3D Printing Metals Market Size & Share Report, 2027
3D Printing Metals Market
The 3D Printing Metals Market is expected to grow at a higher CAGR during the forecast period (2020-2027).
The factors driving the growth of 3D Printing Metals includes growing applications of 3D Printing Metals in Surgical & Dental Implants, Jewelry & Decorative Arts, developing lightweight products and increasing Government expenditure on 3D Printing projects. The Ministry of Electronics and Information Technology of India introduced the National Strategy on Additive Manufacturing, which focusses to add $2 billion-$3 billion to India’s GDP by 2025 and aims to increase India’s share by 5% in the International Market in the coming 3 years, which will give a massive boost to the 3D printing ecosystem. As per the 3D Printing Metals Market Forecast, the growing use of 3D Printing Metals in end-use industries such as Aerospace and Defense, automotive and Medicinal & Dental along with rising R&D activities led to technological innovations in 3D Printing Metals, are some of the factors propelling the market growth. In addition, it offers magnificent corrosion resistive properties, strong tensile strength and reduces the production cost, are some of the factors accelerating the market growth
Some of the prominent players operating in the market are Sandvik AB, The ExOne Company, SLM Solutions Group AG, Titomic Limited, 3D Systems Corporation, Renishaw PLC, Materialise NV, Voxeljet AG, SLM Solutions Group and General Electric Company among others.
Regional: Segment Analysis
Based on the region, North America is projected to capture the highest share in the market during the forecast period. The presence of major additive manufacturing companies in North American region, along with growing R&D activities across the industry verticals, are some of the factors propelling the 3D Printing Metals Market Size in the region.
Market Segmentation:
Global 3D Printing Metal Market by Form
- Powder
- Filament
Global 3D Printing Metal Market by Technology
- Powder Bed Fusion
- Directed Energy Deposition
- Binder Jetting
- Metal Extrusion
- Others
Global 3D Printing Metal Market by Metal Type
- Titanium
- Nickel
- Stainless Steel
- Aluminum
- Others
Global 3D Printing Metal Market by End-Use Industry
- Aerospace & Defense
- Automotive
- Medical & Dental
- Others
Global 3D Printing Metal Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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