Growth of Automobile Sector Boosts Metal Additive Manufacturing Market

San Francisco, California, July 12, 2018 – TMR Research presents a new market study on the global metal additive manufacturing market for the forecast period between 2017 and 2025. The report, titled “Metal Additive Manufacturing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”, looks into each and every aspect that could have a bearing on the growth of the said market through 2025.

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The global market for metal additive manufacturing is poised to witness lucrative growth over the forecast timeframe. In the recent years, the growth of the automobile industry in Asia Pacific is serving to boost this market. The automobile industry could display high demand for metal additive manufacturing owing to the high demand for faster, fuel-efficient, and lightweight automobiles among consumers. Through the forecast horizon, the metal additive manufacturing industry is poised to gain as automobile manufacturers continue to use additive manufacturing for the design and manufacture of automobiles to serve customer demand. In the coming years, demand in the market could amplify due to rise in production and development of aircraft engines.

Large automobile and manufacturing centers across the world are likely to open attractive opportunities for the metal additive manufacturing market. These include Italy, China, Germany, the U.S., the U.K., and Japan. Among them, the U.S. has showcased its dominance by attaining greater share in the overall market. In the U.S., a host of industries, which include military, are exhibiting demand for metal additive manufacturing.

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The report sheds light on the competitive landscape of the metal additive manufacturing market. Leading companies operating in the global metal additive manufacturing market include SLM Solutions, ExOne, Arcam, Renishaw, and EOS. Some other players having presence in this market are Phenix System and Concept Laser.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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