• Advertise
  • Subscribe
  • Magazine
  • About the magazine
  • Latest News
  • Interviews
  • Events
  • Features
  • Case Studies
  • New Products
  • Innovative Concepts
  • Blog
  • Sign Up
  • Log In
Menu
SIGN & POP
  • ADVERTISE
  • SUBSCRIBE
  • MAGAZINE
  • About the magazine
    • About
    • Advertise
    • Subscribe
  • Latest News
  • Interviews
  • Features
  • Case Studies
  • Events
  • New Products
  • Blog
  • Sign Up
  • Log Iin

3D Printing Market is Surging and is Expected to Hit 29$ Billion Mark in the Next 3 Years

  • Share on Facebook
  • Tweet
  • Share on LinkedIn
  • Send email
13-12-2017 05:12 AM International

According to market reports to the Worldwide Semiannual 3D Printing Spending Guide from International Data Corporation (IDC), purchases of 3D printers, materials, software, and related services have increased worldwide. In 2016, it amounted to a total of $13.2 billion approximately and by 2020 global spending on 3D printing will experience a five-year compound annual growth rate (CAGR) of 22.3 per cent with revenues reaching $28.9 billion. A quarter of the revenue is expected to be generated from the United States market, and Western Europe, Japan and rest of Asia Pacific region will contribute upside of 50 percent of the total revenue. The Middle East and Africa markets, including the Central and Eastern Europe Regions will exhibit the fastest growth.

Special segments in 3D printing like Dental printing, 3D printing for Medical Implants will rapidly grow and become one of the highest market shares. Automotive design, aerospace and defense part printing also has a lucrative potential. Purchasing of 3D printers and materials will generate nearly two thirds of total worldwide revenues. The Worldwide Semiannual 3D Printing Spending Guide is the Bible for 3D printing. It provides information on various 3D printing hardware, materials, software, and services.

Post navigation

<< Previous Previous post: Azon from Croatia Enters Wide-Format Matrix Market
Next >> Next post: VersaUV LEF-200 Benchtop UV Flatbed Printer is Roland’s Much Awaited New Lineup


More News

Media Expo Mumbai Opens Today featuring innovations across signage, printing and advertising to Digital OOH and more
HP launches the all-in-one compact HP Latex R530 Printers in India
Live-vehicle branding workshop and line-up of expert led sessions at Media Expo Mumbai 2025
HP Unveils Game-Changing All-in-One Latex Printer in India, Setting a New Standard for Sustainable, Versatile Printing
Shaping the Future of Work: HP Amplify 2025
Texas’ Billboards at Border Spark Debate Over Immigration
VIEW LATEST ISSUE
SUBSCRIBE

Advertise

Enhance your reach. Get the maximum footprints to your target clients!

Advertise

Archive



Follow on Facebook
Follow on Facebook Follow on Twitter Follow on Instagram Follow on linkedin


MEX Exhibitions Pvt. Ltd. is an international exhibition company with a strong presence of over four decades in the advertising industry, over 27 years in publishing & 20 years in exhibitions. The company has produced more than 100 market-leading trade exhibitions for various segments in addition to publishing various magazines & advertising trade directories of repute. Successful exhibitions are conducted all over India, Dubai, Singapore and Thailand.

  • Webinars 2020
  • Resources
  • Contact
  • New Products
  • Case Studies
  • Latest News
  • Events
  • Innovative Concepts
  • Magazine

    MEX Exhibitions Pvt. Ltd.

    Address: 9 LGF, Sant Nagar, East of Kailash
    New Delhi-110065, India

    Tel: + 91-11-46464848

    Email id: info@mexexhibits.com

    Website: www.mexexhibits.com

    Follow on Facebook Follow on Twitter Follow on Instagram Follow on linkedin
© 2023 SIGN & POP. All Rights Reserved.
Back to Top
×

To read full magazine,
Log in or Sign up

Mail This Article

Error: Contact form not found.