- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
3-D printing metal market worth $776.8 million by 2020, says report
- March 17, 2016
- News Release
- Shop Management
MarketsandMarkets, Pune, India, has published the report "3D Printing Metal Market by Form (Powder and Filament), by Type (Titanium, Nickel, Stainless Steel, Aluminum, Others), by Application (Aerospace & Defense, Automotive, Medical & Dental, Others), and by Region—Global Forecast to 2020.” The firm’s research indicates that the global market is expected to reach $776.8 million by 2020, at a CAGR of 31.5 percent during the period 2015 to 2020.
The 3-D printing metals market is expected to grow at a higher CAGR in the Asia-Pacific region as compared to other regions. Technological advancements, capacity expansion, new product developments, and expiry of key patents for powder-based selective laser sintering are factors influencing the overall demand.
The titanium metal segment is expected to dominate the global 3-D printing metal market, because the process has been widely adopted by the aerospace and defense industries, which use titanium and its alloys for engine components. These industries constitute more than one-third of the total 3-D printing metals end user market.
In the automotive, medical, and dental markets, availability of new materials for tooling and prototyping, demand for prosthetic and dental implants, and high investments for new product developments will contribute to the growth of 3-D printing of metals.
North America is considered the major regional market for 3-D printing of metals. It is where most research activities and new product developments have occurred. Asia-Pacific region remains the fastest-growing market, followed by North America and Europe.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/30/2024
- Running Time:
- 53:00
Seth Feldman of Iowa-based Wertzbaugher Services joins The Fabricator Podcast to offer his take as a Gen Zer...
- Industry Events
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI
Precision Press Brake Certificate Course
- July 31 - August 1, 2024
- Elgin,