(EMAILWIRE.COM, July 06, 2019 ) The report "3D Printing Metals Market by Form (Powder and Filament), Type (Titanium, Nickel, Stainless Steel, Aluminum), End-Use Industry (Aerospace & Defense, Automotive, Medical & Dental), and Region (APAC, North America, Europe, MEA, SA) - Global Forecast to 2027", The global 3D printing metals market is projected to grow from USD 590 million in 2018 to USD 2,834 million by 2027, at a CAGR of 19.0% from 2018 to 2027.

Request for PDF of report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=34714085

Technological advancements, capacity expansion, new product developments, and expiry of key patents for powder-based selective laser sintering are factors influencing the overall demand for 3D printing metals.

By type, the titanium segment is estimated to account for the largest share of the 3D printing metals market during the forecast period.

Metal 3D printing has been widely adopted by the aerospace & defense industry across major regions. Titanium and its alloys are mainly used in aerospace engineering applications, such as engine component manufacturing, owing to their high strength, lightweight, and superior corrosion resistance properties. Due to their biocompatibility, they are also used in biomedical applications, such as orthopedic and dental implants as well as artificial knee and hip replacement surgeries. The titanium metal offers greater strength than other materials and is thus preferred for metal 3D printing activities in critical applications.

The aerospace & defense industry is estimated to be the fastest-growing end-use industry segment of the 3D printing metals market during the forecast period.

The volume of 3D printing metals consumed by the aerospace & defense sector constitutes more than one-third of the total 3D printing metals end-user market. This high consumption is mainly attributed to the huge demand for 3D printing metals from aircraft manufacturing companies and engine component manufacturers. Owing to its high precision and accuracy, metal 3D printing with a large print box is used to print larger aircraft components measuring around 15 kilograms. Availability of new materials for tooling and prototyping, demand for prosthetic and dental implants, and high investments for new product development will significantly contribute to the growth of the 3D printing metals market in the automotive, medical & dental, and other industry verticals.

Don't miss out on business opportunities in 3D Printing Metals Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=34714085

Browse in-depth TOC on "3D Printing Metals Market”
121 - Market Data Tables
47 - Figures
152 - Pages

North America is expected to hold the largest share of the 3D printing metals market during the forecast period.

North America is considered as the major regional market for 3D printing metals. With most of the research activities and new product developments confined in this region, North America will be the most dominant market for 3D printing metals as compared to other regions. The 3D printing metals market in Asia Pacific is, however, projected to witness the highest CAGR during the forecast period, followed by North America and Europe.

Key players in the 3D Printing metals market include Stratasys Ltd. (US), 3D Systems Corporation (US), EOS GmbH (Germany), Materialise NV (Belgium), GE Additive (US), Renishaw plc (UK), voxeljet AG (Germany), 3D Systems, Inc. (US), Sandvik AB (Sweden), and Hoganas AB (Sweden), among others.

Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=34714085

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us


----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results