Global 3D printing market set to reach $8.7bn by 2020

Spencer Ogden our consultant managing the role
Date posted24/Aug/2017
Spencer Ogden our consultant managing the role

The global 3D printing market will grow at a compound annual growth rate (CAGR) of 25.5% to reach $8.7 billion by 2020, predicts Netscribes Inc. 

The market intelligence firm’s report also contains 3D printing trends and the impact of 3D printing across major industries, including aerospace and defence.

Advancements in additive manufacturing (AM) technology have expanded the applications of 3D printing. Longer term, the firm expects to see fully 3D printed aircrafts, self-healing military vehicles, and printing on the battlefield.

 

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