LENS is an advanced additive manufacturing technology based on the idea of discrete stacking and forming. LENS 3D manufacturing systems use lasers to build objects layer by layer directly from powdered metals, alloys, ceramics or composites. The LENS process must take place in a hermetically-sealed chamber which is filled with argon so that the oxygen and moisture levels stay very low. This keeps the part clean and prevents oxidation. The metal powder material is directly delivered to the material deposition head. Once a single layer has been deposited, the material deposition head moves on to the next layer. By building up successive layers, the whole part is constructed. When complete, the component is removed and can be heat-treated, hot isostatic pressed, machined, or finished in any required fashion, specially suitable for complex structures such as curved cavities, suspended thin walls and variable cross-sections.
This report contains market size and forecasts of Laser Engineered Net Shaping (LENS) 3D Printers in global, including the following market information:
Global Laser Engineered Net Shaping (LENS) 3D Printers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Laser Engineered Net Shaping (LENS) 3D Printers Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Laser Engineered Net Shaping (LENS) 3D Printers companies in 2021 (%)
The global Laser Engineered Net Shaping (LENS) 3D Printers market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Three-Axis Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Laser Engineered Net Shaping (LENS) 3D Printers include Optomec, BeAM, Trumpf, FormAlloy, DMG Mori, 3D Systems, GE Additive, EOS and Sisma, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Laser Engineered Net Shaping (LENS) 3D Printers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Laser Engineered Net Shaping (LENS) 3D Printers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Laser Engineered Net Shaping (LENS) 3D Printers Market Segment Percentages, by Type, 2021 (%)
Three-Axis
Five-Axis
Others
Global Laser Engineered Net Shaping (LENS) 3D Printers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Laser Engineered Net Shaping (LENS) 3D Printers Market Segment Percentages, by Application, 2021 (%)
Aerospace Industry
Automotive Industry
Medical
Others
Global Laser Engineered Net Shaping (LENS) 3D Printers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Laser Engineered Net Shaping (LENS) 3D Printers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Laser Engineered Net Shaping (LENS) 3D Printers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Laser Engineered Net Shaping (LENS) 3D Printers revenues share in global market, 2021 (%)
Key companies Laser Engineered Net Shaping (LENS) 3D Printers sales in global market, 2017-2022 (Estimated), (Unit)
Key companies Laser Engineered Net Shaping (LENS) 3D Printers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Optomec
BeAM
Trumpf
FormAlloy
DMG Mori
3D Systems
GE Additive
EOS
Sisma
SLM Solutions
Meltio
InssTek
Relativity
Sciaky
Sharebot
Xact Metal
MHI
Evobeam
Norsk Titanium
WAAM
GEFERTEC
Prodways
ADMATEC
Lincoln Electric
Bright Laser Technologies
LATEC
3DP Technology
YNAMT