Press Release / Industry / Global 3D printing metals Market to Witness Strong Growth and High Competition among Key Players: ExOne GmbH, Materialise, Renishaw and Arcam AB
Global 3D printing metals Market to Witness Strong Growth and High Competition among Key Players: ExOne GmbH, Materialise, Renishaw and Arcam AB
By mayank22 on April 11 2019 | 641 Views
The global 3D printing metals market is expected to grow at the growth rate of 28.4% to reach USD 2.58 billion by 2025. This comprehensive study reveals the market estimate numbers for different marke
Over the last couple of years, 3D printing technology has become very popular and is poised for an impressive CAGR over the forecast period. Today, the metal material is the fastest growing segment of 3D printing technique. The emergence of new technologies is transforming the landscape of this industry. For instance, in February 2018, Stratasys launched new metal 3D printing platform which provides an effective solution for short-run production applications for industries such as defense, machining, and automotive. This platform is developed based on the company’s proprietary jetting technology and thus offers high part quality and competitive costing. Such introductions would, in turn, develop a healthy platform for the industry to grow strongly. However, the high cost is expected to hamper the growth to some extent.
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Key Takeaway:
-Among the different products, Nickel is projected to grow with the highest growth rate over the forecast period. Whereas, titanium products accounted for the largest share.
-In 2017, powders recorded the largest share (over 90%) owing to the introduction of novel products coupled with its associated benefits
-In terms of application, aerospace application captured the largest share and is projected to dominate the market over the future period.
-Key players such as Materialise, ExOne GmbH, Arcam AB, Renishaw, and Optomec, Inc. are operating in this industry
-The industry is fragmented in nature, characterized by the presence of a large number of small-scale and large-scale Industry rivalry among these players are high and companies are actively engaged in developing new products to capture significant market share.
Browse full report with in-depth ToC on “3D Printing Metals Market, By Products (Nickel, Aluminium, Titanium, and Steel), Types (Powder and Filament), by Application (Automotive, Medical, and Aerospace) and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
www.analystviewmarketinsights.com/report-highlight-3d-printing-metals-market-172/
The scope of this report covers the market by its major segments, as follows: Market, by product: Nickel, Aluminum, Titanium, and Steel; Market, by type: Powder and Filament; Market, by application: Automotive, Medical and Aerospace;
Market, by Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa and Rest of the World; Market, by Country: U.S., Canada, Germany, France, India, and China;
Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):
ExOne GmbH
Materialise
Renishaw
Arcam AB
Optomec, Inc.
Key benefits of the report:
•The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
•A thorough analysis of relevant statistical data to estimate the market paradigms
•Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
•Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments
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