3D Printing Market Projected To Raise At USD 62.79 Billion By 2028
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3D Printing (3DP) is also referred to as
Additive Manufacturing (AM), as it involves successive addition of layers of
materials in various 2D shapes using an additive process. These layered 2D
shapes build upon one another to form a three-dimensional object. The process
is different from the subtractive method of production, which begins with a
block of material and the unnecessary material is ground out to obtain the
desired object.3D printing is widely adopted in the industrial sector owing to
the growing need for enhanced product manufacturing and a shorter time to
market. The industrial vertical happens to be the most significant adopter of
the 3D printing technology and eventually leading to the highest market share
of 3D printers for industrial applications over the forecast period. Additive
manufacturing is anticipated to evolve over the forecast period.
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