Market Overview:
The global laser metal deposition printer market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 3D printing technology across various industries and rising adoption of additive manufacturing technology in academic institutions. In terms of type, the powder-based segment is expected to hold a major share of the global laser metal deposition printer market during the forecast period. This can be attributed to factors such as lower cost and higher accuracy offered by powder-based printers as compared with wire-based printers. In terms of application, automotive industry is expected to hold a major share of the global laser metal deposition printer market during the forecast period.
 Printer Industry Outlook.svg)
Product Definition:
Laser Metal Deposition (LMD) printers are machines that use lasers to fuse metal powder together, forming a three-dimensional object. LMD printers are important because they can create objects with very intricate details that would be difficult or impossible to create with traditional manufacturing methods.
Powder Based:
Powder-based LMD is a type of laser metal deposition technology that utilizes powdered materials such as binder resin, metallic powder, and plastic powder to form a thin film on the material surface. The advantages of this technology include low operating costs and high speed.
Wire Based:
Wire-based LMD is a technology used in laser metal deposition (LMD) printers. It is also known as wire-feed or direct metal printing technology. The process involves feeding of wires from an spool to form a printable shape and the shape can be printed on almost every material like plastic, glass, etc.
The advantages of wire based LMD are low cost per unit volume.
Application Insights:
The application segment is segregated as automotive industry, aerospace industry, healthcare and dental industries, academic institutions and others. The automotive application segment accounted for the largest market share in 2017 owing to the rising demand for LMD systems from various other applications such as aerospace & defense.
The growing popularity of 3D printing has stimulated demand for LMD printers across the globe. The ability of LMD systems to produce high-quality parts with high accuracy at a relatively low cost is expected to fuel its growth over the forecast period. In addition, increasing government initiatives towards promoting additive manufacturing are further anticipated to propel its usage in various end-use industries such as aerospace and defense over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in infrastructure development and rising demand for consumer electronics. In addition, growing industrialization and rapid urbanization are also contributing toward industry expansion in this region.
The U.S., China, Japan, Germany, South Korea, India and Mexico are among the major countries that have adopted laser metal deposition technology across various applications such as aerospace & defense (LMD printers), automotive (LMD machines), medical devices & dental equipment manufacturing industries since 2015 or earlier when these systems were first introduced into these markets by companies such as 3D Systems Corporation; Stratasys Ltd.; EOS Maser Inc.; SLS Microsystems GmbH; ZEISS International; Nikon Corporation; Leica Microsystems AG etc.
Growth Factors:
- Increasing demand for 3D printing technology in various industries
- Rising adoption of LMD printers by small and medium-sized businesses
- Growing popularity of metal additive manufacturing among end-users
- Proliferation of laser deposition systems with enhanced performance features
- Emergence of new applications for LMD printers in aerospace, defense, and medical sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Metal Deposition(LMD) Printer Market Research Report
By Type
Powder Based, Wire Based
By Application
Automotive Industry, Aerospace Industry, Healthcare and Dental Industry, Academic Institutions, Others
By Companies
Additec, FormAlloy, ELB-Schliff, InssTek, Mazak, Okuma, Prima Additive, Trumpf
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Laser Metal Deposition(LMD) Printer Market Report Segments:
The global Laser Metal Deposition(LMD) Printer market is segmented on the basis of:
Types
Powder Based, Wire Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Aerospace Industry, Healthcare and Dental Industry, Academic Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Additec
- FormAlloy
- ELB-Schliff
- InssTek
- Mazak
- Okuma
- Prima Additive
- Trumpf
 Printer Market Overview.svg)
Highlights of The Laser Metal Deposition(LMD) Printer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder Based
- Wire Based
- By Application:
- Automotive Industry
- Aerospace Industry
- Healthcare and Dental Industry
- Academic Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Metal Deposition(LMD) Printer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Printer Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laser metal deposition (LMD) printers are a type of 3D printer that use lasers to deposit metal layers on top of a print bed. The process is similar to other types of 3D printers, but the laser helps create very detailed prints with little or no waste.
Some of the major players in the laser metal deposition(lmd) printer market are Additec, FormAlloy, ELB-Schliff, InssTek, Mazak, Okuma, Prima Additive, Trumpf.
The laser metal deposition(lmd) printer market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Metal Deposition(LMD) Printer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser Metal Deposition(LMD) Printer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Metal Deposition(LMD) Printer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser Metal Deposition(LMD) Printer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser Metal Deposition(LMD) Printer Market Size & Forecast, 2018-2028
4.5.1 Laser Metal Deposition(LMD) Printer Market Size and Y-o-Y Growth
4.5.2 Laser Metal Deposition(LMD) Printer Market Absolute $ Opportunity
Chapter 5 Global Laser Metal Deposition(LMD) Printer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
5.2.1 Powder Based
5.2.2 Wire Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Metal Deposition(LMD) Printer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Aerospace Industry
6.2.3 Healthcare and Dental Industry
6.2.4 Academic Institutions
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Metal Deposition(LMD) Printer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Metal Deposition(LMD) Printer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laser Metal Deposition(LMD) Printer Analysis and Forecast
9.1 Introduction
9.2 North America Laser Metal Deposition(LMD) Printer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
9.6.1 Powder Based
9.6.2 Wire Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Aerospace Industry
9.10.3 Healthcare and Dental Industry
9.10.4 Academic Institutions
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laser Metal Deposition(LMD) Printer Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Metal Deposition(LMD) Printer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
10.6.1 Powder Based
10.6.2 Wire Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Aerospace Industry
10.10.3 Healthcare and Dental Industry
10.10.4 Academic Institutions
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laser Metal Deposition(LMD) Printer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Metal Deposition(LMD) Printer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
11.6.1 Powder Based
11.6.2 Wire Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Aerospace Industry
11.10.3 Healthcare and Dental Industry
11.10.4 Academic Institutions
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laser Metal Deposition(LMD) Printer Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Metal Deposition(LMD) Printer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
12.6.1 Powder Based
12.6.2 Wire Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Aerospace Industry
12.10.3 Healthcare and Dental Industry
12.10.4 Academic Institutions
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laser Metal Deposition(LMD) Printer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Metal Deposition(LMD) Printer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laser Metal Deposition(LMD) Printer Market Size Forecast by Type
13.6.1 Powder Based
13.6.2 Wire Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laser Metal Deposition(LMD) Printer Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Aerospace Industry
13.10.3 Healthcare and Dental Industry
13.10.4 Academic Institutions
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Metal Deposition(LMD) Printer Market: Competitive Dashboard
14.2 Global Laser Metal Deposition(LMD) Printer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Additec
14.3.2 FormAlloy
14.3.3 ELB-Schliff
14.3.4 InssTek
14.3.5 Mazak
14.3.6 Okuma
14.3.7 Prima Additive
14.3.8 Trumpf
