The market value for 3D Printing Metal Market was USD 1,810 Million in 2022 and is expected to reach USD 23,569.12 Million in 2032 growing at a CAGR of 33% during the forecast period. The growing implementation of 3D printing technology across numerous industries such as aerospace and defense, automotive, and healthcare is driving revenue growth. Furthermore, the demand for customized and complicated metal parts is increasing, which is driving the 3D Printing Metal Market forward.
3D printing metal technology is becoming more popular in the aerospace and defense industries because of its capacity to make lightweight and complicated parts with great precision. This has resulted in lower fuel usage and increased aircraft efficiency, driving revenue growth. The automobile industry is also embracing 3D printing metal technology to create customized parts, which reduces vehicle weight and enhances performance. Furthermore, the healthcare industry is utilizing 3D printing metal technology to make high-precision and accurate prosthetics and implants, which is fuelling revenue growth.
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Major Companies:
- Arcam AB
- 3D Systems Corporation
- EOS GmbH
- Concept Laser GmbH
- Renishaw Plc.
- SLM Solutions Group AG
- Voxeljet AG
- Carpenter Technology Corporation
- GKN Plc.
- Sandvik AB
- Hoganas AB
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global 3D Printing Metal market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global 3D Printing Metal market?
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3D Printing Metal Market Segmentation:
Type Outlook:
- Powder
- Filament
- Liquid
End-Use Industry Outlook:
- Aerospace Defense
- Automotive
- Healthcare
- Architecture
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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