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The overall 3D printing market is expected to grow from USD 9.9 billion in 2018 to USD 34.8 billion by 2024 at a CAGR of 23.25%

The overall 3D printing market is expected to grow from USD 9.9 billion in 2018 to USD 34.8 billion by 2024 at a CAGR of 23.25%

Written by David

March 6, 2019

3D printing market to grow at 23.25% CAGR from 2018 to 2024 The overall 3D printing market is expected to grow from USD 9.9 billion in 2018 to USD 34.8 billion by 2024 at a CAGR of 23.25%. Ease in development of customized products, reduction in manufacturing cost and process downtime, government investments in 3D printing projects, and development of new industrial-grade 3D printing materials are the key factors driving the growth of this market. However, limited availability and the high cost of materials, limitation of product size, and lack of standard process control are likely to limit the market growth. Read the full report: https://www.reportlinker.com/p04998220 Prototyping to hold largest share of 3D printing market in 2018 Prototyping application accounts for the largest share of the 3D printing market. 3D printing helps produce prototypes and models from 3D computer-aided design (CAD). This helps several companies to reduce wastage during […]

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