Posts

Showing posts with the label 3D Printing Market 2028

3D Printing Market Anticipated To Expand At A CAGR 21.0%From 2021 To 2028

Image
San Francisco, 24 May 2021:   The Report  3D Printing Market  Size, Share & Trends Analysis Report By Component, By Printer Type (Desktop, Industrial), By Technology, By Software, By Application, By Vertical, By Material, By Region, And Segment Forecasts, 2021 - 2028 The global 3D printing market size is estimated to reach USD 62.79 billion by 2028, according to the new report by Grand View Research, Inc. The market is expected to witness a CAGR of 21.0% from 2021 to 2028. 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