3D Printing Metal Market Progressing At A CAGR Of 21.1% From 2022 To 2030
San Francisco, 7 June 2023: The Report 3D Printing Metal Market Size, Share & Trends Analysis Report By Product (Titanium, Nickel), By Form (Filament, Powder), By Application (Aerospace & Defense, Medical & Dental), By Region, And Segment Forecasts, 2023 - 2030 The global 3d printing metal market size is expected to reach USD 3,037.8 billion by 2030, registering a CAGR of 21.1% according to a new report by Grand View Research, Inc. The market growth is attributable to the cost-effectiveness of 3D printed parts, reduced lead times, and the development of complex parts during production. The potential cost savings is the significant factor stimulating the growth of the market in the aerospace & defense end-use sector. For instance, in November 2018, Lockheed Martin, a U.S.-based global aerospace & defense company, announced that due to 3-dimensional printed parts, there was a reduction in the price of its F-35 Full Mission Simulator (FMS) unit and led to the sav