Metal Additive Manufacturing Market Growing CAGR of 13.7% Assessment, Share Overview, and Growth Projections Report 2024 - 2031 | GE Additive, 3D Systems, Desktop Metal

Global metal additive manufacturing market is estimated to be valued at USD 5.85 Bn in 2024 and is expected to reach USD 14.37 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031.

The latest market intelligence report published by CMI with the title "Global Metal Additive Manufacturing Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Advanced Materials industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Metal Additive Manufacturing Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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Key takeaways Metal Additive Manufacturing Market

1. Rapid Growth and Adoption Across Industries: The metal additive manufacturing market is experiencing significant growth as industries such as aerospace, automotive, healthcare, and energy increasingly adopt this technology for its ability to produce complex geometries and reduce material waste. The demand for customized and lightweight components is driving this adoption.

2. Technological Advancements Enhancing Capabilities: Innovations in metal additive manufacturing technologies, such as selective laser melting (SLM) and electron beam melting (EBM), are improving the quality and efficiency of printed components. These advancements are enabling the production of higher-performance parts with enhanced mechanical properties, making metal 3D printing more viable for critical applications.

3. Focus on Sustainability and Material Efficiency: The metal additive manufacturing process is inherently more sustainable than traditional manufacturing methods, as it minimizes material waste and energy consumption. Companies are increasingly emphasizing sustainability in their operations, making metal additive manufacturing an attractive option for environmentally conscious manufacturers.

4. Development of New Materials: The market is witnessing the introduction of a wider range of metal powders suitable for additive manufacturing. Research and development efforts are focused on creating new alloys and composite materials that enhance performance and enable new applications, expanding the possibilities for metal 3D printing.

5. Growing Investment and Collaboration: Significant investments in R&D and collaborations among industry players, academic institutions, and research organizations are fostering innovation and accelerating the commercialization of metal additive manufacturing technologies. This trend is essential for overcoming technical challenges and expanding the market's capabilities.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Technology Insights (Revenue, USD Bn, 2019 - 2031)
Selective Laser Melting (SLM)
Direct Energy Deposition (DED)
Electron Beam Melting (EBM)
Binder Jetting
Others

• By Application Insights (Revenue, USD Bn, 2019 - 2031)
Aerospace
Automotive
Healthcare
Industrial Equipment
Others

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

• GE Additive
• 3D Systems
• Desktop Metal
• EOS GmbH
• Renishaw
• SLM Solutions
• Stratasys
• Markforged
• Velo3D
• DMG Mori
• HP Inc.
• TRUMPF
• ExOne (a Desktop Metal company)
• Materialise
• Formlabs
• Norsk Titanium
• Optomec
• Prima Additive
• XJet
• VulcanForms

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Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Metal Additive Manufacturing Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Metal Additive Manufacturing Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Metal Additive Manufacturing market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Metal Additive Manufacturing market?
4. What are the prominent market trends influencing the development of the Metal Additive Manufacturing market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Metal Additive Manufacturing market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Metal Additive Manufacturing and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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