China Metal 3D Printing Market Analysis, 2020

Rising High-Tech Intensive Manufacturing is Anticipated to Escalate the Growth of the China Metal 3D Printing market

China Metal 3D Printing Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of China Metal 3D Printing market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to this research report “China Metal 3D Printing Market Analysis, 2020”, the China Metal 3D Printing market is anticipated to grow at a CAGR of around 34% during 2021-26F. The Metal 3D printing industry in the country is growing fast rate after a long period of stagnation due to the perennial development of metal 3D printing and rising focus on advanced and green technology. The burgeoning application of 3D printing in design visualization, prototyping, architecture, healthcare, entertainment, retail coupled with the increasing foothold of the market player in the country and the rising number of 3D printing startups are propelling the growth of the market. Moreover, a boost in government initiatives to influence the adoption of 3D printing, strong growth in the automotive, and consumer electronics industry, and escalating demand for metal powders and 3D printers in the aerospace industry are some of the major factors anticipated to proliferate the demand for metal 3D printing in the forthcoming period.

Besides these, the COVID-19 outbreak has a pessimistic impact on the market growth on account of a significant decline in the demand for 3D printing due to the closure of the manufacturing units. However, the market has gained pace and is projected to propel at a high rate in the near future.

Market Segmentation

Metal Extrusion Acquired a Considerable market share

Based on Technology, Metal Extrusion technology acquired a considerable market share in the China Metal 3D printing market in 2019. Material extrusion is known as Fused Filament Fabrication (FFF) and is becoming increasingly popular among the end-user industries due to the low cost associated with extrusion technology of metal 3D printing support the end-users can take benefit from the metal 3D printing such as assembly consolidation, internal channels, and optimized structures.

Moreover, the demand for Material/Binder Jetting technology is also surging at a substantial rate as it is used across a number of industries such as automotive, medical, industrial, and consumer products as it provides realistic prototypes, excellent level of detail, high accuracy, and smooth surface finish. Moreover, it also allows designers to print a design in multiple colors and with a number of materials in a single print. Hence, this is projected to strongly contribute towards the growth of the Metal 3D Printing market in China in the near future as revealed by the research report “China Metal 3D Printing Market Analysis, 2020”.

Competitive Landscape

According to the author, the key players with a considerable market share in the China Metal 3D Printing market include 3D System Corporation, Hoganas AB, Arcam AB, Renishaw, PLC, The ExOne Company, Electro-Optical Systems (EOS) GmbH, Optomec, Inc., Sciaky Inc., Additive Industries, SLM Solutions Group GmbH, etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the China Metal 3D Printing Market?
2. What is the region-wise industry size, growth drivers, and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the China Metal 3D Printing Market?
4. Who are the key competitors or market players and how they perform in China's Metal 3D Printing Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of the China Metal 3D Printing Market study?