Tokyo, September 3 (SocialNews.XYZ) Camera leader Nikon has announced the acquisition of German 3D printer company SLM Solutions for $621 million (€622 million).
With this transaction, Nikon aims to become a leading global player in metal additive manufacturing (AM), delivering innovative manufacturing solutions, said Toshikazu Umatate, President of Nikon Corporation.
“SLM has supplied more than 750 metal AMs that use a casting method called Laser Powder Bed Fusion to more than 150 leading companies around the world, including in the aerospace and automotive industries,” Umatate said in a statement.
By 2030, Nikon aims to become “a key technology solutions company in a global society where humans and machines co-create seamlessly”.
The company expects that by 2030, the space industry will need high-precision components in complex shapes and the automotive industry will focus on reducing the weight of electric vehicles and other products.
“Nikon will address these various challenges and add value to our customers by providing additive processing and riblet processing for end products, components and contract processing,” said the company’s president.
Aerospace and electric vehicles (EV) have seen an increasing demand for printed metal components.
Compared to conventional molding methods, such as casting or forging, additive manufacturing offers several advantages, including shorter development time, reduced costs, specialized modeling and significant weight reduction.
Currently, the global metal processing market is worth 771 billion euros (104 trillion yen).
Of this amount, 119 billion euros (16 trillion yen) is destined for the field of high-value metal parts where additive manufacturing excels, and “we anticipate that manufacturing in this field will gradually shift from casting, forging and from conventional die processing to additive manufacturing,” said Nikon.