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3D Printing Market worth 32.78 Billion USD by 2023

3D Printing Market worth 32.78 Billion USD by 2023

Written by David

December 4, 2018

Additive manufacturing According to the market research report ” 3D Printing Market by Offering, Application, Vertical, and Geography – Global Forecast to 2023″, the 3D printing market is expected to be worth USD 32.78 Billion by 2023, at a CAGR of 25.76% between 2017 and 2023. The growth is attributed to the factors such as the ease of development of customized products, ability to reduce overall manufacturing costs, and government investments in the 3D printing projects for the development and deployment of the technology. The market for desktop printers expected to grow at higher CAGR during forecast period The market for the desktop segment is expected to grow at a higher CAGR between 2017 and 2023. Product innovation, customization, reduction in the cost of desktop 3D printers, and the introduction of new materials are the major drivers for the growth of the market. Desktop 3D printers are now being […]

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