Metal 3D Printing Market

Metal 3D Printing Market Trends set to witness Explosive growth by 2030

0 Comment December 17, 2024 Uncategorized

Global Metal 3D Printing Market Overview:

According to MarkNtel Advisors study the Global Metal 3D Printing Market size is estimated to grow at a CAGR of around 31.3% during the forecast period, i.e., 2024-30. The rising adoption of metal-based 3D printed products across various industries, the depreciating price of metal 3D printing technology, increasing R&D investment, etc., is amplifying the Global Metal 3D Printing market. These innovative & smart technologies are helping the different industry verticals to transform their manufacturing process & enhance their production capabilities. As a result, several fabrication units are opting for metal 3D printing, uplifting the Global Metal 3D Printing Market.

Global Metal 3D Printing Market Driver:

Expanding Usage of the 3D Printing in Healthcare Sector to Uplift Market Growth – In the past few years, there has been a surge in non-invasive & minimally invasive surgeries due to the deteriorating health of individuals across the globe. Individuals undergoing surgeries, such as Cardiovascular, Orthopaedic, Cometic surgeries, etc., nowadays prefer implants that are based on their health condition & body weight, and height. Therefore, healthcare professionals highly recommend that individuals choose 3D-printed implants. These 3D-printed implants are based on the patient’s body vitals, thereby giving better results than the conventional implants. Hence, both medical practitioners & patients are increasingly seeking to use 3D-printed implants to improve their overall health, uplifting the Global Metal 3D Printing Market.

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Scope of the Metal 3D Printing Market Report Segmentation

-By Type

  • Hardware
  • Services – Market Size & Forecast 2019-2030, (USD Million)
  • Software

-By Material

  • Titanium- Market Size & Forecast 2019-2030, (USD Million)
  • Aluminum- Market Size & Forecast 2019-2030, (USD Million)
  • Stainless Steels- Market Size & Forecast 2019-2030, (USD Million)
  • Nickel Alloys- Market Size & Forecast 2019-2030, (USD Million)
  • Cobalt Alloys- Market Size & Forecast 2019-2030, (USD Million)
  • Others (Too Steel, Refractory Metals, etc.) – Market Size & Forecast 2019-2030, (USD Million)

-By Application

  • Prototyping – Market Size & Forecast 2019-2030, (USD Million)
  • Tooling- Market Size & Forecast 2019-2030, (USD Million)
  • Functional Parts Production- Market Size & Forecast 2019-2030, (USD Million)
  • Customized Component- Market Size & Forecast 2019-2030, (USD Million)
  • Spare Parts Manufacturing – Market Size & Forecast 2019-2030, (USD Million)
  • Others (Architectural Components, Space Exploration, etc.) – Market Size & Forecast 2019-2030, (USD Million)

-By End User

  • Aerospace and Defense- Market Size & Forecast 2019-2030, (USD Million)
  • Automotive- Market Size & Forecast 2019-2030, (USD Million)
  • Healthcare- Market Size & Forecast 2019-2030, (USD Million)
  • Consumer Goods- Market Size & Forecast 2019-2030, (USD Million)
  • Industrial Machinery- Market Size & Forecast 2019-2030, (USD Million)
  • Others (Jewelry, Art & Design, etc.)-Market Size & Forecast 2019-2030, (USD Million)

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Geographical analysis:

-By Region

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • The Middle East & Africa

Georaphically, Asia-Pacific hold the majority share of the Global Metal 3D Printing Market. Asia-Pacific countries receive immense government support and R&D investments to generate a robust metal 3D printing ecosystem. As a result, several prominent companies operating in the industry are establishing their facilities across the region, mainly in China, South Korea, and Japan.

Global Global Metal 3D Printing Industry Recent Development:

  • In 2024: 3DEO partnered with IHI AEROSPACE Co., Ltd. (IA) to improve the adoption & implementation of AM technologies within its systems to support its critical mission.
  • In 2023, Bright Laser Technologies (BLT) expanded its metal 3D printing portfolio with its new BLT-S400 3D printer and the Powder Circulation System.

Current Landscape of Metal 3D Printing Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Metal 3D Printing market. The research report profiles major players, including

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  • 3DEO
  • Sandvik AB
  • BLT (Bright Laser Technologies)
  • Renishaw plc.
  • Markforged, Inc.
  • SLM Solutions
  • Shanghai Hanbang United 3D Tech Co., Ltd.
  • General Electric
  • 3D Systems Inc.
  • Stratasys
  • BASF SE
  • AMLD3D Limited
  • Wipro Enterprises Pvt. Ltd
  • Proto Labs, Inc.
  • Hoganas AB
  • Others

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