The global 3D printer market is anticipated to increase by USD 30.00 billion during the forecast period from 2023 to 2028, achieving a remarkable CAGR of 23.16%. A primary driver of this growth is the rising consumer interest in custom 3D-printed products. Additionally, expanding investments in additive manufacturing are contributing to the industry’s expansion. Companies are focusing on reducing time-to-market through the implementation of virtual inventories. The demand for innovative materials and the rise in outsourcing 3D printing services further amplify market opportunities. Despite these trends, obstacles like high training costs, insufficient raw material availability, and limited in-house resources hinder progress. Technavio’s report analyzes past market performance from 2018 to 2022, providing a detailed outlook on future trends.

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