3D Metal Printing Machines Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2028
“The reasons for the growth of 3D metal printing machine market include increased applications in aerospace and defence sectors, increasing wind power generation, growing demand from healthcare sector, and rising investment by market players�
Global 3d metal printing machines market is anticipated to grow significantly in the coming years due to increased applications in the healthcare industry. 3D metal printing is a type of additive technology that uses special CAD designs. They create detailed image from the all angles of given design with accuracy and offer great range of design and shapes and are capable of achieving higher complexities through different techniques. 3D metal printing machines offer zero wastage, since the powder left after use can be reused again for other applications. The reasons for the growth of 3D metal printing machine market include increased applications in aerospace and defence sectors, increasing wind power generation, growing demand from healthcare sector, and rising investment by market players. Moreover, increasing focus by manufacturers for designing and manufacturing body structures and aircraft engines by using lightweight metals is also propelling the 3D metal printing machines market. Additionally, increase in incidences of cardiovascular and joint replacements procedures in geriatric population is expected to encourage the demand for 3D metal printing machines in healthcare industry. Growing investments in defence and aerospace industries in developing regions of Asia Pacific, high demand for dental implantation, and rise in gas turbine installation in North America is trending in the 3D metal printing machine market. Nonetheless, rise in applications in oil & gas industry and educational fields is expected to offer lucrative opportunities to the market. The market is categorized on the basis of metal type, form, application, and geography. On the basis of metal type, market is divided into titanium, aluminium, nickel, steel, Inconel, and others. Titanium is expected to hold larger share of the market due to increase in use of titanium in defence sector. This is because, titanium is highly