DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Metal Material based 3D Printing Market 2017-2021" report to their offering.
The global metal material based 3D printing market to grow at a CAGR of 10.16% during the period 2017-2021.
The report, Global Metal Material Based 3D Printing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in market is increase in demand for aircraft engines from OEMs. Aircraft engine production and development is one of the largest market opportunities for the 3D printing materials industry, especially for metals. The advancements in CAD and additive technology are leading to an increase in the use of metal 3D printed parts for functional use in engines. 3D printing helps in reducing the weight of the engine and provides complex design capability for new objects.
According to the report, one driver in market is prominence in industrial applications over plastics. Metal 3D printing is used in a wide range of industrial applications and is gaining market share over plastics. Metal 3D printing is widely adopted for prototyping processes because it can produce complex shapes in a shorter lead time. Some of the high valued and most advanced products from 3D printing are aircraft engines and turbine components. The industrial end-users are service bureaus, research institutions, and the aerospace industry. The aerospace industry for metal 3D printing is expected to grow at a rapid rate (CAGR of 25%-30%) based on the demand coming from engine and system components.
Other prominent vendors
- Concept Laser
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: D printing methods
PART 07: Market segmentation by type
PART 08: Market segmentation by end-user
PART 09: Geographical segmentation
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/jrwjfl/global_metal