Home > Chemicals & Materials > Advanced Materials > Functional Materials > Additive Manufacturing With Metal Powders Market

Additive Manufacturing With Metal Powders Market Share

Report ID: GMI1783
Published Date: Mar 2022
Report Format: PDF

Download Free Sample

Additive Manufacturing With Metal Powders Market Share

The global market is moderately consolidated and competitive. Key players in the additive manufacturing with metal powders industry include

EOS
Arcam
Concept Laser
3D systems
Trumpf
Renishaw
Optomec
Matsuura Machinery
ExOne

Other industry participants include Ping, Phenix Systems, Plunkett Associates, Pratt & Whitney, Progold MTU, Metalysis, GE, and Puris. The market players are implementing strategies such as expansion, mergers & acquisitions, technological advancements, and partnerships & collaborations to increase the market share and tap the growth opportunities in the market.

For instance, in February 2021, 3D Systems partnered with U.S Army for virtual design and qualification projects. The company will work to enhance a component related to an army modernization product to improve overall system performance and maximize cooling. This project is expected to enhance the company’s brand value and accelerate the additive manufacturing with metal powders market revenue.

Additionally, in November 2021, Trumpf acquired the joint venture company, Trumpf Sisma S.R.L. from its partner SISMA S.p.A., which is an Italy based company. The strategic acquisition was primarily aimed to strengthen the company’s additive manufacturing business.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Additive manufacturing with metal powders market is slated to surpass USD 1.8 billion by 2030 and is expected to expand at a CAGR of 21% from 2022 to 2030 driven by the surging inclination toward technological advancements across the medical sector.

The market revenue from powder bed manufacturing is projected to grow at a CAGR of 21.5% through 2030 considering the soaring product application in the aerospace and automotive industries.

North America additive manufacturing with metal powders market is anticipated to surpass USD 680.2 million until 2030 owing to the presence of numerous medical device manufacturers like Medtronic, 3M Company, Abbott, and others.

Major companies in the additive manufacturing with metal powders market comprise Arcam, 3D systems, Renishaw, EOS, Matsuura Machinery, Concept Laser, and others.