Military 3D Printing Market By Component (Printer, Material), Platform (Airborne, Naval), Application (Prototyping, Production) & Region for 2024-2031

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Military 3D Printing Market By Component (Printer, Material), Platform (Airborne, Naval), Application (Prototyping, Production) & Region for 2024-2031

Military 3D Printing Market Valuation-2024-2031

The military 3D printing market is growing rapidly, with analysts expecting significant expansion in the coming years. Several reasons contribute to this rise. Militaries globally are increasingly looking for lightweight components for their vehicles and aircraft. 3D printing enables the development of complex, unique parts that are both powerful and lightweight, hence improving performance and efficiency. The market size surpasses 979.53 USD Million valued in 2023 to reach a valuation of around USD 2735.9 USD Million by 2031.

Additionally, governments are investing in the study and development of 3D printing technology for military uses. This includes looking into the idea of battlefield printing, which would allow soldiers to print replacement parts or even tools on demand. The rising demand for 3D Printed material in Military application is enabling the market to grow at a CAGR of 13.7% from 2024 to 2031.

Military 3D Printing MarketDefinition/ Overview

Military 3D printing is the method of generating three-dimensional items from digital blueprints with various materials including plastics, metals, ceramics, and composites. The military industry employs 3D printing to create parts, tools, and even full components for military machinery such as aeroplanes, drones, vehicles, and weapons systems.

In recent years, military 3D printing has experienced rapid growth due to its capacity to mitigate supply chain vulnerabilities, enhance operational efficiency, and reduce lead times for replacement parts and components.

Moreover, the versatility of 3D printing technology allows for the creation of intricate and complex designs on demand, which is particularly advantageous for military purposes. The increasing demand for personalized and promptly produced spare parts and components for military equipment, coupled with efforts to minimize supply chain risks, alongside the widespread adoption of 3D printing technology by defence entities globally, are all anticipated to drive substantial growth in the military 3D printing market in the foreseeable future.

The reason for the growing global military 3D printing market can also be attributed to an increase in military applications, increased investment by armed forces in technology, and increased usage of lightweight components. However, the market’s growth is hampered by sophisticated hardware and software designs, as well as a lack of process standardisation. Furthermore, technological improvements are likely to provide growth prospects over the predicted period.

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Will Technology and Innovation Drive the 3D Material Printing Market?

In the 3D Material Printing Market, technological advancements and innovation have rapidly brought about a profound transformation in manufacturing across various sectors, including defence. Breakthroughs in metal 3D printing, composite materials printing, and multi-material printing have expanded the capabilities of additive manufacturing, enabling the production of intricate and tailor-made parts, components, and prototypes. Military entities leverage 3D printing technology to enhance equipment readiness, mitigate supply vulnerabilities, and expedite the production of critical defence systems and equipment.

Cost-Efficiency and Time Savings Traditional manufacturing methods in the military sector are often characterized by lengthy procurement processes, high tooling costs, and limited design flexibility. Conversely, 3D printing offers cost-effective and time-efficient solutions without the need for expensive tooling, reduced material wastage, and the ability to produce parts and components on demand. Military organizations stand to gain significant cost savings, reduced lead times for spare parts manufacturing, and improved operational readiness through timely equipment maintenance and repairs by embracing 3D printing technology.

Military and defence organisations from several countries have been developing advanced printing technologies to support soldiers in various combat missions and operations. This has improved the performance of military weapons including firearms, machinery, tanks, and trucks, which is projected to drive up demand for 3D printers in the defence sector. Countries such as the United States, China, Russia, Japan, South Korea, France, and the United Kingdom have the world’s greatest militaries, necessitating constant technological breakthroughs in military weapons to ensure future readiness and security.

Will Material Limitations Hamper the Growth of the 3D Military Printing Market?

The materials available for 3D printing range from metals and polymers to composites, providing a diverse range of options for military applications. Despite this adaptability, acquiring materials that suit the demanding requirements of military applications can be difficult. The search for materials with remarkable strength, endurance, and resistance to extreme conditions continues, as these attributes are vital for components exposed to harsh military settings.

