PORTLAND, Ore., April 07, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global 3D printing metal market was estimated at $147.2 million in 2018 and is expected to hit at $796.3 million by 2026, registering a CAGR of 23.5% from 2019 to 2026. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Rise in penetration of bio-based materials and high-end technological advancements on board fuel the growth of the global 3D printing metal market. On the other hand, high costs related to raw materials restrain the growth to some extent. Nevertheless, rapidly growing industries such as healthcare, automotive, and aerospace & defense are expected to pave the way for lucrative opportunities in for the key players in the industry.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/6447
The aluminum segment to rule the roost by 2026-
By type, the aluminum segment contributed to around half of the total market revenue in 2019, and is expected to retain its dominance by the end of 2026. At the same time, the steel segment would project the fastest CAGR of 24.2% during the study period. The other segments assessed in the market report include titanium and nickel.
The powder segment to maintain the lion’s share till 2026-
By form, the powder segment held nearly three-fourths of the total market share in 2019, and is projected to retain the top status by 2026. The filament segment, on the other hand, is anticipated to manifest the highest CAGR of 24.1% throughout the forecast period.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6447
North America to dominate in terms of revenue-
By geography, North America generated the highest market share in 2019, holding more than two-fifths of the global market. Simultaneously, the region across Asia-Pacific would register the fastest CAGR of 24.2% by 2026. The other two provinces discussed in the report include LAMEA and Europe.
Frontrunners in the industry-
The key market players analyzed in the global 3D printing metal market report include Arcam AB, Autodesk, Inc., 3D Systems, Voxeljet AG, The ExOne Company, Hoganas AB, Optomec, Inc., Ponoko Limited, Stratasys Ltd, and Organovo Holdings, Inc. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/3d-printing-metal-market/purchase-options
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.