Additive Manufacturing with Metal Powders Market Outlook,Overview,Size, Trends
Posted by meera on September 9th, 2021
Reports and Data estimates the global Additive Manufacturing With Metal Powders Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period.
The global Additive Manufacturing With Metal Powders Market is expected to reach USD 50.65 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with increasing demand in the automotive industry globally. Based on statistics, Affordable Manufacturing cost is expected to become the most common growth interest globally in the coming years. High customer Requirements and Global Enhanced demand from aerospace and automation industryare also significant factors stimulating market demand.
The term Additive manufacturing is also known as the fabrication of objects through the deposition of a material by using a print head, nozzle, along with another printer technology. Additive manufacturing with metal powders is the process of joining elements to make objects from 3D model data, usually layer upon layer, as exposed to subtractive production methodologies such as machining.
North America is expected to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 14% in the forecast period. Increasing growth of technologies in the region has created a growth opportunity for the increasing growth of the market. Manufacturers have been focusing on bringing out new technologies.
Major Regions covered in the report:
Key Points Illustrated in the Regional Analysis:
Leading Companies Profiled in the Report:
AP&C, 3D Systems, ATI Metals, AddUp Solutions (Fives/Michelin), Additive Industries, Alcoa/Arconic, Concept Laser, Arcam, Carpenter, EOS.
Further key findings from the report suggest:
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About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
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