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Metal Additive Manufacturing Market Insights: USD 14.37 Bn Industry Size, Share, and Growth Strategies (2024-2031) | GE Additive, 3D Systems, Desktop Metal

09-13-2024 11:43 AM CET | Chemicals & Materials

Press release from: Coherent Market Insights

Metal Additive Manufacturing Market

Metal Additive Manufacturing Market

The latest market intelligence report published by CMI with the title "Global Metal Additive Manufacturing Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Advanced Materials industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Metal Additive Manufacturing Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/7302

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Key takeaways

1. Technological Advancements:
• Diverse Printing Technologies: The market features several key technologies, including Powder Bed Fusion (e.g., Selective Laser Melting - SLM, Direct Metal Laser Sintering - DMLS), Directed Energy Deposition (DED), Binder Jetting, and Material Extrusion. Each has its unique advantages and applications.
• Material Innovations: Ongoing research is expanding the range of printable metals, including high-performance alloys like titanium, stainless steel, aluminum, and nickel-based superalloys, enhancing the capabilities and applications of metal AM.

2. Increased Adoption Across Industries:
• Aerospace and Defense: The aerospace industry benefits from metal AM for producing lightweight, complex parts with high strength-to-weight ratios, leading to improved fuel efficiency and performance.
• Automotive: The automotive sector uses metal AM for prototyping, tooling, and production of low-volume, high-complexity components, enabling design flexibility and rapid iteration.
• Healthcare: Metal AM is used to create custom implants, prosthetics, and surgical tools, allowing for personalized medical solutions and improved patient outcomes.

3. Cost and Time Efficiency:
• Reduced Lead Times: Metal AM significantly shortens the production cycle for prototypes and custom parts, accelerating time-to-market and reducing development costs.
• Complex Geometries: The technology enables the production of complex and intricate designs that are challenging or impossible to achieve with traditional manufacturing methods, often reducing the need for assembly and minimizing waste.

4. Customization and Personalization:
• Tailored Solutions: Metal AM allows for the customization of parts to specific requirements, such as custom implants for patients or unique components for specialized machinery, enhancing functionality and performance.
• Small-Batch Production: The ability to produce low-volume, high-complexity parts economically makes metal AM ideal for applications requiring bespoke or short-run production.

5. Sustainability and Waste Reduction:
• Material Efficiency: Metal AM processes often use materials more efficiently compared to traditional subtractive manufacturing, where excess material is cut away and wasted.
• Recycling Capabilities: Some metal AM technologies allow for the recycling of unused powder, contributing to more sustainable manufacturing practices.

Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/7302

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Technology Insights (Revenue, USD Bn, 2019 - 2031)
Selective Laser Melting (SLM)
Direct Energy Deposition (DED)
Electron Beam Melting (EBM)
Binder Jetting
Others

• By Application Insights (Revenue, USD Bn, 2019 - 2031)
Aerospace
Automotive
Healthcare
Industrial Equipment
Others

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

• GE Additive
• 3D Systems
• Desktop Metal
• EOS GmbH
• Renishaw
• SLM Solutions
• Stratasys
• Markforged
• Velo3D
• DMG Mori
• HP Inc.
• TRUMPF
• ExOne (a Desktop Metal company)
• Materialise
• Formlabs
• Norsk Titanium
• Optomec
• Prima Additive
• XJet
• VulcanForms

Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmarketinsights.com/insight/buy-now/7302

Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Metal Additive Manufacturing Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Metal Additive Manufacturing Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Metal Additive Manufacturing market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Metal Additive Manufacturing market?
4. What are the prominent market trends influencing the development of the Metal Additive Manufacturing market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Metal Additive Manufacturing market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Metal Additive Manufacturing and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:

Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

☎ Contact Us:

Mr. Shah
Senior Client Partner - Business Development
Coherent Market Insights

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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