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Global 3D printing to surge

Constantly evolving value chains, market innovations, and cutting-edge technology developments are pushing 3D printing into the mainstream market. This type of production has surged in recent years and a growing number of businesses use 3D printing solutions, allowing them speed and flexibility while reducing costs.

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The global 3D printing industry revenue is expected to continue its surge 155% hitting $40.8bn in value by 2024, according to data gathered by LearnBonds . Prototype and Proof of Concept Main Reasons for Using 3D Printers 3D printing enables the production of complex shapes using less material than traditional manufacturing methods, which is why it is widely used for small production runs, prototyping, small business, and educational use. In 2020, the global 3D printing industry is expected to be worth $16bn, revealed Wohlers Associates Annual Report on the State of 3D Printing. In the next two years, the market revenue is forecast to […]

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