India's 3D printer market set to cross $62 million by 2022

KOLKATA: India's 3D printer prototyping and materials market is projected to reach over $62 million by 2022 which is a nascent concept with several start-ups foraying into the segment, as per latest research by 6Wresearch. 

The research said the market is gaining grounds in applications pertaining to education, medical, arts and architectural, and even in industrial and manufacturing applications. 

Rajat Kharbanda , senior consultant (research and consulting) at 6Wresearch, said architectural, education, arts, automotive, fashion and consumer electronics are the leading applications for 3D printer prototyping market, wherein consumer electronics presently accounts for major share. In addition, automotive and industrial end users are increasingly opting for high-end 3D printers, he said.

Media Courtesy : Economictimes Indiatimes