3D Printing Metal Market to Witness Robust Growth by 2027 | Top Players

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The growing demand for 3D printing metal from the aerospace & defense sector is one of the significant factors influencing the market growth

The Global 3D Printing Metal Market research study by Emergen Research is a thorough compendium of analytical data regarding the 3D Printing Metal sector. The 3D Printing Metal Market is segmented in the study, along with a thorough breakdown of the market's size in terms of volume and value. The research includes a detailed prediction for the years 2020–2027 as well as the present 3D Printing Metal Market scenario. The 3D Printing Metal Market research contains a thorough analysis of each industry vertical, segment, end-use industry, application, and region's historical, current, and forecast revenue.

According to a recent report by Emergen Research, the global market for 3D printing metal is expected to be valued USD 5,739.0 Million by 2027. Due to rising demand from the aerospace and defence industries, the market for 3D printed metal is expanding at an accelerated rate. Intricate and lightweight components and structures are created using metal parts printed using 3D technology, giving aircraft better strength, longevity, and fuel efficiency. A GE company called GE Additive has been using 3D printing to create Advanced Turboprop aircraft engines, and it has successfully reduced the number of engine parts from 855 to only 12. The Advanced Turboprop-equipped Cessna Denali is anticipated to make its debut in 2020.

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Global 3D Printing Metal Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • RD Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global 3D Printing Metal market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global 3D Printing Metal market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are:

3D Systems Corporation, ExOne GmbH, Hoganas AB, Arcam AB, Materialise NV, Voxel Jet AG, GKN PLC, Equispheres, Renishaw PLC, Carpenter Technology Corporation

Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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Some Key Highlights from the 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.

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.

Segments Covered in this report are:

  • 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

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Cobots market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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