Covid Impact Metal 3D Printing Market is projected to reach a value of over USD 2.4 billion by 2027 at a CAGR of around 25.1%.

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6 min readOct 20, 2020

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Metal 3D Printing Market: Summary

The Global Metal 3D Printing Market is projected to reach a value of over USD 2.4 billion by 2027 at a CAGR of around 25.1%.

3D printing is experiencing a potential growth across different industries because more companies are increasingly using it for more than just prototyping. It allows for the direct manufacturing of complex end-use parts and facilitates tooling for conventional manufacturing technologies, reducing costs and lead times. This technology is mainly used for fully functional prototypes, production tools, tooling such as molds and inserts, rigid housings, ductwork, spare parts, and heat exchangers and heatsinks.

Metal 3D Printing Market: Drivers & Restraint

Market Driver:

  • Rising Demand for Prototyping and Mass Customization

In past five years, the demand for mass customization and rapid prototyping is increases. Rapid prototyping is mainly used in design and development of conceptual prototypes and functional prototypes. Many manufacturers use metal 3D printing for making the functional and conceptual prototypes with faster speed, greater accuracy, and lower failure rate. In mass customization, new product introduction and new product design process takes lot of time and take numerous design samples and prototypes before a product is ready for market. By utilizing metal 3D printing technology, the design cycle is compressed, and manufacturer can produce a greater number of products with less amount of time with good quality. With the use of 3D printing, inventory and distribution cost can be reduced, and hence it will be helpful to track trends, consumer preferences in real time to enhance the marketing efforts. Hence, rising demand for mass customization and rapid prototyping is fueling the growth of metal 3D printing market during the forecast period.

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Market Opportunity:

  • Limited Material Selection

Metal and polymer are the two main types of material that are commonly used in 3D printing. Depending upon the application the materials are been selected. In 3D printing technology transforms material through heat, light, and other-directed energies. Selecting the right material comes with several factors. It can be difficult to keep track of each property needed for a part’s material and determine which material fits the profile. Application, aesthetics, function, and certification are factors considered while choosing the appropriate materials. However, metal and polymer as the only source of material that can be used for 3D printing may be challenging with increasing technological advancement. Thus, efforts are being made for improving the materials used in 3D printing in order to be compatible with advanced 3D printing technologies.

Metal 3D Printing Market: Key Segments

  • Segmentation based on technology: Selective Laser Melting (SLM), Metal Extrusion, Electron Beam Melting (EBM), Direct Metal Laser Sintering (DMLS), Direct Energy Deposition (DED)/Laser Material Deposition, Binder Jetting, Stereolithography (SLA), and Others
  • Segmentation based on metal powders & alloys: Titanium, Stainless Steel, Maraging Steel, Cobalt-Chrome, Aluminum Alloy, Brass, Magnesium, Nickel Super Alloy, Copper Alloy, Inconel, and Others
  • Segmentation based on software: Scanning Software, Printing Software, Design Software, and Inspection Software
  • Segmentation based on application: Fully Functional Prototypes, Production Tools, Molds & Inserts, Rigid Housings, Ductwork, Spare Parts, Heat Exchangers & Heatsinks, and Others
  • Segmentation based on End Use Industry: Automotive, Consumer Electronics, Consumer Goods, Aerospace & Defense, Healthcare, Construction, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Metal 3D Printing Market: Report Scope

The report on the metal 3D printing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report FeaturesSpecificsHistorical/Estimated/Forecasted Market Size Years2018–2025Base Year for Market Calculation2020Forecasted Period2019–2025 (2020 estimated year, forecasted up to 2027)Measured UnitsValue (USD Million)Segments IncludedTechnology, Metals & Alloys, Software, Application, End Use Industry, and RegionRegional CoverageNorth America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • 3D Systems Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Autodesk Inc.
  • GENERAL ELECTRIC
  • 3D HUBS B.V.
  • HP Development Company, L.P.
  • Proto Labs
  • ExOne
  • Materialise
  • Shining3D
  • Stratasys Ltd.
  • Heraeus Holding
  • Markforged, Inc.
  • Renishaw plc.
  • Other Key Companies

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Metal 3D Printing Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Metal 3D Printing Market, by Technology

  • Selective Laser Melting (SLM)
  • Metal Extrusion
  • Electron Beam Melting (EBM)
  • Direct Metal Laser Sintering (DMLS)
  • Direct Energy Deposition (DED)/Laser Material Deposition
  • Binder Jetting
  • Stereolithography (SLA)
  • Others

Metal 3D Printing Market, by Metal Powders & Alloys

  • Titanium
  • Stainless Steel
  • Maraging Steel
  • Cobalt-Chrome
  • Aluminum Alloy
  • Brass
  • Magnesium
  • Nickel Super Alloy
  • Copper Alloy
  • Inconel
  • Others (Precious Metals, Refractory Metals)

