Additive Manufacturing Research (AM Research) has released its latest report, Titanium Powder for Additive Manufacturing in 2024, projecting the market for titanium powders in additive manufacturing (AM) to grow from $214 million in 2023 to $1.4 billion by 2032.

According to the research organisation, the report offers data on market trends, tracking revenues across industries, regions, and printing technologies. 

It also identifies aerospace and medical sectors as key drivers of titanium powder demand, with additional contributions from jewellery and automotive applications.

According to the report, Powder Bed Fusion (PBF) accounts for the largest share of titanium AM applications, with revenues four times higher than those from Directed Energy Deposition (DED) and twelve times larger than Metal Binder Jetting (MBJ). 

The Bound Metal Deposition (BMD) market remains the smallest segment, estimated at half the size of MBJ.

However, the report forecasts MBJ will see notable growth by 2032, potentially closing the gap with DED.

The study highlights several companies active in the titanium AM market, including AP&C, Tekna, Carpenter, Praxair, Sandvik, 6K Additive, and IperionX. 

It also references manufacturing and technology providers such as GE Additive, EOS, Renishaw, Boeing, Safran, and Zimmer Biomet, among others.

The report, structured in two parts, combines market data with written analysis. It covers metrics such as material shipments, revenues by geographic region, and print technology trends. 

Additionally, it explores the role of Titanium Metal Injection Molding (MIM) within the broader titanium AM market.

The full report, including forecasts and industry insights, is available for purchase on the AM Research website. 

A free sample can also be requested.

For more details, visit: Titanium Powder for Additive Manufacturing in 2024.

The post Titanium AM market to expand from $214M in 2023 to $1.4B by 2032, report finds appeared first on Australian Manufacturing.

Additive Manufacturing Research (AM Research) has unveiled its latest market study titled “3D Printing for Semiconductors: Market Opportunity Brief,” shedding light on the burgeoning landscape of additive manufacturing (AM) within the semiconductor industry.

The report delves into specific use cases where AM technologies can optimise and integrate into the semiconductor value chain, addressing challenges such as reduced lead times, parts consolidation, and thermal management, among others.

Furthermore, it examines the broader implications of initiatives like the CHIPs Act and geopolitical trends on AM adoption in the semiconductor industry.

Packaged as a Market Opportunity Brief, this report marks the inception of a new product series from AM Research, aimed at delivering comprehensive analysis with more content.

According to AM Research, the Market Opportunity Brief offers a condensed format (20-30 pages) while providing insights into the state and future trajectory of AM technologies in the semiconductor sector.

Accompanying the brief is an Excel file detailing various AM technologies, including Powder Bed Fusion (PBF), Directed Energy Deposition (DED), Metal Binder Jetting (MBJ), and Bound Metal Deposition (BMD).

Breakouts by material type and geography provide further granularity in understanding market dynamics.

Highlighted companies and organisations encompass a spectrum of industry players, including ASML, 3D Systems, Lam Research, Velo3D, Applied Materials, SIMTech, Fabric8Labs, Intel, Coherent, and Nikon Advanced Manufacturing.

Authored by Matt Kremenetsky, macro analyst for AM Research, the report underscores the growing significance of AM in critical sectors like energy, electronics, and defence.

For more information on the report, visit: 3D Printing for Semiconductors: Market Opportunity Brief.

The post AM Research forecasts growth in additive manufacturing for semiconductor industry appeared first on Australian Manufacturing.

Additive Manufacturing Research (AM Research) has unveiled the market performance for the fourth quarter of 2023, marking a year of challenges for the additive manufacturing (AM) sector.

Despite a resurgence in overall market sentiment, the growth rate for all facets of 3D printing hardware, materials, software, and services stands at an estimated 13.5 per cent, totalling $14.7 billion in 2023 compared to the previous year.

The AM metals segment displayed robust growth, outstripping polymers with a nearly 15 per cent increase, while polymers saw just over 10 per cent growth, the research firm said in a news release.

The AM services market reached $6.7 billion, reflecting growth nearly parallel to the total AM industry. However, fourth-quarter AM hardware revenues experienced a modest increase of less than one per cent compared to the same period in 2022.

Annually, hardware revenues across both metals and polymers recorded a growth of just under six per cent in 2023 versus 2022.

In conjunction with the fourth-quarter 2023 report, AM Research introduced a new quarterly product titled “3DP/AM Market Insights.”

This offering combines written analysis with proprietary charts and data tables to provide comprehensive insights into the AM market, supplementing AM Research’s existing Core Metal and Core Polymer market data products.

Scott Dunham, executive vice president at AM Research, commented on the market’s performance, stating, “An abnormal, up-and-down year for the AM market ended about the same as it began – with shifting trends in system purchasing making a lot of headlines and depressing revenue growth.”

