3D Printing Market: Size, Growth, Regional Analysis, And Market Analysis

Posted By : arorasurbhi on 2021-12-07   15:42:28    India
  3D Printing Market


3D Printing:

A three-dimensional object from a CAD model or a digital 3D model is known as 3D printing or additive manufacturing. 3D printing can refer to a range of methods in which material is deposited, connected, or solidified under computer control to build a three-dimensional object, often layer by layer, with material (such as plastics, liquids, or powder grains) being placed together.

Market Growth:

The global 3D Printing Market was worth USD 13.78 billion in 2020, and it is predicted to increase at a 21.0 per cent compound annual growth rate (CAGR) from 2021 to 2028. In 2020, 2.1 million 3D printers were shipped worldwide, with 15.3 million units predicted to be shipped by 2028.

The COVID-19 epidemic has had a tremendous influence on the world economy and, as a result, the 3D Printing Market. In the beginning, Europe and the Asia Pacific were among the worst-affected regions in terms of COVID-19 patients worldwide. Furthermore, the situation in the United States deteriorated. The governments issued an order for the complete closure of some key cities due to the virus's rapid spread. Manufacturers of 3D printers were affected by the complete lockdown. This is due to a workforce shortage and a full breakdown of the country's logistics and supply chain. The suspension of 3D printing output stifles total market growth in the first and second quarters of 2020.

Read More: https://coherentmarketblogs.blogspot.com/2021/07/3d-printing-market-size-growth-regional.html

About Author

arorasurbhi Delhi India
I am a blogger and I write Report Oriented Blogs

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