Laser Metal Welding (LMW)
3D Printers Market
Laser Metal Welding (LMW) 3D Printers Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Laser Metal Welding (LMW) 3D Printers Market Size and Growth
The Laser Metal Welding (LMW) 3D Printers market is experiencing significant growth, driven by advancements in manufacturing efficiency and material utilization. Current market size is estimated at approximately $200 million, with a projected compound annual growth rate (CAGR) of over 15% through 2028, reflecting rising demand across various industrial sectors.
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Companies Covered
(Covid 19 Impact Covered)
◍ BeAM
◍ Trumpf
◍ Optomec
◍ FormAlloy
◍ DMG Mori
◍ 3D Systems
◍ GE Additive
◍ EOS
◍ Sisma
◍ Superwave
◍ Hans
◍ SLM Solutions
◍ Meltio
◍ InssTek
◍ Relativity ◍ Sciaky ◍ MHI
◍ Evobeam
The Laser Metal Welding (LMW) 3D Printers Market features companies like BeAM, Trumpf, and GE Additive, focusing on diverse applications from aerospace to tooling. They enhance market growth through innovative technologies and collaborations, leading to improved efficiency and production. Revenue figures include:
- 3D Systems: Approx. $520 million
- GE Additive: ~$1.1 billion
- SLM Solutions: ~$70 million
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Market Segmentation
By Application
Aerospace Industry
Automotive Industry
Medical
Others
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By Product
Titanium Alloy
Aluminum Alloy
Structural Steel
Others
Market Growth
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$ X Billion USD
