Yahoo Finance

Exciting news for 3D printing investment

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Exciting news for 3D printing investment. As MakerBot’s said in the 2020 3D Printing Trends Report. Aerospace, Automotive, Consumer Goods, Military & Defense, Medical/Dental, Industrial Goods companies are using 3D printing.
AS per yahoo finance news, altogether there will be 74% of respondents are planning to invest in 3D printing technology in 2021, with 50% planning to spend up to $100,000.
These kinds of investments show confidence in 3D printing’s ability to transform business operations.
3D printing future investment plans growing interesting in 3D printing technology for greater utilization.

The global 3D printing materials market

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What will the impact on the 3D printing market by 2025?

As reported by Yahoo Finance, “The global 3D printing materials market will grow at a CAGR of 20.7% from 2019 to 2025 to reach $4.03 billion by 2025.

The global 3D printing materials market is majorly driven by the factors such as high demand for 3D printed body and spare parts from automotive and aerospace & defense industries, growing demand for 3D printed prosthetics and dental implants, rising investments from private and government organizations in 3D printing projects, and growing demand for 3D printed consumer products and electronics components. However, the high cost of 3D printing materials may obstruct the growth of this market to some extent.”

3D Printing Materials Market Report 2020: Insights by Type, Form, Application, and Geography (2019-2025) – ResearchAndMarkets.com