0
2020
3d Printing Metal Market

3D Printing Metal Market

by type (Steel, Titanium, Aluminum, Nickel and Others), Form (Powder and Filament) and End-Use (Consumer Products, Aerospace & Defense And Defense, Automotive, Healthcare, And Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

Report Code: A06082
Pages: 345
Mar 2020 | 9339 Views
Author(s) : Ayushi C
Tables: 192
Charts: 63
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the 3d Printing Metal Market

Request Now !

3D Printing Metal Market Outlook - 2026

The global 3D printing metal market was valued at $147.2 million in 2018 and is projected to reach $796.3 million by 2026, growing at a CAGR of 23.5% from 2019 to 2026. The 3D printing is a process of developing three-dimensional object from a computer-aided design (CAD) model. This is done by adding material layer by layer, which is also known as additive manufacturing. Metals used for 3D printing are called 3D printing metals. 3D printing materials are used to manufacture solid objects. These materials are of different types such as plastics, metal, ceramics, and other materials. They are used by designers, engineers, architects, surgeons, and other professionals to make representative models for clients and students.

Despite the fact that thermoplastics attracted the most consideration in the beginning of 3D printing, the 3D material choices keep on developing. These advancement in 3D printing technology is expected to drive the growth of the market. The 3D printing metal market growth is further driven by Additive Manufacturing (AM) technology which utilizes metals, earthenware production, glass, composites, plastics, paper, and bio-inks for printing. In 2017, NASA declared the effective testing of an igniter made of different metal alloys. This bi-metallic capacity could lessen rocket motor expenses by 33% and fabricate time by one-half. In several applications, metals and metal combinations have been progressive in AM and 3D printing.

3D Printing Metal Market

The global 3D printing metal market is expected to register substantial growth in the near future due to rapidly growing industries such as Aerospace & defense, healthcare, and automotive. Metal materials are expected to dominate the market in terms of growth rate during the forecast period. However, high cost associated with the techniques and materials is expected to restrict the market growth.

The global 3D printing metal market is segmented based on type, form, end-user and region. On the basis of type, the market is segmented into steel, titanium, aluminum, nickel and others. The aluminum segment was the highest contributor to the global market, and steel segment is estimated to grow with the highest CAGR during the forecast period. The increasing use of aluminum 3D printing in automotive application is expected to drive the growth of the market. Aluminum is ideal for strong, light and precise metal parts. Hence, its application is increasing in automotive industries. The product ranges from spare parts to components of RC cars and gadgets. On the other hand, 3D printed steel enables manufacturing of parts for very technical applications that usually perform better than those manufactured by traditional methods.

3D Printing Metal Market
By Type

Your browser does not support the canvas element.

Other metal is projected as the fastest growing segment.

Get more information on this report : Request Sample Pages

Based on form, the global 3D printing metal market is bifurcated into powder and filament. The powder segment was the highest contributor to the market and the filament segment is estimated to grow with the highest CAGR during the forecast period. The growing use of metal powder-based 3D printing in applications such as aerospace, medical and rapid tooling areas. In the 3D printing materials market, plastic in the form of filament is the most dominantly material. Among all the thermoplastics available in the market around 80% of them are available in the form of filaments. Some other materials such as metal, lay wood, paper, and others are also available in the form of filaments.

3D Printing Metal Market
By Form

Your browser does not support the canvas element.

Filament segment is projected as the fastest growing segment.

Get more information on this report : Request Sample Pages

Based on end-user, the global 3D printing metal market is segmented into consumer products, Aerospace & Defense and defense, automotive, healthcare, and others. The automotive segment was the highest contributor to the market and aerospace & defense segment is estimated to grow with the highest CAGR during the forecast period. Automotive industry is the early adopter of the 3D printing technology. In the automotive industry manufacturers primarily use the technology for prototyping rather than parts manufacturing owing to large production volumes. Advancement in current technology will allow greater penetration of 3D printing in the areas of making automotive parts cheaper, lighter, and faster.

3D Printing Metal Market
By End-user Industry

Your browser does not support the canvas element.

Aerospace and Defense segment would exhibit an CAGR of 25.8% during 2019-2026.

Get more information on this report : Request Sample Pages

Geographically, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America was the highest revenue contributor and Asia-Pacific is estimated grow with the highest CAGR during the forecast period. The key players involved in the global 3D printing metal market includes 3D Systems, Arcam AB, Autodesk, Inc., Stratasys Ltd, The ExOne Company, Hoganas AB, Optomec, Inc., Organovo Holdings, Inc., Ponoko Limited and Voxeljet AG.

3D Printing Metal Market
By Region

2026
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific would exhibit an CAGR of 24.2% during 2019-2026.

