The Steel 3D Printing material market is projected to grow at a CAGR of 34.26% during the forecast period of 2018 to 2024. The growing adoption of steel 3D printing for making parts to be used in various technical applications is anticipated to drive the market growth on account of better performance and durability of these parts over the ones which are manufactured with traditional techniques. Numerous technologies are available for steel 3D printing further expanding the application of steel 3D printing for various end-user industries and thus fuel the market growth in the coming years. Furthermore, the increasing adoption of steel 3D printing in the aerospace and defense sector for the repair of complex, expensive detached parts rather than replacing them is further projected to fuel the demand for steel 3D printing materials during the forecast period. On the basis of end-user, the aerospace and defense sector is projected to hold a substantial share in the market on account of a wide application of steel 3D printing for numerous applications such as for manufacturing complex engine parts, and structures among others.
The Steel 3D Printing Material Market – Forecasts from 2019 to 2024 is an exhaustive study presenting 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 end-user, and geography.
The global steel 3D printing material market has been segmented by end-user, and geography. By end-user, the market has been classified into healthcare, automotive, aerospace and defense, and others.
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 manufacturers and the service providers.
Major players in the global steel 3D printing material 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 global steel 3D printing material market.
• By End-User
o Aerospace and Defense
• By Geography
o North America
o South America
o Middle East and Africa
o Asia Pacific