154 In automotive manufacturing, 3D printing has lowered both the part count and the product development timeline dramatically. As a result, automakers can carry less inventory and save on tooling costs. In healthcare, 3D printing is making novel surgeries possible with customized guides, tools, and implants. G 3D printing also should provide positive environmental benefits relative to traditional N I T N I manufacturing. R P 3D Thus far, companies using 3D printing have benefited more than the 3D printing equipment manufacturers. In the future, data feedback loops could change that dynamic. According to ARK’s research, 3D printing revenues could scale ~40% at an annual rate during the next seven years, from ~$18 billion today to ~$180 billion in 2030. Note numbers are rounded. Sources: ARK Investment Management LLC, 2024. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.