(MENAFN- iCrowdNewsWire) 3D Printing Metals Market Growing Trend & Future Demand | 3D Systems Corporation, Renishaw PLC, Stratasys LTD.
iCrowdNewswire Nov 20, 2020 11:55 AM ET
Global 3D Printing Metals Market Size study, by Form (Powder, Filament), Technology (PBF, DED, Binder Jetting, Metal Extrusion), Metal Type (Titanium, Nickel, Stainless Steel, Aluminum), End-Use Industry (A & D, Automotive, Medical & Dental) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider 3D Printing Metals market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, 3D Printing Metals market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Global 3D Printing Metals Market is valued approximately USD 0.77 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 32.5 % over the forecast period 2020-2027. 3D metal printing is also known as the processing of metal additives. This is a manufacturing technology which is used to manufacture complex structures and smaller designs. The introduction of 3D metal printing has helped manufacturers to easily design and develop complex structures that would not have been possible without conventional production techniques being used such as covering the conducting lead grid with a paste formed from a mixture of powdered lead and lead oxide, additives and sufficient quantities of acid and water to achieve the necessary density, followed by a reduction of the sulfated mixture to the porous mass of the lead.
3D metal printing is a manufacturing technique in which manufacturing is carried out layer by layer and, thus, production precision is often improved to a higher degree. Most generally, this method needs only metal powder that can be used as per the manufacturers' specifications to produce different parts and components. Special machines that are capable of creating such complex structures are available. They must, however, be run under human supervision. The use of powder metals to make goods has made it possible for manufacturers to use many kinds of metals and their alloys. The permutation and combination of many metals has thus made it possible for factories to manufacture goods that are more durable, economical and suitable for different industrial and commercial applications. The market is driven by mass customization of products with complex design and structure, low manufacturing costs, reduction in lead times, reduction in waste generation during production, growing demand from the aerospace & defense and automotive industries. The key players of global 3D Printing metals market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In November 2019, Renishaw plc partnered with Sandvik Additive Manufacturing to qualify for production applications with new additive manufacturing (AM) products. These products include a variety of metal powders and new compositions of alloys that can be tailored for the process and superior material properties of the laser powder bed fusion (LPBF) process. Renishaw plc has been creating new metal products for 3D printing with this partnership. Also, In February 2019, Booster, Orbex, and ArianeGroup announced their success in the development of AM process rocket engines. Relativity Space has signed an agreement with NASA in another contract to start a robotic factory using additive manufacturing. However, printer size restriction and high cost of metal could restrain the market growth.
The regional analysis of global 3D Printing Metals Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms growing demand from the aerospace & defense and automotive industries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such Mass customization of products with complex design and structure, low manufacturing costs, reduction in lead times, reduction in waste generation during production would create lucrative growth prospects for the 3D Printing Metals Market across Asia-Pacific region.
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
| Professional Key players:
3D Systems Corporation
Renishaw PLC
Stratasys LTD.
General Electric Company
Carpenter Technology Corporation
Materialise NV
Voxeljet AG
Sandvik AB
EOS GmbH Electro Optical Systems
The ExOne Company
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Market Segmentation:
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| Global 3D Printing Metals Market Size study,
by Form (Powder, Filament), Technology (PBF, DED, Binder Jetting, Metal Extrusion),
Metal Type (Titanium, Nickel, Stainless Steel, Aluminum),
End-Use Industry (A & D, Automotive, Medical & Dental) and Regional Forecasts 2020-2027 |
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
| covid-19 scenario | Market Behavior/ Level of Risk and Opportunity | End Industry Behavior/ Opportunity Assessment | Expected Industry Recovery Timeline | Business Impact Horizon |
| Opening of Economy by Q3 2020 | xx | xx | xx | xx |
| Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 | xx | xx | xx | xx |
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?
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Key Points Covered in 3D Printing Metals Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of 3D Printing Metals market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with 3D Printing Metals Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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