Posts

Showing posts with the label 3D Printing Market Growth

3D Printing Market Worth $76.17 Billion By 2030 | CAGR: 20.8%

3D Printing Industry Overview The global 3D printing market size was valued at USD 13.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.8% from 2022 to 2030.  Globally, 2.2 million units of 3D printers were shipped in 2021 and the shipments are expected to reach 21.5 million units by 2030. The aggressive research & development in three-dimensional printing and the growing demand for prototyping applications from various industry verticals, particularly healthcare, automotive, and aerospace and defense, are expected to fuel the growth of the market. Gather more insights about the market drivers, restrains and growth of the Global 3D Printing Market The use of 3D printing in industrial applications is usually referred to as additive manufacturing (AM). Additive manufacturing involves a layer-by-layer addition of material to form an object, referring to a three-dimensional file, with the help of software and a 3-dimensional printer. A ...