3D printing is also referred as additive manufacturing which is a process of developing three dimensional solid objects from a digital file. The additive process is used to achieve a 3D printed object. In this process, an object is made by laying down successive layers of material until the required object is created. Metals constitute one of the major materials used in 3D printing.
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The factors driving the growth of the global 3D printing metals market include its increasing applications in developing lightweight products, increased strength and reduced manufacturing cost. Rising research and development activities along with the technological advancements in 3D printing metals are some factors bolstering the growth of global 3D printing metals market during the forecast period. 3D printing metals finds its application in the mainstream of the production process in several industries including aerospace and defense, medical and dental are paving the way for 3D printing metals in the market worldwide. 3D printing metals offer certain advantages such as minimizes overall production cost, excellent corrosion resistive property, high tensile strength, and minimized material use, and these advantages are leading to an increased demand for such metals in the market. The products which can be printed by 3D printers have a limitation in terms of size and high initial cost of 3D printing materials are some factors hampering the growth of global 3D printing metals market.
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Various notable players operating in the market, include, 3D Systems Corporation, Renishaw PLC, General Electric Company, Materialise NV, Voxeljet AG, Sandvik AB, The ExOne Company, SLM Solutions Group AG, SLM Solutions Group AG, Titomic Limited, among others.
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The global 3D Printing Metals market has been segmented on the basis of Form, Technology, Metal Type, End-Use Industry and key regions. Based on Form, the market is segmented into Powder and Filament. Based on Technology, the market is segmented into Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion and Others. Based on Metal Type, the market is segmented into Titanium, Nickel, Stainless Steel, Aluminum and Others. Based on End-Use Industry the market is segmented into Aerospace & Defense, Automotive, Medical & Dental and Others.
Key questions answered in this research report:
- At what pace is global 3D Printing Metals market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in 3D Printing Metals market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global 3D Printing Metals market?
- Which Form generated maximum revenues in 2019 and identify the most promising Form during the forecast period?
- What are the various Technology of global 3D Printing Metals market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
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