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The 3D Printing Market Is Expected To Grow To $16.2 Billion In 2018
Sep 25, 2018

If you think 3D printing is a fad, you're dead wrong.The latest forecasts suggest the burgeoning industry will reach tens of billions of dollars over the next four years.

With the rapid development of 3D printing, its market size is expected to reach $16.2 billion in 2018.

According to a new report by market research firm analysys international, the entire 3D printing market, including 3D printing equipment and parts and services, reached $2.5 billion in 2013 and is expected to break the $3.8 billion mark in 2014.Though it's a very fast growing market, it's "still in its infancy," said Tim shaffed, a senior analyst at analysys international.

'in the next few years, we're going to see more big brands coming into this market, including companies like hewlett-packard,' says Tim shaffed.With the lowering of the threshold, the emergence of new application cases, the continuous improvement of technology and the continuous increase of participants, this market will change dramatically in the next few years.

According to analysys international, global sales of 3D printers rose 109 percent in 2013 from the previous year to $711 million and are expected to grow 79 percent to $1.3 billion this year.