Global Metal Additive Manufacturing Market Report 2024: Size, Drivers, And Top Segments
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The metal additive manufacturing market grew from $4.64 billion in 2023 to $5.36 billion in 2024, with a 15.5% CAGR, driven by sector adoption. Forecasted to hit $9.74 billion by 2028, with a 16.1% CAGR, due to dental and educational needs. Trends involve 3D printing advancements and automation.
The metal additive manufacturing market is growing with the adoption of additive manufacturing technologies in the aerospace industry. American Aerospace & Defense industries generated $892 billion in sales in 2021, driving demand for metal additive manufacturing in aerospace applications.
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What Are The Key Trends That Influence Metal Additive Manufacturing Market Share Analysis?
Product innovation is a significant trend in the diamond wall saw market. Leading companies are concentrating on developing new products. For instance, in January 2022, Makita USA Inc., a US-based power tools manufacturer, launched twenty new blades under Phase II of its Diamond Blade program. These blades include designs for soft materials, general purposes, hard materials, and 3D patterns. Featuring a unique bond composition and enhanced segment heights, these diamond blades offer up to 40% faster cutting speeds and last four times longer than previous models.
Which Market Players Are Driving Growth In The Metal Additive Manufacturing Market?
Major companies operating in the metal additive manufacturing market report are Trumpf Inc., Lincoln Electric Additive Solutions, DMG Mori Seiki Co. Ltd., Hoganas AB, EOS GmbH, Renishaw PLC, Stratasys Ltd., Materialise NV, Desktop Metal Inc., SLM Solutions Group AG, Markforged Inc., FormLabs Inc., The ExOne Co., AddUp Solutions SAS, Voxeljet AG, Optomec Inc., SISMA SpA, Additive Industries B.V., 3DEO Inc., GE Additive, Triditive SL, Farsoon Technologies Co. Ltd., XJet Ltd., Sciaky Inc., Norsk Titanium AS, Titomic Ltd., Wuhan Huake 3D Technology Co. Ltd., Xact Metal, XiAn Bright Laser Technologies Co. Ltd., 3D Systems Inc.
How Is The Global Metal Additive Manufacturing Market Segmented?
The metal additive manufacturing market covered in this report is segmented –
1) By Type: Selective Laser Melting (SLM), Electron Beam Melting (EBM), Powder Bed Fusion, Sheet Lamination, Directed Energy Deposition, Binder Jetting
2) By Component: System, Materials, Services And Parts
3) By Application: Automotive Industry, Aerospace Industry, Healthcare And Dental Industry, Tools And Mold, Academic Institutions, Other Applications
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The Metal Additive Manufacturing Global Market Report 2024 provides an overview of the metal additive manufacturingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The metal additive manufacturing market forecast analyzes metal additive manufacturing market size, metal additive manufacturing market share, leading competitor and their market positions.
The Table Of Content For The Metal Additive Manufacturing Market Include
1. Metal Additive Manufacturing Market Executive Summary
2. Metal Additive Manufacturing Market Segments
3. Metal Additive Manufacturing Market Size And Template Market Growth Rate
4. Key Metal Additive Manufacturing Market Trends
5. Major Metal Additive Manufacturing Market Drivers
……
25. Key Mergers And Acquisitions In The Metal Additive Manufacturing Market
26. Top Metal Additive Manufacturing Companies
27. Metal Additive Manufacturing Market Opportunities And Strategies
28. Metal Additive Manufacturing Market, Conclusions And Recommendations
29. Appendix
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