Global Additive Manufacturing in Powder Metallurgy Market Size study & Forecast, by Powders Production Process (Steel-Based 3D Printing Powders, Titanium-Based 3D Printing Powders, Nickel-Based 3D Printing Powders, Cobalt-Based 3D Printing Powders, Alumin

Global Additive Manufacturing in Powder Metallurgy Market Size study & Forecast, by Powders Production Process (Steel-Based 3D Printing Powders, Titanium-Based 3D Printing Powders, Nickel-Based 3D Printing Powders, Cobalt-Based 3D Printing Powders, Aluminum-Based 3D Printing Powders, Refractory Metals-Based 3D Printing Powders, Other 3D Printing Powders), by End-use (Automotive, Healthcare (Medical and Dental), Aerospace and Defense, Semiconductor Applications, Sports and Consumer Goods, Others) and Regional Analysis, 2023-2030

Global Additive Manufacturing in Powder Metallurgy Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Additive Manufacturing in Powder Metallurgy refers to the use of 3D printing technologies to produce parts and components using metal powders. In this process, metal powder is fused together layer by layer to create a finished part or component. The major driving factors for the Global Additive Manufacturing Powder Metallurgy Market are increasing demand for metal-based parts and components and increasing use of metal in 3D printing. Moreover, investments in research and development and adoption of industry 4.0 are creating lucrative growth opportunity for the market over the forecast period 2023-2030.

The aerospace industry has been an early adopter of metal 3D printing due to its ability to produce lightweight, complex parts with high strength and durability. For example, in 2019, GE Aviation announced that it would be using metal 3D printing to produce fuel nozzles for its LEAP engines, resulting in a reduction in weight and an increase in fuel efficiency. Along with this, the defense industry has also been using metal 3D printing for the production of parts and components. For example, in 2020, the US Army announced that it had successfully 3D-printed a metal part for a Black Hawk helicopter, demonstrating the potential of metal 3D printing to improve the speed and efficiency of maintenance and repair operations. However, the high cost of Additive Manufacturing in Powder Metallurgy stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Additive Manufacturing in Powder Metallurgy Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to grow dominating in the coming years due to the presence of several major players and the adoption of new technologies. The region has a significant demand for metal-based parts and components in industries such as aerospace, automotive, and healthcare, which is expected to drive the growth of the market. Asia-Pacific is expected to grow at a fastest growthrate due to the increasing adoption of 3D printing technologies in countries such as China, Japan, and India. The region has a significant demand for metal-based parts and components in industries such as automotive, aerospace, and electronics, which is expected to drive the market growth.

Major market player included in this report are:
3D Systems Inc.
Admatec Bv
Allegheny Technologies Inc.
Ametek Inc.
Carpenter Technology Corp.
Farsoon Technologies
General Electric
Gkn Powder Metallurgy
Hoganas Ab
Kennametal Inc.

Recent Developments in the Market:
In 2020, Höganäs, a Swedish powder metallurgy company, launched a new range of metal powders for additive manufacturing applications, including a nickel-based superalloy powder for high-temperature applications and a low-alloy steel powder for general-purpose applications.
Sandvik: In 2021, Sandvik, a global engineering group, launched a new range of metal powders for additive manufacturing applications, including titanium, nickel-based superalloys, and stainless-steel powders for use in the aerospace, medical, and energy industries.

Global Additive Manufacturing in Powder Metallurgy Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Powders Production Process, End-use, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
 Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Powders Production Process offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Powders Production Process:
Steel-Based 3D Printing Powders
Titanium-Based 3D Printing Powders
Nickel-Based 3D Printing Powders
Cobalt-Based 3D Printing Powders
Aluminum-Based 3D Printing Powders
Refractory Metals-Based 3D Printing Powders
Other 3D Printing Powders
By End-use:
Automotive
Healthcare (Medical and Dental)
Aerospace and Defense
Semiconductor Applications
Sports and Consumer Goods
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned

3D Systems Inc.
Admatec Bv
Allegheny Technologies Inc.
Ametek Inc.
Carpenter Technology Corp.
Farsoon Technologies
General Electric
Gkn Powder Metallurgy
Hoganas Ab
Kennametal Inc.


Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.