Lucintel's latest market report analyzed that metal additive provides attractive opportunities in the aerospace, healthcare, tools and mold, and automobile applications. The metal additive market is expected to reach $XX billion by 2028 with a CAGR of 18% to 20%. In this market, selective laser melting (SLM) is the largest segment by type, whereas aerospace is largest by application. Increasing demand for wearable devices and mixed reality devices, rise in disposable income of the people, and rise in global trade provides strategic growth path in this market.
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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.
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The Metal Additive Market is marked by the presence of several big and small players. Some of the prominent players offering metal additive include 3D Systems, EOS GmbH Electro Optical Systems, General Electric, Materialise NV, Norsk Titanium, Renishaw,SLM Solutions, Stratasys, The ExOne, and TRUMPF GmbH.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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