NEW YORK, Aug. 5, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 4.42 billion is expected in the metal additive manufacturing market during 2020-2024. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the metal additive manufacturing market in optimistic, probable, and pessimistic forecast scenarios.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. 3D Systems Corp., EOS GmbH Electro Optical Systems, General Electric Co., Materialise NV, Norsk Titanium AS, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., The ExOne Company, and TRUMPF GmbH + Co. KG are some of the major market participants. Although the demand from the automobile industry will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Metal Additive Manufacturing Market 2020-2024: Segmentation
Metal Additive Manufacturing Market is segmented as below:
Metal Additive Manufacturing Market 2020-2024: Vendor Analysis and Scope Some of the major vendors of the metal additive manufacturing market in the chemicals industry include 3D Systems Corp., EOS GmbH Electro Optical Systems, General Electric Co., Materialise NV, Norsk Titanium AS, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., The ExOne Company, and TRUMPF GmbH + Co. KG. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
Metal Additive Manufacturing Market size
Metal Additive Manufacturing Market trends
Metal Additive Manufacturing Market industry analysis
The metal additive manufacturing market is concentrated, and the degree of concentration will accelerate. The rise in R&D activities will offer immense growth opportunities.
Backed with competitive intelligence and benchmarking, our research report on the metal additive manufacturing market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Materials Include: Global 3D Printing Metal Materials Market - Global 3D printing metal materials market is segmented by end-user (medical and healthcare, automotive, aerospace and defense, tool and mold making, and others), type (titanium, stainless steel, nickel, aluminum, and others), and geography (North America, Europe, APAC, South America, and MEA). Download Exclusive Free Sample Report
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Metal Additive Manufacturing Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist metal additive manufacturing market growth during the next five years
Estimation of the metal additive manufacturing market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the metal additive manufacturing market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of metal additive manufacturing market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Drivers, Challenges, and Trends
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market positioning of vendors
3D Systems Corp.
EOS GmbH Electro Optical Systems
General Electric Co.
Norsk Titanium AS
SLM Solutions Group AG
The ExOne Company
TRUMPF GmbH + Co. KG
Scope of the report
Currency conversion rates for US$
List of abbreviations
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