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China expected to capture 70% of Asia-Pacific 3D industrial market

EOS to expand Indian industrial 3D printing operations

Posted on Monday, 12 February 2018. Posted in Digital Print . Written by IPP Desk

EOS to expand Indian industrial 3D printing operations

EOS, a leading technology supplier in the field of industrial 3D printing of metals and polymers, announced three recent leadership appointments in Asia-Pacific as well as expansion of its regional footprint as part of the company’s bid to meet strong demand for the additive manufacturing (AM) sector.

In the year ahead, EOS plans to expand its India team and office space, as well as explore further developments to its consulting offerings with Additive Minds. In China, EOS has already expanded its team from four to 32 employees since its establishment in 2013, focusing on enabling organizations to strengthen their innovation capability and key technologies.

Advancements in AM will continue to drive rapid adoption for the technology in the region. By Q3 2018, the AM market is forecast to reach more than US$ 3.7 billion globally, and more than US$ 15.7 billion by Q3 2025. In Asia-Pacific, CAGR is expected to reach 18.6%, with China capturing over 70% of the market share.

Dr Adrian Keppler, chief executive officer and speaker of the corporate management at EOS, says, “Industry 4.0 has brought about tremendous opportunities for AM and great traction for the adoption of AM in Asia-Pacific. We are already seeing demands from our customers in industries such as aerospace, automotive, medical and fast-moving consumer goods, where excellence in technical precision and structural engineering are paramount. Hence, we are extremely excited to expand our global footprint, especially in Asia-Pacific, and to broaden our leadership team to tap on this market demand.”

New leadership appointments
Effective November 2017, Jack Wu was appointed sales director of Asia-Pacific. Based in Singapore, Wu oversees the sales function and plays a key role in EOS’ customer portfolio for the region in Singapore, China, India, South Korea and Japan. Wu was formerly the general manager for Greater China. In EOS since 2010, he was pivotal in setting up EOS China’s branch and operations in Shanghai. With Wu’s move to Singapore, Ye Jiyuan joined EOS as general manager for Greater China in November 2017, based in Shanghai. Jiyuan, a tech industry veteran of more than 15 years, has extensive experience in product design, simulation and smart manufacturing. In Japan, EOS has appointed Yasuaki Hashizume as general manager to head its Japan office and oversee business operations in the country. Hashizume has more than 12 years of experience in the AM industry. Before joining EOS, he was the general manager of NTT Data Engineering Systems Corporation (NDES), where he played a key role in developing Japan’s AM market. Terrence Oh, senior vice president (Asia-Pacific) at EOS GmbH, added, “Our APAC customers are gradually transforming their businesses for the fourth industrial revolution and we want to help accelerate that process by contributing more to their AM strategy and production. We also want to be there at every stage of the journey, from helping them set up their in-house AM capabilities to enabling them to deliver high-quality products within a shorter time span or having eco-friendly spare parts produced. Through our in-house consultancy unit, Additive Minds, we hope to further strengthen our customers’ AM value proposition and ensure that they are at the forefront of implementing advanced technologies.”

To help businesses build up their AM capabilities, EOS has brought its expertise and offerings to Japan through a partnership with NTT Data Engineering Systems Corporation (NDES). Based in Yokohama, EOS and NDES will provide further expanded sales, maintenance engineering and consulting services for AM in the country. EOS in Japan currently has three employees and the company will be partnering key customers to offer Additive Minds to increase businesses’ competitive edge in defining and developing AM applications. “Japan is poised to benefit the most from the rise of advanced manufacturing and smart factories, according to the World Economic Forum’s ‘Readiness for the Future of Production Report 2018.’ The country has been highly regarded as one of the leaders in technological advancements in APAC, and it has been observed that the demand for industrial 3D printing in Japan’s manufacturing and medical sectors is substantially rising. Thus, this is an opportune time to enter the market and offer our expertise to bridge any gaps as AM continues to develop rapidly in Japan,” said Oh. According to the World Economic Forum, Singapore is one other country that is well-positioned to benefit from advanced manufacturing. Aligning with Singapore’s Smart Nation initiatives for the manufacturing sector, EOS has expanded its Singapore team to provide adequate resources to meet customers’ needs and requirements. EOS Singapore also relocated to a new office space and technical center in April 2017. The new space is triple in size of its previous location and can house more systems and technologies to support customers of various industries with their AM needs.

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