Global Metal Additive Manufacturing Market: Size, Trends & Forecasts (2016-2020)
Scope of the Report
The report titled “Global Metal Additive Manufacturing Market: Size, Trends & Forecasts (2016-2020)”, provides an in-depth analysis of the global metal additive manufacturing market by value, by volume, etc. The report also gives an insight of the global additive manufacturing market.
The key opportunities in the market are also assessed in the report and it also outlines the factors that are and will be driving the growth of the industry. Growth of the global metal additive manufacturing market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The competition in the global metal additive manufacturing market is dominated by the four big players: Arcam Group; 3D Systems Corporation; EOS and Concept Laser Gmbh, who are also profiled with their financial information and respective business strategies.
The global metal additive manufacturing market increased at a significant CAGR during the years 2014-2015 and projections are made that the market would rise in the next four years i.e. 2016-2020 tremendously. The global metal additive market is expected to increase due to increase in the global luxury market; an increase in the global dental market; an increase in the market for hip and knee implants and also because of increase in automotive industry sales.
The metal additive manufacturing market faces some challenges also such as, greater manufacturing cost than conventional methods; material selection and standard development.