | Sustainable Manufacturing | Electric Vehicles | Electric School Buses | Electric Medium and Heavy Duty Vehicles | Sustainability | Technology | Freight | Transportation
Lion Electric announces its selection of Illinois to construct its all-electric medium and heavy-duty urban vehicle manufacturing facility...

Who is Lion Electric?

Founded in 2008, Lion Electric is an innovative manufacturer of all-electric, zero-emissions, medium and heavy-duty urban vehicles. Lion Electric designs, manufactures, and assembles all components for its vehicles that have unique features specifically adapted to the users and their needs. “We believe that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life,” believes Lion Electric. 

Lion Electric’s new Illinois Manufacturing Facility

Just two months after announcing plans to construct a battery manufacturing plant and innovation centre in Quebec, Lion Electric is expanding its locations further, selecting Joliet, Illinois for its new manufacturing facility in the US.

The new facility is said to “represent the largest dedicated production site for zero-emission medium and heavy-duty vehicles in the US,” as well as being the company’s biggest footprint in the market. The new facility will give Lion Electric the capacity to meet increasing demand for ‘Made in America’ zero-emission vehicles and bring production closer to customers. 

It is expected that the first vehicles off the production line will be in the second half of 2022.

“Lion’s historic investment to bring its largest production facility to Illinois represents not only a win for our communities, but a strong step forward in our work to expand clean energy alternatives and the jobs they bring to our communities,” said Gov. J.B. Pritzker. 

“The new Joliet facility will put Illinois at the forefront of a national movement to transition to zero-emission vehicle use, advancing our own goals of putting one million of these cars on the road by 2030. In Illinois, we know that a clean energy economy is about more than just vehicles – it’s about healthier communities and jobs for those who live there. We are excited to welcome Lion to the Land of Lincoln and look forward to their future success here.”

Lion Electric’s Agreement with the Government of Illinois

Over the next three years, Lion Electric will invest a minimum of US$70mn into Illinois. The new facility - totalling 900,000 square feet - is expected to create a minimum of 745 clean energy direct jobs in the next three years, and have an annual production capacity of up to 20,000 all electric buses and trucks.

Scaling electric bus production and decarbonising freight and transportation

As the US moves to electrifying its school buses, the additional production capacity at the facility will help Lion Electric to scale its electric bus production, as well as produce an increased volume of heavy-duty zero-emission trucks to help governments and operators in the US further the decarbonisation of freight and transportation fleets.

“Lion is the leader in electric school buses and has always been dedicated to the U.S. market, and our commitment to be close to our customers is one of the core values we have as a company. This significant expansion into the U.S. market will not only allow us to drastically increase our overall manufacturing capacity of electric trucks and buses but to also better serve our customers, while adding critical clean manufacturing jobs that will form the backbone of the green economy,” said Marc Bedard, CEO and Founder of Lion.

“I also want to acknowledge the crucial role that P33 and Intersect Illinois, civic groups committed to developing developing a long-term roadmap for the local tech industry, played in connecting Lion with the Chicago area’s business and civic community to help further commercial traction, as well as engagement with key workforce and supplier partners.” 

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