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Analysis for 3D Printing equipment market 2023-2027
The 3D printing equipment market has grown significantly due to the increasing demand for rapid prototyping and mass customization across various industries, including aerospace, automotive, healthcare, and consumer goods. According to Market Watch, the global 3D printing equipment market size is projected to reach USD 34.8 billion by 2026, growing at a CAGR of 17.7% from 2021 to 2026.
As we know, the advancements in 3D printing technology, such as improved print quality, 3D printed objects with much greater accuracy and detail. 3D printers are becoming faster, with some models able to print objects in just a few minutes rather than hours or days. Materials used in 3D printing have expanded further from plastics, metals, ceramics, and even living tissue. Large-scale printers can now print objects up to several feet in size, such as architectural models, sculptures, and even entire buildings. 3D printing technology is now integrated with other technologies, such as artificial intelligence and robotics, to create new applications and possibilities.
The cost of 3D printers has decreased, making them more accessible to individuals, hobbyists, and small businesses. It is also more sustainable, with advances in material recycling and using environmentally friendly materials. Increasing research and demand for customized products is enhancing their product offerings as well 3D printing market.
3D Printing Euqipment Market Share, Segmentation and Forecast 2023-2027
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3D Printing latest news(Carbon’s fundraising now more than $680 million)
Carbon’s fundraising now more than $680 million. According to Dr. Joseph DeSimone, Carbon’s CEO and Co-Founder, “With the Carbon Platform, powered by our Digital Light Synthesis™ technology, companies are finally breaking free of the constraints of traditional polymer manufacturing methods to make what’s next now and at speeds and volumes never before possible.
According to Greg Penner, Founder and General Partner at Madrone Capital Partners and Chairman of Walmart, “What impresses me about Carbon is their diversification across markets and industries. Through their partnerships with large-scale manufacturers in automotive, healthcare, and consumer goods, they are proving that, with their Digital Light Synthesis™ technology, additive manufacturing in larger scale production is becoming a reality across industry sectors. This is an inflection point for the company, and we’re proud to be able to contribute to Carbon’s future success.”
According to Jim Goetz, Partner at Sequoia Capital, “Carbon has cracked the code on 3D printing at scale, as evidenced by its impressive growth in implementation and products brought to market with companies such as Adidas, Ford, Lamborghini, and Riddell. They are truly delivering on their vision to provide the world’s first fully integrated digital manufacturing platform for high-volume production, and they are well on their way to transforming the 3D printing world.”
This entry was posted in 3D Print Biotechnology and Neuroscience., 3D Printers, Extruder, Scanners, and cost., 3D Printing challenges, Housing construction., 3D Printing hobby products and design., 3D Printing Ideas, Patent. Fans of the day., 3D Printing industry news., 3D Printing Market share., Managing health with 3D printing., SV3DPrinter.com Policy. and tagged Adidas, california, carbon, Carbon’s fundraising now more than $680 million, Dr. Joseph DeSimone, Ford, Greg Penner, healthcare, Jim Goetz, Lamborghini, Madrone Capital Partners, Redwood City, Riddell, Sequoia Capital, Walmart.