Metal Additive Manufacturing Market Research Report 2023-2032: Market Size, Share, Key Trends And Outlook | Trumpf Inc., Lincoln Electric Additive Solutions, DMG Mori Seiki Co. Ltd., Hoganas AB, EOS GmbH

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Metal Additive Manufacturing Global Market Report 2023 identifies adoption of metal additive manufacturing technologies in the aerospace industry as the major driver for the Metal Additive Manufacturing market's growth in the forecast period. The aerospace industry encompasses the design, development, production, operation, and maintenance of aircraft, spacecraft, satellites, and related components. In the aerospace sector, metal additive manufacturing is used to create lightweight components, reduce the weight of aircraft and spacecraft, improve fuel efficiency, and cut emissions.

The metal additive manufacturing market is expected to grow from $4.04 billion in 2022 to $4.64 billion in 2023 at a compound annual growth rate (CAGR) of 14.79%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The metal additive manufacturing market is expected to reach $8.35 billion in 2027 at a CAGR of 15.80%.

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Major competitors in the Metal Additive Manufacturing market are Trumpf Inc., Lincoln Electric Additive Solutions, DMG Mori Seiki Co. Ltd., Hoganas AB, EOS GmbH.

A key trend in the Metal Additive Manufacturing market includes Integration of robots in additive manufacturing. Major companies operating in the metal additive manufacturing market are focused on implementing robotics technologies to boost productivity and increase their market. For instance, in November 2022, ADDiTEC, a US-based provider of metal additive manufacturing (AM) solutions and applications, developed the AMRC-P (additive manufacturing robot cell-portable), a highly effective, fully automated robotic metal AM system. The AMRC-P can be modified with any industrial robot to meet the unique needs of a business. The device includes cutting-edge software tools to support intricate multi-axis geometries, making printing more straightforward and accessible for both seasoned users and beginners. The software is customizable, allowing customers to satisfy all their parameter requirements.

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The Metal Additive Manufacturing market is segmented -

1. By Type: Selective Laser Melting (SLM), Electron Beam Melting (EBM), Powder Bed Fusion, Sheet Lamination, Directed Energy Deposition, Binder Jetting
2. By Type: Selective Laser Melting (SLM), Electron Beam Melting (EBM), Powder Bed Fusion, Sheet Lamination, Directed Energy Deposition, Binder Jetting
3. By Application: Automotive Industry, Aerospace Industry, Healthcare And Dental Industry, Tools And Mold, Academic Institutions, Other Applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Metal Additive Manufacturing market.

The Business Research Company's "Global Metal Additive Manufacturing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Metal Additive Manufacturing Market Include:

1. Executive Summary
2. Metal Additive Manufacturing Market Characteristics
3. Metal Additive Manufacturing Market Trends And Strategies
4. Metal Additive Manufacturing Market - Macro Economic Scenario
5. Global Metal Additive Manufacturing Market Size and Growth
……
32. Global Metal Additive Manufacturing Market Competitive Benchmarking
33. Global Metal Additive Manufacturing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Metal Additive Manufacturing Market
35. Metal Additive Manufacturing Market Future Outlook and Potential Analysis
36. Appendix

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