3D Printing Metal Market Share, Industry Growth, Trend, Statistics, Drivers, Demand, Key Companies by 2027

nikhil.morankar

The global 3D printing metal market is projected to be worth USD 5,739.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing metal market is observing an accelerated growth rate attributed to its increasing demand from the aerospace & defense industry. The use of 3D printing of metal parts finds usage in the production of intricate and lightweight components and structures to provide improved strength and durability to the aircraft and increased fuel efficiency.

GE Additive, a GE division, GE has been deploying 3D printing to produce Advanced Turboprop for aircraft and has achieved a reduction in engine parts from 855 to just 12. The Cessna Denali aircraft equipped with 3D manufactured Advanced Turboprop is likely to debut in 2020.

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Key Highlights From The Report

  • In September 2020, ExOne announced the InnoventPro 3D printer launch, which provides two novel build sizes for 3/5 liter and printing rate, reaching 700 cc/hour for the metal, composite, and ceramic parts manufacturer.
  • 3D printing metal filaments offer the benefits of shape fabrication and 3D printing simultaneously with two or more metal.
  • Binder Jetting is about ten times more cost-effective compared to 3D printing metal processes. Also, the build size achieved by this technology is much large, and the printing of parts doesn’t require any support during the process, allowing the realization of intricate designs.
  • The market in the Asia Pacific region is projected to grow at the fastest rate of 30.3% in the forecast period attributed to the presence of leading manufacturing firms, especially automotive firms, supportive regulations, several space launches by renowned space agencies like ISRO, and increased investments in R&D for 3D printing.
  • Key participants include 3D Systems Corporation, ExOne GmbH, Hoganas AB, Arcam AB, Materialise NV, Voxel Jet AG, GKN PLC, Equispheres, Renishaw PLC, and Carpenter Technology Corporation, among others.

Market Segmentation:

Emergen Research has segmented the global 3D printing metal market on the basis of form, metal type, technology, industry vertical, and region:

  • Form Outlook (Revenue, USD Billion; 2017-2027)
    • Filament
    • Powder
  • Metal Type Outlook (Revenue, USD Billion; 2017-2027)
    • Titanium
    • Nickel
    • Aluminum
    • Stainless Steel
    • Others
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Powder Bed Fusion
    • Directed Energy Deposition
    • Binder Jetting
    • Metal Extrusion
    • Others
  • Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
    • Aerospace & Defense
    • Automotive
    • Medical & Dental
    • Marine
    • Others

Regional Analysis:

The global 3D Printing Metal market consists of various significant regional segments. Under this section of the report, the product demand, output, and estimated revenue share of each region have been ascertained. The most prominent regions dictating the global market include:

  • North America (U.S., Canada, Mexico)
  • South America (Brazil, Argentina, Ecuador, Chile)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, Japan, India, Korea)
  • Middle East &Africa (Egypt, Turkey, Saudi Arabia, Iran)

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Some Fundamental Market Parameters Elucidated in the Report:

Market dynamics: The 3D Printing Metal market report explains the scope of various commercial possibilities over the next few years and further estimates revenue build-up over the forecast years. It analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers in developing vital strategies for profitable business expansion.

Competitive Outlook: The established market players operating in the 3D Printing Metal industry have been listed in this report, with a major focus on their geographical reach and production facilities. To gain a competitive advantage over the other players in the 3D Printing Metal industry, the leading players are focusing more on offering products at rational prices.

Objectives of the Report: The chief aim of the research report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global 3D Printing Metal market.

Table Of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. 3D Printing Metal Market Segmentation & Impact Analysis
4.1. 3D Printing Metal Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Fabrication of intricate and lightweight components
4.2.2.2. Growing demand from the aerospace & defense sector
4.2.2.3. Reduced waste generation during manufacturing
4.2.2.4. Growth of the automotive sector
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive metals
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. 3D Printing Metal Market By Form Insights & Trends, Revenue (USD Million)
5.1. Form Dynamics & Market Share, 2019 & 2027
5.1.1. Filament
5.1.2. Powder

Chapter 6. 3D Printing Metal Market By Metal Type Insights & Trends Revenue (USD Million)
6.1. Metal Type Dynamics & Market Share, 2019 & 2027
6.1.1. Titanium
6.1.2. Nickel
6.1.3. Aluminum
6.1.4. Stainless Steel
6.1.5. Others

Continued…!

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