Get more information on this report : Request Sample Pages

In order to stay competitive and increase 3D printing metal market share, these market players are adopting different strategies such as product launch, acquisition, partnership and agreement. In an instance, 3D System entered into partnership with Georg Fischer AG (GF), which enable manufacturers to produce complex metal part within tight tolerances and reduce the total cost of operation, also it provides automation that includes software for enhanced part design, 3D printers, and automated material handling.

Key Benefits for Stakeholders:

  • The report outlines the current 3D Printing metal market trends and future scenario of the 3D Printing metal market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries in the region have been mapped according to their individual revenue contribution in the 3D Printing metal market analysis at the regional and country-level market.
  • The key drivers, restraints, and 3D Printing metal market opportunities and their detailed impact analyses are elucidated in the study.
  • The profiles of key players along with their key strategic developments are enlisted in the report.
  • 3D printing metal market forecast is studied from 2019-2026.

3D Printing Metal Market Report Highlights

Aspects Details
By Type
  • Steel
  • Titanium
  • Aluminum
  • Nickel
  • Others
By Form
  • Powder
  • Filament
By End User
  • Consumer Products
  • Aerospace & Defense
  • Automotive & Transportation
  • Healthcare
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Rest of LAMEA)
Key Market Players 3D SYSTEMS, ARCAM AB (GENERAL ELECTRIC), AUTODESK, INC., EXONE COMPANY, HOGANAS AB, OPTOMEC, INC., ORGANOVO HOLDINGS, INC., PONOKO LIMITED, STRATASYS LTD, EnvisionTEC
 

Loading Table Of Content...


 
 

Growth in investment towards research and development, increase in adoption of 3D printing devices, development of low-cost devices, and decrease in the price of materials are driving the demand for 3D printing metal market. Metals are the most widely used 3D printing material across the industry. Significant efforts are made to commercialize new materials to meet the specification of high-end applications. Demand for metals in 3D printing markets is growing significantly owing to a significant upsurge in the demand for desktop printing, whereas demand for metals is growing primarily due to growing penetration in high-end application such as structural parts in automotive and aerospace industry.

The fashion and jewelry sector are two booming sectors where 3D printing is being implemented for producing customized jewelry products. For instance, in the recently held Paris Fashion Week, 2018, the ornaments of one of the dresses showcased were 3D printed using the PolyJet technique. This technique helps to create pieces of high-end resin having smooth surface. 3D printing is also used by the consumer product industry.

 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The advancements in 3D printing technology are expected to drive the growth of the market. Additive Manufacturing (AM) technology utilizes metals, earthenware production, glass, composites, plastics, paper, and bio-inks for printing. In 2017, NASA declared the effective testing of an igniter made of different metal alloys. This bi-metallic capacity could lessen rocket motor expenses by 33% and fabricate time by one-half. In several applications, metals and metal combinations have been progressive in AM and 3D printing.

A. The global 3D printing metal market was valued at $147 thousand in 2018 and is projected to reach $796 thousand by 2026, growing at a CAGR of 23.5% from 2019 to 2026.

A. Product launch is one of the most widely adopted strategy. The 3D System and the Arcam have been actively engaged into the new product launches to gain edge over competitors.

A. North America is expected to hold the highest share in the market. The rise in application of 3D printing metal in medical sector is expected to drive the growth of the market. Various prosthetic parts and medical instruments are manufactured using 3D printing technology, which have a wide application in the medical market. 3D printing technology is also capable of developing lightweight parts and instruments from various available materials, which increase the demand for 3D printing metal from the aerospace and automobile industry in North America.

A. Partnership is one of the key growth strategies of 3D printing metal market players. Autodesk entered into partnership with 3D Printing Industry Association (3DPIA), which is decided exertion to advance 3D printing adoption and skills in South Korea.

A. The key players involved in the global 3D printing metal market includes 3D Systems, Arcam AB, Autodesk, Inc., Stratasys Ltd, The ExOne Company, Hoganas AB, Optomec, Inc., Organovo Holdings, Inc., Ponoko Limited, and Voxeljet AG.

A. The automotive segment was the highest contributor to the market. Automotive industry is the early adopter of the 3D printing technology. In the automotive industry manufacturers primarily use the technology for prototyping rather than parts manufacturing owing to large production volumes. Advancement in current technology will allow greater penetration of 3D printing in the areas of making automotive parts cheaper, lighter, and faster.

A. According to industry leaders, significant efforts are made to commercialize new materials to meet the specification of high-end applications. Demand for metals in 3D printing markets is growing significantly owing to a significant upsurge in the demand for desktop printing, whereas there is an increase demand for metals primarily due to rise in penetration in high-end application such as structural parts in automotive and aerospace industry.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
3d Printing Metal Market

Start reading instantly.
This Report and over 19,614+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers