In November 2022, the University of Maine constructed the first bio-based 3D printed house1. Prior to that, various regions across the globe have witnessed the construction of prototype 3D-printed homes. Such prototypes of 3D-printed structures have been attempted in various countries. Technological innovations like these have the potential to create a paradigm shift in multiple industries like real estate, materials, and logistics. Presently, 3D printing technology has not only ventured into numerous new applications but also enhanced existing ones by providing customization options like never before.
In general, automation in industries has been responsible for the transformation of a company’s operation by making it more streamlined and efficient. Be it the use of robotics such as industrial robots for automating repetitive tasks, or service robots which are designed to interact with and assist humans in various situations. It is estimated that the revenue in the robotics market is projected to reach USD 35 billion in 2023; of which around USD 26 billion will be coming from the service robotics segment. 2
The BlueStar® Global Robotics & 3D Printing Index (BRB3D) which was up 17% in YTD performance, provides a sector exposure to industries like robotics, 3D printing, and computer-aided design segments.
BlueStar® Global Robotics & 3D Printing Index
Source: MarketVector. Data as of August 31, 2023.
Kinjal Shukla is the Index Researcher and Data Engineer at MarketVector. She is responsible for the design and development of MarketVector indexes and for creating data infographics. Kinjal has cleared FRM Level 1 having come from a risk profile in Barclays, India. She has a degree in a Master of Science in Financial Engineering from Stevens Institute of Technology, USA, and an MBA-Tech degree from NMIMS-MPSTME University, India.
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