Press release
Metal Powders for Additive Manufacturing Market to Reach $2.01 Billion by 2030, Growing at 8.98% CAGR
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ:The Metal Powders for Additive Manufacturing Market is witnessing a significant increase in demand, fueled by the growing adoption of additive manufacturing (3D printing) across various industries, including aerospace, automotive, healthcare, and industrial manufacturing. The ability of metal powders to produce complex, high-strength, and lightweight components with reduced waste and shorter production times is driving this demand. Technological advancements in metal powder production and the development of new materials are further enhancing the market's growth prospects. As more industries recognize the benefits of additive manufacturing for both prototyping and mass production, the market for metal powders is expected to continue its upward trajectory. However, challenges such as high material costs and the need for specialized equipment may temper growth in some sectors.
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The market for metal powders used in additive manufacturing was estimated to be worth USD 1.10 billion in 2023. From 2024 to 2030, the overall income from this industry is predicted to increase at a compound annual growth rate (CAGR) of 8.98%, or close to USD 2.01 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/63568/
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
3D Printing
Rapid Prototyping
Direct Digital Manucturing
The three segments of the worldwide Metal Powders for Additive Manufacturing market are Direct Digital Manufacturing, Rapid Prototyping, and 3D Printing. During the projection period, the 3D Printing segment is predicted to increase at a CAGR of 8.56%, with a market size of 717.78 million in 2023. One important factor is the growing use of 3D printing in a variety of sectors, including healthcare, automotive, and aerospace. These industries profit from the capacity to create high-performance parts, specialized implants, and intricate yet lightweight components. The method is more efficient and economical because to technological developments that have improved 3D printer capabilities and led to the creation of new metal alloys. Additionally, by cutting waste and production time, 3D printing delivers significant material efficiency and cost savings.
๐๐ฒ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐๐ก๐ง๐ข๐ช๐ฎ๐
Powder Bed
Blown Powder
Others
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐
Alloy
Stainless Steel
Others
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Metal Powders for Additive Manufacturing Market is rapidly expanding as industries increasingly adopt 3D printing for creating intricate, high-performance components. Valued at $1.10 billion in 2023, the market is expected to grow at a CAGR of 8.98%, reaching nearly $2.01 billion by 2030. This growth is driven by the aerospace, automotive, and healthcare sectors, where the demand for lightweight, durable, and complex parts is rising. The market benefits from advancements in metal powder production techniques and the development of innovative materials that enhance the capabilities of additive manufacturing. However, the high cost of metal powders and the specialized equipment required for their use present challenges. Despite these obstacles, the market's potential for revolutionizing manufacturing processes across various industries ensures its continued growth.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/63568/
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Metal Powders for Additive Manufacturing market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Metal Powders for Additive Manufacturing , are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study's main objective is to provide a comprehensive picture of the Metal Powders for Additive Manufacturing market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify Metal Powders for Additive Manufacturing market trends, so gathering and processing data is crucial.By carefully examining the situation of buyer-direct, RD initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. Metal Powders for Additive Manufacturing Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/63568/
๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Arconic Inc.
2. ATI Powder Metals
3. AUBERT & DUVAL,
4. BรHLER Edelstahl GmbH & Co KG
5. Carpenter Technology Corporation
6. GKN Plc.
7. Hitachi Metals, Ltd.
8. Hoganas AB
9. Matsuura Machinery Corporation
10. Metaldyne Performance Group Inc
11. Miba AG
12. Praxair Technology Inc.
13. Renishaw plc.
14. Rio Tinto
15. Sandvik AB
16. Shaanxi Hengtong Intelligent Machine Co., Ltd
17. 3D Systems Corporation
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-metal-powders-for-additive-manufacturing-market/63568/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐๐จ๐ฐ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Metal Powders for Additive Manufacturing?
โข What is the growth rate of the Metal Powders for Additive Manufacturing?
โข Which are the factors expected to drive the Metal Powders for Additive Manufacturing market growth?
โข What are the different segments of the Metal Powders for Additive Manufacturing?
โข What growth strategies are the players considering to increase their presence in Metal Powders for Additive Manufacturing?
โข What are the upcoming industry applications and trends for the Metal Powders for Additive Manufacturing?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Metal Powders for Additive Manufacturing?
โข What major challenges could the Metal Powders for Additive Manufacturing face in the future?
โข What segments are covered in the Metal Powders for Additive Manufacturing?
โข Who are the leading companies and what are their portfolios in Metal Powders for Additive Manufacturing?
โข What segments are covered in the Metal Powders for Additive Manufacturing?
โข Who are the key players in the Metal Powders for Additive Manufacturing market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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