3D printing metals market set for growth from 2018
Recent projections for the 3D printing metals market, based on growth drivers and constraints, have forecast that the industry will be worth $12 billion by 2028.
This figure is substantially higher than current valuations, showing just how important the technology will become.
After its initial commercialization in the late 1990s, the 3D printing market has enjoyed repeating yearly expansion.
The sector now comprises of multiple differing types and functions of printing technologies, each capable of providing products of different size, detail, usage, and importantly, material.
The increasing variation and resultant applicability of these products across differing industries is the core driver of the sector’s substantial growth. Current estimates predict a CAGR of 23% between 2018 to 2028, showing there are large and long-lasting financial opportunities for those willing to engage with the technology.
At Challenge Advisory, we have developed a deep industry experience of helping both start up and embedded 3D printing companies reach their goals. Our unique, multi-entry point service funnel allows us to address a wide range of challenges within the 3D printing market, implemented through specially tailored-strategies.