Posts

Showing posts with the label 3D Printing Market

3D Printing Market 2030: Transforming Healthcare with Bioprinting Innovations

Image
In 2018, when a French family became the first to live in a 3D-printed home in Nantes, many predicted that the 3D printing revolution had finally arrived.   3D printing works on the principle that every object is created layer-by-layer, just like sedimentary rocks! 3D printing technology will enable the creation of custom items on-demand, eliminating the need for large, static inventories. The technology has the potential to revolutionize space exploration, where making or transporting objects is hard due to zero gravity.  The 3D printing market has evolved from a niche industry into a transformative force across various verticals. 3D printing technology promises to revolutionize how we create or even think about products. Several sectors are already using 3D printing. Architecture, car manufacturing, aeronautical engineering, and even fashion design, all use it extensively. In the coming years, the technology is expected to find applications in new and unexplored areas...

3D Printing Market Share by Application 2030

Image
3D Printing Market Growth & Trends The global   3D printing market  size is expected to reach USD 88.28 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 23.3% from 2023 to 2030. 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 Market Segmentation Grand View Research has segmented the global 3D printing market based on component, printer type, technology, software, application, vertical, material, and region: Based on the Component Insights, the market is segmented into Hardware, Software, Services. The har...