3D Printing Metal Market Gears Up for 23.5% CAGR, Reaching US$796.3 Million by 2026

According to a report published by Allied Market Research, the global 3D printing metal market was valued at $147.2 million in 2018 and is projected to reach $796.3 million by 2026, growing at a CAGR of 23.5% from 2019 to 2026. This report offers a comprehensive analysis, highlighting top investment opportunities, successful strategies, market drivers and opportunities, market size and estimates, competitive landscape, and fluctuating market trends.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/6447

Market Drivers and Restraints:

The growth of the global 3D printing metal market is driven by the increased use of bio-based materials and significant technological advancements. However, the high costs associated with raw materials pose a challenge to market growth. Despite this, the expanding industries of healthcare, automotive, and aerospace & defense present lucrative opportunities for market players.

Segment Analysis:

By Type:

- Aluminum Segment: Dominated the market in 2019, accounting for approximately half of the total revenue. It is expected to continue its dominance through 2026.
Steel Segment: Anticipated to register the highest CAGR of 24.2% during the forecast period.
- Other Segments: Include titanium and nickel.

By Form:

- Powder Segment: Held nearly three-fourths of the market share in 2019 and is expected to maintain its leading position by 2026.
- Filament Segment: Forecasted to experience the highest CAGR of 24.1% during the study period.

Geographical Insights:

- North America: Held the largest market share in 2019, contributing over 40% of the global revenue.
- Asia-Pacific: Expected to register the fastest CAGR of 24.2% by 2026.
- Other Regions: Include LAMEA and Europe.

Leading Market Players:

Key players in the global 3D printing metal market include Arcam AB, Autodesk, Inc., 3D Systems, Voxeljet AG, The ExOne Company, Hoganas AB, Optomec, Inc., Ponoko Limited, Stratasys Ltd, and Organovo Holdings, Inc. These companies have adopted strategies such as partnerships, expansions, collaborations, and joint ventures to strengthen their market position.

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

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About Us

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.

This release was published on openPR.