The Asia Pacific Metal 3D Printing Market would witness market growth of 20.5% CAGR during the forecast period (2022-2028).
Metal 3D printing is one such market that has reaped the benefits of the increased need for rapid prototyping and improved manufacturing techniques. Due to the increasing use of additive manufacturing in numerous industry verticals, the sector is expected to grow at an unprecedented rate over the forecast period. To bring more innovations in these products, the market players across the world are constantly increasing their efforts in this sector. Increased innovation is a significant growth element for this market, which is leading to various benefits through the usage of metal 3D printing in heavy industry applications.
Another factor driving the market expansion is the increasing utilization of metal 3D printers for product and object design & prototyping, which is accompanied by lower production costs and more accuracy in the final output. The market is expected to see strong demand from the automotive, healthcare, aerospace, & defense industries..
Due to significant economic and demographic expansion, the industrial & construction industries have been driving the demand for 3D & 4D printing in the region. Emerging countries in this region are seeking emerging technologies that are extremely effective, efficient, and environmentally benign. Cranes with vertical lift capabilities and tiny working radii are regarded as a supplementary necessity in several nations in the region, like India & China, where metropolitan areas are densely populated. This opens the door for 4D printing businesses to create machines that can be extended or flattened depending on the available workspace.
Japan, China, & South Korea are among Asia's most advanced 3D printing users. The Ministry of Industry and Information Technology created the National 3D Printing Industry Development Promotion Plan (2015-2016) for the Chinese 3D printing industry, which set targets for innovation & commercialization of 3D printing in the region. As a result, the Chinese market has seen large capital expenditures in the additive manufacturing field from the government, enterprises, & research institutes. This is anticipated to speed up the pace of additive manufacturing in China, paving the door for 4D printing and other innovations.
The China market dominated the Asia Pacific Metal 3D Printing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $971.7 million by 2028. The Japan market is poised to grow at a CAGR of 19.8% during (2022 - 2028). Additionally, The India market would display a CAGR of 21.3% during (2022 - 2028).
Based on Vertical, the market is segmented into Automotive, Aerospace & Defense, Healthcare, Consumer Electronics, and Power, Energy & Others. Based on Component, the market is segmented into Hardware, Software (Design Software, Inspection Software, Printer Software, and Scanning Software), and Services. Based on Application, the market is segmented into Prototyping and Tooling & Functional Parts. Based on Technology, the market is segmented into Selective Laser Melting, Electron Beam Melting, Electron Beam Freeform Fabrication, Laser Metal Deposition, Direct Metal Laser Sintering, Laminated Object Manufacturing, Inkjet Printing, and Selective Laser Sintering. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Metal 3D Printing Market is Projected to reach USD 11.6 Billion by 2028, at a CAGR of 19.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., 3D Systems Corporation, Stratasys Ltd., Carpenter Technology Corporation, Voxeljet AG, Sandvik AB, The ExOne company (Desktop Metal, Inc.), EOS GmbH - Electro Optical Systems, Materialise NV, and Renishaw PLC.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Automotive
- Aerospace & Defense
- Healthcare
- Consumer Electronics
- Power, Energy & Others
By Component
- Hardware
- Software
- Design Software
- Inspection Software
- Printer Software
- Scanning Software
- Services
By Application
- Prototyping
- Tooling & Functional Parts
By Technology
- Selective Laser Melting
- Electron Beam Melting
- Electron Beam Freeform Fabrication
- Laser Metal Deposition
- Direct Metal Laser Sintering
- Laminated Object Manufacturing
- Inkjet Printing
- Selective Laser Sintering
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- 3D Systems Corporation
- Stratasys Ltd.
- Carpenter Technology Corporation
- Voxeljet AG
- Sandvik AB
- The ExOne company (Desktop Metal, Inc.)
