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North America 3D Printing Metal Market

North America 3D Printing Metal Market Size, Share & Trends Analysis Report, Forecast Period, 2024-2031

Report ID: MS-280 |   Chemicals And Materials |  Last updated: Nov, 2024 |  Formats*:

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The 3D Printing Metal market is experiencing robust expansion, with market size projected to increase from (4.1 Billion) 2023 to (25.2 Billion) 2031, demonstrating a consistent year-over-year growth rate of 25.31% 3D Printing Metal Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Powder, Filament), by applications (Aerospace & Defense, Automotive, Medical & Dental, Others (Marine, Art & Sculpture, Jewelry, and Architecture)) And regions (North America (Canada, United States, Mexico)) : Industry Forecast and Opportunity Analysis for 2023 - 2031

3D Printing Metal additive manufacturing is a cutting-edge technique that allows for the layer-by-layer creation of complicated metal objects. Metal powders or wires are deposited using a high-energy heat source, such as a laser or electron beam, and then selectively melted and fused. This approach allows for the creation of highly accurate, structurally sound, customised metal components. The ability to make complex metal parts with shorter lead times and greater design freedom has changed traditional production procedures. It provides advantages such as reduced material waste, improved product performance, and lower manufacturing costs. In the metal 3D printing sector, a wide range of materials, including titanium, stainless steel, aluminium, nickel alloys, and cobalt-chrome, are employed. To meet the stringent requirements of various industries, top market players are continually improving post-processing procedures, printing processes, and the creation of new metal alloys.

3D Printing Metal Report Highlights

Report MetricsDetails
Forecast period2019-2031
Base Year Of Estimation2023
Growth RateCAGR of 25.31%
Forecast Value (2031)USD 25.2 Billion
By Product TypePowder, Filament
Key Market Players3D Systems Corporation (United States), Stratasys Ltd. (Israel), Renishaw plc (United Kingdom), General Electric Company (United States), Carpenter Technology Corporation (United States), Materialise NV (Belgium), Voxeljet AG (Germany), Sandvik AB (Sweden), EOS GmbH Electro Optical Systems (Germany), The ExOne Company (United States), Proto Labs, Inc. (United States)
By Region
  • Canada
  • United States
  • Mexico

3D Printing Metal Market Trends

The combination of 3D printing technology and automated assembly procedures is one noticeable trend. Coding digital data into the texturing of 3D printed objects is another new trend.

3D Printing Metal Market Leading Players

The key players profiled in the report are 3D Systems Corporation (United States), Stratasys Ltd. (Israel), Renishaw plc (United Kingdom), General Electric Company (United States), Carpenter Technology Corporation (United States), Materialise NV (Belgium), Voxeljet AG (Germany), Sandvik AB (Sweden), EOS GmbH Electro Optical Systems (Germany), The ExOne Company (United States), Proto Labs, Inc. (United States)

Growth Accelerators

The rising demand for intricate, lightweight metal parts is one of the main drivers. The market is also being driven by improvements in 3D printing technologies, such as increased printing speed, more precision, and a wider variety of suitable metal alloys.

3D Printing Metal Market Segmentation analysis

The North America 3D Printing Metal is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Powder, Filament . The Application segment categorizes the market based on its usage such as Aerospace & Defense, Automotive, Medical & Dental, Others (Marine, Art & Sculpture, Jewelry, and Architecture). Geographically, the market is assessed across key Regions like North America (Canada, United States, Mexico) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Challenges In 3D Printing Metal Market

Getting uniform density in 3D printed metal objects is one of the biggest challenges. Other challenges with 3D printing metal include residual tension, cracking, and warping.
Table of content
1: Introduction
  • 1.1 Report description
  • 1.2 Key market segments
  • 1.3 Key benefits to the stakeholders

2: Executive Summary
  • 2.1 3D Printing Metal- Snapshot
  • 2.2 3D Printing Metal- Segment Snapshot
  • 2.3 3D Printing Metal- Competitive Landscape Snapshot

3: Market Overview
  • 3.1 Market definition and scope
  • 3.2 Key findings
    • 3.2.1 Top impacting factors
    • 3.2.2 Top investment pockets
  • 3.3 Porter’s five forces analysis
    • 3.3.1 Low bargaining power of suppliers
    • 3.3.2 Low threat of new entrants
    • 3.3.3 Low threat of substitutes
    • 3.3.4 Low intensity of rivalry
    • 3.3.5 Low bargaining power of buyers
  • 3.4 Market dynamics
    • 3.4.1 Drivers
    • 3.4.2 Restraints
    • 3.4.3 Opportunities

4: 3D Printing Metal Market by Type
  • 4.1 Overview
    • 4.1.1 Market size and forecast
  • 4.2 Powder
    • 4.2.1 Key market trends, factors driving growth, and opportunities
    • 4.2.2 Market size and forecast, by region
    • 4.2.3 Market share analysis by country
  • 4.3 Filament
    • 4.3.1 Key market trends, factors driving growth, and opportunities
    • 4.3.2 Market size and forecast, by region
    • 4.3.3 Market share analysis by country

