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3D Printing Metals has wide applications in the aerospace, automotive, construction, defense, and medical industries it's growing applications in lightweight engineering products is anticipated to grow in all the industrial and manufacturing sectors.The 3D metal printing is prominently used in the aerospace & defense industry owing to rapid prototyping and manufacturing speed offered by 3D printing.
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Global 3D Printing Metals Market Industry Trends, Opportunities, Estimation & Forecast, 2019-2027 3D Printing Metals has wide applications in the aerospace, automotive, construction, defense, and medical industries it's growing applications in lightweight engineering products is anticipated to grow in all the industrial and manufacturing sectors.The 3D metal printing is prominently used in the aerospace & defense industry owing to rapid prototyping and manufacturing speed offered by 3D printing. Furthermore, the rising number of applications for additive manufacturing in medical & dental, oil & gas, and educational fields among others present lucrative opportunities for product penetration. The high investments in research and development activities and recent technological trends that denote the development of advanced and better-quality products such as Inconel powder are contributing to the growth of the market. “Global 3D Printing Metals Market was Valued at US$ 345.4 Mn in 2018 And it is Expected to Reach More than US$ 3896.3 Mn by 2027, Likely to Grow with the CAGR of 14.3% During the Forecast Period” To request a sample copy or view summary of this report, click the link below: https://bizizzmarketresearch.com/sample/global-3d-printing-metals-market Powder form segment held the largest share in 2018. It is accounted for nearly 95% of the overall revenue. The powder form of the metal has the ability to form high-density products with complex geometries, which are used to manufacture engine parts and components. An increase in the demand for these products has increased the demand for metals in the powder form. Furthermore, the rising utilization of powders in pure metal equipment manufacturing is likely to encourage market players to invest in this segment. The availability of powders in pure metal form has backed the demand from aerospace, automotive, and medical industries. The medical & dental application segment is anticipated to expand at a significant growth rate by revenue over the forecast period. Increasing applications of 3D printing in the
healthcare industry coupled with shorter supply chain advantages for products associated with critical operations are likely to contribute to the growth of the segment. Asia Pacific is likely to progress at the fastest CAGR of 33.1% in terms of value during the forecast period owing to rapid industrialization in emerging economies across the region. The promotion of private investments by various governments is boosting the manufacturing sector along with the rising investments from governments and private institutions in 3D printing metals are playing a pivotal role in the development of the regional market. The 3D Printing Metals market is competitive in nature as an increasing number of players are entering into the market. Some of the key players in the global 3D Printing Metals Market are Voxeljet AG, Sandvik AB, EOS GmbH Electro Optical Systems, 3D Systems Corporation, Stratasys Ltd., Renishaw plc, General Electric Company, Carpenter Technology Corporation, Materialise NV, Proto Labs, Inc., and The ExOne Company Impact of COVID-19 on Economy, Industry and Company The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions. Areas at which Bizizz Market Research would help decision makers are: a) Insights on current demand & supply gap analysis b) Impact on value chain and supply chain and strategies adopted to off set its impact c) Impact on Industry / company revenue and predictive intelligence on forecast sales d) In-depth analysis on market segmentation – both value and volume analysis e) Market assessment, regional and country attractiveness, competitive benchmarking and entry strategy
f) Prioritizing strategies and how it would impact company’s short to long-term business outlook About Bizizz Market Research: Bizizz Market Research (BMR) is an unique market research, consulting, and business solution organization that offers best strategic and tactical support to customers to enhance their business decision process. BMR team is full of impassioned & dedicated experts who thrives to give their very best to their clients and always ready to take any challenge. Our expanding team of professionals & experts from a wide array of streams and vertical has critical problem solving skills, innovative approaches and research techniques to deliver best solution to our clients. We continuously pushing our capabilities to enhance our services and setting higher quality goals each day. BMR offers syndicated reports, custom reports and consulting services to our clients. We are capable of catering the market research demands of individuals and organizations of various industries across different geographies with utmost data accuracy in minimal turnaround time. Contact Us : Bizizz Market Research 410 E Santa Clara Street, Unit #762 San Jose, CA 95113 Phone :+1 408-622-0123 Email : sales@bizizzmarketresearch.com Website : www.bizizzmarketresearch.com