"The
Report Global Metal Material based 3D Printing Market 2017-2021
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz has
stated the addition of a new market research report to its report
repository. The research publication is titled, “Global
Metal Material Based 3D Printing Market 2017-2021”
The research report offers an exhaustive outlook of the dynamics that
are controlling the changes that are occurring in the global market
and further assesses them painstakingly The effect of some
progressive and regressive elements has also been taken into
consideration with equal significance in the market intelligence
report. It also delivers data on the marketing and publicity
strategies, shares, and merchandises of the top drawer companies.
3D printing refers to technique in
which a digitally designed or a scanned object is turned into three
dimensional solid employing a type of additive process. In this
particular process, metal is applied in consecutive layers with
comparatively less wastage. Three dimensional printing merchandises
are made from materials that are substitutes of conventional metals
and plastic. The global metal material based 3D printing market is
expected to grow exponentially owing to the mounting demand from
industries such as healthcare and aerospace. Three dimensional
printing materials aid in achieving weight reduction, extreme
requirements, and complex geometries in the aerospace industry.
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Sample Copy Of This Report @
According to the report, the
global market for metal material based 3D printing is anticipated to
rise at a 10.16% CAGR from 2017 to 2021. One of the main drivers of
the market is the rising adoption rate of metal 3D printing in
different industrial applications. Metal three dimensional printing
is broadly adopted for the purpose of prototyping procedures as it
can create complex shapes in a comparatively short lead time. Many of
the advanced and high valued products from three dimensional printing
are turbine components and aircraft engines. The end users of metal
material based 3D printing are the aerospace industry, research
institutions, and service bureaus. Furthermore, metal 3D printing is
also employed in applications such as molds with cooling channels in
the mold and tool making segment, manufacturing inserts, and direct
tooling. Advantages such as ability to deliver partially complex
geometries and an enhanced degree of maturity are further expected to
support the growth of the global metal material based 3D printing
market in the coming years.
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In terms of type, titanium led the
market in 2016 with the leading market share captured by it. The
growing adoption of 3D printing employing titanium in industries such
as medical, dental, and aerospace is anticipated to keep titanium in
the lead position in the upcoming years as well. Region-wise, the
Americas dominated the market accounting for the maximum share in
2016 owing to the presence of several distinct manufacturing
companies in the region. The cream of the crop players in the market
are SLM Solutions, Sandvik, Hoganas, EOS, and Arcam among several
others.
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