Press release
Global 3D Metal Printing Machines Market Size and Forecast to Grow at a CAGR of 26.80% By 2021
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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3D printing is the technique of printing an object using additive processes that involve laying down of successive layers of material for creation of an object. The object so created can be thinly sliced into a horizontal cross-section for viewing the different layers. Before a structure is printed, its model is prepared on a software. The model is then divided into thousands of horizontal layers by a process called slicing. These slices are then fed into a 3D printer and the structure is printed. 3D metal printing is gaining popularity as metals offer a unique combination of properties to suit different applications. The advantage of using this technique is that it does away with a majority of the wasteful process. For instance, almost 90% of material is put to waste when aircraft is manufactured. The 3D metal printing technique uses less energy and reduces waste. Moreover, the structure so created is almost 60% lighter in weight.
Technavios analysts forecast the global 3D metal printing machines market to grow at a CAGR of 26.80% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global 3D metal printing machines market for 2017-2021. To calculate the market size, the report considers demand for 3D metal printers from various end-users.
The market is divided into the following segments based on geography:
the US,
China,
Germany,
Japan,
others
Technavio's report, Global 3D Metal Printing Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
3D Systems
Arcam
EOS
Renishaw
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Other prominent vendors
EnvisionTEC
ExOne
Materialise
Sciaky
SLM Solutions
Stratasys
Market driver
Demand from the expanding automotive industry
For a full, detailed list, view our report
Market challenge
Fluctuating metal prices
For a full, detailed list, view our report
Market trend
Increased investments in the aerospace and defense sector in APAC
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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