The global 3D printing metal market is projected to be worth USD 5,739.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing metal market is observing an accelerated growth rate attributed to its increasing demand from the aerospace defense industry. The use of 3D printing of metal parts finds usage in the production of intricate and lightweight components and structures to provide improved strength and durability to the aircraft and increased fuel efficiency. GE Additive, a GE division, GE has been deploying 3D printing to produce Advanced Turboprop for aircraft and has achieved a reduction in engine parts from 855 to just 12. The Cessna Denali aircraft equipped with 3D manufactured Advanced Turboprop is likely to debut in 2020.

3D metal printing is considered a sustainable production method primarily owing to its ability to reduce waste generation and being energy-efficient significantly. 3D printing uses only the required amount of material to add layer by layer to produce printed structures ensuring wastage of metals to a minimum. For instance, aircraft manufacturers reject about 90.0% of the material, which won’t be required for future purposes. Thus, 3D printing metal plays a vital in substantial cost saving by the manufacturers.

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Furthermore, the report provides a comprehensive overview of the 3D Printing Metal Market  along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

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Some Key Highlights from the Report

• In September 2020, ExOne announced the InnoventPro 3D printer launch, which provides two novel build sizes for 3/5 liter and printing rate, reaching 700 cc/hour for the metal, composite, and ceramic parts manufacturer.
• 3D printing metal filaments offer the benefits of shape fabrication and 3D printing simultaneously with two or more metal.
• Nickel and nickel-based alloys substantially improve the produced parts' strength and corrosion resistivity and offer enhanced aesthetic appeal. Automotive part manufacturers nickel alloys for engine component printing.

Key participants include 3D Systems Corporation, ExOne GmbH, Hoganas AB, Arcam AB, Materialise NV, Voxel Jet AG, GKN PLC, Equispheres, Renishaw PLC, and Carpenter Technology Corporation, among others.

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Emergen Research has segmented the global 3D printing metal market on the basis of form, metal type, technology, industry vertical, and region:

Form Outlook (Revenue, USD Billion; 2017-2027)

• Filament
• Powder

Metal Type Outlook (Revenue, USD Billion; 2017-2027)

• Titanium
• Nickel
• Aluminum
• Stainless Steel
• Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

• Powder Bed Fusion
• Directed Energy Deposition
• Binder Jetting
• Metal Extrusion
• Others

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

• Aerospace Defense
• Automotive
• Medical Dental
• Marine
• Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America
1. U.S.
2. Canada
3. Mexico
• Europe
1. Germany
2. UK
3. France
4. BENELUX
5. Rest of Europe
• Asia Pacific
1. China
2. Japan
3. South Korea
4. Rest of APAC
• Latin America
1. Brazil
2. Rest of LATAM
• MEA
1. Saudi Arabia
2. UAE
3. Rest of MEA

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