Crozet, Virginia: According to a new report from SmarTech Analysis, Metal Additive Manufacturing in China and the APAC Region, revenues from metal printing in the China/APAC region will reach $1.7 billion by 2025 going on to reach $2.9 billion by 2029. By 2025, SmarTech expects there to be over 10 million metals printers installed throughout the China/APAC region. China is becoming a force to be reckoned with, both as a user of additive manufacturing (AM) for metal parts and as a producer of the metal AM machines themselves. At the same time other nations in the Asia-Pacific region are playing prominent roles in the development of metal printing. Firms in Japan, Korea, Taiwan and Singapore have become important in metal printing.
About the report
The objective of this report is primarily to quantify shipments and revenues of 3D metal printers and related materials in the major areas of the China/APAC region. It is based on SmarTech’s extensive additive industry database, which provides rolling ten-year forecast along every dimension of the additive manufacturing market.
In this report on China/APAC SmarTech provides ten-year forecasts and detailed breakouts of machines/hardware and materials by type/process. End-user sectors forecast include Aerospace, Automotive, Medical, General Industry and Tooling, Oil & Gas, and Energy Industry. We also include projections of PBF, DED and BMP hardware. The metals discussed in this report comprise Titanium, Steels, Nickel Alloys, Aluminum, Cobalt Chrome, and Refractory Metals. The report focuses on China, Singapore, Taiwan, Japan and Korea.
From the report:
- China is still heavily reliant on metal machines from overseas companies.Farsoon offers laser sintering machines and Bright Laser makes SLM machines, but most of the tier one European and US metal AM firms are actively selling their machines in China. In total SmarTech expects the Chinese-speaking region to buy about $617.5 in metal printers in 2025
- The Chinese aerospace industry represents a major opportunity for metal AM. The Chinese aerospace industry is slated to become the largest in the world within a few years and is already using metal printing. Bright Laser has supplied AM equipment to make titanium parts for the Comac C919, for example. SmarTech also sees a growing role for additive manufacturing in the aerospace Maintenance, Repair and Overhaul providers (MROs) sector. MROs play an essential role in keeping the world’s airline fleets in good shape and are expected to grow throughout the China/APAC region because of the low labor costs in the region, which helps sell MRO services to airlines from other regions.
- Japan has a special role as a metal printer supplier. In 2025, SmarTech expects sales of metal printers in the non-Chinese part of APAC to reach $558 million. However, in many countries of APAC, activity in the commercial AM/3D printing sector is confined to 3D printing services and sales of machines by distributors. The big exception is Japan where there are world class metals machine companies, such as Matsuura, who have leveraged their expertise in machine tools to successfully penetrate the metal printing market worldwide
- Distinct pattern of process deployment in the region. There are differences in the AM processes used in the China/APAC region compared to other regions. For example, in China, there is a lot more sand-based PBF to make casting molds and cores. In Japan there is considerable use of hybrid PBF with integrated milling technology. This technology is used to make injection molding tools. Such differences, SmarTech believes, play a significant role in shaping the metal AM opportunities in the region