Market Research Logo

Global Metal Material based 3D Printing Market 2017-2021

Global Metal Material based 3D Printing Market 2017-2021

About Metal Material Based 3D Printing

3D printing is a technique in which a scanned or digitally designed object is formed into a three-dimensional solid using an additive process. In this process, metal is applied in successive layers with very less wastage. 3D printing products are built from materials that are alternatives to conventional plastic and metals. The global metal material-based 3D printing market will grow at a rapid rate during the forecast period. The growth is attributed to the emerging demand from the aerospace and healthcare industry. 3D printing metals help in achieving complex geometries, extreme requirements, and weight reduction for the aerospace industry.

Technavio’s analysts forecast the global metal material based 3D printing market to grow at a CAGR of 10.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global metal material based 3D printing market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Metal Material Based 3D Printing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arcam
  • EOS
  • Hoganas
  • Sandvik
  • SLM Solutions
Other prominent vendors
  • Concept Laser
  • ExOne
  • Renishaw
Market driver
  • Support from government and other organizations.
  • For a full, detailed list, view our report
Market challenge
  • High cost of printers and materials leading to high production cost.
  • For a full, detailed list, view our report
Market trend
  • Increase in demand for aircraft engines from OEMs.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Metal Material Based 3D Printing Market 2017-2021

Technavio recognizes the following companies as the key players in the global metal material based 3D printing market: Arcam, EOS, Hoganas, Sandvik, and SLM Solutions.

Other Prominent Vendors in the market are: Concept Laser, ExOne, and Renishaw.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increase in demand for aircraft engines from OEMs. Aircraft engine production and development is one of the largest market opportunities for the 3D printing materials industry, especially for metals. The advancements in CAD and additive technology are leading to an increase in the use of metal 3D printed parts for functional use in engines. 3D printing helps in reducing the weight of the engine and provides complex design capability for new objects.”

According to the report, one driver in market is prominence in industrial applications over plastics. Metal 3D printing is used in a wide range of industrial applications and is gaining market share over plastics. Metal 3D printing is widely adopted for prototyping processes because it can produce complex shapes in a shorter lead time. Some of the high valued and most advanced products from 3D printing are aircraft engines and turbine components. The industrial end-users are service bureaus, research institutions, and the aerospace industry. The aerospace industry for metal 3D printing is expected to grow at a rapid rate (CAGR of 25%-30%) based on the demand coming from engine and system components.

Further, the report states that one challenges in market is high cost of printers and materials leading to high production cost. 3D printing technology is more expensive than traditional manufacturing alternatives. Among different 3D printing machines, the metal producing machines are the most expensive. Machines specifically designed for the healthcare, aerospace, automotive, and industrial industries are much more expensive than printers for the consumer segment. High machine cost, expensive metal powders, and slower built rate makes metal 3D printing costlier than other materials. Metal 3D printing derives approximately 50% of its total revenue from machines while non-metal derives only 25%. Metal 3D printing is still in a nascent stage, with research institutions being the major consumers of these systems. This leads to less service and consumables demand. The metal 3D printing system’s unit price is approximately seven times higher than other materials. On an average, a metal 3D printing machine costs $400,000 to $500,000.

Companies Mentioned

Arcam, EOS, Hoganas, Sandvik, SLM Solutions, Concept Laser, ExOne, and Renishaw.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
      • Table 3D printing process
      • Table 3D printing supply chain
  • Market landscape
    • Overview: Global metal material-based 3D printing market
      • Table Segmentation: Global metal material-based 3D printing market
      • Table Global 3D printing materials market by type
      • Table Global metal material-based 3D printing market 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market 2016-2021
      • Table Different metals: Properties and applications
      • Table Relative positioning of 3D printing
    • Five forces analysis
      • Table Five forces analysis
  • 3D printing methods
    • Table Types of 3D printing
    • Comparison of powder bed fusion and directed energy deposition
      • Table Comparative analysis of powder bed fusion and directed energy deposition
      • Table Powder bed fusion systems versus directed energy deposition systems (number of installed units)
    • Comparison of SLM and EBM
      • Table Comparative analysis of SLM and EBM
      • Table EBM versus SLM (by units)
      • Table Relative positioning of SLM and EBM
  • Market segmentation by type
    • Overview: Global metal material-based 3D printing market by type
      • Table Global metal material-based 3D printing market by type 2016 and 2021
      • Table Global metal material-based 3D printing market by type 2016 and 2021
    • Titanium
      • Table Global metal material-based 3D printing market for titanium 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market for titanium 2016-2021
    • Stainless steel
      • Table Global metal material-based 3D printing market for stainless steel 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market for stainless steel 2016-2021
    • Nickel
      • Table Global metal material-based 3D printing market for nickel 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market for nickel 2016-2021
    • Aluminum
      • Table Global metal material-based 3D printing market for aluminum 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market for aluminum 2016-2021
    • Others
      • Table Global metal material-based 3D printing market for others 2016 and 2021 ($ millions)
      • Table Forecast: Global metal material-based 3D printing market for others 2016-2021
  • Market segmentation by end-user
    • Overview: Global metal material-based 3D printing market by end-user
      • Table Global metal material-based 3D printing market by end-user 2016
      • Table Global 3D printing materials market in the healthcare industry 2015
  • Geographical segmentation
    • Overview: Global metal material-based 3D printing market by geography
      • Table Global metal material-based 3D printing market by geography 2016 and 2021
      • Table Global metal material-based 3D printing market by geography 2016 and 2021
    • Metal material-based 3D printing market in Americas
      • Table Metal material-based 3D printing market in Americas 2016 and 2021 ($ millions)
      • Table Forecast: Metal material-based 3D printing market in Americas 2016-2021
    • Metal material-based 3D printing market in EMEA
      • Table Metal material-based 3D printing market in EMEA 2016 and 2021 ($ millions)
      • Table Forecast: Metal material-based 3D printing market in EMEA 2016-2021
    • Metal material-based 3D printing market in APAC
      • Table Metal material-based 3D printing market in APAC 2016 and 2021 ($ millions)
      • Table Forecast: Metal material-based 3D printing market in APAC 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Material relevance with industrial application
    • Impact of drivers on key geographies
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Increase in demand for aircraft engines from OEMs
      • Table Engine bill material composition
    • Increase in penetration rate
      • Table Addressable market and production cost analysis
      • Table Industrial customers' adoption phase
    • 3D bioprinting technology
  • Vendor landscape
    • Competitive landscape
      • Table End-user industries catered by the major vendors
      • Table Metal portfolio of the major vendors
      • Table Vendor selection criteria
    • Other prominent vendors
  • Key vendor analysis
    • Arcam
      • Table Arcam: Business segmentation by revenue 2015
      • Table Arcam: Product offerings
    • EOS
      • Table EOS: Product offerings
    • Hoganas
    • Sandvik
    • SLM Solutions
      • Table SLM Solutions: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report