December 07, 2021
According to the research report titled ‘North America Additive Manufacturing with Metal Powders Market Size, Share and Industry Analysis Report, By Manufacturing Technique, By Material, By Application (Aerospace, Automotive, Medical, Oil & Gas, Energy [Nuclear, Renewable]) Regional Outlook, Application Potential, Competitive Market 2021- 2030’, available with MarketStudyReport, North American additive manufacturing with metal powders market is anticipated to witness massive revenue inflow during 2021-2030.
The expansion of North American additive manufacturing with metal powders market is attributed to rising technological advancements in medicine sector, replacement of conventional technology in oil & gas exploration & production activities, and enhanced application scope in automotive as well as aerospace sectors.
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On the downside, prevailing limitations with respect to technology, along with intellectual property issues are restraining the market growth.
In terms of manufacturing technique, the electron beam melting (EBM) segment is predicted to amass a valuation of USD 3.20 million by 2030.
With respect to material, the cobalt alloy segment is expected to accrue USD 3.4 million by 2030. Also, Ti6Al4V titanium segment is reckoned to register 25% CAGR throughout the analysis timeframe.
On the basis of application spectrum, the oil & gas segment is speculated to gather a valuation of USD 40 million by end of forecast period. While the renewable energy application is poised to push the market growth with 14% CAGR through 2030.
The key players in North American additive manufacturing with metal powders market are Turbomeca Engine Corporation, NanoSteel Company, Inc., Hoeganaes Corporation, GE Additive, Fonon Corp., Fabrisonic LLC, ExOne Company, Equispheres, Inc., EOS GmbH, DanaMed, Inc., Cerevo, Inc., Carpenter Technologies Corp., AS America, Inc., Allegheny Technologies Incorporated, Airbus SE, Aerojet Rocketdyne, Aubert & Duval S.A., Advanced Powder & Coatings, Inc., and 3D Systems Corporation.