Global 3D Printing Metals Market 2020 Present Scenario on Growth Analysis and High Demand to 2024
3D Printing Metals Market 2020-2024 report tells the market value in next few years and report shows the whole scenario of 3D Printing Metals industry.
According to Market Study Report, 3D Printing Metals Market provides a comprehensive analysis of the 3D Printing Metals Market segments, including their dynamics, size, growth, regulatory requirements, Competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the 3D Printing Metals Market.
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The 3D Printing Metals Market is estimated to be USD 774 Million in 2019 and is projected to reach USD 3,159 Million by 2024, at a CAGR of 32.5% from 2019 to 2024. This report spread across 152 Pages, Profiling 12 Companies and Supported with 121 Tables and 47 figures is now available in this research.
“The aerospace and defense segment is expected to hold the largest share of the 3D printing metals market during the forecast period”
The aerospace and defense application segment accounted for the largest share of the 3D printing metals market in 2018. The aerospace and defense industry has a specific requirement for lightweight and high strength components, with accurate and precise designs. Metals such as titanium are used extensively in this industry as they can withstand high temperatures and are resistant to wear and tear. Therefore, the demand for high strength materials to manufacture complex geometries is a major factor driving the demand for 3D printing metals in the aerospace and defense end-use industry.
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“The powder bed fusion segment is expected to lead the 3D printing metals market during the forecast period”
Powder bed fusion is the most common technology used globally, and it accounts for the largest share of the 3Dprinting metals market. This technology is projected to grow at the fastest rate, owing to the increasing demand for metal powders from the aerospace and defense and automotive industries. Metal products manufactured using powder bed fusion have high density and mechanical and impact strength.
“The titanium segment is expected to lead the 3D printing metals market during the forecast period”
Based on metal type, the titanium segment is estimated to account for the largest share of the 3D printing metals market in 2019. The 3D printed titanium is primarily used in dental and medical applications because of its non-toxic nature, high strength, and resistance to corrosion. The growing demand from these end-use industries has increased the production of titanium.
Breakdown of primary participants’ profile:
- By Company Type Tier 1 16%, Tier 236%, and Tier 348%
- By Designation C-Level16%, D-Level Executives 24%,and Others60%
- By Region Asia Pacific 20%, Europe 36%, North America 24%, Middle East and Africa 12% South America 8%,
Key Players- 3D Systems Corporation (US), Stratasys Ltd. (US), Renishaw plc (UK), General Electric Company (US), Carpenter Technology Corporation (US), Materialise NV (Belgium), Voxeljet AG (Germany), Sandvik AB (Sweden), EOS GmbH Electro Optical Systems (Germany), The ExOne Company (US), and Proto Labs, Inc. (US)
Table of Contents:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.5 Units Considered
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
22.214.171.124 Key Data From Secondary Sources
2.1.2 Primary Data
126.96.36.199 Key Data From Primary Sources
188.8.131.52 Key Industry Insights
184.108.40.206 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
3 Executive Summary
3.1 3D Printing Metals Market, By Type
3.2 3D Printing Metals Market: End-Use Industry Share, By Region
3.3 3D Printing Metals Market, By Region
4 Premium Insights
4.1 Attractive Growth Opportunities in the 3D Printing Metals Market
4.2 3D Printing Metals Market, By End-Use Industry
4.3 3D Printing Metals Market, By Type and End-Use Industry
4.4 3D Printing Metals Market, By Country
4.5 3D Printing Metals Market: Developing vs. Developed Economies
Press Release Distributed by The Express Wire
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