3D printing is a manufacturing process that helps in building multiple layers for a three-dimensional object from a digital specimen. A few years ago, the cost of using 3D printing technology was very high and it was used by large corporations and organizations, however with the advent of desktop-based 3D printers the technology is becoming more accessible in small and medium enterprises and home users as well.
Currently, 3D printers are increasingly used to manufacture customized prototypes during testing phases. The 3D printing technology helps the business organizations in creating prototype at lower costs, reduced time and do not require specific labor skill for developing a product thereby enhancing the growth of the 3D printing market across the globe.
Insight by Printer
On the basis of printer, 3D printing market is categorized into industrial printers and desktop 3D printers. Among all these segments, desktop 3D printers are anticipated to witness fastest growth during the forecast period helps in developing new and innovative products for the customers along with providing customized products to the users. These factors are thereby pertaining towards the growth of the 3D printing market across the globe at an extensive rate.