3D Printing Metal Market Scope and Regional Outlook, Regional Outlook with details Analysis, Competi

In the Global 3D Printing Metal Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the 3D Printing Metal industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the 3D Printing Metal market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. As of 2017, the research study provides historical data and offers forecasts up to 2027. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

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.

3D metal printing is considered a sustainable production method primarily owing to its ability to reduce waste generation and being energy-efficient significantly. 3D printing uses only the required amount of material to add layer by layer to produce printed structures ensuring wastage of metals to a minimum. For instance, aircraft manufacturers reject about 90.0% of the material, which won’t be required for future purposes. Thus, 3D printing metal plays a vital in substantial cost saving by the manufacturers.

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Market Dynamics:

The report offers insightful information about the market dynamics of the 3D Printing Metal market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the 3D Printing Metal market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the 3D Printing Metal market.

Radical Highlights of the 3D Printing Metal Market 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.
• Binder Jetting is about ten times more cost-effective compared to 3D printing metal processes. Also, the build size achieved by this technology is much large, and the printing of parts doesn’t require any support during the process, allowing the realization of intricate designs.
• The market in the Asia Pacific region is projected to grow at the fastest rate of 30.3% in the forecast period attributed to the presence of leading manufacturing firms, especially automotive firms, supportive regulations, several space launches by renowned space agencies like ISRO, and increased investments in R&D for 3D printing.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

3D Systems Corporation

ExOne GmbH

Hoganas AB

Arcam AB

Materialise NV

Voxel Jet AG

GKN PLC

Equispheres

Renishaw PLC

Carpenter Technology Corporation

others.

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3D Printing Metal Market Segmentation:

By Product Type:

• Titanium
• Nickel
• Aluminum
• Stainless Steel
• Others

By Application:

• Aerospace & Defense
• Automotive
• Medical & Dental
• Marine
• Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Rising demand for advanced materials in many end-use verticals such as consumer electronics, medical, defense, and aerospace industries is driving global metamaterial market revenue growth