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Industrial 3D Printing Allowed Manufacturers to Persevere Through COVID-19, According to New ResearchMarkforged, creator of the Digital Forge, the world's largest metal and carbon fiber industrial 3D printing platform, today announced the findings of its inaugural annual report, "COVID-19 Impact on Supply Chains: Global Additive Manufacturing Industry Report." In the report, Markforged details how the COVID-19 pandemic impacted manufacturers worldwide, and how 3D printing has helped them to maintain business continuity and grow amid global disruption. The report shows that the modern manufacturer - those who adopt digital manufacturing solutions such as 3D printing - were the most resilient, reporting that they've been operating "business as usual," while other manufacturers scaled production back. Key findings include:
The full industry report is now available for download on Markforged's website. Survey Methodology This survey was conducted during Q3 2020 (July-September) with data analysis and insights extrapolation conducted in Q4 2020 (October-December). The results of the study are based on responses from more than 600 manufacturing and technology organizations across several countries and continents. While the primary respondents of the study were from Markforged's customer base, the report also surveyed a sampling of non-Markforged customers to provide deeper analysis. About Markforged Markforged transforms manufacturing with 3D metal and carbon fiber printers, capable of producing parts tough enough for the factory floor. Engineers, designers, and manufacturing professionals all over the world rely on Markforged metal and composite printers for tooling, fixtures, functional prototyping, and high-value end-use production. Founded in 2013 and based in Watertown, Massachusetts, Markforged has about 300 employees globally, with $137 million in both strategic and venture capital. Markforged was recently recognized by Forbes in the Next Billion-Dollar Startups list, and listed as the #2 fastest-growing hardware company in the US in the 2019 Deloitte (News - Alert) Fast 500. To learn more about Markforged, please visit: https://markforged.com.
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