Delvens has released a new research study titled "3D Printing Metals Market" analysis with Industry size, share, growth, segmentation, manufacturers and innovations, major trends, market drivers, restraints, regulations, distribution methods, opportunities, strategies, prospective road maps, and yearly forecast till 2030′′. The purpose of the market research study is to thoroughly investigate the industry in order to gain knowledge of the industry and its economic potential. The report also looks at SWOT and Porter's Five Forces Analysis, as well as crucial statistics like expenditure, costs, revenue, and end-Users.
The Global 3D Printing Metals market size was estimated at USD 1.85 billion in 2023 and is projected to reach USD 12.6 billion in 2030 at a CAGR of 27.1% during the forecast period 2023-2030.
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The process of developing a three-dimensional object from a computer-aided design (CAD) model is commonly referred to as 3D printing. This production method involves the incremental addition of material, also known as additive manufacturing.
The metals utilized for 3D printing are classified as 3D printing metals. Solid objects are created by utilizing a variety of materials, including plastics, metals, ceramics, and other substances. These materials are commonly employed by professionals such as designers, engineers, architects, surgeons, and others to create representative models for clients and students.
3D Printing Metals Market Segmentations:
By Form
· Powder
· Filament
By Technology
· Powder Bed Fusion
· Directed Energy Deposition
· Binder Jetting
· Metal Extrusion
· Others
By Metal Type
· Titanium
· Nickel
· Stainless Steel
· Aluminium
· Others
By End-Use Industry
· Aerospace & Defense
· Automotive
· Medical & Dental
· Others
3D Printing Metals Market Competitors:
3D Systems Corporation, BASF 3D Printing Solutions GmbH, Carpenter Technology Corporation, EOS GmbH Electro Optical Systems, General Electric Company, Gkn Sinter Metals Engineering GmbH, Hoganas AB, Incredible Am Pvt. LTD., Lpw Technology LTD., Markforged, Inc., Materialise NV, Oc Oerlikon Management Ag, Pollen Am Inc., Prodways Group, Proto Labs, Inc., Renishaw PLC, Sandvik AB, Sciaky, Inc., SLM Solutions Group AG, Stratasys LTD., The ExOne Company, Titomic Limited, Trumpf GmbH + Co. Kg, Voxeljet AG, Wipro 3D
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The increase in demand for 3D printing metals across various verticals, such as healthcare, automotive, and other industries, can be attributed to two major factors: the physical properties of 3D printing metals, including low manufacturing cost and reduced lead times, and the rising penetration of 3D printing metals, which offer a wide range of benefits. Furthermore, the extensive use of 3D printing metals in high-temperature engineering applications will contribute to the growth of the 3D printing metals market. Additionally, the adoption of additive manufacturing technology will create promising market growth opportunities.
Recent Developments
· Renishaw plc collaborated with Sandvik Additive Manufacturing to qualify new additive manufacturing (AM) materials for production applications. These materials include a range of metal powders and new alloy compositions that can be optimized for the laser powder bed fusion (LPBF) process and superior material properties. With this collaboration, Renishaw plc developed new metal materials for 3D printing.
· GE Additive entered into a five-year cooperative research and development agreement (CRADA) with the US Department of Energy’s Oak Ridge National Laboratory (ORNL). The agreement was focused on the processes, materials, and software to increase customer adaptability towards additive manufacturing from conventional manufacturing.
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· Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
· Gain authentic and granular data access for the 3D Printing Metals Market to understand the trends and the factors involved in changing market situations.
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In addition to the market data for the 3D Printing Metals Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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