South Korea 3d Printing Metal Market Size & Outlook
South Korea 3d printing metal market, 2018-2030 (US$M)
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South Korea 3d printing metal market highlights
- The South Korea 3d printing metal market generated a revenue of USD 28.1 million in 2023 and is expected to reach USD 85.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.2% from 2024 to 2030.
- In terms of segment, other products was the largest revenue generating product in 2023.
- Steel 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 28.1 million |
| Market revenue in 2030 | USD 85.6 million |
| Growth rate | 17.2% (CAGR from 2023 to 2030) |
| Largest segment | Other products |
| Fastest growing segment | Steel |
| 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, South Korea accounted for 3.3% 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 46.3 million by 2030.
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3D Printing Metal Market Scope
3D Printing Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 30.96% in 2023. Horizon Databook has segmented the South Korea 3d printing metal market based on titanium, nickel, steel, aluminum, other products covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has experienced a significant rise in the adoption and integration of 3D printing technology. The government's Manufacturing Innovation 3.0 strategy has placed additive manufacturing (AM) at the forefront, driving the country's involvement in AM since the post-2010s.
This initiative aims to modernize manufacturing and foster smart factories, leading to the integration of 3D printing technology. The growth of 3D printing in South Korea is evident through the presence of approximately 400 active AM companies across various industries, including medical, aerospace, defense, automotive, and more.
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Target buyers of South Korea 3d printing metal market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea 3d printing metal market , including forecasts for subscribers. This country databook contains high-level insights into South Korea 3d printing metal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea 3d printing metal market size, by product, 2018-2030 (US$M)
South Korea 3D Printing Metal Market Outlook Share, 2023 & 2030 (US$M)
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