Thursday 5 January 2023

3D Printing Metal Market Key Players, Size, Share, Analysis and Forecast To 2031

 

3D Printing Metal Market

The 3D printing metal market is a rapidly growing industry with a wide range of applications, including 3D printing parts for medical and aerospace industries. 3D printing technology has been used to create high-quality products at a fraction of the cost compared to traditional manufacturing processes. 3D printing metals allow engineers, architects, and industrial designers to produce complex geometries that could not be achieved with traditional manufacturing techniques.

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3D printing metal materials are available in various types such as stainless steel, titanium alloy, aluminum alloy, copper alloys, cobalt chromium alloys and nickel superalloys. 3D Printing metals offer greater precision than traditional machining methods, allowing for more accurate production of intricate shapes on a smaller scale. 3D printed metals offer increased mechanical strength and improved surface finish compared to traditional manufacturing processes.

The global 3D Printing Metal Market is expected to grow steadily in the next few years due to an increasing demand from industries such as aerospace & defense, automotive, medical & dental and others. The main drivers for the growth of this market are the increasing adoption of 3D print technologies by companies worldwide along with increased investment in R&D activities by several key players in the 3D Printing Metal Market. Moreover, technological advancements such as low temperature sintering techniques combined with automated powder recycling systems will further propel the growth of 3D Printing Metal market over the forecast period.

Companies- 

  • Sandvik AB
  • ATI Powder Metals
  • Advanced Metallurgical Group
  • Rio Tinto
  • American Axle & Manufacturing, Inc.
  • Carpenter Powered Products
  • Showa Denko Materials
  • GKN PLC
  • Praxair Surface Technologies Inc.
  • Aubert & Duval
  • Höganäs AB
  • voestalpine BÖHLER Edelstahl GmbH & Co KG
  • Royal Metal Powders
  • Australian Metal Powders Supplies Pty Ltd.
  • CNPC Powder Group Co., Ltd.
  • Renishaw
  • Materialise NV
  • Stratasys Ltd.
  • Optomec, Inc
  • 3D Systems Corporation
  • Arcam AB

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Rising investments in 3d printer manufacturers by venture capitalists and government organizations will also help propel market growth over the forecast period. Governments across many countries have begun investing heavily in 3d printers and related software to enhance their manufacturing capabilities which will further drive demand for 3d printed metals over the forecast period. Several leading players such as Stratasys Ltd., HP Inc., EOS GmbH Electro Optical Systeme GmbH and Dassault Systemes S A are focusing on developing advanced systems for producing 3d printed parts from metals like titanium alloys and stainless steel which is another major factor driving demand for 3d printed metals over the forecast period.

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