Al Seer Marine, Abu Dhabi-listed marine company engaged across multiple marine sectors, has launched an additive manufacturing business unit.
Commonly referred to as 3D printing, additive manufacturing uses computer-aided design (CAD) software or 3D object scanners to produce lighter, stronger parts and systems. The technology provides numerous advantages during the manufacturing process, enabling engineers to design parts with increased complexity in drastically shorter timeframes.
The new business unit of Al Seer Marine, which is a subsidiary of Abu Dhabi’s International Holding Company (IHC), will leverage the latest additive manufacturing technologies for the company’s in-house manufacturing of unmanned vessels and vehicles.
Further, the business unit will develop large-scale additive manufacturing (LSAM) products and parts that are in high-demand regionally and globally.
Mr. Guy Neivens, Chief Executive Officer of Al Seer Marine, stated that “The company’s decision to pursue additive manufacturing is a testament to the technology’s growing influence and diverse applications across a range of sectors. This increased adoption has been largely driven by the digital process behind additive manufacturing, which allows for the creation of bespoke parts with complex geometries and little wastage, rapidly reducing costs and weight considerations while maintaining the part’s strength and integrity.”
With this additive manufacturing business unit, Al Seer Marine aims to lead the segment across the region by 2025, by bringing out various advantages to its industrial capabilities and transforming the region’s shipping industry.
According to Grand View Research, the global 3D printing market has been valued at $13.78 billion in 2020 and is expected to grow at an annual growth rate of 21 percent from 2021 to 2028. In addition, the growing demand for prototyping applications from various industries, including healthcare, automotive, and aerospace and defense, is expected to further drive market growth.