Manufacturing renaissance: return of manufacturing to western countries

Manufacturing Renaissance, i.e. return of manufacturing to west, has been recently observed. This paper analyzes the patterns observed within each of the four main drivers behind this new phenomenon and delves more deeply into the driver that centers on the new manufacturing technologies such as Additive Manufacturing (AM) and 3D Printing. Next, this paper will make the case that the location of manufacturing will be in west, relying on the established theory that has been able to explain the location of manufacturing, i.e. Product Life Cycle Model (PLC).