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Metal Additive Manufacturing Market by Type (Powder Bed Fusion, Binder Jetting, Direct Energy Deposition, Bound Powder Extrusion, Others), by Component (Systems, Materials, Service and parts), by End User Industry (Aerospace, Automotive, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2022-2030

Metal Additive Manufacturing Market by Type (Powder Bed Fusion, Binder...

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Metal Additive Manufacturing Market by Type (Powder Bed Fusion, Binder Jetting, Direct Energy Deposition, Bound Powder Extrusion, Others), by Component (Systems, Materials, Service and parts), by End User Industry (Aerospace, Automotive, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2022-2030
Metal Additive Manufacturing Market by...
Report Code
RO4/128/1005

Publish Date
29/Mar/2023

Pages
200
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The global metal additive manufacturing market size was US$ 264.8 million in 2021. The global metal additive manufacturing market size is estimated to reach US$ 407.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2022 to 2030.
Metal additive manufacturing, generally known as 3D metal printing, is a specialized procedure for manufacturing metal elements by utilizing wire, metal powder, or metal sheet. Machinery utilizes a laser or an electron beam to heat metal in powder or wire form to consolidate it into the form of an object.

Factors Influencing Market Growth

- The different benefits, like less waste generation, fast-paced production, and recreation of legacy parts, are anticipated to drive the overall market growth.
- The rise in demand in the aerospace industry eventually drives the overall market expansion.
- The increase in industrialization and advancements in 3D metal printing technology that have made it more accessible are anticipated to drive the overall market growth.

Effect of the COVID-19 Pandemic

COVID-19 had a severe impact on the overall market expansion. Due to reduced R&D activities. Moreover, metal additive manufacturing systems could not be effectively installed through OEMs during the lockdown period. Thus, hindering the overall market expansion.

Regional Analysis

North America held the highest market share in 2021 and is anticipated to grow at the highest CAGR during the analysis period. This is due to the advanced acquisitions in industrial sectors like electronics, automobiles, and healthcare.

Leading Competitors
The prominent players in the global metal additive manufacturing market are:
- BeAM Machine
- Xi?an Bright Laser Technologies
- GE Additive
- Renishaw
- Farsoon Technologies
- DMG Mori
- Sisma
- SLM Solutions
- Trumpf
- Others
Segmentation Analysis
The global metal additive manufacturing market segmentation focuses on Type, Component, End User Industry, and Region.
Segmentation on the basis of Type
- Powder Bed Fusion
- Binder Jetting
- Direct Energy Deposition
- Bound Powder Extrusion
- Others

Segmentation on the basis of Component
- Systems
- Materials
- Service and parts

Segmentation on the basis of End User Industry
- Aerospace
- Automotive
- Healthcare
- Others

Segmentation on the basis of Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America

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