![]() After all, it provides access to materials that are fit for use in a wide array of products. Needless to say, 3D printing technology is much in demand. However, 3D printing does cut the amount of storage space needed and in turn brings down storage costs. Several manufacturing industries also need a lot of storage space to keep parts and products. But, 3D printing only uses the required amount of materials to create a product, implying minimal waste. Manufacturing methods, by the way, result in high waste. 3D printing has, undoubtedly, trimmed machine, material and labor costs. After all, 3D printing has revolutionized the manufacturing process by which an object is printed from a digital image or three-dimensional computer model. While a lot more volatility awaits the space, growth projections for the 3D printing industry are alluring. ![]() This is in sharp contrast to the scenario of 20, when 3D printing stocks took a beating due to tepid demand. 3D printing stocks collectively surpassed the broader equity market last year, and have maintained the lead so far this year. ![]()
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