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Emerging Trends to Reshape the Metal 3D Printing Market: Multi-Laser Large-Format Systems Revolutionize High-Speed Metal Part Production as a Key Influencer
Metal 3D Printing Market
What Is the Expected CAGR for the Metal 3D Printing Market Through 2025?
There has been a significant expansion of the metal 3D printing market in the past few years. The market, worth $9.28 billion in 2024, is projected to expand to $11.71 billion in 2025, indicating a compound annual growth rate (CAGR) of 26.2%. The historic growth is due to factors such as the rise in demand for lighter components, increased use in aerospace and defense sectors, a growing need for personalized medical implants, and the escalating demand for productions and spare parts on an as-needed basis.
What's the Projected Size of the Global Metal 3D Printing Market by 2029?
Anticipated to witness significant expansion in the upcoming years, the metal 3D printing market is predicted to reach the benchmark of $29.39 billion by 2029, prospering at a compound annual growth rate (CAGR) of 25.9%. The expected surge during this period can be credited to several factors such as the intensified use of additive manufacturing, increased cost efficiency of metal 3D printing, its mounting acceptance in the energy sector, the proliferation of service bureaus dedicated to metal 3D printing, and the augmenting governmental aid and incentives. The forthcoming period will also see major trends like advancements in powder bed fusion technology, the rise of multi-laser systems driven by technology, application of technology in optimization of designs powered by artificial intelligence, the progress of economical solutions for metal 3D printing and the formulation of standards and certifications for metal additive manufacturing.
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Top Growth Drivers in the Metal 3D Printing Industry: What's Accelerating the Market?
The escalation in demand, particularly from the Aerospace Industry, is propelling the market expansion, attributed to the requirement for components that are light in weight yet highly efficient in performance.
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What Are the Key Trends Driving Metal 3D Printing Market Growth?
Key players in the metal 3D printing industry are honing their focus on creating advanced products like multi-laser large-format systems. These systems can be used for the swift and precise manufacturing of large metal parts. Unlike their single-laser counterparts, these metal 3D printers utilize multiple lasers at once, allowing for faster and more accurate creation of large-scale parts. One recent example is China's Farsoon Technologies Co. Ltd., which unveiled the 32-laser FS1521M-U in March 2025. This machine marks a new era for large-format metal 3D printing by facilitating the prompt, accurate construction of massive metal elements. Armed with up to 32 potent 500 W fiber lasers and an enormous 3,862-liter build capacity, it is designed to support large-scale, high-speed production. Its advanced multi-laser algorithms, adaptable cartridge configurations, and streamlined powder management system guarantee excellent productivity, quality, and operational efficiency, making it a useful tool for rigorous sectors like aerospace and energy.
What Are the Main Segments in the Metal 3D Printing Market?
The metal 3D printing market covered in this report is segmented
1) By Component: Hardware, Software, Services
2) By Printer Type: Industrial, Desktop Or Benchtop
3) By Technology: Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Bound-Metal Fused Filament (FDM-metal), Hybrid Machining-Additive Manufacturing Systems, Other Technologies
4) By Application: Prototyping, Tooling, Functional Parts
5) By End-User Industry: Aerospace And Defense, Automotive And Motorsports, Healthcare, Oil Gas And Energy, Industrial Machinery And Tooling, Electronics And Semiconductors, Construction And Architecture, Other End-User Industries
Subsegments:
1) By Hardware: 3D Printers, Laser Systems, Electron Beam Systems, Nozzles And Print Heads, Powder Feeders
2) By Software: Design Software, Simulation Software, Slicing Software, Workflow And Management Software
3) By Services: Consulting And Training, Maintenance And Support, Prototyping Services, Custom Manufacturing Or On-Demand Production, Material Supply Services
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Which Top Companies are Driving Growth in the Metal 3D Printing Market?
Major companies operating in the metal 3d printing market are Trumpf GmbH + Co. KG, Carpenter Technology Corporation, Renishaw plc, 3D Systems Corporation, EOS GmbH, Markforged Holding Corporation, SLM Solutions Group AG, Velo3D Inc., ExOne Company, AddUp SAS, Optomec Inc., Additive Industries B.V., SPEE3D Pty Ltd, XJet Ltd., Meltio Technologies SL, GE Additive, FormAlloy Technologies Inc., Xact Metal Inc., Aurora Labs Limited, and BeAM Machines SAS.
Which Regions Will Dominate the Metal 3D Printing Market Through 2029?
North America was the largest region in the metal 3D printing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in metal 3D printing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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