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The growing demand for 3D printing metal from the aerospace & defense sector is one of the significant factors influencing the market growth.
VANCOUVER, BC, CANADA, June 20, 2022 /EINPresswire.com/ -- 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.
The report comprises a detailed analysis of the vital elements of the 3d Printing Metal market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the 3d Printing Metal market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
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Some 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.
Nickel and nickel-based alloys substantially improve the produced parts' strength and corrosion resistivity and offer enhanced aesthetic appeal. Automotive part manufacturers nickel alloys for engine component printing.
Global 3d Printing Metal Market Report – Table of Contents:
Chapter 1 includes the global 3d Printing Metal market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the 3d Printing Metal market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the 3d Printing Metal market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the 3d Printing Metal industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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The global 3d Printing Metal market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global 3d Printing Metal market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
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.
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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
The report considers the following timeline for market estimation: Historical Years: 2017-2018
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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3D Printing Metal Market Size Worth USD 5,739.0 Million by 2027
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