According to Research and Markets, India's 3D printer prototyping & materials market is projected to reach over $62 million by 2022.
A 3D printer is a device that creates objects by using technologies such as stereolithography, selective laser sintering, fused deposition modelling, multijet modelling or polyjet technology and with materials like ABS, PLA, PC, resins, powders or other suitable materials.
Research and Markets noted that in Indian market, 3D printer prototyping is an emerging concept, where in last few years several start-up companies have emerged across the country.
3D printer prototyping service market is expected to gain momentum through the forecast period primarily due to application areas namely, education, medical, arts, accessories and architectural.
However, the trend is now rapidly shifting towards industrial & manufacturing application owing to growing awareness and declining prices for industrial 3D printers.
