3D printers will increasingly be used to manufacture direct production parts and finished goods in a variety of applications.
3D printing, also known as additive manufacturing, allows solid objects to be built from a series of layers using plastic, metal, or other materials. This technology can thereby produce sophisticated structures with greater flexibility and efficiency and less waste compared to traditional manufacturing techniques, which require longer setup times and higher material and labor costs.
High demand for machines in manufacturing sectors ranging from auto making to packaging are expected to push the industrial machinery market to new heights during the next five years.
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