According to the research report titled ‘North America Additive Manufacturing with Metal Powders Market Size, Share and Industry Analysis Report, By Manufacturing Technique (Powder Bed {Direct Metal Laser Sintering, Selective Laser Melting, Electron Beam Melting}, Blown Powder {Direct Metal Deposition, Laser Engineering Net Shapes}), By Material (Alloy {Titanium [Ti6Al4V, Ti6Al4V (ELI)], Cobalt [CoCr, CoCrWC, CoCrMo], Copper [C18150, CuCr1Zr, CuNi2SiCr], Nickel [Inconel 625, Inconel 718, Hastelloy X], Aluminum [ALSi12, ALSi7Mg, ALSi10Mg, AL6061], Aluminum Nitride, Aluminum Oxide, Magnesium, Molybdenum, Zirconium, Zirconium Dioxide, Silicon Carbide, Tungsten, Tungsten Carbide, Stainless Steel {Austenitic Steel, Martensitic Steel, Duplex Steel, Ferritic Steel}, Other Steel {High Speed Steel, Tool Steel, Low Alloy Steel}, Precious Metal, By Application (Aerospace, Automotive, Medical, Oil & Gas, Energy [Nuclear, Renewable]) Regional Outlook, Application Potential, Competitive Market 2021- 2030’, available with MarketStudyReport, North America additive manufacturing with metal powders market is estimated to amass significant gains over the forecast period 2021-2030.
 

Growing demand for 3D printing across various end-use sectors and increasing strategic initiatives by leading players are the primary factors impelling North America additive manufacturing with metal powders market growth. Moreover, technological advancements in the medical sector, expanding application scope in aerospace and automotive sectors, and adoption of latest technologies in oil & gas exploration and manufacturing activities are also driving the industry expansion.

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Despite the positive outlook, issues with innovation & sustainability, intellectual property concerns, and technological limitations of the product are likely to stymie market growth in the upcoming years.

In terms of manufacturing technique, the electron beam melting (EBM) sector is poised to deliver a substantial CAGR over the analysis timeframe, reaching a valuation of USD 3.2 million by 2030.

With respect to material type fragmentation of North America additive manufacturing with metal powders industry, Ti6Al4V (ELI) titanium alloy segment is slated to register a y-o-y growth of 25% over the forecast period, while the cobalt alloy segment is expected to be worth USD 3.4 million by 2030.

Moving on to application scope, the energy segment is touted to garner a CAGR of 13.5% over 2021-2027, while the oil & gas sector is estimated to amass a valuation of USD 40 million by the end of the stipulated timeframe.

Prominent players in North America additive manufacturing with metal powders marketplace include Safran, Nano-Steel-Co. Inc., Hoeganaes Corp., General Electric Company, Fonon Corp., Fabrisonic LLC, ExOne Co., Equispheres Inc., EOS (Electro Optical Systems) GmbH, DanaMed Inc., Cerevo, Carpenter Technologies Corp., BeAM Machines, AS America Inc., Allegheny Technologies Inc., Airbus SE, and Aerojet Rocketdyne among others.