Global Market Report on 3D Printing of Metals 2019 to 2029
After initial commercialization in the 1990s, 3D printing metals has witnessed a flurry of interest in recent years. Key players have been quick to capitalize on this demand, enjoying exponential revenue growth since 2013 as a result.
The influx of new powder bed fusion equipment vendors since 2015 has helped to drive down printer prices and met the surging demand for this type of printer. There is significant appetite for metal 3D printers which offer lower cost solutions to help customers fully leverage the plethora of benefits offered by additive manufacturing.
Over the past few years, several companies have launched new printer technologies with the promise of overcoming some of the existing barriers to adoption, such as lower printer prices, faster build speeds, cheaper materials, and more. Increasing throughput and streamlining production efficiencies will drive demand growth for printers and materials substantially.
Given these market trends, IDTechEx Research forecasts that the global market for metal 3D printing will reach a value of $19bn by the year 2029. These forecasts and further market analysis can be found in the latest IDTechEx Research report on the topic, ‘3D Printing of Metals 2019-2029’.
The 3D printing metals market comprises multiple different printer technologies. ‘3D Printing of Metals 2019-2029’ takes an in-depth look into established printer types such as Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), Directed Energy Deposition (DED) and Binder Jetting. Key technological capabilities, applicable markets, SWOT analyzes and key manufacturers are discussed for each established printer type. In addition, nascent printer technologies are introduced, and their technological capabilities evaluated.
This report provides a detailed overview of currently supported materials for metal 3D printing, assessing production methods, raw material requirements across different printer types and their potential applications. In addition, novel methods for creating new materials for metals 3D printing are discussed.
In this report IDTechEx Research forecasts the overall metal 3D printing market to 2029, with in depth discussion of currently commercialized and emerging printer technologies. The current state of the printers and materials market is analyzed, and long-range forecasts from 2019 to 2029 for installed base, units sold and revenue per annum segmented by printer type and material are evaluated.
IDTechEx conducted exhaustive primary research with companies positioned throughout the entire 3D printing value chain for key insights into the trends impacting growth to 2029. Over 30 company profiles have been included in the report including EOS, Concept Laser and Arcam, amongst others.