Metal Additive Manufacturing Market Report: Trends, Forecast and Competitive Analysis to 2030

Metal Additive Manufacturing Trends and Forecast

The future of the global metal additive manufacturing market looks promising with opportunities in the automotive, aerospace, healthcare & dental, tools and mold, and academic institution markets. The global metal additive manufacturing market is expected to reach an estimated $7.5 billion by 2030 with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are surge in consumer electronics demand and growing demand for wearable gadgets.

A more than 150-page report is developed to help in your business decisions.

Metal Additive Manufacturing by Segment

The study includes a forecast for the global metal additive manufacturing by type, application, and region.

Metal Additive Manufacturing Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Selective Laser Melting (SLM)
• Electron Beam Melting (EBM)
• Powder Bed Fusion
• Sheet Lamination
• Directed Energy Deposition
• Binder Jetting

Metal Additive Manufacturing Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive Industry
• Aerospace Industry
• Healthcare & Dental Industry
• Tools and Mold
• Academic Institutions
• Others

Metal Additive Manufacturing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Metal Additive Manufacturing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metal additive manufacturing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal additive manufacturing companies profiled in this report include-

• EOS
• BeAM Machines
• Wuhan Huake 3D
• GE Additive
• SLM Solutions
• 3D Systems
• Trumpf

Metal Additive Manufacturing Market Insights

Lucintel forecasts that selective laser melting (SLM) is expected to witness the highest growth over the forecast period because it helps in producing high-resolution and low-volume components.

Within this market, automotive industry will remain the largest segment due to growing utilization of metal additive manufacturing in the automotive industry for the production of parts, components, and prototypes.

North America will remain the largest region over the forecast period due to rapid industrialization and growing demand within the automotive sector in the region.

Features of the Global Metal Additive Manufacturing Market

Market Size Estimates: Metal additive manufacturing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Metal additive manufacturing market size by type, application, and region in terms of value ($B).

Regional Analysis: Metal additive manufacturing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the metal additive manufacturing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metal additive manufacturing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the metal additive manufacturing market size?

Answer: The global metal additive manufacturing market is expected to reach an estimated $7.5 billion by 2030.

Q2. What is the growth forecast for metal additive manufacturing market?

Answer: The global metal additive manufacturing market is expected to grow with a CAGR of 15.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the metal additive manufacturing market?

Answer: The major drivers for this market are surge in consumer electronics demand and growing demand for wearable gadgets.

Q4. What are the major segments for metal additive manufacturing market?

Answer: The future of the global metal additive manufacturing market looks promising with opportunities in the automotive, aerospace, healthcare & dental, tools and mold, and academic institution markets.

Q5. Who are the key metal additive manufacturing market companies?

Answer: Some of the key metal additive manufacturing companies are as follows:

• EOS
• BeAM Machines
• Wuhan Huake 3D
• GE Additive
• SLM Solutions
• 3D Systems
• Trumpf

Q6. Which metal additive manufacturing market segment will be the largest in future?

Answer: Lucintel forecasts that selective laser melting (SLM) is expected to witness the highest growth over the forecast period because it helps in producing high-resolution and low-volume components.

Q7. In metal additive manufacturing market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rapid industrialization and growing demand within the automotive sector in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the metal additive manufacturing market by type (selective laser melting (slm), electron beam melting (ebm), powder bed fusion, sheet lamination, directed energy deposition, and binder jetting), application (automotive industry, aerospace industry, healthcare & dental industry, tools and mold, academic institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?