Aerospace 3D Printing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030, Segmented By Application (Aircraft, Unmanned Aerial Vehicles & Spacecraft), By Material (Alloys & Special Metals) By Printer Technology (SLA, FDM, DMLS, SLS, CLIP & Others), By Region
Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAerospace 3D Printing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030, Segmented By Application (Aircraft, Unmanned Aerial Vehicles & Spacecraft), By Material (Alloys & Special Metals) By Printer Technology (SLA, FDM, DMLS, SLS, CLIP & Others), By Region
Global Aerospace 3
The global demand for 3D printed components is on rise because of reduced weight since the geometry-oriented structures and lattice structures can be employed in the space industry to reduce weight, there is a decreased environmental effect and increased return on investment. For instance, one pound of weight can cost up to $10,000 to launch into orbit, thus, even a little weight reduction could result in significant cost savings.
Due to the broad range of applications of the 3D printed components in the military, public, and private sectors,
The increase in research and developments activities for more enhanced and customized 3D printed components for the aerospace industry has brought new investments and partnerships, merges, and acquisition within the industry. All the developments in the industry are to enhance the additive manufacturing process and develop better product development capabilities for the aerospace industry. The companies involved in the additive manufacturing of the space sectors are raising millions in a seed fundraising round because of growing awareness of the commercial applications of 3D printing technology and the attractiveness of investment within the space sector such as Indian startup Skyroot Aerospace, to fund the creation of its 3D printed cryogenic engine-powered rockets, has raised USD 51 million.
Rising Demand of 3D Printed Components in
The design and manufacturing of new aircraft is focused on weight reduction, which has given rise to the development of new materials and manufacturing processes. The aerospace industry is among the early adopters of 3D printing, and large-scale research is underway to increase the use of 3D-printed parts and components in newer aircraft. Like for the tooling and prototype of commercial aero plane parts, Airbus has started adopting additive manufacturing. The industry is also witnessing the adoption of additive manufacturing in the in the engine aftermarket and in many new generation aircraft. 3D-printed components are also being adopted for aftermarket parts so the aftermarket demand is also expected to rise during the forecast period and the technological advancements in the industry are expected to generate new opportunities for the global Aerospace 3D Printing Market during the forecast period.
Cost Effective Manufacturing Process
The design and implementation of components have become quicker, less expensive, and simpler due to 3D printing technology. Additionally, it has made possible to combine every component into a single structure, and this has eliminated the need of exterior joints, adhesives, and fasteners. Due to the removal of unnecessary components, the manufacturing process does not incur additional expenditures and the overall component becomes cost effective. The demand for 3D printed engine components is also expected to rise in the forecast period because the 3D printing process basically adds material while printing products instead or removing material from any component like machined parts, so all these factors are increasing the demand of 3D printed components in the aerospace industry.
Technological Challenges
The potential for widespread use of the method is constrained by 3D printing's inability to generate pieces from different materials. There are just a few polymers and metal powders that can be used with current 3D printing technologies. However, the expense of these reduces in the process of additive manufacturing in production compared to the materials used in conventional manufacturing procedures for aero plane parts. Many players are concentrating on choosing materials that are economical, which helps to reduce overall expenditures.
Market Segmentation
The global Aerospace 3D Printing Market is segmented on the basis of application, material, printer technology, and region. Based on application type, the market is segmented into aircraft, unmanned aerial vehicles, & spacecraft. Based on material, the market is segmented into alloys & special metals, and others. Based on printer technology, the market is split into SLA, FDM, DMLS, SLS, CLIP & Others.
Company Profiles
Aerojet Rocketdyne Holdings Inc, MTU Aero Engines AG, GE Aviation, Stratasys, Ltd., The Exone Company, Materialise NV, 3D Systems, Inc, Höganäs AB, Envisiontec GmbH, and EOS GmbH are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
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Attribute |
Details |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2022 |
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Estimated Year |
2023 |
|
Forecast Period |
2024 – 2030 |
|
Quantitative Units |
Revenue in USD Billion, Volume in Thousand Units, and CAGR for
2018-2022 and 2023-2030 |
|
Report Coverage |
Revenue forecast, volume forecast, company share, competitive landscape,
growth factors, and trends |
|
Segments Covered |
·
By By
Application ·
By Material ·
By Printer
Technology ·
By Region |
|
Regional Scope |
North America, Europe & CIS, Asia-Pacific, South America, Middle
East & Africa |
|
Country Scope |
United States, Canada, Mexico, United Kingdom,
Germany, France, Italy, Spain, Russia, Poland, Netherland, Norway, China,
Japan, South Korea, India, Malaysia, Indonesia, Thailand, South Africa, Saudi
Arabia, United Arab Emirates, Brazil,
Argentina. |
|
Key Companies Profiled |
Aerojet
Rocketdyne Holdings Inc, MTU Aero Engines AG, GE Aviation, Stratasys, Ltd.,
The Exone Company, Materialise NV, 3D Systems, Inc, Höganäs AB, Envisiontec
GmbH, and EOS GmbH. |
|
Customization Scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request) |
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