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3D metal printing technique is gaining popularity in the healthcare sector. It is extensively used in the manufacturing of large series of orthopedic and spinal implants and patient-specific implants. Research analysis on the global 3D metal printing machines market identifies that the increased demand for bioprinting in hip and knee replacement will be one of the major factors that will have a positive impact on the growth of the market. Also, the feasibility and affordability of these surgeries are improving due to the increased disposable income and easy access to finance. This in turn, will create a subsequent demand for the metal 3D printer. The increasing prevalence of joint replacements and cardiovascular procedures among the older population will further boost the installation of 3D metal printing machines in the healthcare sector. Technavio's market research analysts predict that this market will grow at a CAGR of close to 27% by 2021.
Manufacturers are creating dental frames using 3D metal printing machines. These frames are used for dental implantation. The increased demand for dental implantation is identified as one of the key trends in the global 3D metal printing machines market. In addition, the demand for dental care products is increasing due to the rising awareness and increased disposable income. The number of dental procedures will further increase with the rising incidence of oral diseases.
The 3D metal printing machines market is highly competitive and characterized by the presence of both global and regional players. These 3d printing companies are focusing on competitive pricing, innovations, and technology to remain competitive in the market. They are also trying to increase their global presence by focusing on aftermarket service network. Furthermore, the rising investment on technologically advanced systems will enable vendors to meet customer demands.
Key vendors in this market are -
Other prominent vendors in the market include EnvisionTEC, ExOne, Materialise, Sciaky, SLM Solutions, and Stratasys.
Manufacturers extensively rely on 3D metal printing machines to design and manufacture aircraft engine and body structures using light-weight metals. These structures are stronger and more stable in comparison to aircrafts that are manufactured using conventional methods. This technology helps in the reduction of fuel consumption, CO? emissions, and offer cost-effective results. The aerospace sector manufacture engines, turbine parts, and cabin interior components using 3D printing machines. This technique is also used to create prototypes for unmanned aerial vehicles (UAV).
Offshore wind power installations are becoming common in various regions, especially in the North Sea. These projects require 3D metal printing techniques for the construction of wind turbines. This in turn, will create the demand for 3D metal printing machines in the US. Furthermore, the aerospace market in the US is the largest in the world and has a skilled and educated workforce. The industry is also supported by extensive distribution systems, diverse offerings, and strong funding at local and national levels. Consequently, the 3D printing equipment market will grow from 2017 to 2021 in the US.
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This upcoming research report on the global 3D metal printing machines market offers insights into the significant trends and drivers influencing the growth of the heavy industry. Our reports for the heavy industry also follow a detailed data collection methodology and offer an extensive analysis of the highly volatile market segments like engineering tools.
Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of primary and secondary data collection methods and assess the changing demand-supply landscape of the engineering tools sector. Few of the key approaches involved in this methodology are detailed vendor briefing, online surveys, and consultation of industry journals and publications. Also, by considering the market forecast and size, surging demand for multiple segments of the engineering tools sector, the industry analysts at Technavio present an all-inclusive picture of the 3D metal printing machines market from 2017 to 2021.
This forthcoming market research report on the 3D metal printing machines market also covers vendors like 3D Systems Corporation, Arcam AB, EOS, and Sandvik. According to our industry experts, the increasing adoption of 3D metal printing in industrial application is expected to impact the global market significantly. Furthermore, to present clients with the possibility to explore multiple market segments and expand in niche markets, this report on the 3D metal printing machines market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for the 3D metal printing machines market also categorizes the influencing drivers, trends, and challenges that the engineering tools sector currently experiences. This upcoming report on the 3D metal printing machines market presents insights into the rapidly changing vendor landscape to give clients a complete picture of the forthcoming events within the heavy industry. Technavio also presents an in-depth market assessment into the sectors such as unit operations and construction.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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