Metal 3D Printing Market Anticipated to Reach $738.8 Million by 2025

According to a new market intelligence report by BIS Research titled “Global Metal 3D Printing Market - Analysis and Forecast, 2019-2025”, the global metal 3D printing market is expected to reach $738.8 million by 2025. The market is projected to grow at a CAGR of 24.41% during the during forecast period.

Read Metal 3D Printing Market Report Preview: https://bisresearch.com/industry-report/metal-3d-printing-market.html

Majority of the demand for metal 3D printing has been witnessed to arise from the aerospace and defense sector, followed by the healthcare. In aerospace and defense sector, the increased adoption has been primarily toward the development of complex parts of gas turbine engines and some lightweight structural components through this technology.

The healthcare has witnessed the adoption for the development of human implants. In the recent times, amidst COVID-19 pandemic, there has been increased use of metal 3D printing for the development of essential items, such as ventilator parts and development of copper components capable of killing coronavirus to 99.6% in just five hours. As a result, the technology is expected to be growing at a healthy rate in the coming years.

According to Arpit Benjwal, Principal Analyst at BIS Research, “Among the different types of metals/alloys, aluminum alloys are expected to gain traction in the market during the forecast period. The exceptional in-house capability of producing high-quality metal objects in quick time without much dependence on the supply-chain of raw materials, is expected to drive the market for metal 3D printing in the coming years.”

This report is a diligent compilation of research on more than 29 players in the global metal 3D printing market. It draws upon the insights from in-depth interviews with the key opinion leaders of more than 29 leading companies, market experts, and vendors. The report also profiles approximately 15 manufacturers, suppliers, and consumer.

The companies profiled in the report are Aubert & Duval, Carpenter Technology Corporation, DMG MORI, GENERAL ELECTRIC, HP Development Company, L.P., Intech Additive Solutions Pvt. Ltd., Linde, Materialise, Oerlikon, Renishaw plc, Sandvik AB, SLM Solutions, STRATASYS LTD., TRUMPF, and 3D Systems, Inc., among others.

Obtain the Sample Report of Metal 3D Printing Market: https://bisresearch.com/requestsample?id=920&type=download

Key Questions Answered in the Report:

 What are the trends in the global metal 3D printing market across different regions?

 What are the major driving forces that tend to increase the demand for the global metal 3D printing during the forecast period, 2020-2025?

 What are the major challenges inhibiting the growth of the global metal 3D printing market?

 What was the revenue generated by the metal 3D printing by end use in 2019, and what are the estimates by 2025?

 Which metals / alloys type (titanium, nickel alloys, steel, aluminum, Others (Copper and its alloys, tungsten, cobalt chrome-alloys, gold, silver) of the global metal 3D printing compound market is expected to dominate in the coming years?

 What is the consumption pattern of each material used in the global metal 3D printing market?

 Who are the key players in the global metal 3D printing market?

 What are the new strategies adopted by the existing market players to make a mark in the industry?

 What major opportunities do the metal 3D printing manufacturers foresee?

 What is the competitive strength of the key leading players in the global metal 3D printing market?

 What is the impact of COVID-19 on the business dynamics of metal 3D printing, both globally and region-wise?

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Bhavya Banga
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About BIS Research:

BIS Research (Business Intelligence and Strategy Research) is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we not only provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

This release was published on openPR.