According to TechSci Research report, “United States 3D Printing Metals Market By Form, By Type, By Manufacturing Process, By End User Industry, Competition, Forecast & Opportunities, 2025” the United States 3D printing metals market is anticipated to grow at an impressive CAGR during the forecast period on account of surging demand from automotive and aerospace & defense industry. Metal 3D printing allows the aerospace designers to build superior-quality parts without facing restrictions like production feasibility, complexity or cost, thereby is anticipated to drive the growth of US 3D printing metals market in the upcoming years. Increasing number of product applications for additive manufacturing in numerous fields such as oil & gas, medical & dental, and educational among others, is witnessed in giving a healthy push to the market growth. However, some of the impending challenges confronting the US 3D printing metals market during the forecast period are high costs of metal powder and industrial-grade printers.
Surging demand from aerospace & defence and automotive industries to boost the growth of United States 3D printing metals market during the forecast period.
The United States 3D printing metals market is segmented based on form, type, manufacturing process, end user industry, region and company. In terms of type, the market can be segmented into titanium, nickel, stainless steel and aluminum. Among them, titanium type segment dominated the market in terms of highest revenue share until 2019 and is further forecast to maintain its dominance during the forecast period as well which can be attributed to utilization of titanium in aerospace sector because of its high corrosion resistance and high tensile strength to density ratio. In terms of end user industry, the market is fragmented into aerospace & defense, automotive and medical & dental. aerospace and defense dominated the market until 2019 and is anticipated to hold its dominance owing to capacity of the aeronautics industry to adapt to new technologies and ability to bear high initial costs.
Stratasys Ltd., GE Additive, Proto Labs, Inc., LPW Technology Ltd., Pollen AM Inc., Materialise NV, Renishaw Inc, Hoganas AB, Carpenter Technology Corporation and others are some of the leading players operating in United States 3D printing metals market.
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“The United States 3D printing metals market is projected to grow at a brisk rate during the forecast period on account of innovative product launches coupled with promotional strategies being undertaken by manufacturers in the country such as ExOne GmbH, 3D Systems Corporation, and Carpenter Technology Corporation, among others. Furthermore, decreased prices of 3D printers along with the accessibility of advanced raw materials like stainless steel powder is further expected to fuel the growth of United States 3D printing metals market through 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States 3D Printing Metals Market By Form, By Type, By Manufacturing Process, By End User Industry, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States 3D printing metals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States 3D printing metals market.
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