The metal additive manufacturing industry is estimated to generate $1.4 billion in revenues in 2019, growing to $5.4 billion by 2027. Within this industry is a relatively new sub-segment of metal printers that introduces a more accessible price-point and shorter learning curve, while still offering industrial-level production and quality. We’ve identified this sub-segment as Compact Industrial Metal AM Printers and it addresses a significant hole in the marketplace and creates a lower-level entry point for new industrial users of metal 3D printing technology.
The report includes:
- The definition and market requirements for Compact Industrial Metal AM Printers.
- The applications within any given product lifecycle as well as within the primary industrial verticals, such as automotive, medical & dental, and general manufacturing.
- A general overview of the hardware technologies, with things to consider and the pros and cons of each.
- A detailed review of each of the current notable manufacturers of Compact Industrial Metal AM Printers.
- A detailed analysis of the current state of the Compact Industrial Metal AM Printers market and forecasts through 2027, to include analyses of revenues, installations and market share by market, technology, and manufacturer.
- A discussion on cost of ownership of the various technologies, primary developments for consideration, and obstacles to adoption.
People that might this report useful include:
- Machine shops looking to invest in metal 3D printing/additive manufacturing technology.
- Companies looking to acquire up & coming metal 3D printing hardware technology companies.
- Manufacturers who already own plastic 3D printing hardware and are looking to add metal 3D printing to their portfolio.
- Entrepreneurial hardware companies looking for opportunities within the fast-growing metal 3D printing market.
- Service bureaus looking to expand on their existing capabilities with lower cost, high-quality printing metal printing.
Chapter One: Introduction
1.1 Background and Objective
1.2. Definition and Requirements
1.2.2 Speed and Quality
Chapter Two: Applications of Compact Industrial Metal 3D Printers
2.1 Applications Within the Product Lifecycle
2.1.1 Applications in the Innovation Stage
2.1.2 Applications in the Growth Stage
2.1.3 Applications in the Production Stage
2.1.4 Applications in the Decline Stage
2.2 Applications by Vertical
2.2.1 Applications within Automotive
2.2.2 Applications within Aerospace
2.2.3 Applications within Medical and Dental
2.2.4 Application within General Industrial Manufacturing
2.2.5 Application within Service Bureau
Chapter Three: Printer Technologies
3.1 Powder Bed Fusion (PBF)
3.2 Material Extrusion (ME)
3.3 Directed Energy Deposition (DED)
Chapter Four: Compact Industrial Metal Printer Manufacturers
4.2 Aurora Labs
4.3 Desktop Metal
4.5 OR Laser / Coherent
4.6 Pollen AM
4.7 Xact Metal
4.9.1 Airwolf 3D
Chapter Five: The State of the Compact Industrial Metal 3D Printer Market
5.1 Metal Market Summary
5.2 Compact Industrial Metal Printers Market, Global Revenue and Market Share
5.2.1 Regional Markets
Chapter Six: Cost of Ownership
6.1 Hardware Costs
6.2 Material Costs
6.3 Post Processing Costs
Chapter Seven: Primary Developments and Obstacles to Adoption
7.1 Primary Developments During 2018 and Early 2019 Expected to Impact the Future
7.1.1 Desktop Metal Becomes the Highest Funded Private 3D Printing Company in History
7.1.2 Markforged Expands to Europe with a $82M Funding Round
7.1.3 Software and Connectivity Takes Center Stage
7.1.4 Xact Metal Makes Powder Bed Fusion More Accessible
7.2 Obstacles to Adoption
About the Analyst
Acronyms and Abbreviations Used In this Report
List of Exhibits
Exhibit 1-1: Evaluation Criteria for Compact Industrial Metal Printers
Exhibit 1-2: Typical characteristics of Maker, Prosumer, compact industrial metal and High-End 3D Printing Solutions
Exhibit 1-3: Speed and Quality vs. Ease of Use for the Various Categories of Metal 3D Printers
Exhibit 1-4: Cost vs. Application/Customer-Base for the Various Categories of Metal 3D Printers
Exhibit 2-1: Applications for Compact Industrial Metal 3D Printers within Each Stage of a Product’s Lifecycle
Exhibit 2-2: Considerations for Applications by Printer Technology
Exhibit 2-3: Estimated Global Revenue for Compact Industrial Printers by Vertical Market, 2016-2027(e)
Exhibit 2-4: Estimated Global Revenue for Compact Industrial Printers by Within the Automotive Vertical by Technology, 2016-2027(e)
Exhibit 2-5: Estimated Global Revenue for Compact Industrial Printers by Within the Aerospace Vertical by Technology, 2016-2027(e)
Exhibit 2-6: Market Adoption Statistics for Metal Additively Manufactured Implants
Exhibit 2-7: Estimated Global Revenue for Compact Industrial Printers by Within the Medical/Dental Vertical by Technology, 2016-2027(e)
Exhibit 2-8: Estimated Global Revenue for Compact Industrial Printers by Within the General Engineering Vertical by Technology, 2016-2027(e)
Exhibit 2-9: Estimated Global Revenue for Compact Industrial Printers by Within Service Bureaus by Technology, 2016-2027(e)
Exhibit 3-1: Summary of Global AM Printer Revenues for Compact Industrial Metal Printers Utilizing Powder Bed Fusion (PBF), 2014 – 2027(e)
Exhibit 3-2: The BMD and ADAM processes by Markforged and Desktop Metal
Exhibit 3-3: Summary of Global AM Printer Revenues for Compact Industrial Metal Printers Utilizing Material Extrusion (ME), 2014 – 2027(e)
Exhibit 3-4: Summary of Global AM Printer Revenues for Compact Industrial metal printers utilizing Directed Energy Deposition (DED), 2014 – 2027(e)
Exhibit 3-5: Benefits and Limitations of Technologies Implemented for Compact Industrial Metal 3D Printers
Exhibit 4-1: A comparison within the Materials Extrusion (ME) Sub-Segment of Solutions
Exhibit 4-2: A Comparison within the Powder Bed Fusion (PBF) Sub-segment of Solutions
Exhibit 4-3: Summary Chart
Exhibit 5-1: Summary of Global AM Hardware Revenues, by Material Category
Exhibit 5-2: Percent of Global AM Hardware Revenues, by Material Category
Exhibit 5-3: Overall Metal AM Hardware Revenues as a Function of Technology (ME, PBF, DED)
Exhibit 5-4: Estimated Market Share, by Revenue, for Metal Additive Manufacturing Market by Printer Hardware Technology, 2019
Exhibit 5-5: Estimated Global Revenues for Compact Industrial Printer Hardware by Printer Technology, 2014-2027(e)
Exhibit 5-6: Estimated Summary of Global Compact Industrial Printer Hardware installations by Printer Technology, 2014-2027(e)
Exhibit 5-7: Estimated Global Market Share for Compact Industrial Printer Hardware by Printer Technology, 2014-2027(e)
Exhibit 5-8: Estimated Global Market Share for Compact Industrial Printer Hardware Based on Revenues by Vendor, 2019
Exhibit 5-9: Estimated Global Market Share for Compact Industrial Printer Hardware Based on Units by Vendor, 2019
Exhibit 5-10: Estimated Global Market Share for Compact Industrial Printer Hardware Based on Revenue by Region, 2019
Exhibit 5-11: Estimated Global Market share for Compact Industrial Printer Hardware Based on Revenue by Region and Technology, 2019 64
Exhibit 5-12: Estimated Global Revenue for Compact Industrial Printer Hardware by Region and Technology, 2019
Exhibit 6-1: Typical Costs for Metal Feedstock for PBF, ME and DED Compact Industrial Metal Printers
According to this report, the ‘real’ metal desktop printers can be better described as “Compact Industrial” metal printers. With a more accessible price-point, shorter learning curve, and compact footprint, while still offering industrial-level quality, this class of metal printers addresses a significant hole in the marketplace and creates a lower-level entry point for new industrial users of metal 3D printing technology. Still in its infancy, this sub-segment of metal additive manufacturing hardware is poised to generate nearly $112M in revenue in 2019 and reach over $1.05B by 2027.
About the Report:
This report identifies and quantifies the applications, opportunities, and notable manufacturers of Compact Industrial Metal Printers within the 3D Printing/Additive Manufacturing industry.
The ten-year forecasts contained in this report break out the expected revenues, installations, and marketshare for Compact Industrial metal printers in the AM sector by by market, technology, and manufacturer. The companies discussed include Markforged, Desktop Metal, Xact Metal, and Coherent, among others.
From the Report:
When looking closer at Compact Industrial metal printers, the growth of metal AM as a whole will be aided directly and indirectly by the introduction and refinement of this growing class of metal 3D printers. Not only does the introduction of these new technologies give accessibility to a new group of customers, but they will greatly aid the education and further development of 3D printing as a manufacturing tool across industries and applications. These Compact Industrial metal printing solutions give accessibility to an entirely new segment of the market. With a total system cost of less than $200,000, and minimal set-up requirements, industrial customers now have an increasing number of options to aid in their exploration of metal additive manufacturing.
The most recognizable technologies in this market are the material extrusion technologies, specifically by Desktop Metal and Markforged, which are poised to grow dramatically. By borrowing heavily from materials science established within metal injection molding (MIM), bound metal deposition techniques are experiencing a much higher adoption rate than earlier AM technologies. It is within this subsegment that we are currently seeing a lot of growth for the Compact Industrial metal printing market.
On the other hand, integration of directed energy deposition technologies with subtractive CNC machining tools has grown significantly in the last couple years and helped to establish a stronger link between the additive and subtractive digital manufacturing processes. Furthermore, continued improvements within powder bed fusion technologies are being implemented in two ways, that are ultimately opposite of one another: improved productivity and increased accessibility, with the latter driving Compact Industrial metal printing market growth.
The most notable contributors to the Compact Industrial metal printing market have been, and still are, Markforged and Desktop Metal. And, until recently, Aurora Labs and OR Laser were the only other notable Compact Industrial metal printing manufacturers that had shipped units, taking orders as early as 2016. Pollen AM and Additec are expected to ship units this year, and Xact Metal started shipping the 200C at the end of 2018 and expects to begin shipping the 200S mid-2019.