The market for value-priced solid modelers will top $401 million, up 9% from 2003, says market research firm Daratech, Cambridge, Mass.
The market for value-priced solid modelers will top $401 million, up 9% from 2003, says market research firm Daratech, Cambridge, Mass. (daratech.com). The firm expects software sales from companies in the group to rise 11% annually through 2008. Growth will come in part from manufacturers that have gotten too little return on big-price-tag CAD investments and are seeking lower-cost alternatives. Also contributing will be 2D users looking for more efficient and cost-effective ways to create products.
Daratech says there are many 3D-modeling tools for manufacturers able to get by without the advanced capabilities found in high-cost products. Value-priced modelers were once billed as having 80% of advanced modeling capabilities at 20% of the cost. But the research firm says the software now offers closer to 90% of the capability and in most instances still only cost up to half of the high-priced products.
New England Machinery Inc. is celebrating its 30th anniversary this year.
VISTAGY Inc. is opening new regional sales offices in Detroit and Stuttgart, Germany.
Minarik Drives is celebrating its 50th year of manufacturing ac and dc variable-speed controls.
Noesis Solutions has appointed FE-DESIGN as main distributor of its OPTIMUS product in Germany, Austria, and Switzerland.
FKI Logistex's new belted Accuzone accumulation conveyor has been approved by the U.S. Postal System for use in postal operations.