According to the new research report from MarketsandMarkets,”3D Printing Market by Offering (Service and Printer); Process (Directed Energy Deposition and Power Bed Fusion); Technology (Selective and Direct Metal Laser Sintering); Application (prototyping and part manufacturing); End users (industrial and education) and Geography – Global Forecast to 2025. 3D Printing Market worth $42.9 billion by 2025 with a growing CAGR of 23.3%.”
According to the Aerospace 3D Printing Market Size report,” the market is expected to rise from USD 1,359.1 Million to USD 6,745.5 Million with a remarkable CAGR of 22.17% within the forecast period of 2018 to 2026. As per the current 3D printing aerospace market trends, the Direct Metal Laser Sintering (DMLS) segment will dominate the market, based on printer technology. This is owing to the fact that they are capable of crafting complex geometrical structures. In addition to that, they have other properties such as corrosion-resistant, good welding characteristics, lightweight metal components, and others that will help this segment generate high revenue in the coming years.”
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