The latest report published by Profshare Market Research projects that Additive Manufacturing with Metal Powders Market is expected to show an impressive CAGR of 20.2 % between 2021-28. High demand from Aerospace industry likely to drive the market in upcoming years. In 2019 global market valuation was around USD 450 million & slumped around 9 % in 2020 due to Covid 19 pandemic.
In many areas conventional manufacturing processes are lacking in manufacturing capabilities as well as design freedom, hence majority on manufacturers are shifting towards application of Metal Powders in Additive Manufacturing. Research study provides precise market information about market drivers & challenges. Global demand for Metal Powders in Additive Manufacturing estimated to grow at significant growth rate.
Selective Laser Melting (SLM), Electronic Beam Melting (EBM) are primary product types considered in the research report. Selective Laser Melting (SLM) segment likely to show impressive growth rate between 2021 to 2028. Stainless steels, aluminum, nickel, cobalt-chrome, and titanium alloys are some of the commonly used metal powder materials in AM. In 2019 Aluminum metal powder has seen magnificent revenue growth.
Additive Manufacturing with Metal Powders Market is analyzed for its applications in aerospace Industry, Automotive Industry, Healthcare & Dental, Academic Institutions. Additive manufacturing (AM) techniques are primarily used in the production of high-value & complex metal parts. Aerospace & Automotive industry heavily depends on these kind of metal parts & hence likely to drive Additive Manufacturing with Metal Powders Market in upcoming years.
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The report studied Additive Manufacturing with Metal Powders Market for Asia Pacific, North America, Latin America, Europe, the Middle East and Africa region. Regional outlook delivers precise information regarding various market parameters. In 2019 North America holds around 38 % of overall market share followed by Asia Pacific & Europe. Study comprehend that between 2021 to 2028 Asia-Pacific likely to show highest growth rate.
Key players analysis helps to understand market share, positions & strategies of the manufacturers. Global Additive Manufacturing with Metal Powders Market is highly competitive due to increasing new manufacturers as market entry-barrier is minimum.These companies are identified through secondary research & further analysis use both primary & secondary market research model. Study covers Value chain analysis that offers in depth information about value addition at each stage of the product development. Precise information about Value chain analysis is very important due to increasing competition.
The research report includes the extensive use of primary and secondary data sources. Research process focuses on multiple factors affecting the industry such as competitive landscape, government policy, historical data, market current position, Additive Manufacturing with Metal Powders Market trends, upcoming technologies & innovations as well as risks, rewards, opportunities and challenges. Study used top-down, bottom-up approach, SWOT analysis & supply-demand analysis models to get precise market information.
- Selective Laser Melting (SLM)
- Electronic Beam Melting (EBM
- Aerospace Industry
- Automotive Industry
- Healthcare & Dental
- Academic Institutions
The research report on Additive Manufacturing with Metal Powders Market includes a competitive analysis that provides a better insight into the major manufacturers of Additive Manufacturing with Metal Powders. These major players include:
- EOS GmbH
- Concept Laser GmbH
- 3D Systems
- Arcam AB
- Wuhan Binhu
- Bright Laser Technologies
- Huake 3D
Related Market Research Report:
Aluminium Powder Market Report by Product Type ( Spherical Aluminum Powder, Non-Spherical Aluminum Powder) by Process ( Atomized Aluminum Powder, Flake Aluminum Powder) By Application ( Photovoltaic Electronic Paste Industry, Paint and Pigment Industry, Refractory Materials Industry) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2021-28
Access the report @ https://www.profsharemarketresearch.com/aluminium-powder-market-report/
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