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Global 3D market to be doubled by 2024?

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According to StockApps, by 2024, the global 3D market is going to be $25 billion market, double the present market value.

In 2021, the 3D printing market revenue was expected to be nearly 40%, $17.6 billion.

According to statistics, “the strong upward trend will continue in the following years, with sales increasing by 43 percent by 2024. By 2026, the entire sector is expected to reach a value of $37.2 billion.”

Sculpteo’s State, found that in 2021,

  • Most popular use case of 3D printing for 60% of respondents in R&D.
  • 52 percent of companies used the technology for mechanical parts.
  • 32 percent of companies use 3D printing for industrial tooling.
  • 27 percent use it for spare parts. 
  • 36 percent of respondents said accelerating product development is one of the top reasons for using AM
  • 23 percent of the company invested more than $100,000 in 2020.

Source: Industry of Things (industry-of-things.de)

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