Metal 3D Printing Market, by Software

  • Scanning Software
  • Printing Software
  • Design Software
  • Inspection Software

Metal 3D Printing Market, by Application

  • Fully Functional Prototypes
  • Production Tools
  • Molds & Inserts
  • Rigid Housings
  • Ductwork
  • Spare Parts
  • Heat Exchangers & Heatsinks
  • Others

Metal 3D Printing Market, by End-Use Industry

  • Automotive
  • Consumer Electronics
  • Consumer Goods
  • Aerospace & Defense
  • Healthcare
  • Construction
  • Others

Metal 3D Printing Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Switzerland
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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Table of Content

  1. INTRODUCTION
  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  9. RESEARCH DESIGN & SCOPE
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  17. EXECUTIVE SUMMARY
  18. MARKET DYNAMICS
  19. Introduction
  20. Drivers
  21. Growing use of 3D printing in Automotive Industry
  22. Rising Demand for Prototyping and Mass Customization
  23. Restraint
  24. High Initial Investment and Required Maintenance Expertise
  25. Opportunities
  26. Use of 3D printing in Aerospace industry
  27. Challenges
  28. Limited Material Selection
  29. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
  30. Introduction
  31. Power of Buyers
  32. Power of Suppliers
  33. Intensity of Competition
  34. Challenges of Substitutes
  35. Challenges of New Entrants
  36. Covid-19 Impact
  37. Supply Chain Analysis
  38. GLOBAL METAL 3D PRINTING MARKET BY TECHNOLOGY, Market Size in USD Million (2019–2027)
  39. Introduction
  40. Selective Laser Melting (SLM)
  41. Metal Extrusion
  42. Electron Beam Melting (EBM)
  43. Direct Metal Laser Sintering (DMLS)
  44. Direct Energy Deposition (DED)/Laser Material Deposition
  45. Binder Jetting
  46. Stereolithography (SLA)
  47. Others
  48. GLOBAL METAL 3D PRINTING MARKET BY METAL POWDERS & ALLOYS, Market Size in USD Million (2019–2027)
  49. Introduction
  50. Titanium
  51. Stainless Steel
  52. Maraging Steel
  53. Cobalt-Chrome
  54. Aluminum Alloy
  55. Brass
  56. Magnesium
  57. Nickel Super Alloy
  58. Copper Alloy
  59. Inconel
  60. Others (Precious Metals, Refractory Metals)
  61. GLOBAL METAL 3D PRINTING MARKET BY SOFTWARE, Market Size in USD Million (2019–2027)
  62. Scanning Software
  63. Printing Software
  64. Design Software
  65. Inspection Software
  66. GLOBAL METAL 3D PRINTING MARKET BY APPLICATION, Market Size in USD Million (2019–2027)
  67. Introduction
  68. Fully Functional Prototypes
  69. Production Tools
  70. Molds & Inserts
  71. Rigid Housings
  72. Ductwork
  73. Spare Parts
  74. Heat Exchangers & Heatsinks
  75. Others
  76. GLOBAL METAL 3D PRINTING MARKET BY END-USE INDUSTRY, Market Size in USD Million (2019–2027)
  77. Introduction
  78. Automotive
  79. Consumer Electronics
  80. Consumer Goods
  81. Aerospace & Defense
  82. Healthcare
  83. Construction
  84. Others
  85. GLOBAL METAL 3D PRINTING MARKET BY REGION, Market Size in USD Million (2019–2027)
  86. North America
  87. US
  88. Canada
  89. Mexico
  90. Europe
  91. Germany
  92. France
  93. Italy
  94. UK
  95. Russia
  96. Switzerland
  97. Rest of Europe
  98. Asia-Pacific
  99. China
  100. India
  101. Japan
  102. Taiwan
  103. South Korea
  104. Rest of Asia-Pacific
  105. Middle East and Africa
  106. Saudi Arabia
  107. UAE
  108. Rest of Middle East and Africa
  109. South America
  110. Brazil
  111. Argentina
  112. Rest of South America
  113. COMPETITIVE LANDSCAPE
  114. Introduction
  115. Market Ranking/Share Analysis of Key Companies
  116. Company Benchmarking
  117. COMPANY PROFILES
  118. 3D Systems Inc.
  119. Company Overview
  120. Financial Overview
  121. Products/Solutions/Services Offered
  122. Key Developments
  123. SWOT Analysis
  124. Autodesk Inc.
  125. GENERAL ELECTRIC
  126. 3D HUBS B.V.
  127. HP Development Company, L.P.
  128. Proto Labs
  129. ExOne
  130. Materialise
  131. Shining3D
  132. Stratasys Ltd.
  133. Heraeus Holding
  134. Markforged, Inc.
  135. Renishaw plc.
  136. Other Key Companies
  137. APPENDIX
  138. Key Industry Expert Insights
  139. Primary Discussion Guide
  140. Customization Options

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