Industry Analysis & Industry Trends
3D printing and rapid prototyping has evolved since its introduction in the late 1980s, especially in more recent years as technology advances and companies demand more of these services. Despite some hard times during the recession, the industry has largely recovered and seen positive average growth since 2007. As prices decline and a greater variety of materials is used, demand will likely expand. Profit margins are expected to expand, even in the face of increasing competition in this growing industry.... purchase to read more
Industry Report - Industry Analysis Chapter
3D printing is a form of additive manufacturing, which involves taking a raw material and melting it into microscopic layers until it creates a three-dimensional (3D) object. It differs from subtractive manufacturing, which removes material from an object to achieve a desired shape. While the 3D printing industry is nearly three decades old, the 3D Printing and Rapid Prototyping services industry has witnessed demand for 3D printed products and its services gather speed over the past few years. The industry has been driven by rapid technological developments, falling costs and new applications for 3D printing technology.
Despite aggressive long-term growth rates, the industry had a bumpy ride navigating through the recession... purchase to read more