Global Metal Powder Additive Manufacturing Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Metal Powder Additive Manufacturing market size was valued at US$ 1193.5 million in 2023. With growing demand in downstream market, the Metal Powder Additive Manufacturing is forecast to a readjusted size of US$ 1878 million by 2030 with a CAGR of 6.7% during review period.
The research report highlights the growth potential of the global Metal Powder Additive Manufacturing market. Metal Powder Additive Manufacturing are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Metal Powder Additive Manufacturing. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Metal Powder Additive Manufacturing market.
Additive Manufacturing with Metal Powders can produce metallic products through three - dimensional and printing technology. Now it is widely used in automotive industry, aerospace industry and medical industry.3D printing of metals works by laying down metal powder. A high powered laser then melts that powder in certain precise locations based on a CAD file. Once one layer is melted, the printer will place anOthers layer of metal powder on top, and the process repeats until an entire object is fabricated.
Global Additive Manufacturing with Metal Powders key players include EOS GmbH, GE, 3D Systems, SLM Solutions Group AG, Renishaw plc., etc. Global top five manufacturers hold a share over 40%.
Europe is the largest market, with a share over 35%, followed by Asia-Pacific, and North America, both have a share about 60 percent.
In terms of product, Selective Laser Melting (SLM) is the largest segment, with a share over 70%. And in terms of application, the largest application is Aerospace and Defense, followed by Automotive Industrial, Healthcare and Dental, Industrial, etc.
Key Features:
The report on Metal Powder Additive Manufacturing market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Metal Powder Additive Manufacturing market. It may include historical data, market segmentation by Type (e.g., Selective Laser Melting (SLM), Electronic Beam Melting (EBM)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Metal Powder Additive Manufacturing market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Metal Powder Additive Manufacturing market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Metal Powder Additive Manufacturing industry. This include advancements in Metal Powder Additive Manufacturing technology, Metal Powder Additive Manufacturing new entrants, Metal Powder Additive Manufacturing new investment, and other innovations that are shaping the future of Metal Powder Additive Manufacturing.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Metal Powder Additive Manufacturing market. It includes factors influencing customer ' purchasing decisions, preferences for Metal Powder Additive Manufacturing product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Metal Powder Additive Manufacturing market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Metal Powder Additive Manufacturing market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Metal Powder Additive Manufacturing market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Metal Powder Additive Manufacturing industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Metal Powder Additive Manufacturing market.
Market Segmentation:
Metal Powder Additive Manufacturing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Selective Laser Melting (SLM)
Electronic Beam Melting (EBM)
Other
Segmentation by application
Automotive Industry
Aerospace Industry
Healthcare & Dental Industry
Academic Institutions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
EOS GmbH
Concept Laser GmbH
SLM
3D Systems
Arcam AB
ReaLizer
Renishaw
Exone
Wuhan Binhu
Bright Laser Technologies
Huake 3D
Syndaya
Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal Powder Additive Manufacturing market?
What factors are driving Metal Powder Additive Manufacturing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal Powder Additive Manufacturing market opportunities vary by end market size?
How does Metal Powder Additive Manufacturing break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.