India 3d Printing Metal Market Size & Outlook, 2023-2030
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India 3d printing metal market highlights
- The India 3d printing metal market generated a revenue of USD 11.4 million in 2023 and is expected to reach USD 46.7 million by 2030.
- The India market is expected to grow at a CAGR of 22.3% from 2024 to 2030.
- In terms of segment, other products was the largest revenue generating product in 2023.
- Aluminum 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 11.4 million |
| Market revenue in 2030 | USD 46.7 million |
| Growth rate | 22.3% (CAGR from 2024 to 2030) |
| Largest segment | Other products |
| Fastest growing segment | Aluminum |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium, Nickel, Stainless 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, India accounted for 1.3% 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 Asia Pacific, China 3d printing metal market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 46.7 million by 2030.
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3D Printing Metal Market Scope
3D Printing Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Melrose Industries PLC | View profile | 17234 | 5 Stratton Street, Stratton House, London, United Kingdom, W1J 8LA | https://www.melroseplc.net |
| Hoganas | View profile | 1001-5000 | Höganäs, Skane Lan, Sweden, Europe | https://www.hoganas.com |
| ExOne | View profile | 251-500 | Huntingdon, Pennsylvania, United States, North America | http://exone.com |
| Voxeljet AG ADR | View profile | 253 | Paul-Lenz Strasse 1a, Friedberg, Germany, 86316 | https://www.voxeljet.de |
| Materialise NV ADR | View profile | 2437 | Technologielaan 15, Leuven, Belgium, 3001 | https://www.materialise.com |
| Carpenter Technology Corp | View profile | 4500 | 1735 Market Street, 15th Floor, Philadelphia, PA, United States, 19103 | https://www.carpentertechnology.com |
| Renishaw PLC | View profile | 5175 | New Mills, Wotton-under-Edge, Gloucestershire, United Kingdom, GL12 8JR | https://www.renishaw.com |
| 3D Systems Corp | View profile | 2032 | 333 Three D Systems Circle, Rock Hill, SC, United States, 29730 | https://www.3dsystems.com |
| Sandvik AB | View profile | 40614 | Kungsbron 1, Section G, Floor 6, Stockholm, Sweden, 111 22 | https://www.sandvik.com |
India 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.
Other products was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the India 3d printing metal market based on titanium, nickel, stainless steel, aluminum, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian aerospace & defense, automotive sectors are currently at the forefront that are making use of the metal additive manufacturing technology for developing prototypes as well as to carry out scientific investigations in the respective industries.
Indian market is likely to witness significant growth given the rapid penetration of advanced technologies in the India’s manufacturing sector. Maruti and Tata Motors are currently making use of metal additive manufacturing technology to develop prototypes for their automobiles.
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Our clientele includes a mix of 3d printing metal market companies, investment firms, advisory firms & academic institutions.
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India 3d printing metal market , including forecasts for subscribers. This country databook contains high-level insights into India 3d printing metal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India 3d printing metal market size, by product, 2018-2030 (US$M)
India 3D Printing Metal Market Outlook Share, 2023 & 2030 (US$M)
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