General Electric (NYSE:GE) is the world's largest industrial conglomerate. If you're a long-term investor in GE, you likely have the following question on your mind: At $147 billion in annual revenue, how does the company grow its market share in the industries in which it competes?
In the accompanying video, Motley Fool contributor Asit Sharma discusses GE's use of additive manufacturing technology as a strategic weapon to add value to its industrial parts, while increasing market share with its largest customers in the process. Asit discusses additive manufacturing using the example of the LEAP aircraft engine, which is being developed under a joint venture between GE and French aerospace giant Safran (NASDAQOTH:SAFRY). How will GE benefit from this increasingly prominent technology? Watch below to find out.
Fool contributor Asit Sharma has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.