3D Printing Metal Market to Witness Huge Growth in Coming Years With Profiling Leading Companies

The global 3D printing metal market is on a soaring trajectory, driven by the increasing use of bio-based materials and cutting-edge technological advancements. According to a report from Allied Market Research, the market was valued at $147.2 million in 2018 and is projected to reach an impressive $796.3 million by 2026, with a robust compound annual growth rate (CAGR) of 23.5% from 2019 to 2026.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/6447

The powder segment took the lead in 2019, contributing the largest share, while North America emerged as the top revenue holder. Despite the promising growth, challenges like high raw material costs pose some restraints. However, flourishing industries such as healthcare, automotive, and aerospace & defense are anticipated to open up lucrative opportunities for key players in the market.

The report highlights the dominance of the aluminum segment, which accounted for about half of the total market revenue in 2019 and is expected to maintain its lead through 2026. Meanwhile, the steel segment is projected to exhibit the fastest CAGR of 24.2% during the study period. Other segments in focus include titanium and nickel.

In terms of form, the powder segment is anticipated to maintain its lion's share, holding nearly three-fourths of the total market in 2019 and retaining the top position by 2026. The filament segment, however, is expected to demonstrate the highest CAGR of 24.1% throughout the forecast period.

Geographically, North America took the lead in 2019, holding more than two-fifths of the global market share. Asia-Pacific is set to register the fastest CAGR of 24.2% by 2026, with Europe and LAMEA also in the mix.

Leading the pack in the industry are key players such as Arcam AB, Autodesk, Inc., 3D Systems, Voxeljet AG, The ExOne Company, Hoganas AB, Optomec, Inc., Ponoko Limited, Stratasys Ltd, and Organovo Holdings, Inc. These players have implemented various strategies, including partnerships, expansions, collaborations, and joint ventures, to strengthen their position in the market.

For those keen on delving deeper into the details, you can request the report sample or make a purchase inquiry through the provided links. The future looks promising for the 3D printing metal market, with innovation and strategic moves paving the way for substantial growth.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/3d-printing-metal-market-A06082

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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