by 2030, SkyQuest analysis projects that sales will increase at a respectable CAGR of 20.38%.
The estimated 0.8 million 3D printers sold globally in 2015 rose to 1.5 million in 2019 and is predicted to reach 10 million by 2030.
The declining cost of these tools is a major factor boosting
the market growth for 3D printing.
The average cost of a consumer-grade 3D printer in 2014 was about $1,000.
The average cost of low-cost 3D printers has decreased to around
$400 in just two years, in 2016.