Additive Manufacturing with Metal Powders Market Revenue, Trends, Share Analysis, and Forecast to 2028


Posted August 18, 2022 by reportsanddata1234

The global additive manufacturing with metal powders market is expected to reach USD 65.70 Billion by 2028, according to a new report by Reports and Data.

 
The global additive manufacturing with metal powders market is expected to reach USD 65.70 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with increasing demand in the automotive industry globally. Based on statistics, Affordable Manufacturing cost is expected to become the most common growth interest globally in the coming years. High customer Requirements and Global Enhanced demand from aerospace and automation industryare also significant factors stimulating market demand.

The term Additive manufacturing is also known as the fabrication of objects through the deposition of a material by using a print head, nozzle, along with another printer technology. Additive manufacturing with metal powders is the process of joining elements to make objects from 3D model data, usually layer upon layer, as exposed to subtractive production methodologies such as machining.

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Further key findings from the report suggest

Alloy is projected to be one of the fastest growing Product of the market. The segment is projected to grow at a CAGR of 14.5% in the forecast period.
Expanding influence towards light weight and functionally combined parts in automotive and aerospace industry to reduce environmental impact along with biodegradable implants for medical treatments is expected to drive additive manufacturing (AM) with metal powders market growth. Increased usage of AM in fabrication of aerospace, end-use products in automotive, oil & gas, dental restorations, and medical implants should propel technology demand.
North American market is forecasted to grow at a CAGR of 14% in the coming years. The usage of smart phones and penetration of IoT is considered to be one of the leading factors of the market growth.
Key participants include AP&C, 3D Systems, ATI Metals, AddUp Solutions (Fives/Michelin), Additive Industries, Alcoa/Arconic, Concept Laser, Arcam, Carpenter, EOS.
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Product Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Plastic
Metal
Alloy
Technology Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Laser based-powder bed fusion
Bluetooth AntennaBlown powder
Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Aerospace
Automotives
Medical
Energy & utilities
Oil & gas
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Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Additive Manufacturing with Metal Powders Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Additive Manufacturing with Metal Powders Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Additive Manufacturing with Metal Powders Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Issued By Reports And Data
Country United States
Categories Business
Last Updated August 18, 2022