He continued, “Still there exists a real appetite for AM technology that is likely to break loose in the near term, driven by a combination of government spending and maturity in key markets. We expect a return to normal historical growth levels this year. Longer term, AM is still the technology to watch for manufacturing evolution.”

Key industry players included in AMR’s Core Metals and Core Polymers tracking data and 3DP/AM Market Insights report encompass 3D Systems, Stratasys, Markforged, Desktop Metal, Velo3D, Nikon SLM Solutions, EOS, GE Additive, Trumpf, Farsoon, BLT, HBD, Eplus, Optomec, BeAM, HP, Formlabs, Prodways, DWS, and Carbon.

Additive Manufacturing Research’s “Core Metals” and “Core Polymers” market data products feature nearly a decade of historical quarterly data and offer 10-year forward forecasts.

Quarterly reports on the metal and polymer AM markets are available for one-time or subscription purchase via AMR’s website and can be customized as required.

The post Additive manufacturing market hits $14.7 billion in 2023, sees 13% growth – AM Research appeared first on Australian Manufacturing.

Additive Manufacturing Research has recently published a study affirming the optimistic future for prominent additive manufacturing (AM) technologies.

The findings indicate that these technologies are well-positioned to play crucial roles in manufacturing across diverse industries in the coming decade, with anticipated annual print production exceeding $100 billion.

In particular, total global metal additive prototyping growth experienced a slowdown in 2023 compared to the previous year, with a similar trend observed in the production of additive tools.

However, the printing of end-use parts using AM technologies saw an acceleration, AM Research said in a press release.

Despite a slight dip in growth compared to 2022, the printing of metal tools and tooling using AM technologies surged by nearly 41 percent in 2023.

The market for 3D-printed polymer prototypes exhibited a modest five percent growth during the year. Nevertheless, overall polymer parts printing volumes increased, propelled by a rise in end-use parts printed.

According to AM Research, this growth was particularly driven by the adoption of material extrusion and powder bed fusion technologies.

Notably, with the widespread availability of relatively low-cost, professional polymer powder bed fusion printers, AM Research projects that the printing of end-use polymer parts using powder bed fusion will double that of material extrusion processes.

The data-only report features exhaustive data files, with separate sections for Metal 3D printed parts and Polymer 3D printed parts.

These files include historical and projected production volumes, along with resulting market values for AM parts spanning prototypes, tools and tooling, and end-use production parts.

The report covers eight major industries and dozens of part categorisations, ranging from aircraft and helicopter engine components in the aerospace sector to nuclear reactor components in the energy industry.

The data reflects real market activity through Q2 2023, combined with proprietary projections for the coming decade.

The post 3D-printed parts set to surge to $119B by 2032 — AM Research appeared first on Australian Manufacturing.

A recently released report by Additive Manufacturing Research (AMR), titled “3D Printed Electronics 2023: Market Study & Forecast,” has examined global markets for Additively Manufactured Electronics, also known as 3D Electronics Printing (3DEP).

In this industry, AMR projected the 3DEP market size to reach $300 million in 2023, with an impressive growth forecast to $7.9 billion by 2033, indicating a 10-year CAGR of 37 per cent.

According to the report, the 3DEP market is poised for substantial growth in the coming years, driven by advances in printing technology and platform capabilities.

The ongoing development and demonstration of 3D electronics printing applications are expected to fuel this expansion.

The report also delved into the value propositions of 3DEP, explored challenges to market growth, highlighted key players in the 3DEP sector, and provided comprehensive market data and forecasts.

In particular, it highlighted the value propositions associated with 3DEP, which include miniaturisation, allowing for smaller electronic components, design flexibility that enables creative and adaptable designs, reshoring and localisation in response to the growing trend of bringing manufacturing closer to home, and sustainability through reduced waste and energy consumption.

On the other hand, the report identified challenges that could hinder the growth of the 3DEP market. These challenges primarily revolve around the adoption of 3DEP technology across various industries and the ability to scale up production to meet the demands of large-volume manufacturing.

To address these challenges, major industry players are actively expanding their product portfolios and introducing new technologies to cater to the increasing demand from different industry verticals.

As for the industry landscape, it is currently characterised by consolidation, with a limited number of prominent players dominating the market.

This consolidation is expected to persist in the short to medium term. However, the emergence of low-cost 3DEP providers is gradually breaking down barriers for new entrants.

Currently, industrial 3DEP represents 30 per cent of the market share, but this figure is projected to experience substantial growth, reaching 75 per cent by the year 2033.

The report covered various companies and organisations, including but not limited to: Ceradrop, Nano Dimension, NeoTech, Optomec, FujiFilm, Voltera, BotFactory, nScrypt, J.A.M.E.S., NextFlex, ChemCubed, PV Nanocell, Panasonic, Additive Electronics, Nano3DPrint, and Notion Systems.

For more details on the report, visit this website.

The post 3D-printed electronics market to reach $7.9B in 2033, predicts AM Research appeared first on Australian Manufacturing.