Published On: November 2022
With the exponential growth of the 3D printing industry, it is essential to look at why metal 3D printing has been proliferating recently and what we can expect from the 3D printing metals market in the future as more industrial applications emerge. Metal 3-D printing is an additive manufacturing process that uses lasers or electron beams to create a three-dimensional object. The demand for metal 3D printing services is rising because of increasing customer awareness about its high level of precision and durability.
Metal 3D printing has expanded significantly in recent years because of the rapid development of technology. Numerous creative entrepreneurs and vendors have suggested new, more accessible metal 3D printing technologies and a growing number of compatible materials. In contrast to conventional production methods, metal 3D printing enables the fabrication of complicated metal parts for a relatively low cost, making it popular across various industries, including the aerospace, automotive, and medical sectors.
Metal 3D printers have undergone a lot of recent advances. The procedure is more effective than ever, thanks to hybrid systems, metal deposition, recovery materials, and cutting-edge developments.
The usage of 3D printing technology, particularly in supply chains, is expanding as the industry moves beyond a prototype. The most cutting-edge 3D printing technology in the world for the mass fabrication of production-grade metal parts, metal Jet technology was introduced by HP in 2018.
Reasons for the Growth of the Market
There are several reasons for the increase in demand for 3D metal printing.
The automotive industry will become a significant user of 3D printing metal. Metal additive manufacturing is the most used technology for metal 3D printing and is the most used technology in the automotive industry.
It is easy to see why metal 3d printing will become more and more critical over time. As 3D metal printing becomes increasingly efficient and affordable, it will continue to be an integral part of the production process in many industries. As cars become more sophisticated, they demand better quality materials that can withstand high temperatures or provide substantial support structures. With 3D metal printing capabilities being so diverse, these demands can easily be met with less energy usage than traditional methods such as casting or molding would require.
The aerospace industry has been a driver of 3D metal printing companies, with many manufacturers and research institutes looking for ways to produce lighter and more durable aircraft parts. Airbus is one company that has used 3D metal printing benefits extensively in the production of its aircraft.
For example, it printed an entire titanium wing for its A350 XWB airliner. This allowed them to make 100 major components instead of just five or six, which would have required significant welding and riveting. General Electric also has successfully 3D-printed fuel nozzles for their new GEnx engine. Other companies such as Toyota, Volvo, and Volkswagen also work on incorporating additive manufacturing into their business models.
3D metal printing has been used in the medical industry for over two decades. It is used in various medical fields, including orthopedics and dentistry. It can also be used for surgical planning and training surgeons. This medical use will only grow as 3D printers become more widely available and affordable.
Advantages and Restrictions
Metal 3D printing techniques can be utilized to create intricate, custom items with geometries that are impossible for conventional manufacturing procedures to generate. It is possible to topologically optimize metal 3D printed parts to increase their performance while reducing their weight and the overall number of components in an assembly. Excellent physical characteristics and materials that are otherwise challenging to treat, like super metal alloys, are features of metal 3D-printed parts.
These technologies are not appropriate for items easily created using conventional techniques due to the high material and manufacturing costs associated with 3D printing metal. The build volume of metal 3D printing systems is constrained due to the need for precise manufacturing conditions and process control. The global 3D printing metals market is expected to register a CAGR of 29% to reach a value of USD 6 billion by 2030