3D Printing of Metals Market Share: Global Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Forecast to 2027 - 3D Systems, Arcam AB, ReaLizer, Renishaw, Exone

The 3D Printing of Metals Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global 3D Printing of Metals Market Size is Projected to Reach at a CAGR of 33% during 2021-2027.

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Market Overview:

The powder form of metal can form high-density products with complex geometries, which are used to manufacture engine parts and components. These metal particles are majorly available in a spherical shape and the powder form affects the density and mechanical properties of the final product and assures the consistency of layers. Thus, the increase in the demand for 3D printed products with high-density and high strength has increased the demand for powder form. Metal 3D printing is used to print fuel nozzles and other critical engine components that require high precision and accuracy in the aerospace & defence industry. 3D printing reduces the overall weight of an aircraft and thereby the fuel consumption gets reduced. 3D printing metals are also used to manufacture specific brackets for satellites without altering the mould designs and manufacturing process. The increasing demand for critical engineering and fabrication applications in the aerospace & defence industry is driving the segment.

Top Leading Companies:

EOS GmbH, Concept Laser GmbH, SLM, 3D Systems, Arcam AB, ReaLizer, Renishaw, Exone, Wuhan Binhu, Bright Laser Technologies, Huake 3D, Syndaya

Recent Developments 

In November 2019, Renishaw plc collaborated with Sandvik Additive Manufacturing to qualify new additive manufacturing (AM) materials for production applications. These materials include a range of metal powders and new alloy compositions that can be optimized for the laser powder bed fusion (LPBF) process and superior material properties. With this collaboration, Renishaw plc developed new metal materials for 3D printing.

In July 2019, 3D Systems Corporation was awarded a contract worth USD 15 million from the Combat Capabilities Development Command Army Research Laboratory (ARL), to create the world’s largest, fastest, and precise 3D printer. This contract will increase the consumption of 3D printed metal parts & components in the aerospace and defence industry. The contract helped the company increase its product portfolio.
In March 2019, Stratasys Direct Manufacturing, a subsidiary of Stratasys, Ltd. expanded its Metal 3D printing production with VELO3D’s Sapphire 3D print system and Flow software. The expansion was done to meet the increasing demand for 3D metal products for several applications. This expansion helped the company meet the customer demand for 3D metal printed products in North America.

3D Printing of Metals Market Segmentation by Type:

Selective Laser Melting (SLM)
Electronic Beam Melting (EBM)
Other

3D Printing of Metals Market Segmentation by Application:

Automotive Industry
Aerospace Industry
Healthcare & Dental Industry
Academic Institutions
Others

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Asia Pacific projected to grow at the highest CAGR during the forecast period

By region, the Asia Pacific 3D printing metals market is projected to grow at the highest CAGR during the forecast period. China is currently estimated to be the largest market for 3D printing metals in the Asia Pacific region. Established metal printer and powder manufacturers in North America and Europe are expanding their presence in the Asia Pacific region through several growth strategies.

Regional 3D Printing of Metals Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the 3D Printing of Metals Market Report:

Detailed overview of 3D Printing of Metals Market
Changing the 3D Printing of Metals market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected 3D Printing of Metals market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of 3D Printing of Metals Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the 3D Printing of Metals Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. 3D Printing of Metals industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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