Press release
3D Printing Metals Market 2020 Global Rising Demand, Trends and Growth -Arcam AB, ExOne GMBH, 3D Systems Corporation
The report titled "Global 3D Printing Metals Market" provides an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, challenges, and opportunities prevailing in the industry. The report provides an extensive insight into various forms of developments, trends and key participants.Study Scope
The global 3D Printing Metals market is valued at US$ 2467.1 million in 2020 is expected to reach US$ 26310 million by the end of 2026, growing at a CAGR of 39.8% during 2021-2026. This Report presents historical demand data for 2014-2019, and forecasts for 2020-2025 by product (e.g., Titanium, Nickel, Textiles, Steel, Aluminum, Others), Applications (Aerospace & defense, Automotive, Medical & Dental).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles major industry competitors, including Arcam AB, ExOne GMBH, 3D Systems Corporation, Materialise NV, Renishaw PLC, Hoganas AB, Voxeljet AG, Carpenter Technology Corporation, Equispheres, GKN PLC, Sandvik AB, PLW Technology, Optomec Inc, Eos GmbH Electro Optical Systems, Concept Laser GmbH.
Exclusive up to 30% discount on this report
CLICK THE LINK TO GET A SAMPLE COPY OF THE REPORT: https://www.marketinsightsreports.com/reports/09091443477/global-3d-printing-metals-market-professional-survey-report-2019/inquiry?source=Openpr&Mode=19
3D Printing Metals Market segment by Regions/Countries, this report covers:
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
INDUSTRY INSIGHTS:-
-Metal 3D printing has been widely adopted by the aerospace & defense industry across major regions. Titanium and its alloys are mainly used in aerospace engineering applications such as manufacturing of engine components as they offer high strength, are lightweight, and provide superior resistance to corrosion. Due to bio-compatibility, they are also used in biomedical applications such as orthopedic and dental implants as well as artificial knee and hip replacement surgeries. Titanium metal offers greater durability in terms of speed, accessibility, and affordability and is thus preferred in metal 3D printing activities for critical applications.
-North America dominated the market share and is expected to display CAGR over 30% in terms of revenue. The presence of bigger companies that can afford 3D printing technology and early adoption of the technology are expected to propel the growth of the 3D printing metals market across the region.
-Recent changes in the policies across the U.S. is expected to be favorable for 3D printable material growth. Policies to increase investment in defense and manufacturing sector are likely to fuel the demand of the market. Increase of R&D in the market across the region is further expected to drive the product development.
-Asia Pacific is anticipated to witness significant growth, driven by rapidly growing manufacturing sector and high economic development in China, India, and South East Asian countries. However, high initial capital to adopt the technology is likely to restrain demand for 3D printing metal markets.
-China is expected to record high growth in utilizing the technology in the automotive industry. The economy being one of the largest manufacturers of automotive is likely to support the development of the product. Favorable government regulations are expected to bolster the market further across the economy.
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WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global 3D Printing Metals Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Browse Related Reports:
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https://www.marketinsightsreports.com/reports/04121978137/global-3d-printing-polymer-materials-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries/inquiry?Mode=19
Global 3D Printing Ceramics Market Research Report 2015-2027 Of Major Types, Applications And Competitive Vendors In Top Regions And Countries
https://www.marketinsightsreports.com/reports/04121989935/global-3d-printing-ceramics-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries/inquiry?Mode=19
Global Non-Metal 3D Printing Market Research Report 2015-2027 Of Major Types, Applications And Competitive Vendors In Top Regions And Countries
https://www.marketinsightsreports.com/reports/04121980272/global-non-metal-3d-printing-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries/inquiry?Mode=19
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply-chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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