3D printing industry to be worth $20bn by 2025, states IDTechEx report

Growth will be down to 'improvements in existing printing technologies'.
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The 3D industry is set to grow from $1bn in 2012 to $20bn in 2025, according to a report from IDTechEx.

The report, titled 3D Printing 2015 - 2025: Technologies, Markets, Players, predicts the growth will be down to 'improvements in existing printing technologies and the development of completely new technologies'.

The medium is in its infancy with regards to the toy sector, but the IDTechEx report states that the oil and gas industry, an emerging user of 3D printing, boasts the highest forecast growth, followed by the aerospace industry.

IDTechEx has been tracking the 3D printing industry for years and all of the firm's information is collated in comprehensive databases of manufacturers, service bureaus and printers.

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