
What drives the success of an industry: chance or strategy? Lessons from
Author:gly Date: 2024-09-30
When woodworker Ole Kirk Kristiansen started selling toys in Billund, Denmark in 1932âno one during the Great Depression was buying expensive furnitureâhe had no idea LEGO (from the Danish words Leg Godt, or âplay wellâ) would become synonymous with click-lock blocks. When a salesman called on Kristiansen in 1949 and offered him a plastic mold injection machine to spare him the labor of handmade playthings, Kristiansen and his son, Godtfred, were intrigued by one of the samples he was carrying: a studded, interlocking brick.
Adult LEGO builders are among the companyâs most loyal customers, clearing out expensive building sets and buying bricks in bulk for elaborate custom jobs. Known as AFOLs (Adults Fans of LEGO), the demographic wasnât always embraced by management. After retailers criticized LEGO for not paying attention to their market, the company responded by calling adults who played with their product âweirdâ and âa bit bizarre,â dismissing the wacky idea of listening to their needs. Since then, corporate has changed its tune; LEGO and its adult fandom engage each other regularly now. Theyâve even gone so far as to allow you to â¦
The Global Plastic Injection Molding for Medical Device Market accounted for US$ 82.7 million in 2020 and is estimated to be US$ 148.88 million by 2030 and is anticipated to register a CAGR of 6.1%. The global plastic injection molding for medical device market report segments the market on the basis of type, end-user, and region.
LEGO building sets are sometimes chastised for including seemingly unnecessary pieces that sit on the table after a pirate ship has been assembled. It turns out some pieces are simply too small to be weighed during the allocation process: creating a surplus guarantees everyone gets enough to complete their project. And if you do happen to buy a lot of LEGO vehicles, you might have no problem believing that â¦
LEGO fan Matthew Shifrin reached out to LEGO two years ago to see if the company would ever consider providing instructions for the visually-impaired. Shafrin, who is blind, grew up loving LEGO sets and wanted to make them more accessible. After research, the company put up online instructions for four sets--LEGO Classic, LEGO City, LEGO Friends, and LEGO Movie 2--that can be converted to Braille with the use of a Braille reader. Collectors can also hear audio instructions. The company will take time to evaluate how well the system is working and correct any issues before rolling out Braille-friendly instructions for all of their sets.
The company has vowed never to replicate any kind of military scenario for children. They went so far as to ban tiny guns from their Minifigures until 1999, when many licensed kits began featuring weapons in fantasy settings. The peacetime mandate was a big reason why â¦
Analyst View:Increasing technological advancements in plastic injection molding techniques to make sure medical products are free from contamination and safer is additionally expected to drive the expansion of the respective market. Rising healthcare expenditure and spending in both developing and developed economies are among the crucial factors anticipated to bolster the worldwide plastic injection molding for the medical device market. Moreover, the growing global geriatric population, including the prevalence of chronic diseases, is another factor expected to fuel market growth.
A study conducted at the University of Canterbury in New Zealand examined over 3000 LEGO figures made between 1975 and 2010. The conclusion? Their facial expressions were morphing from pleasant to scowling. Pundits figured the change was a result of more licensed characters being introduced into the line. Christoph Bartneck, who led the study, expressed concern that the change in mood might adversely affect children. For a long time, however, LEGO rejected the very idea of any adult scrutinizing their products, because â¦
Not, unfortunately, the kind of dough you can eat. In order to get the acrylonitrile butadiene-styrene (ABS) plastic used for the bricks malleable enough to conform to molds, itâs heated to between 230 and 310 degrees Celsius and allowed to cool for up to 10 seconds before being released. The process is so streamlined that only an estimated 18 bricks out of every million are rejected for being misshapen. Not bad for an item that has an allowance of just .005 millimeters in order to maintain a universal fit. But if there is a problem, thatâs all right because â¦
No toy manufacturer has gotten more off-brand than LEGO did with Scala, a Barbie-esque domestic assortment that barely interacted with their decades-old existing line of toys. Instead of utilizing standard bricks, Scala used pieces that would form a flower upon completion. In both size, appearance, and function, Scala could never hold a candle to the classic LEGO Minifigures. For one thing, the dolls werenât yellow, and â¦
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Kristiansen began making his own, apparently unaware a man named Hilary Fisher Page owned the patent. (In 1958, LEGO perfected the brick with tubes on the bottom to help tighten the connection.) Page died before he discovered Kristiansenâs homage; LEGO has stated Kristiansen was âinspiredâ by Page. LEGO later bought his company, Kiddicraft.
Peer inside any LEGO brick and youâll see a tiny three-digit number stamped on the interior wall. The number corresponds to which mold was used and where in the line the brick was located. If thereâs any kind of defect, LEGO can trace the errant piece to its origin and resolve the issue. Then again, youâre probably not worried about a number when youâve just tripped over one: Throbbing agony tends to block out all rational thought. It might help a little to know that â¦
Using more than three million bricks, and many hours of volunteer labor, Top Gear host James May and the BBC built a mostly-functional (if architecturally pedestrian) home for Mayâs television series, Toy Stories, in 2009. It even featured a flushable toilet, the comfort of which weâll leave to your imagination. Unfortunately, the Surrey, England site it was built on was a vineyard, and the property owners hadnât counted on the LEGO shelter staying up. When May didnât come up with the $81,000 in costs to have the home moved and re-built on LEGOLAND theme park property, it was smashed to LEGO rubble just days after completion. The pieces were donated to childrenâs charities. While the house didn't come with building instructions, all of the regular LEGO sets do. And we mean all, because...
