About Metal 3D Printer
Metal 3D printer is a laser-based technology that uses powdered metals. Metal powder is the backbone of metal 3D printing. The vast majority of metal 3D printing technologies utilize a metal powder. It holds a unique position in modern-day product development. It allows for the direct manufacturing of complex end-use parts and facilitates tooling for conventional manufacturing technologies, reducing costs and lead times. This technology is also known as Direct Metal Laser Sintering (DMLS) and Selective Laser Melting (SLM).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Metal 3D Printer is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3D Systems (United States), Addup (France), Arcam (Sweden), Concept Laser GmbH (Germany), DMG Mori Aktiengesellschaft (Germany), EOS (Germany), Renishaw (United Kingdom), SISMA S.p.A. (Italy), Desktop Metal (United States) and Sciaky, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Markforged (United States), Digital Metal (Sweden) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Metal 3D Printer market by Type (Selective Laser Melting (SLM), Electronic Beam Melting (EBM) and Others), Application (Automotive, Aerospace & Defense and Others) and Region.
On the basis of geography, the market of Metal 3D Printer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Atomic Diffusion Additive Manufacturing (ADAM) will boost the Metal 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Metal 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Speed and Great Quality Printers, Government Support and Initiation of 3D Printer and Rapid Expansion of Printable Materials
Market Growth Drivers:
Expansion of New Industrial 3D Printing Resources, Ease in Development of Customized Products and Development of New Industrial-Grade 3D Printing Materials
Challenges:
Risks Related to the Cracking and Warping
Restraints:
Concerns Related to the Price of Material and Lack of Skilled Labor
Opportunities:
Developing Applications in Manufacturing and Improve Supply Chain Management and Growing Demand for Metal 3D Printer from Automotive, Education, Jewelry, and Printed Electronics Industries
Market Leaders and their expansionary development strategies
In May 2021, 3D Systems announce the acquisition of German software firm, Additive Works GmbH to expand simulation capabilities for rapid optimization of industrial-scale 3D printing processes. The acquisition will help to increase productivity and improve the as-printed product yield and performance.
In November 2020, 3D Systems launched advancements in the creation of the World’s largest, fastest powder metal 3D printer for the CCDC Army Research Laboratory. The new solution will revolutionize key supply chains associated with long-range munitions, next-generation combat vehicles, helicopters, and air and missile defense capabilities
Key Target Audience
Metal 3D Printer Manufacturers, Metal 3D Printer Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.