According to a market report by Lucintel, the future of the 3D printing metal market looks promising with opportunities in the aerospace & defense, automotive, and medical & dental industries. The 3D printing metal market is expected to grow with a CAGR of 32% from 2019 to 2024. The major growth drivers for this market are adoption of 3D printing in new applications, expiry of patents for selective laser sintering, and mass customization.
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In this market, titanium, nickel, stainless steel, and aluminum are the major materials used in 3D printing metal market. Titanium is the largest segment for 3D printing metal.
Within the 3D printing metal market, aerospace & defense, automotive, and medical & dental are the major end use industries. Aerospace & defense is the largest segment for the 3D printing metal market. Powder and filament are the major forms of the 3D printing metal market.
North America is expected to remain the largest region over the forecast period due to high demand for 3D printing metal from the aerospace & defense and automotive industries.
3D Systems Corporation, Arcam AB, EOS gmbh Electro Optical Systems, Voxeljet AG, GKN Plc, Sandvik AB, Carpenter Technology Corporation, Renishaw Plc, Hoganas AB, LPW Technology, and Optomec Inc. are among the major manufacturers of 3D printing metal.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the 3D printing metal market by material type, end use industry, form, and region. Lucintel has prepared a comprehensive research report entitled "3D Printing Metal Market 2019-2024: Trends, Forecast, and Opportunity Analysis". The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the 3D printing metal market by material type, end use industry, form, and region as follows:
By Form: [$M shipment analysis for 2013 – 2024]:
By Material Type: [$M shipment analysis for 2013 – 2024]:
Titanium
Nickel
Stainless Steel
Aluminum
Others
By End Use Industry: [$M shipment analysis for 2013 – 2024]:
Aerospace & Defense
Automotive
Medical & Dental
Others
By Region: [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/3d-printing-metal-market.aspx or helpdesk@lucintel.com.
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.