Industry Analysis & Industry Trends
3D printing and rapid prototyping has evolved since its introduction in the late 1980s. In recent years, technological advances and growing demand from companies have boosted industry revenue. Despite some difficult times during the recession, the industry has largely recovered, and operators have seen positive average growth over the five years to 2014. Over the next five years, as prices decline, demand and profit margins are expected to expand, even in the face of increasing competition in this growing industry.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The 3D Printing and Rapid Prototyping Services industry is growing at a rate that consistently surpasses that of the overall economy. Over the 10 years to 2019, industry value added, which measures an industry's contribution to GDP, is expected to grow at an average rate of 14.5% per year, while GDP is expected to grow an average of 2.7% per year.
The industry's growth has largely been driven by rapid technological progress, which has increased the number of applications for industry products and lowered average product prices. These factors have encouraged new downstream industries and more customers to purchase industry products. 3D printing services are being used to create customized medical devices that more accurately replicate the human form... purchase to read more