Additive Manufacturing with Metal Powders Market Trends, Key Players, DROT, Analysis & Forecast Till 2028

The global additive manufacturing with metal powders market is expected to reach USD 65.70 Billion by 2028, according to a new report by Reports and Data.

The globaladditive manufacturing with metal powders marketis expected to reach USD 65.70 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with increasing demand in the automotive industry globally. Based on statistics, Affordable Manufacturing cost is expected to become the most common growth interest globally in the coming years. High customer Requirements and Global Enhanced demand from aerospace and automation industryare also significant factors stimulating market demand.

The term Additive manufacturing is also known as the fabrication of objects through the deposition of a material by using a print head, nozzle, along with another printer technology. Additive manufacturing with metal powders is the process of joining elements to make objects from 3D model data, usually layer upon layer, as exposed to subtractive production methodologies such as machining.

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Further key findings from the report suggest

  • Alloy is projected to be one of the fastest growing Product of the market. The segment is projected to grow at a CAGR of 14.5% in the forecast period.
  • Expanding influence towards light weight and functionally combined parts in automotive and aerospace industry to reduce environmental impact along with biodegradable implants for medical treatments is expected to drive additive manufacturing (AM) with metal powders market growth. Increased usage of AM in fabrication of aerospace, end-use products in automotive, oil gas, dental restorations, and medical implants should propel technology demand.
  • North American market is forecasted to grow at a CAGR of 14% in the coming years. The usage of smart phones and penetration of IoT is considered to be one of the leading factors of the market growth.
  • Key participants include APC, 3D Systems, ATI Metals, AddUp Solutions (Fives/Michelin), Additive Industries, Alcoa/Arconic, Concept Laser, Arcam, Carpenter, EOS.

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Product Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Plastic
  • Metal
  • Alloy

TechnologyOutlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Laser based-powder bed fusion
  • Bluetooth AntennaBlown powder

ApplicationOutlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Aerospace
  • Automotives
  • Medical
  • Energy utilities
  • Oil gas

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Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Significant Features that are under Offering and Key Highlights of the Reports:

Detailed overview of the Additive Manufacturing with Metal Powders Market

Changes in industry market dynamics

Detailed market segmentation by type, application, etc.

Historical, current and projected market size in terms of quantity and value

Recent industry trends and developments

Competition situation of Additive Manufacturing with Metal Powders Market

Key companies and product strategies

Potential niche segment/region showing promising growth.

Finally, the Additive Manufacturing with Metal Powders Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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