
Region:North America
Author(s):Yogita Sahu
Product Code:KROD1896
October 2024
87

By Metal Type: The market is segmented by metal type into titanium, aluminum, stainless steel, nickel alloys, and others. Titanium holds a dominant share in this segment due to its high strength-to-weight ratio and corrosion resistance, making it ideal for aerospace and medical applications. Titanium is widely used in creating lightweight, strong components, which are essential in aircraft manufacturing and the production of high-quality prosthetics in the healthcare sector.

By End-Use Industry: The market is also segmented by end-use industry into aerospace & defense, automotive, healthcare, industrial tools, and others. Aerospace & defense is the dominant segment, accounting for a large share of the market. The demand for lightweight yet strong metal components in the aviation industry and space exploration drives the growth of this segment. The use of metal 3D printing has enabled the creation of intricate parts that are not feasible with traditional manufacturing methods, leading to significant cost and time savings.

The market is characterized by the presence of several key players that dominate due to their advanced manufacturing capabilities, strong R&D investments, and extensive partnerships across industries. Leading companies such as 3D Systems Corporation and Stratasys Ltd. are constantly innovating to maintain their position in the market.
|
Company |
Establishment Year |
Headquarters |
Innovation Capabilities |
Metal Portfolio |
R&D Investments |
Partnerships |
Employees |
Revenue |
Market Reach |
|
3D Systems Corporation |
1986 |
Rock Hill, SC |
|||||||
|
Stratasys Ltd. |
1989 |
Eden Prairie, MN |
|||||||
|
General Electric Additive |
1892 |
Boston, MA |
|||||||
|
EOS GmbH |
1989 |
Krailling, Germany |
|||||||
|
Renishaw plc |
1973 |
Gloucestershire, UK |
Over the next five years, the North America 3D printing metal industry is expected to see steady growth driven by technological advancements, increasing adoption in industrial sectors, and expanding applications in medical and aerospace industries. The market will continue to evolve with the development of new metal powders and the refinement of printing technologies.
|
By Form |
Powder, Filament |
|
By Technology |
Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion, Others |
|
By Metal Type |
Titanium, Nickel, Stainless Steel, Aluminum, Others |
|
By End-Use Industry |
Aerospace & Defense, Automotive, Medical & Dental, Consumer Goods, Others |
|
By Country |
United States, Canada, Mexico |
Aerospace & Defense Companies
Automotive Manufacturers
Medical Device Manufacturers
Industrial Tools Manufacturers
Metal Powder Suppliers
Venture Capital & Investment Firms
Government and Regulatory Bodies (U.S. Federal Aviation Administration, Canadian Medical Device Bureau)
Metal Additive Manufacturing Companies
3D Systems Corporation
Stratasys Ltd.
EOS GmbH
General Electric Additive
Renishaw plc
Hgans AB
Desktop Metal
Arcam AB
HP Inc.
ExOne Company
Velo3D
Optomec, Inc.
Materialise NV
SLM Solutions Group AG
Markforged Inc.
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-on-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Advancements in Metal Additive Manufacturing
3.1.2. Increasing Adoption in Aerospace & Defense
3.1.3. Rising Demand for Lightweight Components (in automotive, healthcare, etc.)
3.1.4. Government Support & Industrial Collaborations
3.2. Market Challenges
3.2.1. High Cost of Metal Powders
3.2.2. Limited Availability of Raw Materials (Metal Powders)
3.2.3. Technical Barriers in Large-Scale Production
3.2.4. Complex Certification & Regulatory Approvals
3.3. Opportunities
3.3.1. Expansion into Medical Applications
3.3.2. Customization of Metal Parts for Niche Markets
3.3.3. Integration with Traditional Manufacturing Processes
3.3.4. Growing Use in Prototyping & Small Batch Production
3.4. Trends
3.4.1. Increasing Use of Hybrid Manufacturing
3.4.2. Adoption of Multi-Material 3D Printing
3.4.3. Developments in New Metal Alloys (Titanium, Aluminum, etc.)
3.4.4. Expansion of On-Demand Manufacturing
3.5. Government Regulations
3.5.1. Import Tariffs on Raw Materials
3.5.2. Industry Standards for Metal Additive Manufacturing
