Metal 3D printing has been widely adopted by the aerospace & defense industry across major regions. Titanium and its alloys are mainly used in aerospace engineering applications such as manufacturing of engine components as they offer high strength, are lightweight, and provide superior resistance to corrosion. Due to bio-compatibility, they are also used in biomedical applications such as orthopedic and dental implants as well as artificial knee and hip replacement surgeries. Titanium metal offers greater durability in terms of speed, accessibility, and affordability and is thus preferred in metal 3D printing activities for critical applications.
North America dominated the market share and is expected to display CAGR over 30% in terms of revenue. The presence of bigger companies that can afford 3D printing technology and early adoption of the technology are expected to propel the growth of the 3D printing metals market across the region.
Recent changes in the policies across the U.S. is expected to be favorable for 3D printable material growth. Policies to increase investment in defense and manufacturing sector are likely to fuel the demand of the market. Increase of R&D in the market across the region is further expected to drive the product development.
Asia Pacific is anticipated to witness significant growth, driven by rapidly growing manufacturing sector and high economic development in China, India, and South East Asian countries. However, high initial capital to adopt the technology is likely to restrain demand for 3D printing metal markets.
China is expected to record high growth in utilizing the technology in the automotive industry. The economy being one of the largest manufacturers of automotive is likely to support the development of the product. Favorable government regulations are expected to bolster the market further across the economy.
In 2019, the market size of 3D Printing Metals is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for 3D Printing Metals.
This report studies the global market size of 3D Printing Metals, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the 3D Printing Metals production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
3D Systems Corporation
Carpenter Technology Corporation
Equispheres, GKN PLC
Eos GmbH Electro Optical Systems
Concept Laser GmbH
Market Segment by Product Type
Market Segment by Application
Aerospace & defense
Medical & Dental
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the 3D Printing Metals status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key 3D Printing Metals manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of 3D Printing Metals are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025