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)

                                          
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 2030


Increasing 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, 2020


On 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 Segments

By Manufacturing Technique

  
Powder Bed

  
Direct Metal Laser Sintering
  
Selective Laser Melting
  
Electron Beam Melting


  
Blown Powder

  
Direct Metal Deposition
  
Laser Engineering Net Shapes


  
Others

Material Type

  
Alloy

  
Titanium

  
Ti6A14V
  
Ti6A14V (ELI)
  
Others




  
Copper

  
C18150
  
CuCr1Zr
  
CuNi2SiCr


  
Cobalt

  
CoCr
  
CoCrWC
  
CoCrMo


  
Nickel

  
Inconel 625
  
Inconel 718
  
Hastelloy X


  
Aluminum

  
ALSi12
  
ALSi7MG
  
ALSi10MG
  
AL6061
  
Others


  
Aluminum Nitride
  
Aluminum Oxide
  
Magnesium
  
Molybdenum
  
Zirconium Dioxide
  
Silicon Carbide
  
Tungsten Carbide
  
Stainless Steel

  
Austenitic Steel
  
Martensitic Steel
  
Duplex Steel
  
Ferritic Steel


  
Other Steel

  
High Speed Steel
  
Tool Steel
  
Low Alloy Steel


  
Precious Metal

By Application

  
Aerospace
  
Automotive
  
Medical
  
Oil and gas
  
Energy

  
Nuclear
  
Renewable


  
Others

Metal powder specification Outlook

  
Spherical geometry
  
Particle size


Key Market Players included in the report:


  
3D System Corp
  
Additive Industries
  
AddUp Solutions (Fives/Michelin)
  
Airbus SE
  
Alcoa/Arconic
  
AP Works
  
Arcam
  
ATI Metals
  
Bright Laser Technologies
  
Carpenter Technologies Corp.
  
Concept Laser GmbH
  
Cookson Precious Metals Ltd
  
EOS GmbH
  
Exone
  
Farsoon Technologies
  
Fonon Technologies
  
Hoeganaes Corporation
  
Huake 3D
  
Matsuura Machinery Corporation
  
Plunkett Associates.AP&C
  
Praxair Surface Technologies
  
ReaLizer
  
Renishaw
  
Sandvik Group
  
Shaanxi Hengtong Intelligent Machine Co.Lt
  
SLM Solutions Group AG
  
Stratasys Ltd.
  
Syndaya
  
The ExOne Company
  
Wuhan Binhu


 Below are the key development related to Additive Manufacturing with Metal Powders Market in 2020 and 2021.


June 2021 - 3D Systems: announced Rodin Cars, the New Zealand-based manufacturer of the ultimate track car, has selected 3D Systems’ metal additive manufacturing solutions to produce parts for its soon-to-be-released hypercar, the Rodin FZero. Rodin Cars designs and builds completely bespoke single-seat, open-wheel high-performance vehicles that are designed to be faster than contemporary Formula 1 cars. Among the hundreds of metal parts Rodin Cars is additively manufacturing for the Rodin FZero, they are producing a first-of-its-kind 8-speed sequential gearbox with a hydraulically controlled differential. This completely custom component can only be produced using additive manufacturing and was made possible through the collaboration of Rodin Cars’ design prowess and 3D Systems’ deep application expertise and additive manufacturing leadership. Source

June 2021 – 3D Systems : announced it is expanding its executive leadership team focused on innovation with the addition of a Chief Technology Officer for Additive Manufacturing. Industry veteran Dr. David Leigh joins the company in this capacity to expand and accelerate application development and product innovation including all hardware, software, and materials development for production-scale additive manufacturing solutions. Source

May 2021 – 3D Systems : announced targeted investments to address rapidly expanding application opportunities for additive manufacturing (AM) in medical and high-reliability industrial applications. These investments are another important step in the company’s aggressive, four-phase initiative to reorganize, restructure, divest non-core assets, and invest for accelerated growth, which was announced in August of 2020.Acquisition of Allevi, Inc. to expand regenerative medicine initiative by accelerating growth in medical and pharmaceutical research laboratories. Acquisition of German software firm, Additive Works GmbH to expand simulation capabilities for rapid optimization of industrial-scale 3D printing processes. Source

May 2021 – 3D Systems : announced it will increase its presence in Denver, Colorado to support its fast-growing healthcare solutions business, and expand industrial application development capabilities for its Application Innovation Group (AIG). This activity is a continuation of the investment phase of the company’s plan to focus on its strategic purpose as the leaders in enabling additive manufacturing solutions for applications in growing markets that demand high-reliability products.Company adding 50,000 square feet of facility space, additional application expertise, and new additive manufacturing technologies in Denver, Colorado Increased resources will address increasing demand for patient-specific healthcare and highly-regulated industrial applications utilizing the most advanced polymer and metal additive manufacturing technologies. Source