Metal Additive Manufacturing Market, By Technology (Selective Laser Melting, Direct Energy Deposition, Electron Beam Melting, Binder Jetting, and Others), By Application, By Geography

Description

Global metal additive manufacturing market is estimated to be valued at USD 5.85 Bn in 2024 and is expected to reach USD 14.37 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 5.85 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	13.70%	2031 Value Projection:	US$ 14.37 Bn

Figure. Metal Additive Manufacturing Market Share (%), By Region, 2024

Metal Additive Manufacturing Market - IMG1

Additive manufacturing (AM), also known as 3D printing, is a process of joining materials to make objects from 3D model data, usually layer upon layer. In metal additive manufacturing, metal powder materials such as titanium alloys, nickel alloys, aluminum alloys, and others are used to produce metal parts. Metal additive manufacturing industry has transformed manufacturing by enabling the production of complex geometries that are impossible or impractical to achieve with traditional methods. It allows mass customization and reduces waste. The technology also helps in optimizing part designs for enhanced structural integrity and performance. With continued advancements in materials and processes employed, there has been huge adoption of metal additive manufacturing across various industries like automotive, aerospace, healthcare, industrial equipment and consumer products.

Market Dynamics:

Global metal additive manufacturing market growth is driven by various factors such as rising demand from aerospace & defense industry, reduced waste generation, and design flexibility offered by metal additive manufacturing. The need for specialized parts with complex geometries in aerospace industry can drive the market growth. However, high capital investment and lack of standardization can hamper the market growth. Meanwhile, discovery of new metal materials for 3D printing and automation of post-processing activities can offer significant growth opportunities.

Key features of the study:

This report provides in-depth analysis of the global metal additive manufacturing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global metal additive manufacturing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GE Additive, 3D Systems, Desktop Metal, EOS GmbH, Renishaw, SLM Solutions, Stratasys, Markforged, Velo3D, DMG Mori, HP Inc., TRUMPF, ExOne (a Desktop Metal company), Materialise, Formlabs, Norsk Titanium, Optomec, Prima Additive, XJet, and VulcanForms
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global metal additive manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global metal additive manufacturing market

Detailed Segmentation-

By Technology Insights (Revenue, USD Bn, 2019 - 2031)
- Selective Laser Melting (SLM)
- Direct Energy Deposition (DED)
- Electron Beam Melting (EBM)
- Binder Jetting
- Others
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Aerospace
- Automotive
- Healthcare
- Industrial Equipment
- Others
By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- GE Additive
- 3D Systems
- Desktop Metal
- EOS GmbH
- Renishaw
- SLM Solutions
- Stratasys
- Markforged
- Velo3D
- DMG Mori
- HP Inc.
- TRUMPF
- ExOne (a Desktop Metal company)
- Materialise
- Formlabs
- Norsk Titanium
- Optomec
- Prima Additive
- XJet
- VulcanForms

Product Code: CMI7302

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Metal Additive Manufacturing Market, By Technology
- Global Metal Additive Manufacturing Market, By Application
- Global Metal Additive Manufacturing Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Metal Additive Manufacturing Market, By Technology, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Selective Laser Melting (SLM)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Direct Energy Deposition (DED)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Electron Beam Melting (EBM)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Binder Jetting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Metal Additive Manufacturing Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Industrial Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Metal Additive Manufacturing Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Technology, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

GE Additive
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
3D Systems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Desktop Metal
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EOS GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Renishaw
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SLM Solutions
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Stratasys
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Markforged
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Velo3D
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
DMG Mori
HP Inc.
TRUMPF
ExOne (a Desktop Metal company)
Materialise
Formlabs
Norsk Titanium
Optomec
Prima Additive
XJet
VulcanForms

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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