Additive Manufacturing with Metal Powders Market to cross $1.1bn by 2024| GE, 3D Systems, EOS, Pratt & Whitney, Optomec, Renishaw, Arcam, ExOne and Trumpf

Global Market Insights, Inc. has launched a report on Additive Manufacturing with Metal Powders Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Additive manufacturing with metal powders market is forecast to generate a valuation of more than USD 1.1 billion by the end of 2024. The rising popularity of 3D printing and prototype practices for efficient and cost-effective product development will fuel additive manufacturing with metal powders industry share.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1783

Many of the companies have changed their design perspective for faster production and validation with the help of prototypes. Currently, most of the companies across myriad end-use domains have adopted this technology on large scale, which will serve to further impel additive manufacturing with metal powders industry outlook. The ongoing technological advancements in the 3D printing arena are also slated to have a considerable impact on product demand.

The aerospace sector is one of the most prominent application segments of additive manufacturing with metal powders market. Close to 20% of the aerospace companies use the additive manufacturing technology for developing turbine parts, engines, and interior components. With the help of effective designs, aerospace engineering companies are looking forward to manufacturing lightweight aircrafts by using metals such as copper, aluminum, and titanium. The increasing popularity of 3D printing and prototype technologies among aircraft production firms will also augment additive manufacturing with metal powders industry size over the years ahead.

Aluminum is one of the most extensively used materials in the additive manufacturing process deployed across the automotive sector. Additive manufacturing with metal powders market size from aluminum is forecast to register a CAGR of more than 27% over the coming timeframe, owing to the material's durability, weldability, and corrosion resistance, pertaining to which it is increasingly used for lightweight component production.

Regionally, UK additive manufacturing with metal powders industry will record an annual growth rate of more than 25% over 2017-2024, pertaining to the shifting trends toward adoption of 3D printing technology across the rapidly growing automotive sector. In fact, Electron Beam Melting (EBM) and Laser Engineering Net Shape technologies are prominently used across this region for developing complex geometrical parts of aircraft and automobiles.

Partial Chapter of the Table of Content:

Chapter 3 Additive Manufacturing with Metal Powders Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013-2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/partnerships
3.3.2.2 Distributors
3.3.2.3 Service providers
3.3.2.4 Technology providers
3.3.3 Profit margin analysis
3.4 Pricing analysis
3.4.1 Regional pricing analysis
3.4.2 Cost structure analysis
3.5 Technology landscape
3.5.1 Powder bed fusion
3.5.2 Blown powder
3.5.3 Binder jetting
3.6 Technology comparison
3.7 Powder Characteristics
3.8 Regulatory landscape
3.8.1 ASTM International
3.8.1.1 ISO / ASTM52910 – 17: Standard Guidelines for Design for Additive Manufacturing
3.8.1.2 ASTM F2924 - 14: Standard Specification for Additive Manufacturing Titanium-6 Aluminum-4 Vanadium with Powder Bed Fusion
3.8.1.3 ASTM F3001 - 14: Standard Specification for Additive Manufacturing Titanium-6 Aluminum-4 Vanadium ELI (Extra Low Interstitial) with Powder Bed Fusion
3.8.1.4 ASTM F3049 - 14: Standard Guide for Characterizing Properties of Metal Powders Used for Additive Manufacturing Processes
3.8.1.5 ASTM F3187 - 16: Standard Guide for Directed Energy Deposition of Metals
3.8.2 Europe Union Horizon 2020 Programme (H2020)
3.8.3 ISO Standards
3.8.3.1 ISO 17296-4:2014
3.8.3.2 ISO/ASTM 52901:2017
3.8.4 China
3.8.4.1 China Food and Drug Administration (CFDA)
3.8.4.1.1 Introduction
3.8.4.1.2 Application
3.8.4.1.3 Product testing
3.8.4.1.4 Evaluation
3.9 Industry impact forces
3.9.1 Growth drivers
3.9.1.1 North America: Technological advancements in medicine industry
3.9.1.2 Europe: Enhanced application scope in automotive and aerospace sector
3.9.1.3 Asia Pacific: Government initiatives to enhance additive manufacturing technology
3.9.1.4 MEA: Replacement of conventional technology in oil & gas exploration and production activities
3.9.2 Industry pitfalls & challenges
3.9.2.1 Technological limitation
3.9.2.2 Intellectual property issues
3.10 Innovation & sustainability
3.11 Growth potential analysis, 2016
3.11.1 Emerging business model
3.11.1.1 Collaboration/Joint ventures
3.11.1.2 Acquisitions
3.11.1.3 New product launch
3.11.1.4 Contract manufacturing
3.12 Porter’s analysis
3.13 Competitive landscape, 2016
3.13.1 Company market share analysis, 2016
3.13.2 Strategy dashboard
3.14 PESTEL analysis

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1783

Strategic partnerships and joint ventures will continue to remain principal growth tactics for most of the players in additive manufacturing with metal powders market. Leading giants such as Renishaw, 3D Systems, Trumpf, Pratt & Whitney, GE, ExOne, Optomec, EOS, and Arcam have been striving to extend their business reach across numerous geographies, augmenting additive manufacturing with metal powders industry.

Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.a
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.