Creating materials that are specifically designed to meet these stringent specifications is no easy task. It necessitates substantial study and testing to ensure that the materials can endure the demands of military activities while also maintaining their integrity over time. Heat resistance, chemical stability, and mechanical qualities are all important considerations when assessing if a material is suitable for military uses. As a result, the development of high-performance materials is a critical step in expanding the capabilities of 3D printing in the military industry.

Overcoming material limitations is critical to realizing the full promise of 3D printing in military manufacture. Continued innovation and collaboration among material scientists, engineers, and military professionals are critical for pushing the boundaries of material science. By tackling these issues and broadening the range of materials accessible for 3D printing, the military can use the technology to manufacture robust, configurable, and mission-specific components, ultimately increasing the efficiency and effectiveness of military operations.

Category-Wise Acumens

Will the Increasing demand for Printer Propel the Military 3D Printing Market?

In the military 3D printing market, the most prominent segment within the realm of 3D printing is the printer’s category particularly industrial 3D printers. These industrial-grade printers command a significant share of the market, accounting for approximately 71-76% of global revenue, surpassing materials in terms of market dominance. This dominance underscores the pivotal role that industrial 3D printers play in shaping the landscape of additive manufacturing.

The rise of industrial 3D printers can be ascribed to their broad acceptance in industries such as automotive, aerospace, and healthcare. These industries rely significantly on industrial-grade printers to perform a variety of activities, including prototyping, tooling, and even the fabrication of end-use parts. Industrial 3D printers’ versatility and precision make them essential tools for manufacturers looking to optimise production processes and increase productivity.

In conclusion, the widespread use of industrial 3D printers highlights their essential contribution to driving innovation and progress across diverse industries. With ongoing technological advancements, these printers are positioned to maintain their leading position, facilitating continued growth and transformation within the additive manufacturing field.

Will the Prototyping Segment Drive the Military 3D Printing Market?

The field of military 3D printing, thanks to its unprecedented adaptability and cost-effectiveness. Military agencies use 3D printing to create intricate prototypes of weapon systems, vehicle components, drones, and other equipment critical to defense operations. By utilizing this technology, military organizations can shorten the prototyping process, accelerating design iteration and concept validation with unprecedented efficiency when compared to traditional production processes.

Prototyping’s power in Military 3D printing is clear from its critical role in optimizing design features and analyzing performance qualities. This approach allows military entities to quickly iterate on ideas, assess functionality, and test engineering concepts, resulting in the development of cutting-edge solutions tailored to the changing demands of modern combat. This flexible prototyping capability enables military agencies to maintain a competitive advantage by quickly adjusting to changing threats and technology breakthroughs, hence improving operational effectiveness on the battlefield.

Gain Access into Military 3D printing Report Methodology

Country/Region-wise Acumens

Will North America Emerge the Military 3D printing Market?

In 2023, North America emerged as the dominant force in the global 3D printing market, a position attributed to the widespread adoption of additive manufacturing technologies across diverse industries in both the United States and Canada. Additive manufacturing has transcended its status as a novel concept to become an integral component of numerous manufacturing processes, fuelling growth and innovation throughout the region’s industrial landscape. The robust presence of additive manufacturing across various sectors in North America has propelled the region to the forefront of the global market, with its combined contribution accounting for over 40% of the total worldwide revenue in 2023.

The United States, renowned for its expansive geographical footprint and formidable industrial infrastructure, stands out as the primary hub for the target market. This dominance is further bolstered by the presence of numerous industry leaders in additive manufacturing, boasting extensive technical expertise and experience in the field. As of 2022, the estimated value of the 3D printing market in the United States surpasses US$ 6 billion, underscoring the nation’s leading position and significant contribution to the global 3D printing landscape. The United States continues to drive innovation and advancement in additive manufacturing, setting the pace for the industry’s development on a global scale.

