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World market development for 3D printers

Author

Listed:
  • Olga Viktorovna Mal'tseva

    (LLC “1C-SoftKlab”)

Abstract

There is hardly any industry in 2017 where the technology of 3D printing was not tried to be used, and now additive technologies is one of the major global trends, which changes the entire economics of production. It is expected that the global 3D printer market will grow from 1.8 billion dollars in 2016 to 6.4 billion dollars in 2020. In Russia the volume of the 3D printing industry is 2% of the world market, and the Russian inventors now on the wave of the import substitution are increasingly displacing foreign companies from the market, producing equipment cheaper and with the same print quality.

Suggested Citation

  • Olga Viktorovna Mal'tseva, 2018. "World market development for 3D printers," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 9, pages 88-97, September.
    • Handle: RePEc:alq:rufejo:rfej_2018_09_88-97
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