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Thursday, January 19, 2023

Metal Additive Market is anticipated to grow at a CAGR of 18% to 20% during 2023-2028

The global metal additive market is projected to reach $XX billion by 2028, at a CAGR of 18% to 20% during 2023-2028. The growth of metal additive market is driven by increasing advancement of metal additive manufacturing technologies, and increasing consumption of metal additives in consumer electronics.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the metal additive market by type (selective laser melting (SLM), electron beam melting (EBM), powder bed fusion, sheet lamination, direct energy deposition, and binder jetting), application (aerospace, healthcare, tools and mold, automobile, 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 What are the business risks and threats to the metal additive market?

Q.4 What are some changing demands of customers in the metal additive market?

Q.5 What are the new developments in the metal additive market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this metal additive area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this metal additive market? 

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for wearable devices and mixed reality devices, rise in disposable income of the people, and rise in global trade.

Download Brochure of this report by clicking on https://www.lucintel.com/metal-additive-market.aspx.

Market Segmentation:

Based on type, the metal additive market is segmented into selective laser melting (SLM), electron beam melting (EBM), powder bed fusion, sheet lamination, direct energy deposition, and binder jetting. The selective laser melting (SLM) segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its manufacturing technology that makes use of laser to fuse the powdered materials into various 3-dimensional objects, it is a good process which helps in creating high resolution and low volume parts, and is extensively used in prototyping and production applications.

APAC will remain the fastest growing region due to rapid industrialization and growing demand from automotive industries across countries such as China, Japan, South Korea, and India.

Key Players in the metal additive market are 3D Systems, EOS GmbH Electro Optical Systems, General Electric, Materialise NV, Norsk Titanium, Renishaw,SLM Solutions, Stratasys, The ExOne, and TRUMPF GmbH.

Request Sample Pages by clicking on https://www.lucintel.com/metal-additive-market.aspx.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/metal-additive-market.aspx.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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