Metal AM Market Opportunities and Trends

296 metal AM companies individually surveyed and studied.
Core metal AM market generated $1.6 billion in 2020.
Market expected to grow to over $30 billion by 2030 at 35% CAGR.

This market study from 3dpbm Research provides an in-depth analysis and forecast of the three core segments of the metal additive manufacturing market: hardware, materials and services.

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About this report

The promise of metal AM is very real; however, it has remained difficult to accurately quantify as the global metal AM market remains fragmented.

To address this, 3dpbm Research’s metal AM 2020–2030 study, conducted during Q4 2020 and Q1 2021, surveyed 296 companies—of which, 29.8% hardware manufacturers, 18% materials manufacturers and 52.2% service providers—and collected first-hand data from major stakeholders operating in this segment.

First-hand data was compared and combined with additional data and information collected by the 3dpbm Research team from all publicly available sources, for each company included in this study. Finally, interviews were conducted with leading AM industry stakeholders and independent consultants to further validate and verify the data, estimates and analyses.

In total, the dataset for this market study comprises over 15,000 data points, providing one of the most accurate snapshots of the current metal AM global market.

Using 3dpbm Research’s proprietary forecast model—which integrates multiple coefficients representing a wide range of influencing factors—the core metal AM market is estimated to grow from $1.6 billion in 2020 to over $30 billion by 2030. Significant growth is taking place in new areas of development such as low-cost metal L-PBF, including the very rapid expansion of Asian vendors and service providers, both domestically and internationally. Other areas of notable growth in the forecast period include large-format wire-based metal AM processes (WAAM, EBAM) and accessible bound metal and high-throughput binder jetting production opportunities which are now on the horizon.

In this study, users will find current assessments of the metal AM market, including market positioning of all the key players along with demand and revenue forecasts for hardware, materials and services.

Leading and emerging companies addressed in the report include: 3D Systems, AddUp, AP&C, ATI Specialty Materials, Aubert & Duval, Beam IT / Zare, Bright Laser Technologies, Carpenter Additive, Desktop Metal, DMG MORI, EOS, ExOne, Farsoon, GE Additive (Arcam and Concept Laser), GKN Additive, HBD, Höganäs, JAMPT, Kymera International, Linde (Praxair), Markforged, Oerlikon AM, Proto Labs, RAM3D, Renishaw, Sandvik, Siemens Materials Solutions, Sintavia, SLM Solutions, Stratasys, Tekna, Toolcraft, TRUMPF, Velo3D, voestalpine and many more.

In addition to supporting the market analysis and development efforts of suppliers, the report is targeted towards companies looking to enter the market and capitalize on developing opportunities. OEMs looking to implement AM for metal part production will benefit from this study by quickly and accurately understanding currently available technologies, materials and services as well as the benefits and challenges of each. Finally, it serves as a guide for investors looking for the next disruptive production technologies.

To learn more about the scope of this study and the methodology behind this research please contact us.

Chapter One

Has the time come for metal AM in mass production?

