The 3D Printing Metals Market is projected to grow at a CAGR of 36.90% by 2024. The growth of the market is attributed to the increasing adoption of 3D metal printing as a mainstream production process coupled with burgeoning investments in the research & development (R&D) of 3D metal printing are anticipated to fuel product demand. Similarly, the growing use of 3D metal printing in various end-user industries such as aerospace, and automotive among others for the purpose of prototyping and increasing the manufacturing speed is also expected to drive the growth of the market in the coming years. By end-user the market is segmented as healthcare, automotive, aerospace and defense among others.
The 3D Printing Metals Market – Forecasts from 2019 to 2024 is an exhaustive study that presents the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, by form, by end-user and geography.
The 3D printing metals market has been segemented by type, form, end-user, and geography. Based on type the market has been segmented into aluminum, nickel, steel, and others. By from the market is segmented as filament, powder, and liquid. By end-user, the market has been classified into healthcare, automotive, aerospace and defense, and others.
The Aerospace and defense sector is estimated to hold a significant share on account of growing demand for critical engineering and fabrication applications in the aerospace & defense industry. However, the technological limitations regarding lard scale production of heavy parts and components along with higher raw materials cost are expected to hamper the demand for metal 3D printing during the forecast period. Furthermore, by region the North American and European region is anticipated to hold the substantial share owing to increasing adoption of metal 3D printing materials by multiple end-user industries such as automotive and, aerospace and defense among others along with the presence of key market players in the regions.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these regions present for the market players.
Major players in the 3D printing metals market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the 3D printing metals market.
Segmentation:
The 3D printing metals market has been analyzed through the following segments:
• By Type
o Aluminum
o Nickel
o Steel
o Others
• By Form
o Filament
o Powder
o Liquid
• End-User
o Healthcare
o Automotive
o Aerospace and Defence
o Others
• By Geography
o North America
o South America
o Europe
o Middle East and Africa
o Asia Pacific