3D Printing Metal Market is anticipated to grow at a CAGR of 16.1% during 2023-2028

The global 3D printing metal market is projected to reach $0.4 billion by 2028, at a CAGR of 16.1% during 2023-2028. The growth of 3D printing metal market is driven by increasing adoption of 3D printing metals in aircraft engine and component manufacturing, mass customization of products with complex design and structure, and growing usage of additive manufacturing technology in various industries.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the 3D printing metal market by form (powder and filament), metal type (titanium, nickel, stainless steel, aluminum, and others), technology (powder bed fusion, directed energy deposition, binder jetting, metal extrusion, and others), end use industry (aerospace & defense, automotive, medical & dental, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the 3D printing metal market?

Q.4 What are some changing demands of customers in the 3D printing metal market?

Q.5 What are the new developments in the 3D printing metal market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this 3D printing metal area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this 3D printing metal market?

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Market Segmentation:

Based on form, the 3D printing metal market is segmented into powder and filament. The powder segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage of metal powder-based 3D printing in the development of complex structures, customized structures, and high-density products in the aerospace and automotive industries.

APAC will witness the highest growth during the forecast period due to rising industrialization, supportive government initiatives, and increased adoption of automated manufacturing.

Key Players in the 3D printing metal market are Stratasys, 3D Systems Corporation, Renishaw Plc, Materialise NV, Voxeljet AG, Sandvik AB, EOS GmbH, The Exone Company, and General Electric Company.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/3d-printing-metal-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056

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