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3D Printing Market Worth USD 23.79 Billion By 2025

3D Printing Market Worth USD 23.79 Billion By 2025

Written by David

August 6, 2019

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The global 3D Printing market size is estimated to reach USD 23.79 billion by 2025, according to the new report by Grand View Research, Inc.

It is anticipated to expand at a CAGR of 16.5% over the forecast period.

3D printing is widely adopted in the industrial sector owing to high demand for enhanced product manufacturing and a shorter time to market. The industrial vertical is anticipated to the highest market share over the forecast period. 3D Printing (3DP) is also referred to as Additive Manufacturing (AM), as it involves successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes build upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of material and the unnecessary material is ground out to obtain the desired object. 3D printing continues […]

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