Market Overview:
The global metal additive manufacturing systems market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and customized products, growing popularity of 3D printing technology, and rising investments in research and development activities. Based on type, the powder bed fusion segment is expected to account for the largest share of the global metal additive manufacturing systems market in 2018. This segment is projected to grow at a CAGR of 16.8% during the forecast period. Powder bed fusion technology offers high accuracy and repeatability along with reduced manufacturing time as compared to other technologies such as directed energy deposition (DED) and binder jetting (BJ). Based on application, aerospace is expected to account for the largest share of the global metal additive manufacturing systems market in 2018.
Product Definition:
Metal additive manufacturing systems are machines that use 3D printing technology to create objects from metal powder. These systems can be used to create prototypes, tooling, and end-use parts. Metal additive manufacturing is important because it allows manufacturers to produce complex metal parts quickly and efficiently.
Powder bed fusion:
Powder bed fusion (PBF) is a process of fusing materials in which the powders are sintered at extremely high temperatures to form an intimate mixture. The powder is then dropped into a bath of molten metal, where it solidifies to create an integrated structure. This method allows for the production of complex three-dimensional shapes with high precision and low cost.
Directed energy deposition:
Directed energy deposition (DED) is a technology that uses high power laser or electron beam to burn or etch materials. The beam acts as a tool to create and modify material properties by melting, cutting, vaporizing etc. DED has wide applications in various industries such as automotive & transportation, aerospace & defense and electronics among others.
Application Insights:
The aerospace application segment accounted for the largest revenue share of over 30% in 2017. The metal additive manufacturing systems are used to produce complex geometries and high-performance parts with enhanced strength, thermal resistance, and weight reduction. The industry is expected to witness significant growth owing to increasing demand for aircraft components including engine mounts, fasteners, heat exchangers tubes & pipes from 2018 to 2030.
The automotive sector is also anticipated to witness considerable growth over the forecast period due largely on account of rising demand for lightweight materials that reduce vehicle weight without affecting its performance ability.
Regional Analysis:
Asia Pacific dominated the global metal additive manufacturing systems market in 2017. The region is expected to maintain its position during the forecast period owing to increasing investments and favorable government policies for the development of 3D printing technology. In addition, rising demand for small and medium-sized parts printed using metals is also expected to drive regional growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to growing adoption by industries such as aerospace and automotive, which are investing heavily in research & development activities related metal additive manufacturing. Moreover, growing interest among consumers towards these technologies has led manufacturers across all industry verticals including healthcare & medicine, architecture & construction, education etc., adopt this technology across their product offerings thereby driving regional growth over the forecast period.
Growth Factors:
- Increasing demand for lightweight and high-performance components in automotive and aerospace industries
- Growing popularity of 3D printing technology across different industry verticals
- Rising investments in research and development activities for metal additive manufacturing systems
- Proliferation of internet of things (IoT) and cloud-based services that are fuelling the growth of Industry 4.0
- Emergence of new materials such as titanium alloys, nickel alloys, etc., for additive manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Additive Manufacturing Systems Market Research Report
By Type
Powder bed fusion, Directed energy deposition, Binder jetting, Sheet lamination
By Application
Aerospace, Healthcare, Toos and mould, Academic institutions, Automotive
By Companies
Arcam, EOS, ExOne, Renishaw, SLM Solutions, Concept Laser, Phenix Systems
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Metal Additive Manufacturing Systems Market Report Segments:
The global Metal Additive Manufacturing Systems market is segmented on the basis of:
Types
Powder bed fusion, Directed energy deposition, Binder jetting, Sheet lamination
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
Aerospace, Healthcare, Toos and mould, Academic institutions, Automotive
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:
- Arcam
- EOS
- ExOne
- Renishaw
- SLM Solutions
- Concept Laser
- Phenix Systems
Highlights of The Metal Additive Manufacturing Systems 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 bed fusion
- Directed energy deposition
- Binder jetting
- Sheet lamination
- By Application:
- Aerospace
- Healthcare
- Toos and mould
- Academic institutions
- Automotive
- 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 Metal Additive Manufacturing Systems 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
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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?
Metal additive manufacturing systems are machines that use a variety of metal powders to create 3D objects. The machine uses a heated platform to deposit the metal powder on top of a plastic or other material, which is then fused together using heat and pressure.
Some of the key players operating in the metal additive manufacturing systems market are Arcam, EOS, ExOne, Renishaw, SLM Solutions, Concept Laser, Phenix Systems.
The metal additive manufacturing systems market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Additive Manufacturing Systems 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 Metal Additive Manufacturing Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Additive Manufacturing Systems 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 Metal Additive Manufacturing Systems 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 Metal Additive Manufacturing Systems Market Size & Forecast, 2020-2028
4.5.1 Metal Additive Manufacturing Systems Market Size and Y-o-Y Growth
4.5.2 Metal Additive Manufacturing Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Powder bed fusion
5.2.2 Directed energy deposition
5.2.3 Binder jetting
5.2.4 Sheet lamination
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Healthcare
6.2.3 Toos and mould
6.2.4 Academic institutions
6.2.5 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Additive Manufacturing Systems 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 Metal Additive Manufacturing Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Powder bed fusion
9.6.2 Directed energy deposition
9.6.3 Binder jetting
9.6.4 Sheet lamination
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 Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Healthcare
9.10.3 Toos and mould
9.10.4 Academic institutions
9.10.5 Automotive
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Powder bed fusion
10.6.2 Directed energy deposition
10.6.3 Binder jetting
10.6.4 Sheet lamination
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 Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Healthcare
10.10.3 Toos and mould
10.10.4 Academic institutions
10.10.5 Automotive
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Powder bed fusion
11.6.2 Directed energy deposition
11.6.3 Binder jetting
11.6.4 Sheet lamination
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 Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Healthcare
11.10.3 Toos and mould
11.10.4 Academic institutions
11.10.5 Automotive
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Powder bed fusion
12.6.2 Directed energy deposition
12.6.3 Binder jetting
12.6.4 Sheet lamination
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 Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Healthcare
12.10.3 Toos and mould
12.10.4 Academic institutions
12.10.5 Automotive
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Powder bed fusion
13.6.2 Directed energy deposition
13.6.3 Binder jetting
13.6.4 Sheet lamination
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) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Healthcare
13.10.3 Toos and mould
13.10.4 Academic institutions
13.10.5 Automotive
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 Metal Additive Manufacturing Systems Market: Competitive Dashboard
14.2 Global Metal Additive Manufacturing Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arcam
14.3.2 EOS
14.3.3 ExOne
14.3.4 Renishaw
14.3.5 SLM Solutions
14.3.6 Concept Laser
14.3.7 Phenix Systems
