The global Metal 3D printer Market size is expected to reach USD 7,823.1 Million in 2028 and register a revenue CAGR of 21.5% over the forecast period, according to latest report by Reports and Data. Metal 3D printer market revenue growth is expected to be driven by growing use in aerospace, healthcare, automotive, construction, and consumer goods industries.
Manufacturers across the globe are adopting 3D printing technology to reduce production time, enhance product properties, and lower labor cost. The flexibility to produce complex geometries, which are difficult to develop using traditional manufacturing processes, is expected to drive market revenue growth. However, cost of materials used in 3D printers, such as metals and polymer powder, is comparatively high as compared to the cost of materials utilized in traditional production methods. This, in turn, could hamper revenue growth of the global market.
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Companies profiled in the global market report include General Electric, 3D Systems Corporation, Hoganas AB, Stratasys Ltd., Royal DSM N.V., Arkema S.A., EOS GmbH Electro Optical Systems, Evonik Industries AG, Solvay, ExOne, LPW Technology Ltd., and Clariant.
High demand for Metal 3D printer in the healthcare industry can be mainly attributed to rising demand for personalized and precision devices, and large-scale adoption of 3D printing technology for applications ranging from surgical planning models to 3D-printed vasculature and bioreactors. Using 3D printing technology, engineers have developed airway splints for babies with tracheobronchomalacia, thus enabling babies with this rare condition to live a normal life by supporting tiny airways near the lungs could collapse due to the disease. Increased R&D activities for the implementation of 3D printing technology in healthcare sector are expected to provide significant opportunities to market players in near future.
Some Key Highlights from the Report
- By type, the plastics segment accounted for largest market revenue share in 2020. Use of 3D printing technologies facilitates the production of prototypes with much faster speed and more durability. Polymer is the most widely used material for 3D printing. Polymers for 3D printing are used to fabricate high-tech industrial and consumer products.
- Metal 3D printer market is expected to be driven by growth of the education sector. 3D printing technology is revolutionizing the traditional classroom. Engineering students can now print prototypes of their creations, while biology students can study cross-section of organs produced by using additive manufacturing.
- Various end-use industries, including automotive, healthcare, and aerospace & defense, have adopted 3D printing for mass production of parts and components. Nowadays, 3D printing technology is being increasingly used in producing automotive components, mobile cases, wing mirrors, toys, and various other products, as it helps reduce manufacturing cost and lead time, along with facilitating the production of complex structured objects.
- The Metal 3D printer market in North America accounted for largest revenue share in 2020 due to increased adoption of advanced technologies and growing use of 3D printing in various end-use industries in the region. Additionally, growing demand for better quality products based on international standards is driving demand for precision manufacturing and 3D printing technology in the region, which in turn, is fueling market growth.
- In May 2021, GE Aviation and GE Additive announced commencement of 3D printing four new gas turbine engine parts. The company expected to cut down costs by 35% in moving from casting to 3D printing technology.
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For this report, Reports and Data has segmented the global Metal 3D printer market based on type, technology, end-use, form type, application, and region:
Type Outlook (Revenue, USD Million; 2018–2028)
- Plastic
- Metal
- Ceramic
- Others
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Aerospace & Defense
- Healthcare
- Automotive
- Consumer Goods
- Construction
- Others
Form Type Outlook (Revenue, USD Million; 2018–2028)
- Filament
- Powder
- Liquid
Technology Outlook (Revenue, USD Million; 2018–2028)
- FDM
- SLS
- SLA
- DMLS
- Others
Application Outlook (Revenue, USD Million; 2018–2028)
- Prototyping
- Manufacturing
- Others
Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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The Global Metal 3D Printer Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Metal 3D Printer Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1879-metal-3d-printer-market-reportThe report also covers the complete competitive landscape of the global Metal 3D Printer market with company profiles of key players such as:EOS GmbHConcept Laser GmbHSLM3D SystemsArcam ABReaLizerRenishawExoneWuhan BinhuBright Laser TechnologiesHuake 3DSyndayaThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By TypeSelective Laser Melting (SLM)Electronic Beam Melting (EBM)OtherBy ApplicationAutomotive IndustryAerospace IndustryHealthcare & Dental IndustryAcademic InstitutionsOthersBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Metal 3D Printer Market @ https://www.decisiondatabases.com/contact/download-sample-1879The Global Metal 3D Printer Market has been exhibited in detail in the following chapters –Chapter 1 Metal 3D Printer Market PrefaceChapter 2 Executive SummaryChapter 3 Metal 3D Printer Industry AnalysisChapter 4 Metal 3D Printer Market Value Chain AnalysisChapter 5 Metal 3D Printer Market Analysis By TypeChapter 6 Metal 3D Printer Market Analysis By ApplicationChapter 7 Metal 3D Printer Market Analysis By GeographyChapter 8 Competitive Landscape Of Metal 3D Printer CompaniesChapter 9 Company Profiles Of Metal 3D Printer IndustryPurchase the complete Global Metal 3D Printer Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1879Other Reports by DecisionDatabases.com:Global Portable Photo Printers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global All-In-One Printer Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Mobile Printers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Metal Powders for 3D Printer market is segmented by region (country), players, by Type, and by Application.
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The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/6552055/global-china-metal-powders-for-d-printer-2027-813For China market, this report focuses on the Metal Powders for 3D Printer market size by players, by Type, and by Application, for the period 2016-2027.
The key players include the global and local players which play important roles in China.Segment by TypeTitaniumNickelStainless SteelAluminumOthersSegment by ApplicationAerospace & DefenseAutomotiveMedical & DentalOthersBy RegionNorth AmericaUnited StatesCanadaMexicoEuropeGermanyFranceUKItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaUAEBy CompanyStratasys(US)3D Systems Corporation (US)EOS (Germany)Materialise(Belgium)GE Additive (US)Renishaw(UK)voxeljet AG (Germany)3D Systems(US)Sandvik(Sweden)Hoganas(Sweden)Reasons to Purchase Our Research Report:1.
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