North America accounted for the largest market share, contributing more than two-fifths of the global metal 3D printing market
OREGON, PORTLAND, USA, Aug. 22, 2022 /EINPresswire.com/ — Rising penetration of bio-based materials and high-end on-board technology advancements are driving growth in the global 3D printing metals market. Based on form, powders segment generated the largest share in 2019. On the other hand, based on geography, North America was reported to be the highest revenue holder in 2019.
Allied Market Research published a report titled, “3D Printing Metals Market by Type (Steel, Titanium, Aluminum, Nickel, and Others), Form (Powder and Filament), and End-Use (Consumer Products, Aerospace and Defense & Defense, Automotive, Healthcare and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026.” According to the report, the global metal 3D printing industry generated $147.2 million in 2018 and is expected to reach $796.3 million by 2026 growing at a CAGR of 23.5% from 2019 to 2026.
To know the hypotheses considered for the study, download the pdf brochure: https://www.alliedmarketresearch.com/request-sample/6447
COVID-19 impact analysis:
The outbreak of the COVID-19 pandemic has left a significant impact on the global economy. The 3D Printing Metals Market report provides a detailed study of the micro and macro impacts of the pandemic. Additionally, the analysis outlines the direct impact of COVID-19 on the 3D Printing Metals Market. It summarizes the detailed information about the scope and shares of the market due to the impact of the epidemic. The report also focuses on the supply chain and sales of the 3D Printing Metals market. Last but not least; the study also presents a post-COVID-19 scenario, outlining different measures and initiatives taken by government agencies around the world.
The powder segment held nearly three-quarters of the total market share in 2019 and is expected to retain the leading status by 2026. The filament segment, on the other hand, is expected to show the highest CAGR of 24.1% throughout the forecast period. .
Do you plan to define a future strategy? Speak to an analyst to learn more: https://www.alliedmarketresearch.com/connect-to-analyst/6447
Some prominent companies in the global 3D Printing Metal market are examined in the report, along with the citation of their innovative product launches, joint ventures and efforts, several mergers and acquisitions, and many more. Arcam AB, Autodesk, Inc., 3D Systems, Voxeljet AG, The ExOne Company, Hoganas AB, Optomec, Inc., Ponoko Limited, Stratasys Ltd.
The aluminum segment accounted for the largest market share in the global 3D printing metals market in 2019, contributing about half of the total share, and is expected to maintain its leading status throughout the forecast period. forecast. This is due to the increase in use in the automotive industry with its characteristics such as strength, lightness and precision. However, the steel segment is expected to grow with a CAGR of 24.2% from 2019 to 2026.
• Qualitative and quantitative market assessment based on detailed categorization involving both economic and non-economic factors.
• Country and regional level analysis, which describes the share of the product or service in different regions.
• Elaborative company profiles section, which provides different pointers such as key executives, company implementation, company overview, product/service portfolio, R&D expenditures, scenario current and the main strategies of the main players in the market.
• Forecasted market outlook of the 3D Printing Metal market based on recent developments, which incorporates analysis of drivers, market trends, and growth opportunities.
• The impact of COVID-19 on the 3D printing metals market
• After-sales support and free customization
Interested in obtaining this report? Visit here: https://www.alliedmarketresearch.com/3d-printing-metal-market/purchase-options
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry sectors, including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.
We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.
Allied Analytics LLP
write to us here
Visit us on social media: