Innovations in 3D Printing Metal | Worldwide Opportunities, Driving Forces
The 3D Printing Metal market report aims to provide an overview of Global 3D Printing Metals Market along with detailed segmentation of market by type, form, vertical and five major geographical regions. Global 3D Printing Metals market is expected to witness growth during the forecast period owing to it increasing use as a production process in several industries particularly, healthcare and aerospace & defense.
Some of the important players in 3D Printing Metals market are 3D Systems Corporation, Arcam AB, Carpenter Technology Corporation, GKN PLC, Renishaw PLC, Sandvik AB, Hoganas AB, Voxeljet AG, LPW Technology Ltd. and EOS GmbH Electro Optical Systems among others.
There’s been a great deal of press about the benefits of metal 3D printing, and rightly so. We are only beginning to experience the impact that this technology will have on all aspects of manufacturing. And yet, 3D printing in metal has not been adopted on a large scale as a volume production solution for commercial products. Why is that? And what can we foresee a few years down the road that may change this equation?
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First, let’s understand that conventional manufacturing has a long history and has achieved a degree of maturity that additive manufacturing can only dream of. It’s been more than 200 years since the beginning of the industrial revolution, so every conventional process that we use in a factory today has been tried and tested through billions of made objects. That means for most products, it’s hard to compete with the speed and efficiency of traditional manufacturing.
Compared to this, additive manufacturing is in its infancy. There are few industry standards and many competing types of printing machines and technologies. New types of machines are coming out regularly, but the market has yet to determine which one will ultimately become the winner in this race.
Unlike the 1800s, we now have computers and software, which exponentially increase the speed with which we can collect information, share it, and apply it to improving the next generation of machines. Additive is catching up quickly, both in theory and practical experience. Some of that experience is being gained on the factory floor and in classrooms.
Speed
The mass production of consumer and industrial goods relies on speed.
High volume production in a modern factory usually involves some combination of CNC machining, pressure die casting, stamping, and plastic injection molding. For each of these, once the initial setup is done, cycle times are calculated in seconds and volumes can be in the millions. Any increase in cycle times can mean a decrease in profitability.
Ease-of-Use
Designing for metal 3D printing is its own unique animal. The skills and experience needed here are different from those of conventional manufacturing. Product designers and industrial engineers must become more comfortable thinking in terms of additive manufacturing and creating products suitable for it.
Finish Quality
To meet the demands of the mass market, print quality needs to be refined so that parts exit the printer requiring little or no finishing work, as is now the case with injection molding or pressure die casting.
The objectives of this report are as follows:
- To provide overview of the global 3D Printing Metals market
- To analyze and forecast the global 3D Printing Metals market on the basis of type, form and vertical.
- To provide market size and forecast till 2027 for overall 3D Printing Metals market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries.
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
- To provide exhaustive PEST analysis for all five regions.
- To profiles key 3D Printing Metals players influencing the market along with their SWOT analysis and market strategies.
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