Metal Additive ManufacturingTrends 2021

SmarTech Analysis sees strong growth in steel AM solutions (+48%)

Latest forecast highlights surge in steel additive manufacturing opportunities

Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community.

SmarTech Analysis, the leading provider of additive manufacturing market data and market analysis, has released a new market tracking and forecast database for steel additive manufacturing (AM) opportunities. The steel AM report highlights 48% growth in steel AM powder shipments during 2018 – the greatest of any established metal in additive manufacturing. The new release is a two-part resource that provides users with tracking and forecast data for steel powder shipments, revenues, pricing analysis, hardware opportunities, and more across the AM value chain. The database is accompanied by a report detailing current trends and factors affecting the steel AM industry which influence the outlook in the data.

This two-part resource is a continuation of a new series of market intelligence offerings from SmarTech Analysis which provides stakeholders in steel additive manufacturing an off-the-shelf resource for market metrics and forecasts specific to a rapidly growing segment of the industry. The analysis is both broad and deep, with tracked data covering material shipments and revenues by end-user industry and geographic region, as well as by consuming print technology and other metrics. The package can easily be plugged into existing internal market intelligence resources or dissected to provide business intelligence across organizations. The accompanying short report provides context for the data by analyzing the latest events and trends in the steel AM market as they relate to various forecasted data.

Steel AM Report

A state of steel AM report

• Steel is one of the only metals which is processed in every area of metal additive technology today, and is commonly introduced as a first material for new additive manufacturing platforms due to its widespread market appeal, non-reactive nature, widespread supply chain in powder form, low cost relative to other common AM materials, and more, making it of key strategic importance to the industry

• For the most part, the use of steel to directly produce additively manufactured end-use parts is developing in areas which are outside of the primary historical markets for metal AM technology (which are medical and aerospace), which makes steels one of the keys to expansion of metal AM technology throughout the industrial world. Though there are plenty of opportunities today to utilize steel AM in both aerospace and medical contexts, steels are one of the fastest growing metal types in AM thanks to their use in supporting other industries which have an interest in additive manufacturing outside of these core areas

• Despite its popularity in additive applications, there are a very narrow group of steels which are commonly printed today relative to the vastness of steel opportunities which are currently utilized by traditional manufacturing processes across nearly every imaginable industry. It is estimated by SmarTech Analysis that there are only about ten primary steel alloys which are widely printed today, though certain private users are beginning to engage in material development for steels at a quicker rate which may have resulted in internal-only use of new steels for AM

Research 2021
Ceramic AM Market Opportunities and Trends

This market study from 3dpbm Research provides an in-depth analysis and forecast of the ceramic additive ma...

Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based 3dpbm. Today the company publishes the leading news and insights websites 3D Printing Media Network and Replicatore, as well as 3D Printing Business Directory, the largest global directory of companies in the additive manufacturing industry.

Related Articles

2 Comments

  1. Is the sale of AM powders an accurate indicator of the state of the AM industry? There are several high throughput AM approaches that do not use powdered metals – these technology could significantly out weigh AM powder sales.

    1. Excellent point. However, this post (and report) mainly focuses on the growth of steel powders in AM (although the title may be a bit unclear in this sense). Are you referring to wire-based DED or WAAM technologies, or indirect casting technologies that use 3D printing? Or other technologies altogether?

Back to top button

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • PHPSESSID
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services

STAY AHEAD

OF THE CURVE

Join industry leaders and receive the latest insights on what really matters in AM!

This information will never be shared with 3rd parties

I’ve read and accept the privacy policy.*

WELCOME ON BOARD!