The global market for Printed Circuit Boards or PCBs, which totalled nearly $61 ½ billion in 2015, should reach almost $74 billion by 2021.
PCBs are everywhere.
They’re found in all electronic devices and demand is growing fast with the emergence of advanced technologies, such as the Internet-of-Things and wearable tech.
At the same time, the rise in the use of 3D printers is causing massive growth in that market for both hardware, software and specialized inks - and that market is predicted to grow upwards of $8 billion by 2025.
So what do 3D printing and PCBs have to do with each other?
If Israeli tech start-up, Nano Dimension has anything to say about it - the answer may soon be - “A lot”.
Nano Dimension, ticker NNDM, is revolutionizing the way electronics are made with 3D printing.
They’ve built a 3D printer, the Dragonfly 2020, for multi-layer PCBs and they’re developing advanced nanotechnology-based conductive and dielectric inks.
They have a veteran management team and a world-class science team and they’re rolling out one of the most anticipated technologies in the industry that will help engineers and electronics companies radically improve the way they produce PCB prototypes.
The Dragonfly 2020 beats out competing technologies in 4 ways:
1. The PCBs Work - The proprietary dielectric ink is conductive so prototypes coming out of their printer are fully functioning.
2. They print multiple layers - Smaller, more complex devices is driving the demand for PCBs with higher layer counts.
3. They’re faster - With Nano Dimension’s Dragonfly printer the time to get a PCB prototype back for testing is reduced from weeks to hours.
4. They’re more secure - Complex PCB designs are incredibly valuable. When outsourcing production, there’s always a risk of intellectual property theft. Producing prototypes in-house keeps them safe from prying eyes.
More demand for PCB’s means companies need to get prototypes turned around quickly and securely to beat the competition to market and therefore a growing need for innovative solutions like the Dragonfly 2020 3D printer.
With an overall PCB market projected to be worth $74 Billion by 2021, no direct competition and sales expected to begin by the end of 2016 - Nano’s patented 3D printing technology is well positioned to grab market share and build value for shareholders.
So check them out at www.nano-di.com ticker NNDM.
Thanks for watching CEOLIVE.TV and tune in during the coming weeks for a more in-depth look at this exciting new tech company.
About Nano Dimension
Nano Dimension, founded in 2012, focuses on development of advanced 3D printed electronics systems and advanced additive manufacturing. Nano Dimension's unique products combine three advanced technologies: 3D inkjet, 3D software and nanomaterials. The company's primary products include the first 3D printer dedicated to printing multi-layer PCBs (printed circuit boards) and advanced nanotechnology-based conductive and dielectric inks.
Forward Looking Statements
This CEOLIVE.TV video interview contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company's contracts, the Company's ability to raise sufficient development and working capital, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all.
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