Global Metal Materials for 3D Printing Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Description

Global Metal Materials for 3D Printing Market By Form Type (Powder And Filament); By Metal Type (Titanium, Aluminum, Nickel, Stainless Steel and Others); By End User (Medical, Automotive, Aerospace And Defense and Others); and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Product Overview

3D Metal printing is also known as metal additive production. This is a fabrication technique used to manufacture complex structures and smaller designs. The invention of 3D printing metal has helped manufacturers ease the design and construction of complex structures that would not have been possible without the use of traditional production techniques. 3D printing metal is a manufacturing technique in which processing is carried out layer by layer and, thus; output precision is often improved to a higher degree.
Market Highlights

Global Metal Materials for 3D Printing Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. The growth of the global demand for 3D printing metals is mainly due to their rising use in the aerospace and automotive industries.3D printing in aircraft manufacturing enables the manufacture of highly complex, lightweight structures.
Global Metal Materials for 3D Printing Market: Segments

Global Metal Materials for 3D Printing Market is segmented on the basis of form type, metal type, end user and region.

By Form Type (in %), Global Metal Materials for 3D Printing Market, 2019
The powder type segment is anticipated to register XX% of the market share during the forecasted period.
By form type the market can be segmented into powder and filament. Owing to substantial technological advancement in the field of metal printers, the powder segment is expected to rise significantly.
Global Metal Materials for 3D Printing Market Dynamics:

High demand for applicants and environmental concerns to increase market growth

The growth of the global demand for 3D printing metals is mainly due to their rising use in the aerospace and automotive industries.3D printing in aircraft manufacturing enables the manufacture of highly complex, lightweight structures. In the automotive industry, it helps design automotive components with complex geometries, which is difficult using conventional methods.
Limited applications and availability of substitutes to hinder the market growth

The high cost of the materials is expected to be the main factor that hampers global development. During the process a large amount of energy is needed, and labour intensive. In addition, the extraction process is complicated and requires high energy consumption, leading to an increase in titanium prices.
Global Metal Materials for 3D Printing Market: Regions

In terms of value and volume, APAC accounted for XX% of total market volume share in 2019
With a large share, the Asia-Pacific market dominated the global demand for 3D printing metals, and is projected to be the fastest growing market during the forecast era. Growing investment in the region’s building and development, healthcare, and consumer electronics industries is expected to propel regional demand growth over the forecast period. China is the world’s leading producer and consumer of 3D printing metals. In Asia-Pacific the market for 3D printing metals is relatively strong compared with other regions. Market growth for Asia-Pacific is also due to the emergence of developing countries like India and China. The main reason behind the growth of the market for 3D printing metals is that these countries are rising at a rapid pace in terms of population and economy, resulting in per capita consumption growth in the end.

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
Global Metal Materials for 3D Printing Market: Competitive landscape

As more companies gain market access, the global market is experiencing greater competition. The advanced manufacturing supply chain is currently characterized by a large number of suppliers of 3D printers, while the availability of raw materials, such as powders, is lacking. The main strategy embraced by industry players is new product production through significant investments in R&D.

Global Metal Materials for 3D Printing Market: Key players

• 3D Systems Corporation
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Renishaw PLC
• Arcam AB
• Hoganas AB
• Voxeljet AG
• Carpenter Technology Corporation
• GKN PLC
• Sankdvik AB
• Eos Gmbh Elctro Optical Systems
• Other prominent players
Global Metal Materials for 3D Printing Market report also contains analysis on:

• Global Metal Materials for 3D Printing Market segments: –

• By Form Type:

o Powder
o Filament

• By Metal Type:

o Titanium
o Aluminum
o Nickel
o Stainless Steel
o Others

• By End User:

o Medical
o Automotive
o Aerospace and Defense
o Others

• Global Metal Materials for 3D Printing Market dynamics
• Global Metal Materials for 3D Printing Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints