Additive Manufacturing Equipment with Metal Powders Market Size, Share, By Type (Selective Laser Melting (SLM) and Electronic Beam Melting (EBM)), By Application (Automotive Industry, Aerospace Industry, Healthcare & Dental Industry, and Academic Institutions), and By Region, Trends, Analysis and Forecast till 2034

Additive Manufacturing Equipment with Metal Powders Market Size was valued at USD 683.7 Million in 2024 and is projected to grow at a CAGR of 23.1% to reach USD 4,537.4 Million by 2034.

Additive manufacturing equipment using metal powders is described as combining materials using powdered metals to create items from 3D model data, generally layer by layer, instead of subtractive and formative manufacturing processes. Instead of using "subtractive" methods, which remove or shape the material by machining, milling, or shaping, Additive Manufacturing builds parts by layering on layers. Essential to note is that in Additive Manufacturing, the digital definition of the component geometry is always predicated on digital 3D model data from a computer-aided design (CAD) application.

There are several benefits associated with Additive manufacturing technology in comparison to conventional production methods. Parts may be designed considerably more complexly and lower in weight because to the ability to deposit materials only where needed, which can significantly increase performance. Unlike methods like casting and injection molding, which need a large upfront investment in equipment and have little capacity to iterate product ideas or give any product differentiation, this process is toolless, making it perfect for one-off or customized items.The market is being driven primarily by the need for specialized and lightweight components in the automotive, aerospace, healthcare, and other industries. A further factor drawing interest from enterprises looking for economical and sustainable production solutions is additive manufacturing's capacity to reduce material waste and production time.

Due to continuous research and development activities focused on improving material qualities, process efficiency, and application adaptability, the market for Additive Manufacturing with Metal Powders is expected to grow despite obstacles such as expensive initial investments and regulatory restrictions.

Additive Manufacturing Equipment with Metal Powders Market Drivers:

Need for complex engineering structures

• Market growth is expected to be fueled by the rising demand, particularly in the manufacturing of complex engineering structures. Especially in sectors like aerospace, automotive, and medical, additive manufacturing, commonly referred to as 3D printing, provides unmatched flexibility and cost-effectiveness in producing parts. Tooling is unnecessary when components are directly fabricated from computer-aided design (CAD) models utilizing metal additive manufacturing methods like laser and electron beam. This reduces waste and assembly time.
• This method allows metal components to be quickly prototyped, reducing wasteful material use and providing a cost-free opportunity to experiment with new design elements. The growing need for metal prototypes and customized goods, notably in the aerospace and military sectors, will further propel the use of additive manufacturing technologies.

Applications across various industries

• Metal powders find extensive applications in additive manufacturing across several sectors, including consumer products, automotive, aerospace, healthcare, and energy. Several industries use metal 3D printing for specialized applications, including producing energy-efficient parts, customized medical implants, lightweight aircraft components, and automobile prototypes. The industrial sector is presently witnessing a sharp increase in the use of additive manufacturing technology. These technologies give engineers a creative way to create and design parts.
• Metal powder additive manufacturing offers unparalleled design freedom, material selection, and production efficiency, making it a game-changing technology in the manufacturing industry. Furthermore, the market has a lot of room to grow because to the ongoing developments in additive manufacturing technologies, which have improved printing accuracy, speed, and material diversity.

Additive Manufacturing Equipment with Metal Powders Market Restrains:

High initial investment cost

• The high upfront and ongoing expenses of using metal powder additive manufacturing appear to be a major barrier to its broad adoption. First off, purchasing the necessary technology for additive manufacturing, such as printers, supplementary apparatus, and metal powder deposition systems, is an expensive endeavor. High-end devices with accuracy and dependability are sometimes prohibitively expensive, rendering them unaffordable for startups and smaller companies.
• Moreover, the energy needed to operate additive manufacturing processes impacts operating costs and environmental effects, especially for technologies like Electron Beam Melting (EBM) and Selective Laser Melting (SLM). Thus, the lack of standardized procedures and regulatory frameworks hinders the widespread use of metal powder additive manufacturing, especially in safety-sensitive sectors like healthcare and aerospace.

Additive Manufacturing Equipment with Metal Powders Market is segmented based on Type, Application, and region:

Type Insights:

• Selective Laser Melting (SLM):

This additive manufacturing technique uses a powerful laser beam to fuse and selectively melt layers of metal powder together, constructing a three-dimensional object layer by layer from a digital design. SLM provides excellent resolution and precision, making it possible to create complex metal components with fine details and superb surface finishes.

• Electronic Beam Melting (EBM):

This technique melts and fuses metal powder layers using a powerful electron beam in a vacuum chamber. The vacuum environment in EBM enables the processing of reactive metals like tantalum and titanium, which are highly vulnerable to oxidation in the presence of oxygen, in contrast to SLM, which functions in an inert gas environment.

Among the segments mentioned above that dominated the market is the Selective Laser Melting (SLM) segment. This technique uses a powerful laser to fuse and selectively melt metal particles layer by layer, providing high resolution and exact control throughout production.

Application Insights:

• Automotive Industry:

Utilizing metal powders in additive manufacturing equipment speeds up development cycles by prototyping new designs and components. It can also be used to manufacture intricate and lightweight parts to reduce weight and increase fuel economy, as well as customize parts for high-performance cars—for example, making strong and light racing car parts.

• Aerospace Industry:

In the aerospace sector, mission-critical components for airplanes, satellites, and spacecraft that demand high strength, lightweight design, and compatibility with complex materials like titanium and super alloys are manufactured using additive manufacturing equipment using metal powders.

• Healthcare & Dental Industry

Additive Manufacturing Equipment with Metal Powders is utilized in the Healthcare and dental Industry to create patient-specific cranial implants for reconstructive surgery and personalized orthopedic implants, such as hip and knee replacements. Additive manufacturing is also used in dentistry to create dental crowns, bridges, and dentures that are better aesthetics and a perfect fit.

• Academic Institutions:

Academic institutions are increasingly using metal powder additive manufacturing technology for a range of teaching and research applications. This entails creating fresh materials and methods for metal additive manufacturing, investigating cutting-edge technology uses across many sectors, and educating the upcoming generation of scientists and engineers in this quickly advancing discipline.

Among the segments mentioned above, the one that dominated the market is the Automotive Industry, which utilizes metal powder additive manufacturing extensively for tooling, prototyping, and the creation of lightweight components—all of which increase fuel efficiency and performance.

 Additive Manufacturing Equipment with Metal Powders Market Regional Insights

• North America market is estimated to witness a significantly high revenue share over the forecast period, because of the region's expanding research and sophisticated manufacturing infrastructure.
• Asia Pacific market is estimated to witness largest revenue share because of the favourable government policies and investments, a robust manufacturing base, and the need for metal additive manufacturing equipment for a range of industrial applications.
• Europe market finds lucrative opportunities because of the focus on metal additive manufacturing development, with academic institutions and commercial enterprises actively trying to advance the technology.
• Latin America market is growing gradually as a result of the technological advancements and infrastructure development in the region.
• The Middle East and Africa market is an emerging market due to growing demand for additive manufacturing equipment and the adoption of new technologies in the region.

Additive Manufacturing Equipment with Metal Powders Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Additive Manufacturing Equipment with Metal Powders Market report based on Type, Application and region:

Additive Manufacturing Equipment with Metal Powders Market, By Type:

• Selective Laser Melting (SLM)
• Electronic Beam Melting (EBM)

Additive Manufacturing Equipment with Metal Powders Market, By Application:

• Automotive Industry
• Aerospace Industry
• Healthcare & Dental Industry
• Academic Institutions

Additive Manufacturing Equipment with Metal Powders Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

• EOS GmbH
• Ci-Esse srl.
• SLM Solutions
• 3D Systems, Inc.
• Arcam AB
• DMG MORI
• Renishaw
• ExOne
• Wuhan Binhu
• Bright Laser Technologies, Inc.

• In November 2023, VOLKMANN and EOS launched a scalable closed-loop metal powder management solution for EOS M 290, EOS M 400, and EOS M 300 additive manufacturing (AM) equipment customers. The handling and processing of metal AM materials can now be controlled using a comprehensive powder handling strategy that is available directly from EOS. This approach covers pre- and post-processing, from initial powder preparation to a closed, fully automatic powder circuit.
• In September 2021, 3D Systems introduced CuNi30, a corrosion-resistant copper-nickel alloy designed with their DMP Flex 350 metal 3D printer. CuNi30 was developed with the help of the firm's strong domain experience, enabling Newport News Shipbuilding to replace its conventional casting processes with additive manufacturing. With a projected 75% decrease in lead times and lower inventory costs, the two hope this will increase supply chain efficiency.

• EOS GmbH
• Ci-Esse srl.
• SLM Solutions
• 3D Systems, Inc.
• Arcam AB
• DMG MORI
• Renishaw
• ExOne
• Wuhan Binhu
• Bright Laser Technologies, Inc.