The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Metal 3D Printing Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
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Metal 3D Printing Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Metal 3D Printing Market size is estimated to grow at a CAGR of around 31.3% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Metal 3D Printing Market Segmentation?
The report has segmented the market into the following categories:
By Type
- Hardware
- - Metal 3D Printers- Market Size & Forecast 2019-2030, (USD Million)
- - Material Handling Systems - Market Size & Forecast 2019-2030, (USD Million)
- - Post-Processing Equipment- Market Size & Forecast 2019-2030, (USD Million)
- - Metal Powders- Market Size & Forecast 2019-2030, (USD Million)
- - Services - Market Size & Forecast 2019-2030, (USD Million)
- - Prototyping- Market Size & Forecast 2019-2030, (USD Million)
- - Production Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- - Consulting and Design Services- Market Size & Forecast 2019-2030, (USD Million)
- Software
- - Design Software- Market Size & Forecast 2019-2030, (USD Million)
- - Simulation and Analysis Tools- Market Size & Forecast 2019-2030, (USD Million)
- - Workflow and Production Management Software- Market Size & Forecast 2019-2030, (USD Million)
By Material
- Titanium- Market Size & Forecast 2019-2030, (USD Million)
- Aluminum- Market Size & Forecast 2019-2030, (USD Million)
- Stainless Steels- Market Size & Forecast 2019-2030, (USD Million)
- Nickel Alloys- Market Size & Forecast 2019-2030, (USD Million)
- Cobalt Alloys- Market Size & Forecast 2019-2030, (USD Million)
- Others (Too Steel, Refractory Metals, etc.) - Market Size & Forecast 2019-2030, (USD Million)
By Application
- Prototyping - Market Size & Forecast 2019-2030, (USD Million)
- Tooling- Market Size & Forecast 2019-2030, (USD Million)
- Functional Parts Production- Market Size & Forecast 2019-2030, (USD Million)
- Customized Component- Market Size & Forecast 2019-2030, (USD Million)
- Spare Parts Manufacturing - Market Size & Forecast 2019-2030, (USD Million)
- Others (Architectural Components, Space Exploration, etc.) - Market Size & Forecast 2019-2030, (USD Million)
By End User
- Aerospace and Defense- Market Size & Forecast 2019-2030, (USD Million)
- Automotive- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Consumer Goods- Market Size & Forecast 2019-2030, (USD Million)
- Industrial Machinery- Market Size & Forecast 2019-2030, (USD Million)
- Others (Jewelry, Art & Design, etc.)-Market Size & Forecast 2019-2030, (USD Million)
Of them all, the automotive holds the notable market share in the Global Metal 3D Printing market. The requirement for automobiles is consistently growing globally since individuals nowadays prefer to daily commute with their personal vehicles. Therefore, there is a surge in the sales of the automobile comprising passenger cars, motorcycles, etc. Therefore, to ensure timely production & maintain the proper demand and supply chain within the automotive sector, the major automakers are using metal 3D printing, enhancing the share of automotive in the Global Metal 3D Printing market. For instance,
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
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Key Factor Driver Metal 3D Printing Industry Growth by 2030
Expanding Usage of the 3D Printing in Healthcare Sector to Uplift Market Growth – In the past few years, there has been a surge in non-invasive & minimally invasive surgeries due to the deteriorating health of individuals across the globe. Individuals undergoing surgeries, such as Cardiovascular, Orthopaedic, Cometic surgeries, etc., nowadays prefer implants that are based on their health condition & body weight, and height. Therefore, healthcare professionals highly recommend that individuals choose 3D-printed implants. These 3D-printed implants are based on the patient’s body vitals, thereby giving better results than the conventional implants. Hence, both medical practitioners & patients are increasingly seeking to use 3D-printed implants to improve their overall health, uplifting the Global Metal 3D Printing Market.
Who are the Key Players Operating in the Metal 3D Printing Industry?
The top companies of the Metal 3D Printing market ruling the industry are:
- 3DEO
- Sandvik AB
- BLT (Bright Laser Technologies)
- Renishaw plc.
- Markforged, Inc.
- SLM Solutions
- Shanghai Hanbang United 3D Tech Co., Ltd.
- General Electric
- 3D Systems Inc.
- Stratasys
- BASF SE
- AMLD3D Limited
- Wipro Enterprises Pvt. Ltd
- Proto Labs, Inc.
- Hoganas AB
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FAQs (Frequently Ask Questions)
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- Which geographical area dominates the Metal 3D Printing industry?
- Which is the Leading segment in the market?
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