3D Printed Metal Based on Powder Form Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2033 at a CAGR of 12.5% from 2026 to 2033.
In 2022, the global market for 3D printed metal based on powder form was valued at approximately $15.6 billion, with an anticipated compound annual growth rate (CAGR) of 26.2% from 2023 to 2030. North America led the market, accounting for 35% of the global share, driven by the presence of advanced manufacturing industries and significant investments in research and development. Europe followed with a 30% share, bolstered by its strong industrial base and emphasis on technological advancements. The Asia Pacific region held a 25% share, with countries like China, Japan, and India experiencing rapid industrialization and increasing adoption of 3D printing technologies. Latin America and the Middle East & Africa each contributed 5% to the global market. The aerospace and defense sector dominated the application landscape in 2022, representing 45% of the market share due to the demand for lightweight, high strength components. The automotive industry accounted for 25%, leveraging 3D printing for prototyping and production of complex parts. The healthcare sector contributed 15%, driven by the customization of implants and prosthetics. Tool and mold making comprised 10% of the market, while other applications made up the remaining 5%. Material wise, iron based metal powders led with a 40% share, followed by titanium at 30%, nickel at 15%, aluminum at 10%, and other metals at 5%. Opportunities for growth in the market include advancements in powder production techniques, expanding applications in emerging industries, and the integration of additive manufacturing with technologies like IoT and AI to enhance efficiency and reduce costs.
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3D Systems Corporation
Stratasys Ltd.
Renishaw plc
General Electric Company
Carpenter Technology Corporation
Materialize NV
Voxeljet AG
Sandvik AB
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 3D Printed Metal Based on Powder Form Market
Stainless Steel
Aluminum Alloys
Titanium Alloys
Cobalt Chrome
Nickel Alloys
Aerospace
Automotive
Healthcare
Energy
Consumer Products
Selective Laser Melting (SLM)
Electron Beam Melting (EBM)
Directed Energy Deposition (DED)
Binder Jetting
Laser Metal Deposition (LMD)
Particle Size Distribution
Flowability
Bulk Density
Morphology
Composition
Prototyping
Tooling
Functional Parts
Complex Geometries
Customized Products
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global 3D Printed Metal Based on Powder Form Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 3D Printed Metal Based on Powder Form Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 3D Printed Metal Based on Powder Form Market, By Type
6. Global 3D Printed Metal Based on Powder Form Market, By Application
7. Global 3D Printed Metal Based on Powder Form Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global 3D Printed Metal Based on Powder Form Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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