A Global 3D Printing Metal Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the 3D Printing Metal industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the 3D Printing Metal market, this study covers qualitative and quantitative aspects of the 3D Printing Metal market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2027 for the 3D Printing Metal market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global 3D printing metal market is projected to be worth USD 5,739.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing metal market is observing an accelerated growth rate attributed to its increasing demand from the aerospace defense industry. The use of 3D printing of metal parts finds usage in the production of intricate and lightweight components and structures to provide improved strength and durability to the aircraft and increased fuel efficiency. GE Additive, a GE division, GE has been deploying 3D printing to produce Advanced Turboprop for aircraft and has achieved a reduction in engine parts from 855 to just 12. The Cessna Denali aircraft equipped with 3D manufactured Advanced Turboprop is likely to debut in 2020.
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Market Dynamics:
The report offers insightful information about the market dynamics of the 3D Printing Metal market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the 3D Printing Metal market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the 3D Printing Metal market.
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Radical Highlights of the 3D Printing Metal Market Report:
- In September 2020, ExOne announced the InnoventPro 3D printer launch, which provides two novel build sizes for 3/5 liter and printing rate, reaching 700 cc/hour for the metal, composite, and ceramic parts manufacturer.
- 3D printing metal filaments offer the benefits of shape fabrication and 3D printing simultaneously with two or more metal.
- Nickel and nickel-based alloys substantially improve the produced parts' strength and corrosion resistivity and offer enhanced aesthetic appeal. Automotive part manufacturers nickel alloys for engine component printing.
- Binder Jetting is about ten times more cost-effective compared to 3D printing metal processes. Also, the build size achieved by this technology is much large, and the printing of parts doesn’t require any support during the process, allowing the realization of intricate designs.
- The market in the Asia Pacific region is projected to grow at the fastest rate of 30.3% in the forecast period attributed to the presence of leading manufacturing firms, especially automotive firms, supportive regulations, several space launches by renowned space agencies like ISRO, and increased investments in RD for 3D printing.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
3D Systems Corporation, ExOne GmbH, Hoganas AB, Arcam AB, Materialise NV, Voxel Jet AG, GKN PLC, Equispheres, Renishaw PLC, Carpenter Technology Corporation
Market Overview:
The report bifurcates the 3D Printing Metal market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
3D Printing Metal Market Segmentation:
Form Outlook (Revenue, USD Billion; 2017-2027)
- Filament
- Powder
Metal Type Outlook (Revenue, USD Billion; 2017-2027)
- Titanium
- Nickel
- Aluminum
- Stainless Steel
- Others
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Powder Bed Fusion
- Directed Energy Deposition
- Binder Jetting
- Metal Extrusion
- Others
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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