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The Global 3D Printer Market Will Post a CAGR of 42.44 Percent from 2014-2019: TechNavioTechNavio has announced the publication of its market research report on the Global 3D Printer Market, which is expected to grow at a CAGR of 42.44 percent from 2014-2019. About the Report The Global 3D Printer Market is being stimulated by an increase in 3D printing among entrepreneurs and regular consumers. Reduction to the cost of 3D printers has made this solution more accessible for small businesses and consumers, who were previously unable to afford this expensive technology. "3D printing has sparked innovation and creativity in different fields, which has enabled the creation of customized items ranging from toys to artificial limbs and organs," says Faisal Ghaus, Vice President of TechNavio. "The new technology has facilitated entrepreneurs to bypass other expensive manufacturing processes and take a product idea directly to the market, which is expected to drive the overall market growth during the forecast period." Furthermore, the automotive sector is opening huge growth opportunities for the 3D printer market. Many manufacturers are shifting from traditional production tehniques to highly customizable 3D printing manufacturing, so as to easily build functional parts and prototypes, which ultimately contributes to a better brand image. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the 3D printer market: If you are interested in more information, please contact our media team at [email protected].
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