As per reports, North America 3D Printing market is expected to garner $5.01 billion by 2022, registering a CAGR of 20.1% during the period 2016-2022. The development of customized complex products using a wide range of materials drives this market. Higher accuracy, reduction in production cost and time coupled with minimized human error supplement its growth.
A wide variety of 3D printers are available in the market based on different technologies. Stereolithography, fused deposition modeling, selective laser sintering, laminated object manufacturing, and electron beam melting are some of the technologies used for 3D printing. Stereolithography-based 3D printers accounted for a major share of the North American 3D printing market, constituting 33.2% of the total market revenue in 2015. The use of these printers for designing models and molding patterns has increased owing to their high accuracy and better surface finish.
