3D Printing Metal Market

3D Printing Metal Market  Size, Trends & Growth Rate (2019 - 2025)

According to the Research Report, the Global 3D Printing Metal Market  Size is anticipated to reach USD 3.06 billion by 2025 during the forecast period 2019 - 2025.

• 3D Printing Metal Market is accelerated to have potential growth over the foreseen years.

• The 3D printing metal joins the layers of each material, which then produces a 3D object and every layer looks like a thinly sliced horizontal cross-section of the object. They make use of 3D printers to design the required type of pattern with prototypes.

• The 3D printing metals are highly efficient in consuming energy and leaves minimum wastage. These are preferred by many of the industries due to their excellent properties such as flexible designing and high resistance of heat.

• The 3D printing metals are performing well in the manufacturing of engine parts and airframes in the aerospace industry with almost less/no wastage. North America is expected to lead the global market with the highest shares.

Growth Drivers 

3D printing metals offer great flexibility in designing a complex pattern, which is impacting the positive growth of the market.  In addition, the increasing demand in the aerospace for the need of these manufacturing processes is surging the growth of the 3D Printing Metal Market.

Key Challenges

However, lack of awareness in the utilization of this process in many areas remains a challenging factor in the market. The high cost for installation and maintenance is the main reason limiting the growth of the market.

Opportunities

Emerging advanced technologies in improving the quality of the products and also enhancing fuel efficiency for the vehicles are setting growth opportunities of the market. The 3D printing metals follow strict rules in order to maintain eco-friendly materials is also a chance for the market to grow eventually.

This research report includes the following segmentation for the 3D Printing Metal Market:

3D Printing Metal Market   - By  type

• Titanium
• Nickel
• Stainless steel
• Aluminum
• Others

3D Printing Metal Market   - By Form

• Powder
• Filament

3D Printing Metal Market  - By End-users

• Aerospace
• Automotive
• Medical
• Dental
• Others.

3D Printing Metal Market  – By Region

• North America                                               

  • United States                               
  • Canada                                         

• Europe                                                                                  

  • United Kingdom                                           
  • Germany                                      
  • France                                          
  • Italy                               
  • Spain                                             

• Asia-Pacific                                                     

  • China                                            
  • India                                             
  • Japan                                            
  • South Korea                                 

• Latin America                                                                            

  • Brazil                                            
  • Argentina                                     
  • Mexico                                          

• Middle-East & Africa                                                      

  • Middle-East
  • Africa

North America is expected to lead with the highest shares in the market. The adoption of newer techniques in manufacturing quality products with an easy process that takes less time than projected is fueling the growth of the market in this region. The Asia Pacific is accounted to hold the leading production shares of the market with the increased scale of the automobile industry and increasing applications in the aerospace industry.

Some of the Promising Companies leading the Global 3D Printing Metal Market  Profiled in the Report are:

1. Renishaw Plc (UK)
2. Voxelget AG (Germany)
3. 3D Systems Corporation (US)
4. Carpenter Technology Corporation (US)
5. GKN PLC (UK)
6. EOS GmbH (Germany)
7. LPW Technology (UK)
8. Sandvik AB (Sweden)
9. SLM Solutions GmbH (Germany)
10. Optomec (US)
11. Höganäs AB (Sweden)
12. Concept Laser GmbH (Germany)