In the past few years, additive manufacturing with metal powders industry has gained rapid traction in the metal manufacturing sector, prominently in those regions where conventional manufacturing encounters limitations related to manufacturing capability and design methodology.
Additive manufacturing, also known as 3D printing, has been gaining significant popularity across the globe on account of its excellent design flexibility and improved production capability. Considering the fact that the additive manufacturing process can be used to develop critically complex parts, it has been implemented in the medical sector to manufacture implants. For instance, recently, the U.S. Food and Drug Administration (FDA) approved spinal implants made of titanium alloys with 3D printing technology. The approval for 3D printed medical implants from regulatory bodies is thus likely to have a considerable impact on additive manufacturing with metal powders industry outlook. In addition, several giants in additive manufacturing with metal powders market are investing heavily in new product development and strategic collaborations to enhance the methodology portfolio in 3D printing processes.
In this current era driven by automation and digitalization, the development of advanced manufacturing processes has left a profound imprint on additive manufacturing with metal powders industry trends. In fact, many metal manufacturing and automation companies are constantly focusing on the enhancement of metal additive manufacturing technologies with regard to mass customization, on-demand production, and digitalization – right from idea generation to prototype manufacturing. The increasing adoption of innovative technologies across the metal manufacturing sector is also slated to have a profound influence on additive manufacturing with metal powders market share.
This article appeared in the July/Aug issue of Metal Powder Report.