1.1 About this report

1.2 Methodology

1.2.1 Data collection

1.2.1.1 Metal AM Hardware

1.2.1.2 Metal AM Materials

1.2.1.3 Metal AM Services

1.2.2 Forecasting model

1.3 The market for metal AM

1.3.1 Hardware

1.3.1.1 Powder Bed Fusion

1.3.1.2 Directed Energy Deposition

1.3.1.3 Bound Metal Printing

1.3.1.4 Consolidation AM technologies

1.3.2 Metal AM materials

1.3.3 Metal AM services

1.4 Estimating the TAM for metal AM applications

1.5 Key players in metal AM

1.6 10-year forecast of metal AM demand and revenue opportunities

1.6.1 From niche, to serial, to mass manufacturing

1.7 Highlights from this chapter

Chapter Two

How metal AM technologies are evolving to meet production
requirements

2.1 Overview of metal AM hardware technologies

2.2 Powder Bed Fusion technologies

2.2.1 Laser Powder Bed Fusion (L-PBF)

2.2.1.1 Key evolutionary trends

2.2.1.2 Key vendors and systems

2.2.2 Electron Beam Melting (EBM)

2.2.2.1 Key evolutionary trends

2.2.2.2 Key vendors and systems

2.3 Binder-based technologies

2.3.1 Metal Binder Jetting

2.3.1.1 The metal binder jetting process

2.3.1.2 Key evolutionary trends

2.3.1.3 Key vendors and systems

2.3.2 Bound Metal Printing

2.3.2.1 Key evolutionary trends

2.3.2.2 Key vendors and systems

2.4 Directed Energy Deposition technologies

2.4.1 Laser Directed Energy Deposition (L-DED)

2.4.1.1 Key evolutionary trends

2.4.1.2 Key vendors and systems

2.4.2 Wire Arc Additive Manufacturing (WAAM)

2.4.2.1 Key evolutionary trends

2.4.2.2 Key vendors and systems

2.4.3 Electron Beam Additive Manufacturing (EBAM)

2.4.3.1 Key evolutionary trends

2.4.3.2 Key vendors and systems

2.5 Other technologies

2.5.1 Consolidation technologies

2.5.1.1 Key vendors and systems

2.5.1.2 Kinetic Consolidation (Cold Blown Powder)

2.5.1.3 Ultrasound Consolidation (UAM)

2.5.1.4 Friction Consolidation

2.5.2 Material Jetting technologies

2.5.2.1 NanoParticle Jetting (NPJ)

2.5.2.2 Liquid Metal Printing

2.6 State of the metal AM hardware market in 2020

2.6.1 Metal AM hardware unit sales analysis 2020

2.6.2 Metal AM hardware revenues analysis 2020

2.7 10-year forecast of metal AM hardware demand and revenue opportunities

2.7.1 Metal AM hardware unit sales forecast 2020–2030

2.7.2 Metal AM hardware revenues forecast 2020–2030

2.7.3 Metal AM hardware installed base forecast 2020–2030

2.8 Highlights from this chapter

Chapter Three

How metal material companies are scaling up production

3.1 Overview of available metal AM materials

3.1.1 Atomized Metal Powders

3.1.1.1 Water atomization

3.1.1.2 Gas atomization

3.1.1.3 Plasma atomization

3.1.1.4 Other atomization technologies

3.1.2 Metal Wire

3.1.2.1 Metal wire vs metal AM powder costs

3.1.3 Bound Metal Products

3.1.3.1 Bound metal products for material extrusion

3.1.3.2 Bound metal products for stereolithography

3.1.4 Other forms of metal materials for AM

3.2 Metal alloys for AM

3.2.1 Iron-based alloys in additive manufacturing

3.2.1.1 Stainless steels

3.2.1.2 Maraging/tool steels

3.2.1.3 Additional notes on steels for AM

3.2.1.4 Steel applications in AM

3.2.2 Titanium and titanium alloys

3.2.2.1 Titanium and titanium alloy applications in AM

3.2.3 Aluminum alloys

3.2.3.1 Aluminum and aluminum alloy applications in AM

3.2.4 Nickel alloys

3.2.4.1 Nickel superalloy applications in AM

3.2.5 Cobalt-chromium alloys

3.2.5.1 Cobalt-chromium alloy applications in AM

3.2.6 Copper

3.2.6.1 Copper applications in AM

3.2.7 Refractory metals

3.2.7.1 Refractory metal applications in AM

3.2.8 Precious metals

3.2.8.1 Precious metal applications in AM

3.2.9 Amorphous metals

3.2.9.1 Amorphous metal applications in AM

3.3 State of the metal AM materials market in 2020

3.3.1 Understanding metal AM materials demand in 2020

3.3.2 Understanding metal AM materials revenues in 2020

3.3.3 Material Revenues by Industry

3.4 10-year forecast of demand and revenue opportunities for metal AM materials

3.4.1 10-year forecast of metal AM material demand 2020–2030

3.4.2 10-year forecast of metal AM material revenues 2020–2030

3.5 Highlights from this chapter

Chapter Four

How metal AM service providers are shaping the AM factories of
tomorrow

4.1 Types of metal AM service providers

4.1.1 Design and prototyping services

4.1.2 Small and medium-size specialized metal AM service providers

4.1.3 Large metal AM service providers and AM factories

4.1.4 AM material manufacturers offering AM services

4.1.5 AM hardware providers and AM service networks

4.1.6 Vertical AM part suppliers

4.2 Metal AM production workflows

4.2.1 Metal AM software

4.2.1.1 DfAM in the end-to-end integrated AM production workflow
4.2.1.1 CAE and topology optimization
4.2.1.2 CAM
4.2.1.3 MES
4.2.1.4 Simulation
4.2.1.5 Process monitoring
4.2.1.6 Networking and security

