Increasing application of 3D printing across industries is propelling market growth. 3D printing is also gaining increasing traction among consumers, further driving the market. North America is the leading regional market, holding the majority of the global share.

 

As per the latest report by IMARC Group, titled “3D Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global 3D printing market size reached $9.2 billion in 2018.

 

3D printing, also known as additive manufacturing, is a process through which three dimensional solid objects are created using a digital file from computer design software. In this process, the products are generally prepared using a series of additives or layered development framework to form an object which avert the need for drilling, cutting, etc. In comparison with the conventional printing technologies, 3D printing offers advantages including stability, durability, flexibility, high-sensitivity and the elimination of raw material wastage. […]

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