As per this study the Global 3D Printing Metal Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
3D printing metal is a manufacturing technology in which manufacturing is done layer by layer at high accuracies for the production of complex structures and smaller designs. 3D printing metal technology uses metal powder which can be used to manufacture various metal parts and components. This technology is used across various fields like automotive, aerospace and defense, etc. Moreover, it is cost effective and generates less waste as compared to conventional metal printing technology.
The growing demand for 3D printing metal, especially, in aerospace and defense applications is fueling the global 3D printing metal market growth. Furthermore, the reduced price of 3D printers coupled with the availability of advanced raw materials such as stainless steel powder is again pushing the market growth. However, the high cost of metal powder like titanium or stainless steel is expected to restrain market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of 3D Printing Metal.
The broad 3D printing metal market has been sub-grouped into form, type, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By End Use
- Stainless Steel
- Aerospace & Defense
- Medical & Dental
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for 3D printing metal in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global 3D Printing Metal Market Share by Region (Representative Graph)
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the 3D printing metal market include 3D Systems Corporation, 3D Systems, Inc., EOS GmbH, GE Additive, Hoganas AB, Materialise NV, Renishaw plc, Sandvik AB, Stratasys Ltd., Voxeljet AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.