3D Printing Metal Market size was valued at US$ 1.03 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 32.8% through 2021 to 2027, reaching nearly US$ 7.5 Bn.
Market Scope :
The 3D Printing Metal market is predicted to develop at a quicker rate during the forecast period 2021-2027. Supply and demand trends, costs, pricing, shares, volumes, sales, and gross margins are among the findings of Maximize Market Research (MMR). Each manufacturer's manufacturing unit, capacity, production, factory price, market price, and market share are evaluated using MMR data.
3D Printing Metal Market Overview :
This report's sole purpose is to estimate the 3D Printing Metal market. The MMR 3D Printing Metal Market Research Report investigates and analyses global trade statistically. It looks into the most important 3D Printing Metal market trends, limits, opportunities, success constraints, problems, and issues. The market is further divided into regions, with predictions for significant countries in each, such as Asia Pacific, North America, and Europe (ROW). We make the most of the data obtained and analysed by Maximize market research for this extensive industrial study of the 3D Printing Metal business by utilising secondary sources such as encyclopaedias, directories, and databases. There are no relevant industry or supplier specialists participating as a significant source of information for gathering and validating vital data for assessing the market's future prospects.
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3D Printing Metal Market Segmentation :
Based on the Form, The market is divided into two categories based on form: Powder and Filament. In 2020, the powder form segment had the biggest market share (94%) and is anticipated to maintain its dominance from 2021 through 2027. The attributes of the finished component as well as the additive build process are both impacted by the several significant characteristics of metal powder particles. This includes the physical and chemical qualities of the raw material, which must be completely comprehended and characterised. During the projected period, this is anticipated to fuel demand for metal powder. The spherical metal particles used in the 3D printing process must be small, often in the range of 15 to 75 microns, to generate a decent print of the finished object.
Based on the Metal Type, The market is divided into Titanium, Nickel, Stainless Steel, Aluminum, and Others based on the type of metal used. During the projection period of 2021-2027, the titanium metal type sector is anticipated to expand quickly at a CAGR of percent. Due to their properties including non-corrosiveness and great resilience under hard circumstances, titanium-based goods are increasingly in demand across a variety of industries. It is anticipated that the ability of conventional polymer 3D printers to produce semi-metal equipment when combined with polymers and in the form of filament will accelerate industry expansion.
Based on the End-Use Industry, The market is divided into the categories of Aerospace & Defense, Automotive, Medical & Dental, and Others based on the end-use industry. During the projected period of 2021–2027, the Aerospace & Defense segment is anticipated to expand quickly at a CAGR of percent. Due to the reduction in an airplane's overall bulk caused by 3D printing, less fuel is wasted. Fuel nozzles and other crucial engine parts that need great accuracy and precision can be produced using metal 3D printing in the aerospace and defence sector.
3D Printing Metal Market Key Players :
• Wipro 3D
• 3D Systems Corporation
• Renishaw PLC
• Stratasys LTD.
• General Electric Company
• Carpenter Technology Corporation
• Materialise NV
• Voxeljet AG
• Sandvik AB
• EOS GmbH Electro Optical Systems
• The ExOne Company
• SLM Solutions Group AG
• Proto Labs, Inc.
• Titomic Limited
• Hoganas AB
• Markforged, Inc.
This MMR report contains comprehensive information on the 3D Printing Metal market's leading participants. Annual Corporate Revenue, 3D Printing Metal Corporate Market Share, Corporate Business Strategy, Corporate SWOT Analysis, PESTEL Analysis, and Recent Corporate Development are all examples of corporate revenue.
Regional Analysis :
The MMR 3D Printing Metal Market Report covers North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. MMR focuses on main market segments and sub segments, as well as key market sectors, in this 3D Printing Metal market study. The MMR survey ranks innovative countries in district development based on market share, volume, and market size. Volume, area, income, the marketplace chain system, and trends are all indicators.
COVID-19 Impact Analysis on 3D Printing Metal Market :
Between 2020 and 2021, the COVID-19 Rule had a significant impact on global, industry, and labour expectations. COVID-19 is a threat to society and level of living that requires quick industrial help and innovation. COVID-19 causes a slew of problems for Indian expats. Millions of migrant workers have lost their jobs as a result of embargoes, food shortages, and fear about the future.
MMR research aims to improve understanding of the current economy, COVID-19, and its impact on the commercial market in general. In most industries, sectors, and disciplines, COVID-19 is followed by MMR. Maximize Market Research can assist you in determining the impact of COVID-19 on your industry.
Key Questions answered in the 3D Printing Metal Market Report are :
- Which product segment grabbed the largest share in the 3D Printing Metal market?
- How is the competitive scenario of the 3D Printing Metal market?
- Which are the key factors aiding the 3D Printing Metal market growth?
- Which region holds the maximum share in the 3D Printing Metal market?
- What will be the CAGR of the 3D Printing Metal market during the forecast period?
- Which application segment emerged as the leading segment in the 3D Printing Metal market?
- Which are the prominent players in the 3D Printing Metal market?
- What key trends are likely to emerge in the 3D Printing Metal market in the forecast period?
- What is the expected 3D Printing Metal market size by 2027?
- Which company held the largest share in the 3D Printing Metal market?
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