Number of pages:
| Parameters | Details |
|---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD million |
Forecast Value (2028) |
USD million |
CAGR (2022 to 2028) |
% |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Additive Manufacturing with Metal Powders Market is estimated to reach USD 1.7 billion by 2025 from USD 365.2 million in 2017, growing at a CAGR of 21.2% between 2017 and 2025. Three – dimensional and printing technology are used to produce metallic products through Additive Manufacturing with Metal Powders. Additive manufacturing (AM) techniques are used to produce complex, high-value metal parts, with potential applications as critical parts, such as those found in aerospace components.
Metal additive manufacturing (AM) processes are transforming the metal manufacturing industry, especially in those areas where conventional manufacturing reaches its limitations in terms of both design freedom and manufacturing capabilities. Many metal AM systems are available today, which includes the powder-bed, powder-fed, and wire-fed processes based on laser, electron beam or plasma melting. Similarly, the variety of metal powder materials suitable for AM continues to expand. Some of the common metal powder materials available for AM, including stainless steels, aluminum, nickel, cobalt-chrome, and titanium alloys.
The supply chain for metal powders used in additive manufacturing (AM) is currently showing exponential growth and with this growth come new powder suppliers, new powder manufacturing methods and increased competition. Now it is widely used in automotive industry, aerospace industry, medical industry and academic institutions. The production of AM parts with consistent and predictable properties requires input materials (e.g., metal powders) having repeatable characteristics, which in turn requires standardized measurement methods for powder properties.
The global Additive Manufacturing with Metal Powders Market includes Asia Pacific, North America, Latin America, Europe, the Middle East and Africa. North America is the biggest market for Additive Manufacturing with Metal Powders which holds for about 40% of global market. Europe is also expected to see a healthy growth during the forecast period. However, due to improvement in the manufacturing sector, Asia-Pacific is anticipated to be the fastest growing market for Additive Manufacturing with Metal Powders.
Additive Manufacturing with Metal Powders Market: Product Type
Additive Manufacturing with Metal Powders Market: End Users/Application Analysis
Additive Manufacturing with Metal Powders Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Additive Manufacturing with Metal Powders Market:
Geographical analysis of Additive Manufacturing with Metal Powders Market:
Additive Manufacturing with Metal Powders Market Report delivers comprehensive analysis of :
Additive Manufacturing with Metal Powders Market was valued at around USD million in 2021 & estimated to reach USD by 2028.
Additive Manufacturing with Metal Powders Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
Yes, the report includes COVID 19 impact on the market.
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