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Global 3D Printing Market To Witness A Pronounce Growth During 2019 To 2024

Global 3D Printing Market To Witness A Pronounce Growth During 2019 To 2024

Written by David

February 1, 2020

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Global 3D Printing Market Summary: The Global 3D Printing Market is estimated to reach USD 39.5 Billion in 2024 at a CAGR of 24.6%.

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Growing use of 3D printing in automotive industry and rising demand for prototyping and mass customization are expected to drive the 3D printing market during the forecast period. However, high initial investment and required maintenance expertise is expected to restrain the market during the forecast period.

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Use of 3D printing in aerospace industry is expected to become an opportunity for 3D printing market during the forecast period. 3D printing is a process in which physical objects are generated by depositing materials in layers-based on a digital model. 3D printing also referred as additive manufacturing which requires hardware, software, and materials to work together in same process. 3D printing can be used for creating simple parts and prototypes to high-end technological final products such as aero […]

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