Metal 3D Printing Market: Share, Size, Growth, and Industry Trends – Report for 2023-2028
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MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The Global Metal 3D Printing Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
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Global Metal 3D Printing Market Insights 2023-2028
The Global Metal 3D Printing Market is projected to grow at a CAGR of around 30% during the forecast period, i.e., 2023-28.
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Top Players in the Metal 3D Printing Market:
- 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.
Segmentation Analysis of Metal 3D Printing Market
Metal 3D Printing Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023 to 2028, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
- 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 Jetting
- Metal Extrusion
- Others
- By Application
- Aerospace and Defense
- Improved Development Cycles
- Designing of Complex Parts
- Design Consolidation
- Manufacturing of Spares
- Weight Reduction
- Efficiency of the Materials
- Assurance of in-Process Quality
- Medical and Healthcare
- Automotive
- Other (Construction, Tool and Die, General Engineering)
- Aerospace and Defense
- By Metal & Alloys Type
- Titanium and Its Alloys
- Complexity of Parts
- Strength-Weight Ratio
- Aerospace
- Automotive
- High-Temperature Strengths
- Biocompatibility
- Reduced Wastage
- Reduced Printing Time
- Aluminum and Its Alloys
- Steels
- Nickel and Its Alloys
- Other Alloys
- Titanium and Its Alloys
Here, Titanium & its Alloys are anticipated to dominate the global market with the largest share during 2023-28. It owes principally to the rapidly increasing demand for titanium-based 3D printed products across the automotive, aerospace & defense sectors, etc. The increasing demand for titanium & its alloys owes majorly to their properties like high temperature & impact resistance, non-corrosive & resistance against changing weather, etc., which, in turn, would generate remunerative growth opportunities for the global market through 2028.
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A Comprehensive Geographical Analysis:
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Of all regions globally, North America dominated the market with the largest share in recent years & is anticipated to prevail the same trend during the forecast period.
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