Manufacturing 3D Printer Market size was over USD 20.6 Billion in 2023 and is projected to cross USD 97.5 Billion by the end of 2036, growing at more than 16% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of manufacturing 3d printer is evaluated at USD 26 Billion.
The growing manufacturing of vehicles across the globe, driven by a rise in the market for customized cars, calls for a greater use of manufacturing 3D printers also referred to as additive manufacturing 3D printers utilized to develop and modify complex, organic designs that would be too difficult, or often impossible, to fabricate otherwise, as well as to build prototypes for testing.
As per the International Organization of Motor Vehicle Manufacturers (OICA), the estimated world vehicle motor production in the year 2023 was roughly 93546599 units.
Author Credits: Abhishek Verma
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