Additive Manufacturing Market Expected to Collect USD 23.75 Billion by 2027: 3D Systems Inc., EnvisionTEC, General Electric, and More
According to a new report by Reports and Data, the global Additive Manufacturing Market size is estimated to reach USD 23.75 billion from USD 8.35 billion in 2019, delivering a CAGR of 14.4% through 2027. The market growth is driven by expansive application scope in the automotive and aerospace industry. Technological advancement in metal 3D printing is aiding the production of lighter, safer, and cleaner products, which may offer lucrative growth opportunities for the additive manufacturing market.
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