3D Printing Metals Market worth $12.93 billion by 2030, growing at a CAGR of 26.96% - Exclusive Report by 360iResearch

The "3D Printing Metals Market by Product (Aluminum, Nickel, Steel), Form (Filament, Powder), Technology, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global 3D Printing Metals Market to grow from USD 2.43 billion in 2023 to USD 12.93 billion by 2030, at a CAGR of 26.96%.

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The 3D printing metals market refers to the additive manufacturing industry sector that focuses on producing and selling metal powders and filaments used for three-dimensional printing. 3D printing metals have gained significant traction due to the growing adoption of 3D printing technologies across various industries, including aerospace and defense, automotive, medical, and industrial engineering. 3D printing metals are used predominantly in industries where complex components with high strength and lightweight characteristics are necessary. For instance, in the aerospace sector, these metals allow for the fabrication of parts that reduce overall aircraft weight, thus optimizing fuel efficiency. Similarly, 3D printing metals are utilized in the medical field to create customized implants and prosthetics. The growth of the 3D printing metals market is influenced by several factors, such as technological advancements that improve printing speed, quality, and material capabilities, increased adoption by industry heavyweights seeking to economize on material costs and reduce production time, and rising demand for customized and complex components, especially from the aerospace, automotive, and medical sectors. However, the adoption of 3D printing metals is hindered by the high cost of metal powders and 3D printing tools, technical challenges related to material properties, and limitations in terms of producing large parts. On the other hand, the production of resilient metals in extreme thermal environments, scaling up to automate the metal 3D printing process, and strategic collaborations between 3D printing companies and traditional manufacturing firms present potential opportunities for the 3D printing metals market in the coming years.

In North America, particularly the U.S. and Canada, the 3D printing metals market is witnessing strong growth, primarily due to the strong presence of industry players and a burgeoning aerospace and defense sector that extensively utilizes metal 3D printing for manufacturing complex components. The U.S. continues to lead in terms of innovation, which is reflected in the number of patents issued and investment in technology. American consumers are highly inclined towards customized products, especially in the medical and aerospace sectors. The South American market for 3D printing metals is showing promising growth due to increasing adoption by industries such as aerospace, automotive, and healthcare, which are beginning to explore the benefits of 3D metal printing. Europe is at the forefront of global 3D printing metals, with a well-established industrial sector and a robust penchant for innovation. Germany, in particular, stands out as a hub for both the production and adoption of metal 3D printing, supported by its leading automotive and engineering industries. The region benefits from strong government initiatives, significant R&D efforts, and collaborations between key players and research institutions, fostering a conducive environment for market growth. Countries from the Middle East and Africa are slowly adopting metal 3D printing technology, especially within the oil and gas sector, which has seen significant investment in advanced manufacturing methods. With a focus on diversification, countries, including the UAE and Saudi Arabia, are investing in establishing themselves as pioneers in 3D printing. In the APAC region, nations, including China, India, and Japan, are at the forefront of the 3D printing metals market. They exhibit strong growth due to high adoption rates in the automotive, aerospace, and healthcare industries. China is spearheading research and development, evidenced by its increasing number of patents related to metal 3D printing technologies. Japan is known for its technological innovation and has major players focusing on developing new metal alloys, catering primarily to its advanced automotive and electronics sectors. India is seeing a rise in demand due to increasing industrialization and government initiatives such as 'Make in India' that support domestic manufacturing.

Market Segmentation & Coverage:

This research report categorizes the 3D Printing Metals Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Aluminum, Nickel, Steel, and Titanium. The Aluminum is projected to witness significant market share during forecast period.

Based on Form, market is studied across Filament and Powder. The Powder is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Binder Jetting, Directed Energy Deposition, Metal Extrusion, and Powder Bed Fusion. The Powder Bed Fusion is projected to witness significant market share during forecast period.

Based on Application, market is studied across Aerospace & Defense, Automotive, Construction, Electronics, and Medical & Dental. The Construction is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.57% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the 3D Printing Metals Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the 3D Printing Metals Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the 3D Printing Metals Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Inc., BASF SE, Carpenter Technology Corporation, CNPC POWDER, Desktop Metal, Inc., EOS GmbH, Eplus3D, Höganäs AB, Incredible Am Pvt Ltd, Markforged, Inc., Materialise, OC Oerlikon Corporation AG, Optomec Inc., Pollen AM Inc., Prodways Group, Proto Labs, Inc., Renishaw PLC, Sandvik AB, Sciaky Inc., SLM Solutions, Steinbach AG, Tethon3D, TRUMPF SE + Co. KG, voxeljet AG, and Wipro Limited.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 3D Printing Metals Market, by Product
7. 3D Printing Metals Market, by Form
8. 3D Printing Metals Market, by Technology
9. 3D Printing Metals Market, by Application
10. Americas 3D Printing Metals Market
11. Asia-Pacific 3D Printing Metals Market
12. Europe, Middle East & Africa 3D Printing Metals Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the 3D Printing Metals Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 3D Printing Metals Market?
3. What is the competitive strategic window for opportunities in the 3D Printing Metals Market?
4. What are the technology trends and regulatory frameworks in the 3D Printing Metals Market?
5. What is the market share of the leading vendors in the 3D Printing Metals Market?
6. What modes and strategic moves are considered suitable for entering the 3D Printing Metals Market?

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