3D Metal Printing Machines Market Size and Forecast to Grow at a CAGR of 26.80% By 2021

MarketResearchReports.Biz adds “Global 3D Metal Printing Machines Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the 3D Metal Printing Machines and the growth estimates for the forecasted period.

3D printing is the technique of printing an object using additive processes that involve laying down of successive layers of material for creation of an object. The object so created can be thinly sliced into a horizontal cross-section for viewing the different layers. Before a structure is printed, its model is prepared on a software. The model is then divided into thousands of horizontal layers by a process called slicing. These slices are then fed into a 3D printer and the structure is printed. 3D metal printing is gaining popularity as metals offer a unique combination of properties to suit different applications. The advantage of using this technique is that it does away with a majority of the wasteful process. For instance, almost 90% of material is put to waste when aircraft is manufactured. The 3D metal printing technique uses less energy and reduces waste. Moreover, the structure so created is almost 60% lighter in weight.

Technavios analysts forecast the global 3D metal printing machines market to grow at a CAGR of 26.80% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global 3D metal printing machines market for 2017-2021. To calculate the market size, the report considers demand for 3D metal printers from various end-users.

The market is divided into the following segments based on geography:

the US,

China,

Germany,

Japan,

others

Technavio's report, Global 3D Metal Printing Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

3D Systems

Arcam

EOS

Renishaw

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Other prominent vendors

EnvisionTEC

ExOne

Materialise

Sciaky

SLM Solutions

Stratasys

Market driver

Demand from the expanding automotive industry

For a full, detailed list, view our report

Market challenge

Fluctuating metal prices

For a full, detailed list, view our report

Market trend

Increased investments in the aerospace and defense sector in APAC

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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