3.5.3. Certifications for Aerospace and Medical Applications
3.5.4. Environmental Compliance (Carbon Footprint, Recycling)
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces Analysis
3.9. Competition Ecosystem
4.1. By Metal Type (In Value %)
4.1.1. Titanium
4.1.2. Aluminum
4.1.3. Stainless Steel
4.1.4. Nickel Alloys
4.1.5. Others
4.2. By End-Use Industry (In Value %)
4.2.1. Aerospace & Defense
4.2.2. Automotive
4.2.3. Healthcare
4.2.4. Industrial Tools
4.2.5. Others (Consumer Goods, Jewelry, etc.)
4.3. By Technology (In Value %)
4.3.1. Direct Metal Laser Sintering (DMLS)
4.3.2. Selective Laser Melting (SLM)
4.3.3. Electron Beam Melting (EBM)
4.3.4. Binder Jetting
4.3.5. Other Technologies
4.4. By Application (In Value %)
4.4.1. Prototyping
4.4.2. Manufacturing of Components
4.4.3. Customization
4.4.4. Tooling
4.4.5. Repair & Refurbishment
4.5. By Region (In Value %)
4.5.1. United States
4.5.2. Canada
5.1. Detailed Profiles of Major Companies
5.1.1. 3D Systems Corporation
5.1.2. Stratasys Ltd.
5.1.3. EOS GmbH
5.1.4. General Electric Additive
5.1.5. Renishaw plc
5.1.6. SLM Solutions Group AG
5.1.7. Materialise NV
5.1.8. Desktop Metal
5.1.9. ExOne Company
5.1.10. Arcam AB
5.1.11. Hgans AB
5.1.12. Velo3D
5.1.13. HP Inc.
5.1.14. Optomec, Inc.
5.1.15. Markforged Inc.
5.2. Cross Comparison Parameters (Market Share, Innovation Capabilities, Partnerships, Product Portfolio, Revenue, R&D Investments, No. of Employees, Headquarters)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Venture Capital Funding
5.8. Government Grants
5.9. Private Equity Investments
6.1. Industry Standards for Metal Additive Manufacturing
6.2. Compliance with Aerospace and Defense Standards
6.3. Certifications for Medical Applications
6.4. Environmental Regulations
7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth
8.1. By Metal Type
8.2. By End-Use Industry
8.3. By Technology
8.4. By Application
8.5. By Region
9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Strategic Marketing Initiatives
9.4. White Space Opportunity Analysis
The first step involves identifying critical variables that impact the North America 3D printing metal market. This includes studying the role of key stakeholders such as manufacturers, suppliers, and end-users. Comprehensive secondary research from proprietary databases and public sources is used to gather this data.
This step involves collecting and analyzing historical data on market performance, trends, and the adoption of 3D printing technologies in various industries. Market penetration rates and revenue generation statistics are closely monitored to understand market dynamics.
After initial analysis, market hypotheses are developed and validated through direct consultations with industry experts. These experts provide insights into operational and technical challenges, market growth opportunities, and regulatory factors.
The final step involves synthesizing the collected data and expert insights to create a validated, detailed report. Bottom-up and top-down approaches are used to ensure the accuracy of the analysis, providing a holistic view of the North America 3D printing metal market.
The North America 3D printing metal market is valued at USD 223 million, driven by increased industrial applications, particularly in aerospace, automotive, and healthcare industries.
Challenges include high costs of metal powders, regulatory hurdles in aerospace and medical applications, and technical barriers in large-scale production, limiting market expansion.
Key players include 3D Systems Corporation, Stratasys Ltd., EOS GmbH, General Electric Additive, and Renishaw plc. These companies dominate due to their strong R&D investments, advanced manufacturing capabilities, and partnerships across industries.
The market is driven by technological advancements, increasing adoption in the aerospace and automotive sectors, and the growing demand for lightweight, durable components. Government support for metal additive manufacturing also plays a significant role.
The market is expected to experience steady growth over the next five years, driven by advancements in 3D printing technologies, increasing applications in aerospace and healthcare, and the development of new metal powders.
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