Some key challenges faced by manufacturers of plastic injection molding for medical devices include meeting regulatory requirements, ensuring product consistency and quality, managing costs, and keeping up with advancements in technology and materials.
Some potential challenges for the plastic injection molding for medical device market in the future include increasing competition, regulatory changes, and the need for more sustainable and eco-friendly materials. Opportunities include advancements in technology and materials science, increased demand for medical devices due to aging populations and the prevalence of chronic diseases, and growing healthcare infrastructure in emerging markets.
Since theyâre everywhere, youâre bound to experience that trauma at least once in your lifetime, and theyâre everywhere because â¦
Pop the head off a Minifig and separate it from its hair and youâll notice the miniscule noggin has holes on either side. Thatâs in case a child happens to swallow it. By providing airflow through the plastic, theyâre less likely to choke. But for the figure, the lack of brains might be one reason why â¦
When LEGO introduced the Minifigure in 1975, it was a boxy, faceless entity meant to accept whatever role-play fantasy a builder might want to project. While the figures later garnered faces and gender roles, they have almost always remained yellow. According to LEGO, thatâs because the company felt it was the most racially-neutral color possible. After LEGO branched out into licensing, it began to see its first diverse entries with NBA players. Currently, LEGO assigns skin tone only if a set is based on an existing property or person. Otherwise, theyâre always yellow. And thereâs another constant â¦
Covina, March 16, 2023 (GLOBE NEWSWIRE) -- The Plastic Injection Molding for Medical Device Market accounted for US$ 82.7 million in 2020 and is estimated to be US$ 148.88 million by 2030 and is anticipated to register a CAGR of 6.1%. The medical plastic injection molding process is cost-efficient, and ideal for top volume production runs and applications requiring consistency and tight tolerances. This molding process is additionally used for medical device prototype development for the FDA approval process and to be used in laboratory testing. Since inception, the utilization of plastics within modern medicine has steadily increased. Medical devices that are manufactured from injection molded plastic have contributed to a discount in medical costs, communicable disease and pain management. High tech polymers are used within medical device prototype development and are commonly wont to create improved artificial limbs and devices that reduce the danger of infection. Medical plastic injection molding directly results in increased patient safety and therefore the ability to save lots of more lives. Since medical device plastics provide increased versatility and may be combined with metal to make enhanced medical product attributes, medical grade plastics became the well-liked material for varied sorts of electronic medical devices.
LEGO bricks are possibly the toy worldâs most durable Toy Hall of Fame entrant. A pair of inquisitive YouTube scientists built a repetitive motion machine and didnât see any breakage on a typical 2x4 brick until 37,112 snaps had been completed. But such resistance comes at a terrible price. When you sink your bare foot into oneâparticularly on a hard surfaceâyou simply donât weigh enough to make it budge. A LEGO brick can take up to 950 pounds of force without blinking. It simply refuses to transmit any of your applied force, instead giving it right back to your delicate nerve endings underfoot. Â
By the late 1990s, LEGO was in a tailspin, victimizing themselves by over-producing pieces and failing to control manufacturing expenses. To boost their profile, the board floated the idea of licensing a Star Wars set from Lucasfilm to coincide with the interest surrounding the release of George Lucasâs prequel trilogy in 1999. But longtime LEGO honchos protested the idea, feeling the very name violated their antiwar corporate principles. It took six months of arguing before Kristiansenâs grandson, Kjeld, made the executive decision to take on the license, opening the door to a library of sets (Harry Potter, Disney) that reversed their fortunes after a series of disasters. Unfortunately â¦
LEGO pumps out so many elfin wheels for their sets (roughly 318 million a year) that they far exceed the total output of Goodyear, Firestone, or Michelin, whose products tote around, you know, actual human beings. The company notes that almost half of their sets include wheels, which youâll never find on a military convoy unit kit because â¦
Denmark-based block maker LEGO creates plastic building materials that are omnipresent and ideal for teaching children how to think creatively while their barefooted parents learn how to swear creatively. While the company suffered a loss of distribution when Toys 'R Us closed their doors, revenue was still up 4 percent in 2018 to reach $5.5 billion. Check out these 16 fully-connected facts about the beloved brand.
There are various applications of plastic injection molding in the medical device industry, such as manufacturing of diagnostic equipment, drug delivery systems, surgical instruments, disposable devices like syringes, IV tubing, and catheters, orthopedic implants, and dental instruments. Plastic injection molding is also used for producing housings, covers, and enclosures for medical devices.
LEGOâs social media presence allows for members of the LEGO community to come up with ideas for assemblies. You think people want a Golden Girls set? Throw it on up there. Using existing bricks, petitioners can illustrate their plans. If it gets 10,000 votes, itâll go to LEGO proper, where someone will sit down, figure out the cost of licensing Estelle Gettyâs likeness, and decide whether to grant you a royalty or have you committed. Either way, you probably havenât come up with anything as absurd as â¦
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There are several factors that are driving the growth of the plastic injection molding for medical device market, including:
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