According to a recent study by market research company VoxelMatters, the core market for metal 3D printing grew by 26% in 2022 compared to the previous year. It reached a volume of 2.85 billion US dollars. The main drivers here are sales of 3D printing hardware, which account for over half of the market.
The study analyzes the market volume and sales in the areas of hardware, materials and services. It also looks at the most important user industries and the geographical distribution. The EMEA region is currently in the lead here, with Germany as the driving force. In North America, the US market is leading, while Asia is recording strong growth, led by China and Japan.
In addition to established powder-based processes such as laser melting or binder jetting, the study also examines wire-based processes such as electron beam melting in more detail. Newer techniques such as stereolithography or cold gas spraying are also included in the analysis.
Users of the study include existing providers of metal 3D printing solutions. On the other hand, the study is aimed at companies looking to enter this growing market. The study also provides investors with a good overview of the market.
The survey is based on the VoxelMatters database with around 7,000 verified 3D printing companies. For the metal sector, 444 relevant companies were identified, including 132 hardware manufacturers, 73 material suppliers and 239 service providers.
The study entitled “Metal AM Market 2023” can be purchased for £4,500.00.
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