4.2.2 Metal AM post-processing and automation systems

4.2.2.1 Metrology and inspection
4.2.2.2 NDT systems
4.2.2.3 HIP and thermal treatment
4.2.2.4 Sintering furnaces
4.2.2.5 Powder sieving and recycling
4.2.2.6 Support removal and cleaning
4.2.2.7 Finishing and polishing

4.3 State of the metal AM services market in 2020

4.3.1 Metal AM services: machines and revenue analysis

4.3.2 Metal AM services: parts and material volume analysis

4.3.3 Metal AM services: part size–specific revenue generation analysis

4.4 10-year forecast of materials consumption, parts produced, and revenue opportunities for
metal AM service providers

4.4.1 Metal AM services: forecast of metal materials demand 2020–2030

4.4.2 Metal AM services: forecast of metal AM parts demand 2020–2030

4.4.3 Metal AM services: forecast of metal AM parts revenues 2020–2030

4.5 Geographic analysis of the metal AM service market

4.6 Highlights from this chapter

Chapter Five

A preview of key vertical markets

5.1 Aerospace and Defense

5.2 Industrial Parts and Tools

5.3 Automotive, Transportation and Motorsports

5.4 Medical and Dental

5.5 Energy and Maritime

5.6 Consumer Products and Other Markets (Jewelry, Education, Construction, Etc)

5.7 Highlights from this chapter

Figures

Fig. 1-1: Metal AM revenue opportunity segments today and relational

interconnections

Fig. 1-2: Metal AM hardware technology families and overlaps

Fig. 1-3: Revenues in key industry segments for metal AM ($US B) 2020 vs 2030

Fig. 1-4: Key metal AM market operators

Fig. 1-5: 10-year forecast of total metal AM market revenues ($US M) 2020–2030

Fig. 1-6: 10-year forecast of YoY growth for total metal AM market revenues ($US M)

2020–2030

Fig. 1-7: 10-year forecast of total metal AM market revenues ($US B) 2020 vs 2025

vs 2030

Fig. 1-8: Metal AM market CAGR

Fig. 1-9: 10-year total metal AM market share forecast by core segment 2020 vs

Fig. 2-1: Map of commercially relevant metal AM technologies and companies

Fig. 2-2: Key benefits and challenges of L-PBF technology

Fig. 2-3: Key L-PBF systems for production

Fig. 2-4: Key benefits and challenges of EBM technology

Fig. 2-5: Key EBM systems for production

Fig. 2-6: Key benefits and challenges of metal binder jetting technology

Fig. 2-7: Key metal binder jetting systems for production

Fig. 2-8: Key benefits and challenges of BMP technologies

Fig. 2-9: Key BMP systems for production

Fig. 2-10: Key benefits and challenges of L-DED technology

Fig. 2-11: Key L-DED systems for production

Fig. 2-12: Key benefits and challenges of WAAM technology

Fig. 2-13: Key WAAM systems for production

Fig. 2-14: Key benefits and challenges of EBAM technology

Fig. 2-15: Key EBAM systems for production

Fig. 2-16: Key benefits and challenges of consolidation technologies

Fig. 2-17: Key consolidation systems for production

Fig. 2-18: Top 10 companies by metal AM hardware units sold in 2020

Fig. 2-19: Top 10 metal AM hardware systems by units sold in 2020

Fig. 2-20: Top 10 companies by metal AM hardware generated revenues in 2020

Fig. 2-21: Top 10 metal AM hardware systems by generated revenues in 2020

Fig. 2-22: Metal AM hardware revenues market share by technology in 2020

Fig. 2-23: Metal AM hardware revenues market share by technological family in

Fig. 2-24: Metal AM hardware revenues ($US M) by technology 2020 and YoY growth

for 2021

Fig. 2-25: Metal AM hardware revenue market share by vertical adoption segments

in 2020

Fig. 2-26: Top 10 countries producing hardware by revenues ($US M) in 2020 and

2021 YoY growth

Fig. 2-27: 10-year forecast of metal AM hardware unit shipments by technology

Fig. 2-28: 10-year forecast of metal AM hardware unit shipments by material form

Fig. 2-29: 10-year forecast of metal AM hardware unit average prices ($US K) by

technology

Fig. 2-30: 10-year forecast of metal AM hardware revenues ($US M) by technology

Fig. 2-31: 10-year forecast of metal AM hardware revenues CAGR by technology

Fig. 2-32: 10-year forecast of YoY growth for metal AM hardware revenues ($US M)