In addition to the United States, Canada also plays a crucial role in bolstering North America’s dominance in the 3D printing market, albeit to a lesser extent. Canada’s commitment to innovation and technological advancement complements the efforts of its southern neighbour, solidifying North America’s position as a powerhouse in the realm of 3D printing. Together, the United States and Canada form a formidable partnership, driving substantial revenue and shaping the trajectory of the industry on a global scale.

Will the Asia Pacific Region Accelerate the Growth of the Military 3D printing Market?

With a projected CAGR of 22% over the forecast period, the Asia Pacific region is poised for significant growth compared to other broad geographical regions. This anticipated growth underscores the region’s increasing importance and potential in the global 3D printing market. The Asia Pacific region comprises diverse countries with varying levels of economic development, offering ample opportunities for the expansion of 3D printing technologies across industries.

The Asia Pacific region is segmented into East Asia and South Asia & Pacific geographical regions, with estimated market values of US$ 3.7 billion and US$ 2.2 billion, respectively, for the year 2023. This division reflects the regional nuances and dynamics driving the adoption of 3D printing technologies. The advancements in the industrial sector across the region have played a pivotal role in accelerating the adoption of 3D printing technologies in Asia Pacific countries.

Asia Pacific is emerging as a manufacturing powerhouse, particularly in sectors such as healthcare and automotive. The rapid development and expansion of these industries have fuelled the growth of the 3D printing market in the region. Moreover, factors such as rapid urbanization and the dominance of electronics and electrical manufacturing further contribute to the burgeoning opportunities in the Asia Pacific 3D printing market. These favourable conditions position the region as a key player in the global 3D printing landscape, driving innovation and growth across various sectors.

Competitive Landscape

The military 3D printing market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the market include

  • Stratasys, Ltd.
  • Materialise
  • EnvisionTec, Inc.
  • 3D Systems, Inc.
  • GE Additive
  • Autodesk Inc.
  • Made In Space
  • Canon Inc.
  • Voxel jet AG
  • SLM Solution
  •  ExOne Company
  •  Ultimaker BV, Renishaw Plc
  • Arcam AB,
  • Norsk Titanium AS
  •  Optomec Inc.

Latest Developments

  • In November 2022, 3D Systems and ALM joined forces to expand the range of widely used 3D printing materials. Their collaboration aims to accelerate the adoption of materials and stimulate growth within the additive manufacturing industry by ensuring the utilization of top-tier 3D printing materials.
  • In September 2021, General Lattice, a software company specializing in digital manufacturing, secured a contract from the US Army to develop a 3D-printed combat helmet with improved energy absorption capabilities.
  • In February 2021, The ExOne Company, a leading 3D printing firm, was awarded a $1.6 million defences contract by the US Department of Defence to create a self-contained, fully operational 3D printing factory housed within a 12-meter-long shipping container. This containerized factory is designed for easy deployment by land, sea, or air, enabling rapid manufacturing of critical supplies to meet military needs.
  • In January 2021, Naval Group, a French naval defence company, introduced its own metal wire fusion technology-based 3D printer, known as the DED type (Direct Energy Deposition). This printer was utilized to produce valid per-array components for the French Navy’s Andromede vessel, a Tripartite-class minesweeper.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Growth Rate

CAGR of 13.7% from 2024 to 2031

Base Year for Valuation

2024

Historical Period

2021-2023

Forecast Period

2024-2031

Quantitative Units

Value in USD Million

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Component
  • Platform
  • Application
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
Key Players

3D Systems Corporation, Stratasys Ltd., EOS GmbH Electro Optical Systems, ExOne Company, Ultimaker BV, Renishaw Plc, Arcam AB, Norsk Titanium AS, SLM Solutions Group AG, and Optomec Inc.

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Military 3D Printing Market, By Category

Component

  • Printer
  • Material
  • Software

Platform

  • Airborne
  • Naval
  • Land-based

Application

  • Prototyping
  • Production
  • Repair and Maintenance

Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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