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The 3D printing industry globally passed the $1-billion mark in 2012 and continues to grow at 22.4 per cent annually. 3D printing can be applied to diverse range of industries and is especially useful in the manufacturing process where a lot of detailing is required
Rise in shipments
2.3 million 3D printers will be shipped in 2018 versus 1,30,000 shipped in 2014
Prices to drop
More than four out of five 3D printers shipped in 2018 will cost under $2,500
Printed products to drive revenues
In 2018, more than $13 billion will be spent on 3D printers and 3D printing material
Metal 3D printing a high growth area
Metal 3D printing experience 75.8 per cent annual growth in 2013 and is till in it infancy
Consumer application
- An average 3D printer for consumer starts from $1,000
- The markets for best use of consumer application are education and toy sector
Source: By Enda O 'Reilly, director, Needa.ie; Link: http://www.needa.ie/Shredders/s/Small-Office-Shredders
