LONDON, Nov. 22, 2017 /PRNewswire/--Technology and Market Analysis
This report covers the technologies used and the main applications in 3D printing of metals, with an assessment of commercially available printers and materials. Analysis showing the state of the market, market growth drivers and restraints, and forecast printer and materials revenue is provided. 3D printing of metals is estimated to become a $12 billion market by the year 2028.
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After initial commercialisation in the 1990s, 3D printing metals has witnessed a flurry of interest in recent years. Key players have been quick to capitalise on this demand, enjoying exponential revenue growth since 2013 as a result. The expiration of several key powder bed fusion patents in 2016 will almost certainly drive down printer prices, which, combined with market consolidation in the form of a number of high profile acquisitions, suggests this emerging technology is now showing signs of maturity. However, at this stage it would be a mistake to underestimate the enormous potential for innovation in 3D printing of metals.
In 2017, several companies launched new printer technologies with the promise of overcoming some of the existing barriers to adoption, such as lower printer prices, faster build speeds, cheaper materials, and more. Increasing throughput and streamlining production efficiencies will drive demand growth for printers and materials substantially.
Technology and Applications
In 2017, the 3D printing metals market comprises multiple different printer technologies. This report takes an in-depth look into established printer types such as Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), Directed Energy Deposition (DED) and Binder Jetting. Key technological capabilities, applicable markets, SWOT analyses and key manufacturers are discussed for each established printer type. In addition, nascent printer technologies that will be commercialised in 2017 are introduced, and their technological capabilities evaluated.
This report provides a detailed overview of currently supported materials for 3D printing metals, assessing production methods, raw material requirements across different printer types and their potential applications. In addition, novel methods for creating new materials for 3D printing metals are discussed.
Market Analysis
This report forecasts the overall 3D printing metals market to 2028, with in depth discussion of currently commercialised and emerging printer technologies. The current state of the printers and materials market is analysed, and long-range forecasts from 2018-2028 for installed base, units sold and revenue per annum segmented by printer type and material are evaluated.
IDTechEx conducted exhaustive primary research with companies positioned throughout the entire 3D printing value chain for key insights into the trends impacting growth to 2028. Over 30 company profiles have been included in the report including EOS, Concept Laser GmbH and Arcam AB, amongst others.
Key questions that are answered in this report:
- What are the current and emerging printer technology types in 2017?
- How do metrics such as price, build speed, build volume and precision vary by printer type?
- What materials are currently supported by different printer technology types?
- Who are the key suppliers of metal powders for 3D printing metals?
- What are the strengths and weaknesses of different powder manufacturing methods?
- What is the current installed base of 3D metal printers?
- What is the price range of 3D metal printers by technology type?
- What are the market shares of those active in the market?
- What are the key drivers and restraints of market growth?
- How will sales of different printer types evolve from 2018 to 2028?
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