Do. Mrz 28th, 2024

The market dynamics for metal 3D printing is prone to various driving and restraining factors. The growing adoption of this technology towards the various end-use industries, such as aviation, aerospace and defense, and medical and healthcare, has been pushing this market with greater thrust. The major factors for the increased adoption of this technology can be attributed to the cost-effectiveness of the process, meaning that despite having high initial costs associated with the process, it serves as an economical manufacturing route as it is capable of producing in-house metal objects in quick time, without getting affected by disruptions in the supply chain. Also, the technology offers greater design flexibility and is capable of producing complex objects which are highly cumbersome to produce through conventional manufacturing techniques.

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However, there are certain factors which have been restricted the widespread adoption of the technology, such as high initial investments, which include prices of metal powders and metal 3D printers followed by proper education and research and development (R&D) for getting accustomed to the technology and creating a skilled workforce. As the technology is still in its development stage for various metals/alloys, the issue related to the strength of the 3D printed objects always prevails. The process needs various optimizations during its operation followed by the post-processing steps, such as heat treatment, meant for relieving the residual internal stresses. In the long run, as the technology gets matured with more enhancements/improvisations in the process, these restraints and problems are expected to get sorted. For instance, SLEDM has the potential of replacing the usual SLM and EBM processes of powder-bed fusion as it capable of reducing the time consumption toward the high-volume metal 3D printing and the manual post-processing steps.

For the proper assessment of the technology, various standards have been developed for metal 3D printing, starting from the design stage to the selection of various metals/alloys, processes, and test methods. Regarding the design, ASTM F3413–19 has been developed, which is meant for the direct energy deposition (DED) process. Another design-related standard, ISO / ASTM52911-1-19, has been developed, which is meant for the laser-based powder bed fusion of metals. Towards the metals/alloys, standards, such as F3305-14a and F3056-14e1 have been developed exclusively for the 3D printing of nickel alloys in the powder bed fusion process. For stainless steels, titanium, and aluminum alloys (AlSi10Mg) being developed by powder bed fusion, F3148-16, F3302-18, and F3318-18 have been developed. Regarding the mechanical testing of the 3D printed metal objects, F3312-14 has been developed. In addition to these standards, ISO/ASTM52907-19 has been developed, which is meant for the characterization of the metal powders. To conclude this, the standards/tests are expected to increase in number as the technology progresses, increasing the reliability of the technology.

The global metal 3D printing market recorded a value of $378.0 million in 2019 and is projected to reach $738.8 million by 2025, registering a CAGR of 24.41% (value) during the forecast period 2020-2025. The growth in the global metal 3D printing market is attributable to the high adoption of technology in the aerospace and medical sectors. The metal 3D printing market has been segmented into type, application, and region. This research also analyzes the adoption of metal 3D printing in different regions and countries and comparative analysis of alternatives available.

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The benefits and diverse applicability offered by the metal 3D printing have been head turners for the global manufacturing sector. As a result, existing and new market players have been entering this business and have adopted the technology toward the manufacturing of metals. However, the associated high initial costs and involved R&D has been a key challenge for the new entrants.

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