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Because it is a simple and quick way of producing objects, 3D printing is expected to replace traditional manufacturing in many countries. It is cost-effective, and the technology is currently being used to produce parts for assembly. 3D printing, for example, can be used to create computer parts such as chips and automotive components.
3D printing technology has undergone significant technological advancement in recent years. These innovations are made with great precision and accuracy, which has increased the demand for 3D printing technology and related products.
According to Coherent Market Insights, the global 3D printing market is expected to be worth US$ 15,320.8 million by the end of 2027.
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Source:
https://www.coherentmarketinsights.com/market-insight/3d-printing-market-3940