Tuesday, October 11, 2016 3:32:04 PM
A stunning report from United Parcel Service (UPS) and the Consumer Technology Association forecasts that the still nascent 3D printing market which has grown at 30% year-over-year previously could explode to $21 billion per year by 2020. The detailed report paints a tremendously bright future for a 3D printing market that includes machines, materials and printing services
The new study is called “3D Printing: The Next Revolution in Industrial Manufacturing" (Source: http://bit.ly/1NkNzuG)
3D printing is seen by many to be the next-big-thing in manufacturing, a revolutionary way to design and create new goods. For those coming late to the discussion, 3D printing is a process for making a physical object from a three-dimensional digital model, typically by laying down many successive thin layers of a material.
The possibilities are nearly endless, even mind-shattering. Consider that in a Forbes article from three years ago, the business magazine reported that 3D painting has been used to make replacement organs for transplant patients. (Source: http://bit.ly/2d3hfzX) One must wonder what expectations are now, three developmental years later.
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