3D printing, also known as additive manufacturing, is the process of creating 3D representations of digital pictures using specialized printing technology. A layering technique and Computer-Aided Design technologies are used to create the image. It’s just another technological breakthrough in the world’s history. By 2028, the global market for 3D printing is estimated to be worth $62.79 billion. The number of 3D printers shipped in 2020 was 2.1 million last year, and it is predicted to rise to 15.3 million by then. 3D printing is used by companies such as General Electric, The Boeing Company, Ford Motor Company, and Nike, Inc. The market for 3D printers has piqued the interest of investors such as Cathie Wood of Ark Invest.
Here is Insider Monkey’s list of the best 3D printing and additive manufacturing stocks to buy. Voxeljet AG is ranked 10th. The company’s revenue was $4.76 million during the quarter, with a gross profit margin of 30.07 percent. The 3D Printing ETF is ranked 9th. The fund’s price returns over the last year were 79 percent, compared to 10.4 percent for the S&P 500. Materialise NV is a medical software and additive manufacturing company. On the list of the best 3D printing and additive manufacturing stocks to purchase, the company ranks eighth. In the last year, materials increased by 0.70 percent. Autodesk, Inc. is ranked seventh. The company’s revenue was $989.30 million, up 11.7 percent year over year and $24.54 million higher than expected. Nano Dimension Ltd. is ranked sixth. The DragonFly lights-out digital manufacturing system is the company’s main product. In the last year, it has increased by 238.84 percent. For more details, click 10 Best 3D Printing and Additive Manufacturing Stocks to Buy.
