Metal 3D Printing to Yield $50B in Parts by 2030
SmarTech Analysis has some bold numbers for the metal additive manufacturing (AM) market. The leading firm dedicated to 3D printing market analysis and consulting has projected that the segment for metal 3D printed parts will reap $50 billion annually by 2030.
In its latest iteration of a flagship research product, the “Metal AM Parts Produced 2021“ report, the firm again looks at the production volumes of metal 3D printed components and the resulting market values. The report includes a database of metal AM market projections for metal AM parts ranging from prototypes, tools, and tooling to end-use production components. These items span eight major industries and dozens of part categories, such as aircraft and helicopter engine parts in aerospace to nuclear reactor components in the energy sector.