Global 3D printing market to grow at a CAGR of 45 percent over the period 2014-2019

3D printing, also known as additive manufacturing is the process of making a 3D model, using digital data by manufacturing (printing) it layer by layer, using a 3D printing material. It aids all industries by enabling the manufacture of customized products at a mass level, without incurring extra costs and other environmental impacts.

During the advent of this technology, these models were restricted to prototyping purposes but in recent times 3D printing technology has made a paradigm shift towards conventional product manufacturing in industries extending from Aerospace to Consumer Products. Currently, many business firms are adopting 3D printing technology in various applications to get more accuracy, optimum usage of raw materials, while exhibiting customized manufacturing.

https://www.whatech.com/market-research/it/archive/42786-global-3d-printing-market-to-grow-at-a-cagr-of-45-percent-over-the-period-2014-2019