3D Printing Market to 2025 Forecast & Future Industry Trends |The In 3D Printing Market to 2025 Forecast & Future Indus | Page 2
3D Printing Market to 2025
Introduction
3D printing also referred as additive manufacturing (AM), is a technique used to create a 3D object from a digital
file. The 3D object is created by successive layering of material under computer control as additive process. Any 3D
geometrical shaped object can be prepared using this process. A virtual design of 3D object is made using software's
such as Computer Aided Design (CAD). From the year 2012, the 3D printing market got a global acknowledgement
and continued to spur the manufacturing and sale of 3D printing devices.
The high degree of accuracy of manufactured products from optimal use of raw materials is a major factor
bolstering the global 3D printing market. Using this technique, multiple materials can be employed for printing
same object allowing to customize the product. In addition, it provides ample of savings on tooling over the
traditional manufacturing techniques. A significant reduction in manufacturing cost and time can be achieved by
applying 3D printing technique in production along with efficient logistics management. Additionally, human errors
generated during development of an object can be minimized, thereby, delivering high quality output. The
throughput of products is expected to increase post-implementation of 3D printing technique in manufacturing
processes.
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