5: 3D Printing Metal Market by Application / by End Use
  • 5.1 Overview
    • 5.1.1 Market size and forecast
  • 5.2 Aerospace & Defense
    • 5.2.1 Key market trends, factors driving growth, and opportunities
    • 5.2.2 Market size and forecast, by region
    • 5.2.3 Market share analysis by country
  • 5.3 Automotive
    • 5.3.1 Key market trends, factors driving growth, and opportunities
    • 5.3.2 Market size and forecast, by region
    • 5.3.3 Market share analysis by country
  • 5.4 Medical & Dental
    • 5.4.1 Key market trends, factors driving growth, and opportunities
    • 5.4.2 Market size and forecast, by region
    • 5.4.3 Market share analysis by country
  • 5.5 Others (Marine
    • 5.5.1 Key market trends, factors driving growth, and opportunities
    • 5.5.2 Market size and forecast, by region
    • 5.5.3 Market share analysis by country
  • 5.6 Art & Sculpture
    • 5.6.1 Key market trends, factors driving growth, and opportunities
    • 5.6.2 Market size and forecast, by region
    • 5.6.3 Market share analysis by country
  • 5.7 Jewelry
    • 5.7.1 Key market trends, factors driving growth, and opportunities
    • 5.7.2 Market size and forecast, by region
    • 5.7.3 Market share analysis by country
  • 5.8 and Architecture)
    • 5.8.1 Key market trends, factors driving growth, and opportunities
    • 5.8.2 Market size and forecast, by region
    • 5.8.3 Market share analysis by country

6: 3D Printing Metal Market by Region
  • 6.1 Overview
    • 6.1.1 Market size and forecast By Region
  • 6.2 Canada
    • 6.2.1 Key trends and opportunities
    • 6.2.2 Market size and forecast, by Type
    • 6.2.3 Market size and forecast, by Application
    • 6.2.4 Market size and forecast, by country
  • 6.3 United States
    • 6.3.1 Key trends and opportunities
    • 6.3.2 Market size and forecast, by Type
    • 6.3.3 Market size and forecast, by Application
    • 6.3.4 Market size and forecast, by country
  • 6.4 Mexico
    • 6.4.1 Key trends and opportunities
    • 6.4.2 Market size and forecast, by Type
    • 6.4.3 Market size and forecast, by Application
    • 6.4.4 Market size and forecast, by country
7: Competitive Landscape
  • 7.1 Overview
  • 7.2 Key Winning Strategies
  • 7.3 Top 10 Players: Product Mapping
  • 7.4 Competitive Analysis Dashboard
  • 7.5 Market Competition Heatmap
  • 7.6 Leading Player Positions, 2022

