Global Additive Manufacturing Market Worth US$3.5 billion by 2017

A a new market research report suggests that the global additive manufacturing (AM) market is expected to grow at a CAGR of 13.5% from 2012 to 2017 to reach US $3,471.9 million by 2017.

The report, entitled “Global Additive Manufacturing Market (2012 - 2017)” is published by MarketsandMarkets.

A large number of technological innovations in additive manufacturing procedures have been witnessed in the past years, the report suggests. “Newer technologies are coming up with rapid and accurate development of products in a cost-effective manner, contributing to encourage widespread adoption of the additive manufacturing procedures by manufactures worldwide,” the company says.

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