CROZET, Va., May 09, 2019 (GLOBE NEWSWIRE) -- According to a newly issued report from SmarTech Analysis, the ‘real’ metal desktop printers can be better described as “Compact Industrial” metal printers. With a more accessible price-point, shorter learning curve, and compact footprint, while still offering industrial-level quality, this class of metal printers addresses a significant hole in the marketplace and creates a lower-level entry point for new industrial users of metal 3D printing technology. Still in its infancy, this sub-segment of metal additive manufacturing hardware is poised to generate nearly $112M in revenue in 2019 and reach over $1.05B by 2027.

The new SmarTech Analysis report is titled “Compact Industrial Metal AM Printer Market Opportunities 2019”. Details about the report are available at: https://www.smartechanalysis.com/reports/compact-industrial-metal-am-printers-market-opportunities-2019/ including a description, TOC, and sample excerpt.

About the report:

This SmarTech Analysis report identifies and quantifies the applications, opportunities and notable manufacturers of Compact Industrial metal printers within the 3D Printing / Additive Manufacturing industry. 

The ten-year forecasts contained in this report break out the expected revenues, installations and marketshare for Compact Industrial metal printers in the AM sector by market, technology, and manufacturer. The companies discussed include Markforged, Desktop Metal, Xact Metal, and Coherent, among others.

From the report:

When looking closer at Compact Industrial metal printers, the growth of metal AM as a whole will be aided directly and indirectly by the introduction and refinement of this growing class of metal 3D printers. Not only does the introduction of these new technologies give accessibility to a new group of customers, but they will greatly aid the education and further development of 3D
printing as a manufacturing tool across industries and applications. These Compact Industrial metal printing solutions give accessibility to an entirely new segment of the market. With a total system cost of <$200,000, and minimal set-up requirements, industrial customers now have an increasing number of options to aid in their exploration of metal additive manufacturing.

The most recognizable technologies in this market are the material extrusion technologies, specifically by Desktop Metal and Markforged, which are poised to grow dramatically. By borrowing heavily from materials science established within metal injection molding (MIM), bound metal deposition techniques are experiencing a much higher adoption rate than earlier AM technologies. It is within this subsegment that we are currently seeing a lot of growth for the Compact Industrial metal printing market.

On the other hand, integration of directed energy deposition technologies with subtractive CNC machining tools has grown significantly in the last couple years and helped to establish a stronger link between the additive and subtractive digital manufacturing processes. Furthermore, continued improvements within powder bed fusion technologies are being implemented in two ways, that are ultimately opposite of one another: improved productivity and increased accessibility, with the latter driving Compact Industrial metal printing market growth.

The most notable contributors to the Compact Industrial metal printing market have been, and still are, Markforged and Desktop Metal. And, until recently, Aurora Labs and OR Laser were the only other notable Compact Industrial metal printer manufacturers that had shipped units, taking orders as early as 2016. Pollen AM and Additec are expected to ship units this year, and Xact Metal started shipping the 200C at the end of 2018 and expects to begin shipping the 200S mid-2019.

About SmarTech Analysis:

Since 2013 SmarTech Analysis has published reports on all the important revenue opportunities in the 3D printing/additive manufacturing sector and is considered the leading industry analyst firm providing coverage of this sector. Our company has a client roster that includes the largest 3D printer firms, materials firms and investors in the 3DP/AM sector.

For more details on our company go to www.smartechanalysis.com

Contact:
Robert Nolan
SmarTech Analysis
(804) 938-0030
rob@smartechpublishing.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a462f4cf-791a-413b-a1dc-99f4c973993c