Canada 3d Printing Metal Market Size & Outlook, 2023-2030
Canada 3d printing metal market, 2018-2030 (US$M)
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Canada 3d printing metal market highlights
- The Canada 3d printing metal market generated a revenue of USD 18.4 million in 2023 and is expected to reach USD 54.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.8% from 2024 to 2030.
- In terms of segment, titanium was the largest revenue generating product in 2023.
- Titanium is the most lucrative product segment registering the fastest growth during the forecast period.
3d printing metal market data book summary
| Market revenue in 2023 | USD 18.4 million |
| Market revenue in 2030 | USD 54.8 million |
| Growth rate | 16.8% (CAGR from 2023 to 2030) |
| Largest segment | Titanium |
| Fastest growing segment | Titanium |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium, Nickel, Steel, Aluminum, Other Products |
| Key market players worldwide | ExOne, Carpenter Technology Corp, Renishaw PLC, Materialise NV ADR, 3D Systems Corp, Voxeljet AG ADR, Sandvik AB, Hoganas, Melrose Industries PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 2.2% of the global 3d printing metal market in 2023.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. 3d printing metal market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 695.6 million by 2030.
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3D Printing Metal Market Scope
3D Printing Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 3d printing metal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d printing metal market will help companies and investors design strategic landscapes.
Titanium was the largest segment with a revenue share of 57.61% in 2023. Horizon Databook has segmented the Canada 3d printing metal market based on titanium, nickel, steel, aluminum, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian metal fabrication market benefits from significant internal activity and has a substantial reliance on exporting. This indicates a strong demand for metal products, including those produced through additive manufacturing and 3D printing technologies.
Industries such as automotive, transportation, and biotechnology have witnessed increasing usage of 3D printing, including the use of metal powders. The aerospace industry, in particular, is expected to display many benefits from 3D printing metal technology, such as producing hollow components and comparatively thinner walls.
For instance, in May 2024, Pyro Genesis Canada Inc., a high-tech company based in Montreal, Quebec, has recently signed an initial contract with an aerospace company in Spain for the supply of titanium metal powder for use in additive manufacturing.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada 3d printing metal market , including forecasts for subscribers. This country databook contains high-level insights into Canada 3d printing metal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada 3d printing metal market size, by product, 2018-2030 (US$M)
Canada 3D Printing Metal Market Outlook Share, 2023 & 2030 (US$M)
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