Global Metal 3D Printing

Global Metal 3D Printing Market Research Report: Forecast (2021-2026)

By Raw Material (Powder-Based Raw Material, Resin-Based Raw Material, Lamina-Based Raw Material, Filament/Wire-Based Raw Material), By Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Read more

  • ICT & Electronics
  • Mar 2022
  • 243
  • IT88014

Market Definition

Metal 3D Printing is a laser-based technology that uses wired or powdered metals to selectively bind together particles while distributing even metal layers to create the structure. Currently, 3D printing has a small role in the metal industry, yet swiftly gaining momentum & expanding its applications across different verticals like aerospace & defense, medical & healthcare, automotive, construction, & general engineering, among others. The technology is used majorly to create complex & detailed products that require high accuracy & precision, designing & prototyping, making tools, mold, & inserts, etc.

Market Insights

The Global Metal 3D Printing Market is projected to grow at a CAGR of around 30% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the growing need for prototyping & advanced manufacturing processes across different sectors like aerospace & defense, medical & healthcare, automotive, construction, general engineering, etc. 

Additionally, the mounting need to speed up the designing cycle & reduce the time-to-market is also driving the metal 3D printing market. Besides, several manufacturing companies are actively adopting additive technology while taking R&D initiatives for metal 3D printing technology to bring precision, accuracy, & perfection to their production line.

The escalating demand for precise & accurate manufacturing of final products for applications like prototyping & designing is also stimulating the adoption of metal 3D printers worldwide. Furthermore, the medical & healthcare sector shall display lucrative growth opportunities for the leading players in the market owing to an accelerated need for metal 3D printing technology to create medical equipment & implants and curb physical disabilities in people.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 30%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy
Asia-Pacific: China, India, Japan, South Korea
South America: Brazil, and Argentina
Middle East & Africa: Saudi Arabia, South Africa
Key Companies Profiled Carpenter Technology Corporation, Sandvik AB, Linde, Renishaw PLC, Materialise, SLM Solutions, Intech Additive Solutions Pvt. Ltd., 3D Systems, Inc., Trumpf GmbH + Co. Kg, Stratasys Ltd
Unit Denominations USD Million/Billion

 

Impact of Covid-19 on the Global Metal 3D Printing Market

 The Covid-19 pandemic in 2020 catastrophically impacted most industries worldwide, where the Global Metal 3D Printing Market was no exception. With the imposition of stringent restrictions & lockdowns by the governments of different countries worldwide to curb the spread of this dreadful disease. The global market witnessed several unprecedented challenges amidst the crisis, like disruptions in the supply chain that led to the shortage of raw materials & deliveries of pre-produced products across different regions. Additionally, shortage of labor & declining demand for metal 3D printers & products further led to the shutdown of production houses & facilities. It, in turn, resulted in massive financial loss to prominent leaders in the market.

However, with an escalating number of Covid-19 cases, the healthcare sector instigated the demand for these printers for deeper study & research, intending to find cures & vaccinations. As a result, the market witnessed a temporary upswing mid-while the crisis.

With the gradual decline in the number of Covid-19 cases, governments of different countries worldwide uplifted the restrictions & allowed the recommencement of business operations. It enabled market players to regain their production pace and recover from the losses.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Metal 3D Printing Market
  5. Global Metal 3D Printing Market Trends & Insights
  6. Global Metal 3D Printing Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Metal 3D Printing Market Hotspots & Opportunities
  8. Global Metal 3D Printing Market Value Chain Analysis
  9. Global Metal 3D Printing Market Regulations & Policy
  10. Global Metal 3D Printing Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material
        1. Powder-Based Raw Material
        2. Resin-Based Raw Material
        3. Lamina-Based Raw Material
        4. Filament/Wire-Based Raw Material
      2. By Technology
        1. Powder Bed Fusion
        2. Directed Energy Deposition
        3. Binder Jetting
        4. Metal Extrusion
        5. Others
      3. By Application
        1. Aerospace and Defense
          1. Improved Development Cycles
          2. Designing of Complex Parts
          3. Design Consolidation
          4. Manufacturing of Spares
          5. Weight Reduction
          6. Efficiency of the Materials
          7. Assurance of in-Process Quality
        2. Medical and Healthcare
        3. Automotive
        4. Other (Construction, Tool and Die, General Engineering)
      4. By Metal & Alloys Type
        1. Titanium and Its Alloys
          1. Complexity of Parts
          2. Strength-Weight Ratio
            1. Aerospace
            2. Automotive
          3. High-Temperature Strengths
          4. Biocompatibility
          5. Reduced Wastage
          6. Reduced Printing Time
        2. Aluminum and Its Alloys
        3. Steels
        4. Nickel and Its Alloys
        5. Other Alloys
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      6. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  11. North America Metal 3D Printing Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material  
      2. By Technology
      3. By Application
      4. By Metal & Alloys Type
      5. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    4. Canada Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    5. Mexico Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
  12. South America Metal 3D Printing Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material 
      2. By Technology
      3. By Application
      4. By Metal & Alloys Type
      5. By Country
        1. Brazil
        2. Argentina
        3. Others
    3. Brazil Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    4. Argentina Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
  13. Europe Metal 3D Printing Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material 
      2. By Technology
      3. By Application
      4. By Metal & Alloys Type
      5. By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Others
    3. Germany Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    4. The U.K. Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    5. France Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    6. Italy Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
  14. Middle East & Africa Metal 3D Printing Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material 
      2. By Technology
      3. By Application
      4. By Metal & Alloys Type
      5. By Country
        1. Saudi Arabia
        2. South Africa
        3. Others
    3. Saudi Arabia Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    4. South Africa Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
  15. Asia Pacific Metal 3D Printing Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Raw Material 
      2. By Technology
      3. By Application
      4. By Metal & Alloys Type
      5. By Country
        1. India
        2. China
        3. Japan
        4. South Korea
        5. Others
    3. India Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    4. China Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    5. Japan Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
    6. South Korea Metal 3D Printing Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Application
        2. By Metal & Alloys Type
  16. Key Strategic Imperatives for Success and Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Carpenter Technology Corporation
      2. Sandvik AB
      3. Linde
      4. Renishaw plc
      5. Materialise
      6. SLM Solutions.
      7. Intech Additive Solutions Pvt. Ltd.
      8. 3D Systems, Inc.
      9. Trumpf GmbH + Co. Kg
      10. STRATASYS LTD.
  18. Disclaimer
Global Metal 3D Printing Market Segmentation
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