3D Printing Metals Market Size, Share, and Growth Report 2032

The global 3D printing metals market size was worth around USD 2.34 billion in 2023 and is predicted to grow to around USD 15.64 billion by 2032 with a compound annual growth rate (CAGR) of roughly 23.50% between 2024 and 2032. The report covers forecasts and analyses for the 3D printing metals market on a global and regional level. The study provides historic data from 2018 To 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the 3D printing metals market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the 3D printing metals market on a global level.

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In order to give the users of this report a comprehensive view of the 3D printing metals market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, form, and end-use segments are benchmarked based on their market size, growth rate, and general attractiveness.

3D Printing Metals Market: Overview

3D printing is an engineering technique where the material is fused in three dimensions by the layering of solid material in the sequence straight from a predefined computer file which contains the 3D digital model. The process can also be called as additive manufacturing. 3D metal printing is an industrial technology which is utilized for the production of smaller structures with compact designs. With the introduction of the 3D metal printing technology, manufacturers in recent times can manufacture complex structures with design flexibility which could not be achieved with the help of old and conventional manufacturing procedures and techniques. 3D printing metal technology is done layer by layer and thus, the production efficiency of the small structures increases with optimum accuracy. Moreover, this accuracy is achieved with the help of special machines which are designed for manufacturing such complex and composite structures.

The 3D printing metals market is likely to experience the highest growth rate in developed as well as developing countries over the projected timeline. Technological advancements and continuous innovation will boost market growth and development. The rising and growing adoption of 3D metal printing as a commercial manufacturing technology in different industry sectors are likely to boost market development and growth. Industries such as healthcare & medical, aerospace & defense, and others are the early adopters of 3D printing technology for production and manufacturing of various components. This has resulted in an increasing demand for tools, materials, or components that are used in 3D printing. Also, the manufacturers and the big players are significantly investing in R&D in order to cut short of the raw material and other expenses as the raw material prices keep fluctuating. Additionally, the metal printers associated with the additive manufacturing of end-use parts are going to foster the market growth and development. These aforementioned factors are anticipated to contribute towards the 3D printing metals market growth over the forecast timeline. 

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3D Printing Metals Market: Segmentation

The study provides a decisive view of the 3D printing metals market by segmenting the market based on type, form, end use, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024.

Based on the type, the 3D printing metals market is segmented into titanium, aluminum, nickel, steel, and others.

On the basis of form, the 3D printing metals market is divided into filament and powder.

On the basis of end-use, the market is bifurcated into automotive, aerospace & defense, healthcare, and others. 

3D Printing Metals Market: Report Scope

3D Printing Metals Market: Regional Analysis

The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for the 3D printing metals market based on all segments in all regions and countries.

Asia Pacific region is growing with the highest growth rate in the global 3D printing metals market. The region is predicted to continue its dominant position over the forecast span. The growth of this regional market is due to rapid technological breakthroughs. Additionally, the fastgrowing manufacturing sector coupled with the increasing economic development of emerging countries such as India and China will fuel the expansion of the regional market. North America is projected to have a significant revenue share in the global 3D printing metals market. The region is considered developed and diverse. With the presence of big players across the region, most of the research activities and product developments are confined to the region. This will boost the regional market growth. These are the factors which are expected to boost the growth and development of the global 3D printing metals market across the world.

3D Printing Metals Market: Competitive Analysis

• 3D Systems Corporation
• Optomec Inc.
• Arcam AB
• Sandvik AB
• Renishaw plc
• Carpenter Technology Corporation
• Voxeljet AG
• GKN PLC
• Höganäs AB
• Concept Laser GmbH.

The global 3D printing metals market is segmented as follows:

By Type 

• Titanium
• Nickel
• Steel
• Aluminum
• Others

By Form 

• Powder
• Filament

By End User

• Automotive

• Aerospace & Defense
• Healthcare
• Others

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa