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What is near net shape powder-based manufacturing?

Near net shape manufacturing technologies produce components that are close to the finished size and shape, requiring a minimal amount of finishing process such as machining.  Such processes include closed die forging, investment casting, metal injection moulding and more recently Additive Layer Manufacturing (ALM).

Powder based manufacturing uses a powder feedstock which is densified by using electron beam, laser or electrical discharge; an example of such a technique would be ALM. Various materials can be processed in this way including metals, ceramics and polymers.

The principal advantages of such techniques are:

Key industries already using these techniques include: