Direct Energy Deposition 3D Printing Technology Market - Forecasts from 2019 to 2024

The direct energy deposition 3D printing technology market is estimated to be valued at US$403.971 million in 2018. Direct energy deposition (DED) is a 3D printing process which utilizes a laser or an electronic beam to fuse powdered or wired material into the desired shape. The demand for this technology is projected to improve in the coming years with the increasing penetration of 3D printing across multiple industries. Furthermore, the technology allows for the construction of large and complex structures, and can repair worn out parts without the original CAD file, further improving its demand in the coming years. Additionally, the metal 3D printed parts, printed from this technology have equal or superior mechanical properties, due to the fully dense and very fine microstructures, resulting from rapid solidification by this technology, thus improving its demand further in the coming years.

The Direct Energy Deposition 3D Printing Technology Market - Forecasts from 2019 to 2024 is an exhaustive study presenting the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by component, end-user, and geography.

The global direct energy deposition 3D printing technology market has been segmented by component, end-user, and geography. Based on component the market has been segmented into hardware, software, services, material. By end-user, the market has been classified into healthcare, automotive, aerospace and defense, and others.

Geographically, North America and European regions are projected to show good growth in the coming years on account of increasing adoption of 3D printing technology across multiple end-user industries such as automotive, aerospace and defence, healthcare, and more. Furthermore, Asia Pacific region is estimated to see multiple growth opportunities in the coming years owing to the rapid improvements and increasing use of newer technologies in the manufacturing industry in developing economies such as India and China.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these regions present for the manufacturers and the service providers.

Geographically, North America and European regions are projected to show good growth in the coming years on account of increasing adoption of 3D printing technology across multiple end-user industries such as automotive, aerospace and defence, healthcare, and more. Furthermore, Asia Pacific region is estimated to see multiple growth opportunities in the coming years owing to the rapid improvements and increasing use of newer technologies in the manufacturing industry in developing economies such as India and China.

Major players in the global direct energy deposition 3D printing technology market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global direct energy deposition 3D printing technology market.

Segmentation

By Component

Hardware
Software
Service
Material

By End-User

Healthcare
Automotive
Aerospace and Defense
Others

By Geography

North America
South America
Europe
Middle East and Africa
Asia Pacific