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Report updated on 11th September, 2021: Global Additive Manufacturing with Metal Powders Market by Material Type (Alloy, Stainless Steel), By Application (Automotive Industry, Aerospace Industry, Academic Institutes), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)Trusted Business Insights has published a comprehensive market research report on, Global Additive Manufacturing with Metal Powders Market by Material Type (Alloy, Stainless Steel, Other Materials), By Application(Automotive Industry, Aerospace Industry, Healthcare and Dental Industry, Academic Institutes, Other Applications), and by Region -Global Forecast to 2030, which offers a holistic view of the global additive manufacturing with metal powders market through systematic segmentation that covers every aspect of the target market. The global additive manufacturing with metal powders market is projected to be US$ 590.0 Mn in 2020 to reach US$ 4419.4 Mn by 2030 at a CAGR of 22.3%. Additive manufacturing, commonly known as 3D printing, is contrary to subtractive manufacturing -a traditional method of forming an object by removing material. Additive manufacturing includes rapid prototyping, 3d printing, direct digital manufacturing, layered manufacturing, as well as, additive fabrication. It adds layer upon layer of any material such as plastic, metal and so on. Additive manufacturing is a process by which digital design is converted into three-dimensional physical products. It is majorly used to produce customized parts and parts that cannot be produced by traditional methods used such as machining, casting etc. In additive manufacturing with metal powder, the powder is consolidated into solid components to create the final product. Metal powder is made either by plasma atomization or gas atomization, in which the latter is commonly used. By using the additive manufacturing process, waste is reduced exorbitantly, as compared to traditional methods. This could help in attracting industries, and hence help in the augmentation of the manufacturing sector. This method builds objects from CAD model, and human intervention is not required, hence reducing workforce and saving cost. This is expected to boost the growth of the market. The field is growing at a solid pace, as heavy investments are being made in research and development projects to make use of this extensively. Complex objects can be formed by additive manufacturing, and as demand for customized products is on the rise, it is expected to impact the market positively. Growing end-use industries such as automotive, healthcare, aerospace etc. are anticipated to help in the market growth.
Global Additive Manufacturing with Metal Powders Market Revenue (US$ Mn), 2021 to 2030Increasing demand for light-weight products and parts from end-use industries such as automotive, aerospace, etc. and rising expenditure on research and development to develop the technology at its earliest. As applications of this technology are vast and increasing continuously, investments are increasing, which is projected to help in the market growth. A significant advantage over traditional manufacturing such as reduction of tooling costs, increased productivity, fast design duplication, lower weight of the final product, etc. are some critical factors that are expected to increase adoption of additive manufacturing techniques in various end-use industries such as aerospace, healthcare, automobile, fashion, etc. Low adoption of additive manufacturing techniques, owing to the technology being at a niche stage, as compared to subtractive manufacturing, is likely to hamper the market growth to a certain extent.
Global Additive Manufacturing with Metal Powders Market by Formulation, 2020On the basis of material type, the market is segmented into Alloy, Stainless Steel and Other Materials. Alloy accounts for the majority share in the global additive manufacturing with metal powders market. On the basis of region, the market is segmented into North America, Europe, APAC, South America and MEA. The North America accounts for the majority share in the global additive manufacturing with metal powders market, followed by APAC. The research report on the global additive manufacturing with metal powders market includes profiles of some of major companies such as EOS GmbH, General Electric Company, SLM Solutions Group AG, 3D Systems Corporation, Renishaw plc, The ExOne Company, Wuhan Binhu Mechanical & Electrical Co. Ltd., Bright Laser Technologies LTD (BLT), Sandvik AB, Optomec, Inc. etc.
Below are the active patents related to Additive Manufacturing with Metal Powders Market.Patent Number: EP3135408A1 Powder-bed additive manufacturing devices and methods Abstract The disclosure relates to an apparatus (10) for manufacturing a metallic component (C), and corresponding methods. The apparatus (10) may include a build plate (26) with a build surface (36) and an aperture (38). The apparatus (10) may also include an actuator (55) operably to translate a metallic component (C) such that an end portion of the metallic component (C) is positioned within the aperture (38) of the build plate (26) and below the build surface (36). The apparatus (10) may further include a seal (28) coupled within the aperture (38) of the build plate (26) and configured to engage the end portion of the metallic component (C). The aperture (38) of the build plate (26), the seal (28), and the end portion of the metallic component (C) may cooperate to form a powder bed (60) to hold metallic powder (P) therein. The apparatus (10) may also include an external heat control mechanism (30) operable to form a predetermined temperature profile of the end portion of the component (C) to prevent cracking of the component (C). Application File Date: 2016-08-25 Application Granted Date: 2019-10-02 Current Assignee: General Electric Co Patent Number: US20170144224A1 Additive Manufacturing System And Method Abstract An additive manufacturing system including a two-dimensional energy patterning system for imaging a powder bed is disclosed. Improved structure formation, part creation and manipulation, use of multiple additive manufacturing systems, and high throughput manufacturing methods suitable for automated or semi-automated factories are also disclosed. Application File Date: 2016-10-27 Application Granted Date: 2020-03-24 Current Assignee: Seurat Technologies Inc Patent Number: US20110241947A1 Additive manufacturing apparatus and method Abstract An apparatus (10) for forming a three dimensional object (30) by layer-wise addition of a build material has a build-support (100) for supporting the object (30) during forming and a removable metallic base-layer (110) that is in the form of a mesh, film, sheet or foil. The base-layer (110) is removably securable to the build support (100). Application File Date: 2009-10-30 Application Granted Date: 2015-03-31 Current Assignee: Renishaw PLC
Key Market SegmentsBy Manufacturing Technique
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