8: Company Profiles
  • 8.1 3D Systems Corporation (United States)
    • 8.1.1 Company Overview
    • 8.1.2 Key Executives
    • 8.1.3 Company snapshot
    • 8.1.4 Active Business Divisions
    • 8.1.5 Product portfolio
    • 8.1.6 Business performance
    • 8.1.7 Major Strategic Initiatives and Developments
  • 8.2 Stratasys Ltd. (Israel)
    • 8.2.1 Company Overview
    • 8.2.2 Key Executives
    • 8.2.3 Company snapshot
    • 8.2.4 Active Business Divisions
    • 8.2.5 Product portfolio
    • 8.2.6 Business performance
    • 8.2.7 Major Strategic Initiatives and Developments
  • 8.3 Renishaw plc (United Kingdom)
    • 8.3.1 Company Overview
    • 8.3.2 Key Executives
    • 8.3.3 Company snapshot
    • 8.3.4 Active Business Divisions
    • 8.3.5 Product portfolio
    • 8.3.6 Business performance
    • 8.3.7 Major Strategic Initiatives and Developments
  • 8.4 General Electric Company (United States)
    • 8.4.1 Company Overview
    • 8.4.2 Key Executives
    • 8.4.3 Company snapshot
    • 8.4.4 Active Business Divisions
    • 8.4.5 Product portfolio
    • 8.4.6 Business performance
    • 8.4.7 Major Strategic Initiatives and Developments
  • 8.5 Carpenter Technology Corporation (United States)
    • 8.5.1 Company Overview
    • 8.5.2 Key Executives
    • 8.5.3 Company snapshot
    • 8.5.4 Active Business Divisions
    • 8.5.5 Product portfolio
    • 8.5.6 Business performance
    • 8.5.7 Major Strategic Initiatives and Developments
  • 8.6 Materialise NV (Belgium)
    • 8.6.1 Company Overview
    • 8.6.2 Key Executives
    • 8.6.3 Company snapshot
    • 8.6.4 Active Business Divisions
    • 8.6.5 Product portfolio
    • 8.6.6 Business performance
    • 8.6.7 Major Strategic Initiatives and Developments
  • 8.7 Voxeljet AG (Germany)
    • 8.7.1 Company Overview
    • 8.7.2 Key Executives
    • 8.7.3 Company snapshot
    • 8.7.4 Active Business Divisions
    • 8.7.5 Product portfolio
    • 8.7.6 Business performance
    • 8.7.7 Major Strategic Initiatives and Developments
  • 8.8 Sandvik AB (Sweden)
    • 8.8.1 Company Overview
    • 8.8.2 Key Executives
    • 8.8.3 Company snapshot
    • 8.8.4 Active Business Divisions
    • 8.8.5 Product portfolio
    • 8.8.6 Business performance
    • 8.8.7 Major Strategic Initiatives and Developments
  • 8.9 EOS GmbH Electro Optical Systems (Germany)
    • 8.9.1 Company Overview
    • 8.9.2 Key Executives
    • 8.9.3 Company snapshot
    • 8.9.4 Active Business Divisions
    • 8.9.5 Product portfolio
    • 8.9.6 Business performance
    • 8.9.7 Major Strategic Initiatives and Developments
  • 8.10 The ExOne Company (United States)
    • 8.10.1 Company Overview
    • 8.10.2 Key Executives
    • 8.10.3 Company snapshot
    • 8.10.4 Active Business Divisions
    • 8.10.5 Product portfolio
    • 8.10.6 Business performance
    • 8.10.7 Major Strategic Initiatives and Developments
  • 8.11 Proto Labs
    • 8.11.1 Company Overview
    • 8.11.2 Key Executives
    • 8.11.3 Company snapshot
    • 8.11.4 Active Business Divisions
    • 8.11.5 Product portfolio
    • 8.11.6 Business performance
    • 8.11.7 Major Strategic Initiatives and Developments
  • 8.12 Inc. (United States)
    • 8.12.1 Company Overview
    • 8.12.2 Key Executives
    • 8.12.3 Company snapshot
    • 8.12.4 Active Business Divisions
    • 8.12.5 Product portfolio
    • 8.12.6 Business performance
    • 8.12.7 Major Strategic Initiatives and Developments

9: Analyst Perspective and Conclusion
  • 9.1 Concluding Recommendations and Analysis
  • 9.2 Strategies for Market Potential

Scope of Report
Aspects Details
By Type
  • Powder
  • Filament
By Application
  • Aerospace & Defense
  • Automotive
  • Medical & Dental
  • Others (Marine
  • Art & Sculpture
  • Jewelry
  • and Architecture)

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Frequently Asked Questions (FAQ):

What is the estimated market size of 3D Printing Metal in 2031?

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USD 25.2 Billion.

Which type of 3D Printing Metal is widely popular?

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Automotive,

What is the growth rate of 3D Printing Metal Market?

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The 3D Printing Metal Market is growing at a CAGR of 25.31% over the forecasted period 2024 - 2031.

What are the latest trends influencing the 3D Printing Metal Market?

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The latest trends influencing the 3D Printing Metal market include the adoption of advanced technologies, increasing focus on sustainability, and a shift towards personalized solutions. Additionally, digital transformation and automation are playing significant roles in shaping the market

Who are the key players in the 3D Printing Metal Market?

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3D Systems Corporation (United States), Stratasys Ltd. (Israel), Renishaw plc (United Kingdom), General Electric Company (United States), Carpenter Technology Corporation (United States), Materialise NV (Belgium), Voxeljet AG (Germany), Sandvik AB (Sweden), EOS GmbH Electro Optical Systems (Germany), The ExOne Company (United States), Proto Labs, Inc. (United States) are among the key players in the 3D Printing Metal market

How is the 3D Printing Metal } industry progressing in scaling its end-use implementations?

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Research paper of North America 3D Printing Metal Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Aerospace & Defense, Automotive, Medical & Dental, Others (Marine, Art & Sculpture, Jewelry, and Architecture).

What product types are analyzed in the 3D Printing Metal Market Study?

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The North America 3D Printing Metal Market Study is categorized by product types, including Powder, Filament

What geographic breakdown is available in North America 3D Printing Metal Market Study?

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The North America 3D Printing Metal Market Study includes regional breakdown as North America (Canada, United States, Mexico)

How are the key players in the 3D Printing Metal market targeting growth in the future?

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The leaders in the North America 3D Printing Metal market, such as , are focusing on innovative and differentiated growth drivers. Some of these include:The rising demand for intricate, lightweight metal parts is one of the main drivers., The market is also being driven by improvements in 3D printing technologies, such as increased printing speed, more precision, and a wider variety of suitable metal alloys.

What are the opportunities for new entrants in the 3D Printing Metal market?

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Opportunities for new entrants in the 3D Printing Metal market include the development of innovative products, leveraging advanced technologies, targeting niche markets, and forming strategic partnerships. New entrants can also capitalize on emerging trends and unmet consumer needs