3D Metal Printing Market overview, challenge, outlook and forecast 2014 - 2025
The global 3D metal printing market is expected to reach USD 2.86 billion by 2025, according to a new report by Radiant insights, inc. Metals are the fastest growing 3D printing materials worldwide on account of high application scope coupled with increasing demand from the medical and dental application.
The market has witnessed advancements, both in terms of technologies and materials, in order to facilitate low cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing of products for wide range of applications.
Numerous companies including GE have been utilizing metal 3D printing for the development of aerospace parts. In December 2016, Sigma Labs entered into a new contract with Honeywell aerospace. The Defense Advanced Research Project Agency (DARPA) selected the company for completion of phase III of the Open Manufacturing (OM) program. It is aimed at reducing the barriers involved in the metal 3D printing process including speed, cost, and repeatability.
Download full research Report @ http://www.radiantinsights.com/research/3d-metal-printing-market
Further key findings from the report suggest:
• Powder segment is expected to witness the fastest CAGR of over 30% from 2016 to 2025 on account of significant technological development in the field of metal printers
• Aerospace & defense sector dominated the industry in 2015 with a share of over 35% and is anticipated to witness significant growth on account of high application scope in military aircraft, aircraft engine, commercial aircraft, complex weapon systems, high volume weapons, and munition components
• The medical sector accounted for a share of over 30%, in terms of revenue, in 2015 on account of increasing use of the technology in medical implants, medical devices, and surgical equipment including crowns & bridges, model castings, and abutments
• Titanium is expected to witness rapid growth from 2016 to 2025 on account of superior mechanical properties, accuracy in production, and early adoption of the product in aerospace & defense and medical industry
• Asia Pacific is anticipated to witness the fastest growth of over 30% from 2016 to 2025 on account of rapid industrial development, supportive government policies, and high R&D investment in China, Japan, and South Korea
• New product development is one of the major strategies being adopted by the industry players in order to strengthen their global position
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/3d-metal-printing-market/request-sample
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. 3D Metal Printing Market Variables, Trends & Scope
3.1. 3D Metal Printing Market segmentation
3.2. 3D Metal Printing Market size and growth prospects, 2014 - 2025
3.3. 3D Metal Printing Market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material Trend
3.5. Regulatory framework
3.6. 3D Metal Printing Market dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.7. Penetration & growth prospect mapping
3.8. 3D printing metals Porter's analysis
3.9. 3D printing metals competitive scenario, 2015
3.10. 3D Metal Printing Market PESTEL analysis, 2015
Chapter 4. 3D Printing Metals Application Estimates & Trend Analysis
4.1. Global 3D Metal Printing Market share, by application, 2015 & 2024
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
The market has witnessed advancements, both in terms of technologies and materials, in order to facilitate low cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing of products for wide range of applications.
Numerous companies including GE have been utilizing metal 3D printing for the development of aerospace parts. In December 2016, Sigma Labs entered into a new contract with Honeywell aerospace. The Defense Advanced Research Project Agency (DARPA) selected the company for completion of phase III of the Open Manufacturing (OM) program. It is aimed at reducing the barriers involved in the metal 3D printing process including speed, cost, and repeatability.
Download full research Report @ http://www.radiantinsights.com/research/3d-metal-printing-market
Further key findings from the report suggest:
• Powder segment is expected to witness the fastest CAGR of over 30% from 2016 to 2025 on account of significant technological development in the field of metal printers
• Aerospace & defense sector dominated the industry in 2015 with a share of over 35% and is anticipated to witness significant growth on account of high application scope in military aircraft, aircraft engine, commercial aircraft, complex weapon systems, high volume weapons, and munition components
• The medical sector accounted for a share of over 30%, in terms of revenue, in 2015 on account of increasing use of the technology in medical implants, medical devices, and surgical equipment including crowns & bridges, model castings, and abutments
• Titanium is expected to witness rapid growth from 2016 to 2025 on account of superior mechanical properties, accuracy in production, and early adoption of the product in aerospace & defense and medical industry
• Asia Pacific is anticipated to witness the fastest growth of over 30% from 2016 to 2025 on account of rapid industrial development, supportive government policies, and high R&D investment in China, Japan, and South Korea
• New product development is one of the major strategies being adopted by the industry players in order to strengthen their global position
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/3d-metal-printing-market/request-sample
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. 3D Metal Printing Market Variables, Trends & Scope
3.1. 3D Metal Printing Market segmentation
3.2. 3D Metal Printing Market size and growth prospects, 2014 - 2025
3.3. 3D Metal Printing Market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material Trend
3.5. Regulatory framework
3.6. 3D Metal Printing Market dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.7. Penetration & growth prospect mapping
3.8. 3D printing metals Porter's analysis
3.9. 3D printing metals competitive scenario, 2015
3.10. 3D Metal Printing Market PESTEL analysis, 2015
Chapter 4. 3D Printing Metals Application Estimates & Trend Analysis
4.1. Global 3D Metal Printing Market share, by application, 2015 & 2024
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
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