Metal 3D Printer Market Scope
Metal 3D printer is a laser-based technology that uses powdered metals. Metal powder is the backbone of metal 3D printing. The vast majority of metal 3D printing technologies utilize a metal powder. It holds a unique position in modern-day product development. It allows for the direct manufacturing of complex end-use parts and facilitates tooling for conventional manufacturing technologies, reducing costs and lead times. This technology is also known as Direct Metal Laser Sintering (DMLS) and Selective Laser Melting (SLM).
The Metal 3D Printer market study is segmented by Type (Selective Laser Melting (SLM), Electronic Beam Melting (EBM) and Others), by Application (Automotive, Aerospace & Defense and Others) and major geographies with country level break-up.
Global Metal 3D Printer is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
3D Systems (United States), Addup (France), Arcam (Sweden), Concept Laser GmbH (Germany), DMG Mori Aktiengesellschaft (Germany), EOS (Germany), Renishaw (United Kingdom), SISMA S.p.A. (Italy), Desktop Metal (United States) and Sciaky, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Markforged (United States) and Digital Metal (Sweden).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Metal 3D Printer market by Type, Application and Region.
On the basis of geography, the market of Metal 3D Printer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 6th May 2021, 3D Systems announce the acquisition of German software firm, Additive Works GmbH to expand simulation capabilities for rapid optimization of industrial-scale 3D printing processes. The acquisition will help to increase productivity and improve the as-printed product yield and performance.
On 12th November 2020, 3D Systems launched advancements in the creation of the World’s largest, fastest powder metal 3D printer for the CCDC Army Research Laboratory. The new solution will revolutionize key supply chains associated with long-range munitions, next-generation combat vehicles, helicopters, and air and missile defense capabilities
Market Trend
- High Speed and Great Quality Printers
- Government Support and Initiation of 3D Printer
- Rapid Expansion of Printable Materials
Market Drivers
- Expansion of New Industrial 3D Printing Resources
- Ease in Development of Customized Products
- Development of New Industrial-Grade 3D Printing Materials
Opportunities
- Developing Applications in Manufacturing and Improve Supply Chain Management
- Growing Demand for Metal 3D Printer from Automotive, Education, Jewelry, and Printed Electronics Industries
Restraints
- Concerns Related to the Price of Material
- Lack of Skilled Labor
Challenges
- Risks Related to the Cracking and Warping
Key Target Audience
Metal 3D Printer Manufacturers, Metal 3D Printer Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Metal 3D Printer Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027.