3D printing market to grow by 23%

The global market for 3 printing will grow from nearly US$3.7 billion in 2016 to more than US$10.4 billion by 2021, with a compound annual growth rate (CAGR) of 23.2% for the period of 2016-2021, according to Research and Markets.

The report includes an overview of the global markets for 3D printing, coverage of five different types of technologies including laser sintering, electron beam melting, fused disposition modeling, laminated object manufacturing, and three dimensional inkjet printing, and profiles of major players. It addresses trends in 3D printing technology and the global market for the most promising 3D printing technology applications from 2015 to 2021.

This story is reprinted from material from Research and Markets, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.