- EOS GmbH - Electro Optical Systems
- Materialise NV
- Renishaw PLC
TABLE 1 Asia Pacific Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– 3D Printing Metals Market
TABLE 4 Product Launches And Product Expansions– 3D Printing Metals Market
TABLE 5 Acquisition and Mergers– 3D Printing Metals Market
TABLE 6 Asia Pacific Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Power, Energy & Others Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Power, Energy & Others Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Design Software Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Design Software Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Inspection Software Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Inspection Software Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Printer Software Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Printer Software Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Scanning Software Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Scanning Software Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Prototyping Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Prototyping Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Tooling & Functional Parts Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Tooling & Functional Parts Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 44 Asia Pacific Selective Laser Melting Market by Country, 2018 - 2021, USD Million
TABLE 45 Asia Pacific Selective Laser Melting Market by Country, 2022 - 2028, USD Million
TABLE 46 Asia Pacific Electron Beam Melting Market by Country, 2018 - 2021, USD Million
TABLE 47 Asia Pacific Electron Beam Melting Market by Country, 2022 - 2028, USD Million
TABLE 48 Asia Pacific Electron Beam Freeform Fabrication Market by Country, 2018 - 2021, USD Million
TABLE 49 Asia Pacific Electron Beam Freeform Fabrication Market by Country, 2022 - 2028, USD Million
TABLE 50 Asia Pacific Laser Metal Deposition Market by Country, 2018 - 2021, USD Million
TABLE 51 Asia Pacific Laser Metal Deposition Market by Country, 2022 - 2028, USD Million
TABLE 52 Asia Pacific Direct Metal Laser Sintering Market by Country, 2018 - 2021, USD Million
TABLE 53 Asia Pacific Direct Metal Laser Sintering Market by Country, 2022 - 2028, USD Million
TABLE 54 Asia Pacific Laminated Object Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 55 Asia Pacific Laminated Object Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 56 Asia Pacific Inkjet Printing Market by Country, 2018 - 2021, USD Million
TABLE 57 Asia Pacific Inkjet Printing Market by Country, 2022 - 2028, USD Million
TABLE 58 Asia Pacific Selective Laser Sintering Market by Country, 2018 - 2021, USD Million
TABLE 59 Asia Pacific Selective Laser Sintering Market by Country, 2022 - 2028, USD Million
TABLE 60 Asia Pacific Metal 3D Printing Market by Country, 2018 - 2021, USD Million
TABLE 61 Asia Pacific Metal 3D Printing Market by Country, 2022 - 2028, USD Million
TABLE 62 China Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 63 China Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 64 China Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 65 China Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 66 China Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 67 China Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 68 China Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 69 China Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 70 China Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 71 China Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 72 China Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 73 China Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 74 Japan Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 75 Japan Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 76 Japan Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 77 Japan Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 78 Japan Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 79 Japan Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 80 Japan Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 81 Japan Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 82 Japan Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 83 Japan Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 84 Japan Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 85 Japan Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 86 India Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 87 India Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 88 India Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 89 India Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 90 India Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 91 India Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 92 India Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 93 India Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 94 India Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 95 India Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 96 India Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 97 India Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 98 South Korea Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 99 South Korea Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 100 South Korea Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 101 South Korea Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 102 South Korea Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 103 South Korea Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 104 South Korea Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 105 South Korea Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 106 South Korea Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 107 South Korea Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 108 South Korea Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 109 South Korea Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 110 Singapore Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 111 Singapore Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 112 Singapore Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 113 Singapore Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 114 Singapore Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 115 Singapore Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 116 Singapore Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 117 Singapore Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 118 Singapore Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 119 Singapore Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 120 Singapore Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 121 Singapore Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 122 Malaysia Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 123 Malaysia Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 124 Malaysia Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 125 Malaysia Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 126 Malaysia Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 127 Malaysia Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 128 Malaysia Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 129 Malaysia Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 130 Malaysia Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 131 Malaysia Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 132 Malaysia Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 133 Malaysia Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 134 Rest of Asia Pacific Metal 3D Printing Market, 2018 - 2021, USD Million
TABLE 135 Rest of Asia Pacific Metal 3D Printing Market, 2022 - 2028, USD Million
TABLE 136 Rest of Asia Pacific Metal 3D Printing Market by Vertical, 2018 - 2021, USD Million
TABLE 137 Rest of Asia Pacific Metal 3D Printing Market by Vertical, 2022 - 2028, USD Million
TABLE 138 Rest of Asia Pacific Metal 3D Printing Market by Component, 2018 - 2021, USD Million
TABLE 139 Rest of Asia Pacific Metal 3D Printing Market by Component, 2022 - 2028, USD Million
TABLE 140 Rest of Asia Pacific Metal 3D Printing Market by Software Type, 2018 - 2021, USD Million
TABLE 141 Rest of Asia Pacific Metal 3D Printing Market by Software Type, 2022 - 2028, USD Million
TABLE 142 Rest of Asia Pacific Metal 3D Printing Market by Application, 2018 - 2021, USD Million
TABLE 143 Rest of Asia Pacific Metal 3D Printing Market by Application, 2022 - 2028, USD Million
TABLE 144 Rest of Asia Pacific Metal 3D Printing Market by Technology, 2018 - 2021, USD Million
TABLE 145 Rest of Asia Pacific Metal 3D Printing Market by Technology, 2022 - 2028, USD Million
TABLE 146 Key Information – General Electric (GE) Co.
TABLE 147 Key Information – 3D Systems Corporation
TABLE 148 Key Information – Stratasys Ltd.
TABLE 149 Key Information – Carpenter Technology Corporation
TABLE 150 Key Information – voxeljet AG
TABLE 151 Key Information – Sandvik AB
TABLE 152 Key Information – The ExOne company
TABLE 153 Key Information – EOS GmbH - Electro Optical Systems
TABLE 154 Key Information – Materialise NV
TABLE 155 key Information – Renishaw PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2018, Jun – 2022, Mar) Leading Players
FIG 5 Recent strategies and developments: General Electric (GE) Co.
FIG 6 Recent strategies and developments: Stratasys Ltd.
FIG 7 Recent strategies and developments: Carpenter Technology Corporation
FIG 8 Recent strategies and developments: Sandvik AB
FIG 9 Recent strategies and developments: Materialise NV