3D Printing Construction Market Size Worth $1.50 Billion By 2027: Grand View Research, Inc.
The global 3D printing construction market size is expected to reach USD 1.50 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 114.8% from 2020 to 2027. 3D Printing is also referred to as Additive Manufacturing (AM), as it involves the successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes build upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of material and the unnecessary material is ground out to obtain the desired object.