3D Printing Is A Billion Dollar Industry [Infographic]
It’s a statement that I’ve said many times, but it still bears repeating – 3D printers are amazing. People are using 3D printers to innovate in just about every field imaginable. The technology could one day be used to save your life with an artificially created kidney, or it could just be a way to provide your child with the care they need.
Those are just some examples of what 3D printing can do, but how exactly is the market for 3D printing going to evolve over the years? A lovely infographic from the fine folks at HighTable shows that the 3D printing industry is worth $1.3 billion at this very moment. It’s expected to grow to $.52 billion by 2020. That’s a 300 percent growth.
It also points out that 3D printing companies are already going public. Their share prices are actually doing quite well with Stratasys having the highest publicly traded amount of $66. As 3D printing becomes more mainstream, we can expect more companies to emerge and go public.
As we move further into the future, it will be exciting to see how 3D printing develops. Some people even believe that 3D printers can usher in the existence of a post-scarcity economy. It’s too early to tell at the moment, but people can dream, right?