openPR Logo
Press release

3D Printing Metal Market Global Trends, Analysis and Forecast 2017-2027

05-27-2018 11:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

3D Printing Metal Market Global Trends, Analysis and Forecast

3D printing metal is also referred to as metal additive manufacturing. This is a manufacturing technology used for the production of complex structures and smaller designs. The introduction of 3D printing metal has helped manufacturers to design and develop complex structures with ease which would have not been possible without the use of conventional manufacturing techniques. 3D printing metal is a manufacturing technology in which manufacturing is done layer by layer and hence, the accuracy of the production is also increased to a higher level.

This technique, most commonly, requires only metal powder which can be used to manufacture various parts and components as per the requirement of the producers. There are special machines which are capable of manufacturing such complex structures. However, they must be operated under human supervision. The use of powder metals for the manufacturing of products has enabled manufacturers to use several types of metals and their alloys. Thus, the permutation and combination of several metals has enabled industries to produce products which are more durable, economical and suitable to be used for various industrial and commercial applications.

This additive manufacturing process collects the powder in the reservoir and then, according to the need, it deposits the metal powder on the manufacturing bed to form layers of the product. These layers usually have a thickness ranging from 20 µm to 100 µm. Once the layers are properly placed and distributed, they are either bound together (known as 3D printing) or melted using a high energy beam. In the second case, the bean source is ideally one high energy laser, but many systems use two or more lasers with varying power standards under the inert gas environment. The most commonly used processes are Laser Cusing, Selective Direct Metal Laser Sintering (DMLS) and Laser Melting (SLM). The lone exemption to this process is the Electron Beam melting (EBM) process which operates in full vacuum condition with the electron beam. The melting process is repeated layer by layer, slice by slice, until the last layer is melted and the full products are complete. Then it is removed from the powder bed and post processing is done according to the product requirements.

Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-2858

When combined with powerful and modern tools that optimize analysis and simulation process to generate an optimal design solution, such technologized tools are able to design tools which produce perfect, lightweight designs that are functionally accurate and optimized for production via. 3D printing or additive manufacturing. The resulting parts do not only take a reduced amount of time to design, but are also lighter and significantly stronger than part designs that are manufactured using conventional manufacturing methods.

Owing to these enhanced properties, 3D printing metal has abundant applications in the automotive, aerospace, construction, defense and medical industries. 3D Printing Metal market is anticipated to grow in all the industrial and manufacturing sectors owing to its growing applications in lightweight engineering products. The 3D Printing Metal market is estimated to grow since the regulatory authorities are pressing the manufacturers to use products which are more ecofriendly and use minimum amount of natural resources during the production process.

3D Printing Metal Market has a lot of scope in research and development division since the researchers and scientists are coming up with new metal and softwares which are more efficient and economical. Space constraint is becoming an important factor for the manufacturers now, they are opting for more light and spacious products, which in turn, is expected to fuel the growth of the 3D Printing Metals market in the consumer goods sector. The market for the 3D Printing Metal is anticipated to grow at a healthy CAGR in the coming future. Furthermore, the growing applications of the products manufactured by 3D printing in commercial and industrial sectors is expected to propel the growth of the overall 3D Printing Metal market in the near future.

3D Printing Metal Market segmentation By Raw Material: Powder, Filament; On the basis of Manufacturing Process: Direct Metal Laser Sintering (DMLS), Laser Melting (SLM), Others; On the basis of End Use: Aerospace & Defense, Defense, Engineering and industrial, Power, Medical & Dental, Others

3D Printing Metal can be divided into seven different geographical regions/divisions — North America, Latin America, Western and Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, Middle East and Africa. The North America and European countries have presence of all industrial and commercial sectors alongside the existence of globally prominent players, which is a boon for the 3D Printing Metal market in these regions. The rapid industrialization in the Asia pacific region, especially in China and India, is estimated to fuel the growth of the 3D Printing Metal market.

Industries and manufacturers are striving to reduce scrap rates in their operating plants and with the use of 3D printing metal technology, they are also efficiently doing it. Thus, the market is anticipated to grow in the near future. The use of 3D printing metal products in the consumer goods is becoming easier and economical owing to the new inventions and advances being made in this technology. Therefore, it is expected that the 3D Printing Metal market will see rapid growth in all the developed and developing countries in future.

Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-2858

3D Printing Metal Market Participants 3D Systems Corporation, Arcam AB, EOS GmbH Electro Optical Systems, Optomec Inc., Voxeljet AG, GKN Plc, Sandvik AB, Renishaw Plc, Carpenter Technology Corporation, Renishaw Plc, LPW Technology

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 3D Printing Metal Market Global Trends, Analysis and Forecast 2017-2027 here

News-ID: 1062962 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Metal

Metal Polishing Services Market Research Report 2020 Analysis: Enhanced Growth a …
Metal Polishing Services Market Global Metal Polishing Services Market is providing the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, type, regions and numerous applications. By using the report consumer can recognize the several dynamics that impact and govern the market. For any product, there are several companies playing their role in the market, some new, some established and some are planning to
Metal Detector Market Global Outlook Report 2019-2025 | Industry Key Players - F …
Premium Market Insights has Published New Market Research Report on – “Metal Detector Market – Global Industry Share, Size, Overview, Trends, Growth and Forecast by 2019 - 2025.” Metal Detector Market research report is an expert compiled study which provides a holistic view of the market covering current trends and future scope, trend, Comprehensive Analysis, demand, growth opportunities and outlook with segmentation by product/service, type, application, geography / region and top
Global Metal Polishing Services Market 2019 Top Manufacturers are Metal Polishin …
Global Metal Polishing Services Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 released by marketandresearch.biz is a momentous study which delivers a primary overview of the Metal Polishing Services industry covering historic switch, current status, and future projection of the market. This report has the ability to increase significant market worldwide by offering noteworthy knowledge of the market with global market structure, industry environment, growth prospects, and
Worldwide Recycled Metal Market By Metal 2024 | Nucor, Steel Dynamics, Schnitzer …
The 2018-2024 report on global Recycled Metal market explores the essential factors of Recycled Metal industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts. North America recycled metal market was estimated close to USD 8.5 billion in 2017. This is mainly attributed to strong presence of transportation, electrical & electronics and defense industry which majorly constitute to the overall product demand. Moreover, strict laws formulated
Metal Recycling Market 2018 | Sims Metal Management, Metallon Recycling, Europea …
This report studies the global Metal Recycling market status and forecast, categorizes the global Metal Recycling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1839245 ' ' The global Metal Recycling market is valued at xx million
Metal Recycling : Global Market Report (2018-2025) – Metallon Recycling, Europ …
Qyresearchreports include new market research report “Global Metal Recycling Market Research Report 2018” to its huge collection of research reports. The major manufacturers covered in this report Sims Metal Management Metallon Recycling European Recycled Metal TOTALL Metal Recycling K&K Metal Recycling A&S Metal Recycling TKC Metal Recycling Smith Iron & Metal Metso Benton Metal Recycling DBW Metals Recycling Kirby Metal Recycling OmniSource Corporation Schnitzer Steel Industries Nucor Corporation Get PDF for more Professional and Technical insights @ https://www.qyresearchreports.com/sample/sample.php?rep_id=1802914&type=S Geographically, this report studies the top producers and consumers, focuses