Industrialization of Powder Bed Fusion and its Production Applications Drive Growth of Metal Additive Manufacturing
Metal 3D printing has experienced increased demand in the additive manufacturing market. However, the high cost of printers, slow speed, and limited part size have somewhat limited the volume opportunities for metal 3D printers in industrial applications.
The rapidly evolving manufacturing industry has recognized the significance of additive manufacturing technology and has initiated R&D projects and set up dedicated teams to further improve and expand the technology capabilities to meet future end-user needs. The metal 3D printing market is becoming one of the fastest growing market segments in the digital era, and the trend is expected to continue moving forward. The focus of 3D printing has moved from hobbyist to industrial and business applications with metal 3D printing in the limelight at present. While plastic 3D printing technology using 3D printing techniques, such as fused deposition modeling (FDM) is the largest market segment, metal 3D printing is gaining attention. The growing demand for metal 3D printing is highly driven by the ability of the technology to manufacture highly customized metal alloys at affordable prices and the ability to combine various separate parts into a single unit. Key applications include: aerospace, automotive and healthcare industries.
Key questions answered in the study:
- What is the significance of metal 3D printing?
- What are the key funding trends and focus areas?
- What are the manufacturing innovations driving adoption?
- How do end-users leverage the benefit of metal 3DP?
- What are the growth opportunities beyond 2020?
- What is the future of metal 3D Printing?