2020–2030

Fig. 2-33: 10-year forecast of metal AM hardware unit installed base by technology

2020–2030

Fig. 2-34: 10-year forecast of HW unit installed base by material form and YoY

growth 2020–2030

Fig. 3-1: A comparison of wire and AM powder pricing

Fig. 3-2: Markforged bound metal filament offer

Fig. 3-3: Common third-party bound metal filament products and pricing

Fig. 3-4: Unique commercial metal AM material products considered in this report by

metal type

Fig. 3-5: Common steel alloys available commercially for AM

Fig. 3-6: Common titanium alloys available commercially for AM

Fig. 3-7: Common aluminum alloys available commercially for AM

Fig. 3-8: Common nickel alloys available commercially for AM

Fig. 3-9: Common cobalt alloys available commercially for AM

Fig. 3-10: Common copper alloys available commercially for AM

Fig. 3-11: Common refractory metal alloys available commercially for AM

Fig. 3-12: Common precious metal alloys available commercially for AM

Fig. 3-13: Number of unique metal AM material products offered by company

Fig. 3-14: Top 10 metal AM material companies by material sold 2020

Fig. 3-15: Volumes by metal (t) in 2020 and YoY growth for 2021

Fig. 3-16: Volumes (t) by material form in 2020 and YoY growth for 2021

Fig. 3-17: Volumes (t) by country in 2020 and YoY growth for 2021

Fig. 3-18: Top 10 metal AM material companies by generated revenues in 2020

Fig. 3-19: Revenues ($US K) by metal in 2020 and YoY growth for 2021

Fig. 3-20: Revenues ($US K) by material form in 2020 and YoY growth for 2021

Fig. 3-21: Revenue share by industry

Fig. 3-22: 10-year forecast of metal AM material demand (t) by metal 2020–2030

Fig. 3-23: Average price of metal AM materials ($US/kg) by metal 2020–2030

Fig. 3-24: Approx. highest and lowest prices ($US/kg) of metal AM material

considered

Fig. 3-25: 10-year forecast of total metal AM material revenues ($US M) and YoY

growth 2020–2030

Fig. 3-26: 10-year forecast of metal AM material revenues ($US M) by metal 2020–

Fig. 3-27: 10-year forecast of metal AM material revenues CAGR by metal 2020–

Fig. 3-28: 10-year forecast of metal AM material revenues YoY growth trend 2020–

Fig. 4-1: Top 10 metal AM service providers by revenues in 2020

Fig. 4-2: Top 10 metal AM service providers by number of metal AM systems

Fig. 4-3: Revenue market share by the number of metal AM systems installed

Fig. 4-4: Average revenue per metal AM system ($US K) by number of metal AM

systems installed

Fig. 4-5: Top 10 metal AM service providers by number of metal AM parts produced

Fig. 4-6: Top 10 metal AM service providers by metal AM material consumption

Fig. 4-7: Typical applications for different part sizes considered in this report

Fig. 4-8: Revenues ($US K) by metal AM part size (kg) in 2020

Fig. 4-9: Number of metal AM parts produced by part size (kg) in 2020

Fig. 4-10: Average price ($US) of metal AM parts by part size (kg) in 2020

Fig. 4-11: Revenue generated per metal AM system ($US K) by average part weight

(kg) in 2020

Fig. 4-12: 10-year forecast of metal AM services metal material demand (t) 2020–

Fig. 4-13: 10-year forecast of metal AM services metal material demand (t) by

technology 2020–2030

Fig. 4-14: 10-year forecast of powder-only metal material demand (t) 2020–2030

Fig. 4-15: 10-year forecast of metal AM parts produced (thousands) 2020–2030

Fig. 4-16: 10-year forecast of metal AM parts produced (thousands) by part weight

(kg) 2020–2030

Fig. 4-17: 10-year forecast of parts produced (thousands) by vertical adoption

segment 2020–2030

Fig. 4-18: 10-year forecast of metal AM services revenues ($US M) by part size (kg)

2020–2030

Fig. 4-19: Forecasted CAGR of metal AM services revenues by part size (kg) 2020–

Fig. 4-21: Top 10 countries by number of metal AM parts produced by metal AM

services in 2020

Fig. 4-22: AM parts produced by metal AM services by geographic region in 2020

and 2030

Fig. 4-23: Top 10 countries by metal material consumption (kg) in 2020 and YoY

growth for 2021

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Metal AM Market Opportunities and Trends

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