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PRNT ETF in Focus as 3D Printing Market Gains Momentum

Written by David

December 4, 2019

The latest craze in the digital world is 3D printing, opening up avenues in different spheres of application, starting from automobiles to healthcare. Also known as additive manufacturing, 3D printing is the process of turning a digital model into a solid three-dimensional physical object by adding material layer by layer (per an article on 3D Hubs).

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The U.S. military has been experimenting with 3D printing of late. In fact, the construction industry is seeing growing usage of the technology. The automobile sector has also seen bigwigs like Porsche and Bugatti switching to 3D printing for manufacturing rare or complex parts.

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Research firm Acumen Research and Consulting expects the 3D printing market to reach a value of $41 billion by 2026, at a CAGR of 20%. Meanwhile, North America has been dominating the 3D printing market, region-wise. Factors Favoring the 3D Printing Market 3D printing is […]

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