Middle East & Africa 3D Printing Metal Market Size & Outlook
The 3d printing metal market in Middle East & Africa is expected to reach a projected revenue of US$ 86.5 million by 2030. A compound annual growth rate of 16.6% is expected of Middle East & Africa 3d printing metal market from 2024 to 2030.
The MEA 3d printing metal market generated a revenue of USD 29.5 million in 2023.
The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
In terms of segment, stainless steel was the largest revenue generating product in 2023.
Stainless Steel is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
Market revenue in 2023
USD 29.5 million
Market revenue in 2030
USD 86.5 million
Growth rate
16.6% (CAGR from 2024 to 2030)
Largest segment
Stainless steel
Fastest growing segment
Stainless Steel
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
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, MEA region accounted for 3.5% of the global 3d printing metal market in 2023.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
Europe is the fastest growing regional market and is projected to reach USD 1,238.0 million by 2030.
Increasing private and public investments in metal additive manufacturing companies are projected to create a positive impact on the demand for metal powder required for the production.
For instance, Industrial Development Corporation of South Africa invested nearly USD 1.2 million in metal additive manufacturing start-ups. This investment is a part of the country’s strategy to gain a competitive edge in metal additive manufacturing and support industries such as medical, energy, and oil & gas.
Another South African company Aeroswift is also exploring the possibilities in titanium additive manufacturing machines for aerospace & defense sector. Aeroswift is also backed by the government of South Africa.
Middle East & Africa 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 Outlook will help companies and investors design strategic landscapes.
Stainless Steel was the largest segment with a revenue share of 34.92% in 2023.
Horizon Databook has segmented the Middle East & Africa 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.
Increasing private and public investments in metal additive manufacturing companies are projected to create a positive impact on the demand for metal powder required for the production.
For instance, Industrial Development Corporation of South Africa invested nearly USD 1.2 million in metal additive manufacturing start-ups. This investment is a part of the country’s strategy to gain a competitive edge in metal additive manufacturing and support industries such as medical, energy, and oil & gas.
Another South African company Aeroswift is also exploring the possibilities in titanium additive manufacturing machines for aerospace & defense sector. Aeroswift is also backed by the government of South Africa.
Middle East & Africa 3D Printing Metal Market Product Outlook (Revenue, USD Million , 2018-2030)
Titanium
Nickel
Stainless Steel
Aluminum
Other Products
Middle East & Africa 3D Printing Metal Market Process Outlook (Revenue, USD Million , 2018-2030)
Powder
Filament
Middle East & Africa 3D Printing Metal Market Application Outlook (Revenue, USD Million , 2018-2030)
Aerospace & Defense
Automotive
Medical & Dental
Other Applications
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa 3D Printing Metal Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 3D Printing Metal Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
MEA 3d printing metal market statistics, by product, 2018-2030 (US$M)