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3D printing industry might produce for us in the coming years and resulting in more needs for heat treating these products¡ªThe 18th China(Guangzhou)Int¡¯l Heat Treatment, Industrial Furnace Exhibition
1/12/2017 heat treatment expo-furnace expo |
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2016 - The year of uncertainty, change, and selective economic slowdowns have come to an end. The industries in our area generally break down into the following: Aerospace/Defense, Medical & New Technologies, Oil & Gas/Power Generation, Consumer Goods and Commercial Heat Treat. The Aerospace/Defense segments will continue to show activity ¨C new engines and aircraft are being developed and perhaps more mergers/acquisitions are out there. The promise of increased or renewed Defense spending will certainly be welcome also.
The OIL&GAS/Power Generation segment of our industry could turn out to be the sleeping giant ¨C again with the new team in Washington DC, the potential for increased domestic drilling and production activity should be expected and very well received. A slight uptick is already being seen in this market. Like the past Oilfield slumps, there have been numerous mergers/acquisitions, and plant closings. We should see new technologies and new startup companies. The big guys will also benefit from their acquisitions and consolidations that resulted from the downturn. Future Medical research and products will find us new opportunities. Our society is aging and the need for new medical devices will continue to grow. Who knows what the 3D printing industry might produce for us in the coming years and resulting in more needs for heat treating these products. Both political parties promised INFRASTRUCTURE spending so I expect to see these types of companies benefitting from the projects that can hit the road (literally) quickly ¨C roads, bridges, utilities. All of these projects will affect our industry in some manner.
The Consumer goods production is still a steady market with goods such as golf clubs, off-road sport vehicles, weapons, and hand tools. Our Commercial Heat Treaters have had such a steep challenge now for almost two years, but they have remained resilient and even during tough times they have continued to improve and enhance their capabilities. Predictions ¨C I am expecting an ever diversifying economy and a resurgence in some of the segments that were slumping (energy and commercial heat treat).
¡ªThe
18th China(Guangzhou)Int¡¯l Heat Treatment, Industrial Furnace Exhibition
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