The 3D printing market size reached US$ 14.7 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 68.8 Billion by 2032, exhibiting a growth rate (CAGR) of 18.7% during 2024-2032.
3D printing, or additive manufacturing, is a production method that constructs three-dimensional objects by incrementally adding material layer upon layer. It begins with a digital 3D model of the object, typically designed using computer-aided design (CAD) software. The 3D printing market has witnessed consistent growth, finding diverse applications in sectors like aerospace, automotive, healthcare, and consumer products. With advancing technology and cost-effectiveness, this market is projected to maintain its upward trajectory.