China’s 3D Printing Manufacturer, Zhuhai CTC Electronic, Opens Headquarters in London, Expanding through Europe
As 3D printing technology offers a voluminous number of innovations and changes to the world, transforming manufacturing worldwide, the subject of how it will affect China is interesting and well-discussed. As their traditional methods of manufacturing have a global stronghold currently, many economical and industry pundits in the U.S. predict there may be surprising changes on all sides.
Traditional manufacturing methods in China may not be enough as the U.S. and others gain independence in production processes and are able to create more manufacturing locally as well as bringing a great deal of it back home to stay.
The other side of the coin is that China is very interested in 3D printing, and not far behind us in ambition and acumen regarding the extremely useful technology. As they sharpen their skills, the combination of 3D printing and traditional methods could be extremely enticing as they are able to lower manufacturing prices even further and offer greater efficiency.
While what transformations and changes will truly take place remains to be seen, today China has their sights set on Europe. Zhuhai CTC Electronic Co., Ltd., a leading producer of 3D printers in China, has just announced the opening of an office in London as they set down roots in new headquarters meant to serve as the base for the beginning of their expansion not only in the UK but throughout Europe.
The office is 4,000 square feet and located on the southern bank of the Thames River.
“The ultimate goal of setting up a London office is to establish business relationships with local 3D printing services businesses and retailers across Europe. Most Chinese developers only focus on the Chinese market, causing them to remain quite closed-minded as their knowledge and understanding remains limited to their local market. But the fact is that there is broader space for development beyond the Chinese market,” said Zhuhai CTC Electronic PR director Siyi He.
Founded in 2004, Zhuhai CTC Electronic has no problems thinking outside the box when it comes to business and expansion, which is signified simply enough by their transition from 2D to 3D, embracing highly modern, progressive technology which still has plenty of skeptics worldwide.
“China has always regarded the American market as the benchmark and the American 3D manufacturers as the model that Chinese 3D start-ups should learn from and emulate. As the American and Chinese markets become ever more similar to each other, a 3D printer that has gained traction and been successful in America is quite certain to be a profitable product or a source of inspiration for China’s 3D development once introduced to China,” added Siyi He.
Now, with over ten years in 3D printing and exponential growth, they are expanding marketing efforts globally, with a research and development facility in India and logistics warehouses not only in Europe and Australia, but also the U.S.
Do you think China will continue to expand with 3D printing exponentially, worldwide? How do you think this will affect the U.S. hold on 3D printing? Share your thoughts with us in the Zhuhai CTC Electronic forum over at 3DPB.com.
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