Press release
3d Printing Metal Market Insights: Growth Opportunities and Segmentation Forecast to 2024-2031 - Voxeljet AG, Hoganas AB, Sandvik AB.
3d Printing Metal Market is growing at a CAGR of 25% % in the forecast period (2024-2031)3d Printing Metal Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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3D printing metal involves additive manufacturing techniques to create complex metal parts layer-by-layer from digital models. It uses metal powders like titanium, stainless steel, and aluminum, which are fused by lasers or electron beams. This method allows for high precision, reduced waste, and complex geometries. It is widely adopted in aerospace, automotive, and medical sectors. 3D metal printing is revolutionizing manufacturing by enabling on-demand, custom production.
List of the Key Players in the 3d Printing Metal Market:
3D Systems Corporation, Voxeljet AG, Hoganas AB, Sandvik AB, GKN PLC, ExOne GmbH.
Industry Development:
✫ In 2019, Renishaw teamed up with Sandvik Additive Manufacturing to advance the qualification of new materials for metal additive manufacturing. This collaboration focused on optimizing a wide range of metal powders, including specialized alloy compositions, for the laser powder bed fusion (LPBF) process. The goal was to enhance material properties and make them suitable for high-performance production applications.
Growth Forecast Projected:
The Global 3d Printing Metal Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global 3d Printing Metal Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the 3d Printing Metal Market:
By Application: Prototypes, Engineering Applications, Turbines & Engine Parts, Injection molding Tooling, Conformal Cooling, Turbines, Surgical Tools, Others.
By End User: Aerospace & Defense, Automotive, Medical & Dental, Jewelry, Marine, Others.
By Process: Direct Metal Laser Sintering, Electron Beam Melting, Multi Jet Fusion, Fused deposition Modeling, Computer-Aided Design, Others.
By Material: Stainless Steel, Titanium, Nickel Alloy, Aluminum, Others.
By Form: Powder, Filament.
Regional Analysis for 3d Printing Metal Market:
The regional analysis of the 3d Printing Metal Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the 3d Printing Metal market?
➠ Who are the leading manufacturers in the global 3d Printing Metal industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global 3d Printing Metal industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the 3d Printing Metal market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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