Global 3D Printing Market Will Grow with CAGR of 20.1% - Industry Research, Share, Size, Analysis, Growth
The Global 3D Printing market accounted for $2.89 billion in 2014 and is expected to reach $12.53 billion by 2022 growing at a Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period 2014 to 2022. The factors driving the market include high degree of precision, ability to build customized products, and competency over traditional techniques, etc. However, higher production cost, expensive 3D printing software, shortage of skilled labor and inability to manufacture massive outputs are inhibiting the market...
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