
3-Dimensional (3D) printing, also known as additive manufacturing, is a technology that involves a layer-by-layer addition of material to form an object with the usage of a 3-dimensional printer. It represents a state-of-the-art method of product development and production.
According to Mordor Intelligence, the global 3D printing industry is estimated to hit $63.46 billion by 2026, growing at a CAGR of 29.48% during the forecast period. 3D printing is gaining acceptance in various industries, including healthcare, automotive, aerospace, and defense.