The Latin America, Middle East and Africa Metal 3D Printing Market is expected to witness market growth of 25.2% CAGR during the forecast period (2022-2028).
Any application that consists of group metal elements, from tooling additions with cooling channels to lightweight formations for aerospace, is expected to certainly profit from Metal 3D Printing. Additionally, 3D printing metal is a type of additive production method in which components are fused to build a three-dimensional layer arrangement on a substrate. This method of production is a type of additive manufacturing technology that is used in the steel industry. Primary production firms, 3D printing service bureaus, specialized 3D printer vendors, software program vendors, professional service providers, & other market players are all paying more attention to 3D printing metals.
An entire production process can be derailed by a single damaged screw. If the manufacturer has run out of spare parts, the company will be in a pickle if overseas supplier requires a significant amount of time to send new screws. If company have a metal 3D printer on hand, though, making just one replacement screw is expected to take only a few hours and cost far less. Metal 3D printing appeals to manufacturers and enterprises because it promises to eliminate their costly & frequently unreliable supply chains. Several metal 3D printers have gained the traction of consumers demanding for a solution to their spare part difficulties across the market.
Rapid industrialization, supporting government policies, and a growing tendency of adopting new technology are expected to enhance the demand for 3D printing metals throughout Central & South America. In April 2015, MakerBot partnered with Distance to provide 3D printing services in the region, leveraging the company's good local presence & logistics expertise.
By 2050, manufacturing will have transitioned to sustainable manufacturing, resulting in a production loop. By 2021, Dubai is predicted to become Asia's largest commercial hub, while Abu Dhabi manufacturing is on the upswing. Industrial robotics, Virtual manufacturing, 3D printing, fully automated warehousing, and smart recycling are all examples of how manufacturing is becoming more digital. As supply chains and global value chains become shorter and more regionalized, localized manufacturing setor will become more significant.
The Brazil market dominated the LAMEA Metal 3D Printing Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $298.2 million by 2028. The Argentina market is estimated to grow at a CAGR of 25.9% during (2022-2028). Additionally, The UAE market is expected to witness a CAGR of 24.9% during (2022-2028).
Based on Vertical, the market is segmented into Automotive, Aerospace & Defense, Healthcare, Consumer Electronics, and Power, Energy & Others. Based on Component, the market is segmented into Hardware, Software (Design Software, Inspection Software, Printer Software, and Scanning Software), and Services. Based on Application, the market is segmented into Prototyping and Tooling & Functional Parts. Based on Technology, the market is segmented into Selective Laser Melting, Electron Beam Melting, Electron Beam Freeform Fabrication, Laser Metal Deposition, Direct Metal Laser Sintering, Laminated Object Manufacturing, Inkjet Printing, and Selective Laser Sintering. & nbsp;Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include General Electric (GE) Co., 3D Systems Corporation, Stratasys Ltd., Carpenter Technology Corporation, Voxeljet AG, Sandvik AB, The ExOne company (Desktop Metal, Inc.), EOS GmbH-Electro Optical Systems, Materialise NV, and Renishaw PLC.
By Vertical
By Country
Any application that consists of group metal elements, from tooling additions with cooling channels to lightweight formations for aerospace, is expected to certainly profit from Metal 3D Printing. Additionally, 3D printing metal is a type of additive production method in which components are fused to build a three-dimensional layer arrangement on a substrate. This method of production is a type of additive manufacturing technology that is used in the steel industry. Primary production firms, 3D printing service bureaus, specialized 3D printer vendors, software program vendors, professional service providers, & other market players are all paying more attention to 3D printing metals.
An entire production process can be derailed by a single damaged screw. If the manufacturer has run out of spare parts, the company will be in a pickle if overseas supplier requires a significant amount of time to send new screws. If company have a metal 3D printer on hand, though, making just one replacement screw is expected to take only a few hours and cost far less. Metal 3D printing appeals to manufacturers and enterprises because it promises to eliminate their costly & frequently unreliable supply chains. Several metal 3D printers have gained the traction of consumers demanding for a solution to their spare part difficulties across the market.
Rapid industrialization, supporting government policies, and a growing tendency of adopting new technology are expected to enhance the demand for 3D printing metals throughout Central & South America. In April 2015, MakerBot partnered with Distance to provide 3D printing services in the region, leveraging the company's good local presence & logistics expertise.
By 2050, manufacturing will have transitioned to sustainable manufacturing, resulting in a production loop. By 2021, Dubai is predicted to become Asia's largest commercial hub, while Abu Dhabi manufacturing is on the upswing. Industrial robotics, Virtual manufacturing, 3D printing, fully automated warehousing, and smart recycling are all examples of how manufacturing is becoming more digital. As supply chains and global value chains become shorter and more regionalized, localized manufacturing setor will become more significant.
The Brazil market dominated the LAMEA Metal 3D Printing Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $298.2 million by 2028. The Argentina market is estimated to grow at a CAGR of 25.9% during (2022-2028). Additionally, The UAE market is expected to witness a CAGR of 24.9% during (2022-2028).
Based on Vertical, the market is segmented into Automotive, Aerospace & Defense, Healthcare, Consumer Electronics, and Power, Energy & Others. Based on Component, the market is segmented into Hardware, Software (Design Software, Inspection Software, Printer Software, and Scanning Software), and Services. Based on Application, the market is segmented into Prototyping and Tooling & Functional Parts. Based on Technology, the market is segmented into Selective Laser Melting, Electron Beam Melting, Electron Beam Freeform Fabrication, Laser Metal Deposition, Direct Metal Laser Sintering, Laminated Object Manufacturing, Inkjet Printing, and Selective Laser Sintering. & nbsp;Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include General Electric (GE) Co., 3D Systems Corporation, Stratasys Ltd., Carpenter Technology Corporation, Voxeljet AG, Sandvik AB, The ExOne company (Desktop Metal, Inc.), EOS GmbH-Electro Optical Systems, Materialise NV, and Renishaw PLC.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Automotive
- Aerospace & Defense
- Healthcare
- Consumer Electronics
- Power, Energy & Others
- Hardware
- Software
- Design Software
- Inspection Software
- Printer Software
- Scanning Software
- Services
- Prototyping
- Tooling & Functional Parts
- Selective Laser Melting
- Electron Beam Melting
- Electron Beam Freeform Fabrication
- Laser Metal Deposition
- Direct Metal Laser Sintering
- Laminated Object Manufacturing
- Inkjet Printing
- Selective Laser Sintering
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- 3D Systems Corporation
- Stratasys Ltd.
- Carpenter Technology Corporation
- Voxeljet AG
- Sandvik AB
- The ExOne company (Desktop Metal, Inc.)
- EOS GmbH-Electro Optical Systems
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Metal 3D Printing Market by Vertical
Chapter 5. LAMEA Metal 3D Printing Market by Component
Chapter 6. LAMEA Metal 3D Printing Market by Application
Chapter 7. LAMEA Metal 3D Printing Market by Technology
Chapter 8. LAMEA Metal 3D Printing Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- General Electric (GE) Co.
- 3D Systems Corporation
- Stratasys Ltd.
- Carpenter Technology Corporation
- Voxeljet AG
- Sandvik AB
- The ExOne company (Desktop Metal, Inc.)
- EOS GmbH - Electro Optical Systems
- Materialise NV
- Renishaw PLC
Methodology
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