What is 3D Printing Metal Market Scope?
3D printing metal is a manufacturing technology that is used for the production of complex structures and smaller designs. The introduction of 3D printing metal has helped manufacturers to design and develop complex structures with an easy and comfort way which would have not been possible without the use of conventional manufacturing techniques. This technique usually requires only metal powder which can be used to manufacture several parts and components as per the requirement of the producers. There are special machines which are capable of manufacturing such complex structures.
The 3D Printing Metal market study is being classified, by Application (Engine component, Biomedical, Consumer Electronics, Jewelry and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. The players are also focusing on new innovation of metals that can be used as 3D printing metals. Analysts at AMA predicts that Vendors from German and United States will contribute to the maximum growth of Global 3D Printing Metal market throughout the predicted period.
Stratasys Ltd. (Israel), EOS GmbH (Germany), Voxeljet AG (Germany), 3D Systems Corporation (United States), Arcam AB (Sweden), Renishaw Plc (United Kingdom), Hoganas AB (Sweden), Siemens (Germany), Optomec Inc. (United States), Concept Laser (Germany), Nanosteel (United States) and Norsk Titanium (Norway) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Carpenter Technology Corporation (United States) and LPW Technology (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global 3D Printing Metal market by Type, Application and Region.
On the basis of geography, the market of 3D Printing Metal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Market Influencers and their development strategies
October 16, 2018: Solukon Maschinenbau GmbH is teaming up with Siemens to release the SFM-AT800S post-processing system. The machine will allow users to finish up their metal prints and clean up the powder residues the process incurs. The system also features the latest developments in smart powder removal technologies. Metal print post-processing systems can help mitigate some of the issues of powder bed systems.
October 5, 2018: Germany-based Fraunhofer Institute of Laser Technology have developed a novel new laser powder bed fusion technique. The new process leads to parts with far lower rates of distortion and stress as they fuse metal. The technique can thus create very high quality parts with a new heat balance in the build chamber. and September 7, 2018: Researchers at Yale University have just demonstrated a new means of 3D printing metal using metallic glass filaments. The technology provides a means of producing metal through processes similar to extrusion. Despite being metal, BMGs (bulk metallic glasses) become far softer upon heating, allowing for easier deposition, similar to that of thermoplastics.
Influencing Market Trend
- Increasing Technological Advancements Combined with 3D Technology
- Growing Acceptance of 3D Metal Printing
Market Drivers
- Rising Demand for High-Quality Metal Powders with Enhanced Properties
- Raising Demand for Prosthetic and Dental Implants
Opportunities
- Rising Investments in R&D Activities
- Increasing Demand for Tools and Components used in 3D Printing
Restraints
- Fluctuations in Raw Material Prices of 3D Metal Printing
Challenges
- Build Times for 3D Metal Printing are Much Longer
- Parts can’t be Larger than the Machines Build Platform
Key Target Audience
Manufacturers of 3D Printing Metal, Suppliers of 3D Printing Metal, Wholesalers, distributers and retailers of 3D Printing Metal, Aerospace Industry, Research Firms and Governmental Bodies
Customization available in this Study:
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