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$4.2 Billion 3D Printer Market Opportunities by 2022
January 19, 2018 | PRNewswireEstimated reading time: Less than a minute
The global 3D printer market is expected to reach an estimated $4.2 billion by 2022, and it is forecast to grow at a CAGR of 12.8% from 2017 to 2022.
The future of the global 3D printer market looks promising with opportunities in consumer products, healthcare, automotive, and aerospace industries. The major drivers for the growth of this market are ease in development of customized parts, prototyping, product designing, and concept modeling.
Emerging trends which have a direct impact on the dynamics of the industry include increasing use of multi-material and multi-color printers, use of delta configuration in printers, and adoption of 3D printing technology in architectural models.
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