The reports also help in understanding the 3D Printing Metal Market dynamic, and structure by analyzing the market segments and projecting the 3D Printing Metal Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the 3D Printing Metal Market makes the report investor’s guide.
3D Printing Metal Market Overview:
The "3D Printing Metal Market" study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the industry. The scope of the research includes a thorough investigation of the 3D Printing Metal Market, as well as the reasons for variations in the industry's growth in various locations.
The 3D Printing Metal Market size was valued at US$ 1.36 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 32.8% through 2021 to 2029, reaching nearly US$ 13.22 Bn.
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Market Scope:
The rise in dietary trend of consuming milk outside the home is propelling Post completion of market engineering, which included calculations for market statistics, market size estimations, market forecasts, market breakdown, and data triangulation, thorough primary research was done to acquire information and verify and validate important numbers. To perform market estimating and forecasting for the overall market segments and sub-segments described in this research, both top-down and bottom-up methodologies, as well as multiple data triangulation methods, were widely employed throughout the whole market engineering process. Extensive qualitative and quantitative analysis is also performed on all of the figures obtained during the whole market engineering process in order to provide essential information throughout the report.
Segmentation:
Based on the Form, the market is segmented into Powder, and Filament. Powder form segment held the largest market share of 94% in 2021 and is expected to continue its dominance during the forecast period 2022-2029. Metal powder particles have a number of important features that affect not only the additive build process but also the end component's qualities. This includes the raw material's physical and chemical properties, which must be thoroughly understood and characterised. This is expected to drive metal powder demand in the forecast period. To produce a good print of the completed product, the spherical metal particles employed in the 3D printing process must be tiny, often in the range of 15 to 75 microns. These are the key benefits that are expected to boost the growth of the Powder form segment in the global market during the forecast period 2022-2029.
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Key Players:
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the markets are determined by using secondary sources and verified through primary sources. The biggest players in the 3D Printing Metal market are as follows:
• 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.
Regional Analysis:
Individual market-influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the 3D Printing Metal market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on 3D Printing Metal Market:
Due to a break in operations, end-user sectors where 3D Printing Metal is used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for 3D Printing Metal manufacturers, affecting the development of the 3D Printing Metal market in 2020. End-user business demand for 3D Printing Metal has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
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Key Questions Answered in the 3D Printing Metal Market Report are:
Which segment had the largest share in the 3D Printing Metal market in 2021?
What is the competitive landscape of the 3D Printing Metal market?
Which are the key drivers aiding the 3D Printing Metal market growth?
Which region has the maximum share in the 3D Printing Metal market?
What will be the CAGR of the 3D Printing Metal market during the forecast period (2022-2027)?
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