According to the research report titled ‘Additive Manufacturing with Metal Powders Market Size By Manufacturing Technique Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, Japan, India, South Korea, Australia, Taiwan, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2030’, available with MarketStudyReport, global additive manufacturing with metal powders market is projected to expand at a strong y-o-y growth rate over the forecast timeframe.
 

As per the findings of the report, broad applicability of the product in industries such as oil & gas, aerospace, automotive, and medical will primarily drive global additive manufacturing with metal powders market over the projection period.
 

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Based on manufacturing technique, the market is split into blown powder and powder bed. Under the powder bed segment, direct metal laser sintering sub-segment is likely to witness sustained demand as it is widely employed in metal fabrication technology.
 

Meanwhile, selective laser melting segment, worth more than USD 22.70 million in 2020, is expected to develop rapidly in the next nine years. While electron beam melting sector is expected to develop at a CAGR of more than 11.5%.
 

Under the blown powder segment, direct metal deposition sub-segment will see rapid advancement due to its wide usage across in aerospace sector for repairing complex and expensive part. Whereas, LENS sub-segment is predicted to grow at a robust rate of 20% during the study timespan.
 

Based on application, additive manufacturing with metal powders industry from oil and gas industry is expected to witness a strong demand as the technique allows for design flexibility along with a wide range of application in the production of sophisticated parts for oil & gas machinery.
 

Under energy application segment, nuclear energy will see significant demand due to the product's ability to make highly complex parts. Similarly, since the product aids in the construction of turbines in the wind energy business, the renewable sub-segment will witness considerable expansion.
 

From a regional perspective, LATAM industry was valued at over USD 8.660 million in 2020 and is anticipated to widen substantially over the coming years. Meanwhile, MEA is expected to grow rapidly at a CAGR of 17.3% throughout the analysis timeframe.
 

Considering the competitive landscape, Advanced Powder & Coatings, Inc., 3D Systems Corporation, Aubert & Duval S.A, Airbus SE, AS America, Inc., Arcam AB, and APWorks GmbH are among the major companies influencing global additive manufacturing with metal powders market trends.