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3D Printing Metals Market by Form, Type, End-Use Industry And Region - Global Forecast to 2023

3D Printing Metals Market: Global Forecast until 2023

  • September 2018
  • 154 pages
  • ID: 3711132
In this report:
In terms of value, the medical & dental end-use industry segment accounted for a share of ##.##% of the ##D printing metals market in 2017.
By type, the stainless steel segment of the South America ##D printing metals market is expected to witness rapid growth during the forecast period to reach USD ##.## million in 2023 at the highest CAGR of ##.##% during the forecast period.

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The 3D printing metals market is estimated to rise at a compound annual growth rate of 28.80 percent from 2018 to 2023

The 3D printing metals market is forecasted to grow from $590.40M in 2018 to $2089.70M by 2023, at a compound annual growth rate (CAGR) of 28.80 percent from 2018 to 2023. The growing application of 3D printing in aerospace & defense market, mainly in the manufacturing of aircraft engines and components, as well as the expiry of different technology patents, are the top factors that are forecast to steer the rise of the 3D printing metals market. Nevertheless, metal 3D printers are limited by the size of the products that can be printed. This limitation restrains the increase of the 3D printing metals market.

The aerospace & defense segment is forecasted to hold the most important share of the 3D printing metals market during the outlook period.

Established on end-user market, the aerospace & defense segment recorded for the biggest share of the 3D printing metals market in 2017.This industry segment is also forecasted to grow at the maximal rate during the estimate period.

The aerospace & defense market has a specific requirement for lightweight & high strength components, with accurate and precise designs.Metals such as stainless steel, aluminum, and titanium are used extensively in this sector as they can withstand high temperatures and are resistant to wear & tear.

Accordingly, the industry demand for high strength materials to manufacture complex geometries is the main factor driving the rise of the 3D printing metals market in the aerospace & defense end-use industry segment.

The Asia Pacific 3D printing metals market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The Asia Pacific 3D printing metals market has been studied for China (CN), Japan (JP), India (IN), South Korea (KR), and the Rest of APAC.The Asia Pacific area is an emerging and lucrative market for 3D printing metals owing to industrial development and improving economic conditions.

Product innovations, new research & development projects, and growing demand from the aerospace & defense market have fueled the market increase in this area.Manufacturers of metal powders and printers in North America (NA) are also expanding their business in Asia-Pac owing to growing demand for 3D printed metal parts from the automotive and aerospace sectors in the territory.

On top of, there is a huge knowledge transfer taking place between developed and emerging countries through active engagements in distinct forums.

Break-up of primary participants for the market research:

• By Company category: Tier 1 - 35 %, Tier 2 - 41.0 percent, Tier 3 - 24.0 percent

• By Description: C-suite - 56.0 percent, D-level - 28.0 percent, Others - 16.0 percent

• By Area: Asia Pacific (APAC) - 33.0 percent, North America continent - 27.0 percent, Europe (EU) - 20.0 percent, Middle East (ME) & African continent - 13.0 percent, South America region - 7.0 percent

This research study offers a comprehensive review of the main market drivers, industry restraints, alternatives, and opportunities. It also considers competitive landscape approved by market actors, including Stratasys Ltd., 3D Systems Corporation, EOS GmbH, Materialise NV, GE Additive, Renishaw plc, voxeljet AG, 3D Systems, Incorporated, Sandvik AB, and Hoganas AB.

Segment Research

The industry report defines, segments, and projects the 3D printing metals market established on end-use sector, category, form, and area.It offers exhaustive information concerning the main factors influencing the increase of the market, including drivers and possibilities.

It also strategically profiles main actors and comprehensively analyzes their market shares and core competencies. The study examines competitive developments, including new product improvement, development, acquisition, joint venture, and agreement undertaken by top players to accomplish increase in the sector.

Why Purchasing This Study Can Help You:

The analysis will facilitate industry top players/new sector entrants in this sector by providing them the closest approximations of revenue numbers for the global 3D printing metals market and its sub-segments.This industry report will facilitate partners better comprehend the competitive landscape and gain insights to better option their businesses and make suitable go-to-market approaches.

The market research will also assist partners comprehend the pulse of the sector and offer info on main market drivers, market restraints, and alternatives.

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