SmarTech reports stalled growth in its sixth AM with Metal Powders report
August 29, 2020
SmarTech Analysis, a market research and industry analysis firm based in Crozet, Virginia, USA, has published the sixth edition of its ‘Additive Manufacturing with Metal Powders’ report.
The 2020 report analyses the current challenges and opportunities facing metal Additive Manufacturing stakeholders in light of both heightened implementation and adoption challenges of the past year, and the ongoing coronavirus (COVID-19) downturn.
The analysis anticipates that a contraction in hardware investments may be at least partially offset by slight single-digit growth in opportunities for materials and production services fueled by newfound interest in the technologies during the second half of the year.
The latest forecasts in the report expect the metal AM market to “squeeze out” some single-digit revenue growth after aweak 2019, dependent on the execution of new market strategies to capitalise on the building wave of interest in supply chain innovation in the post-coronavirus world.
The report is available to purchase via the company’s website.