Aerospace 3D Printing Market Size
Aerospace 3D Printing Market Size is projected to reach USD 7.1 Billion by 2030 recording a CAGR of 20% between 2020 and 2030. The increasing demand for new aircraft is primarily driving the growth of the market. Furthermore, the increasing use of UAVs for military commercial applications is driving the market growth.
Market USP
The increasing need for advanced manufacturing technologies for complex aerospace parts
Key Players:
Global Aerospace 3D Printing Market Size Key Players 3D Systems Corporation (US), Aerojet Rocketdyne (US), Arcam AB (Sweden), Envisiontec GmbH (Germany), EOS GmbH (Germany), Höganäs AB (Sweden), Materialise NV (Belgium), MTU Aero Engines AG (Germany), Norsk Titanium AS (Norway), Stratasys Ltd. (Israel)
Growth Opportunities in the Market
The Stereolithography (SLA) Segment Accounted for the Largest Market Share in 2019: By technology, the SLA segment accounted for the largest market share and is expected to grow at a steady CAGR during the review period. This technology is widely used for the 3D printing of parts. The fused deposition modeling (FDM) segment is expected to grow at the highest CAGR during the forecast. This technology is being widely used for 3D printing small aerospace components since the last few years.
The Space Components Segment Is Expected to Register the Highest Growth in the Market: By application, the space components segment is expected to grow at the highest CAGR during the review period. The increasing use of 3D printed components in satellites is expected to drive the growth of this segment. The engine segment accounted for the largest market share in 2019.
The Aircraft Industry Segment Accounted for the Largest Market Share in 2019: By industry, the aircraft segment is expected to grow at the highest CAGR during the forecast period from 2020 to 2030. This is because of the increasing use of 3D printed components in aircraft engines. Moreover, there has been a considerable increase in air passenger traffic in the last few years, which has fueled the demand for new aircraft, driving the growth of this segment. The UAV segment is expected to register the highest growth rate during the forecast period. This is due to the increase in demand for UAVs for commercial and defense applications.
Table Of Contents
- EXECUTIVE SUMMARY
1.1. MARKET ATTRACTIVENESS ANALYSIS
1.1.1. Aerospace 3D Printing Market Size Analysis, BY TECHNOLOGY
1.1.2. Aerospace 3D Printing Market Size Analysis, BY APPLICATION
1.1.3. Aerospace 3D Printing Market Size Analysis, BY INDUSTRY
1.1.4. Aerospace 3D Printing Market Size Analysis, BY REGION
- MARKET INTRODUCTION
2.1. MARKET DEFINITION
2.2. SCOPE OF THE STUDY
2.3. MARKET STRUCTURE
2.4. KEY BUYING CRITERIA
2.5. MARKET FACTOR INDICATOR ANALYSIS
- RESEARCH METHODOLOGY
3.1. RESEARCH PROCESS
3.2. PRIMARY RESEARCH
3.3. SECONDARY RESEARCH
3.4. MARKET SIZE ESTIMATION
3.5. FORECAST MODEL
3.6. LIST OF ASSUMPTIONS
- MARKET INSIGHTS
- MARKET DYNAMICS
5.1. INTRODUCTION
5.2. DRIVERS
5.2.1. INCREASING DEFENSE EXPENDITURES
5.2.2. INCREASING PASSENGER TRAFFIC AND SIGNIFICANT INCREASE IN DEMAND FOR NEW AIRCRAFT
5.2.3. INCREASING USE OF UAVS FOR DEFENSE AND COMMERCIAL APPLICATIONS
5.2.4. INCREASING DEMAND FOR 3D PRINTED REPLACEMENT PARTS
5.2.5. DRIVERS IMPACT ANALYSIS
5.3. CHALLENGES
5.3.1. STRINGENT INDUSTRY CERTIFICATIONS
5.4. OPPORTUNITIES
5.4.1. DEVELOPMENT OF ADVANCED 3D PRINTERS
5.5. MARKET/TECHNOLOGICAL TRENDS
5.6. PATENT TRENDS
5.7. REGULATORY LANDSCAPE/STANDARDS
Aerospace 3D Printing Market Size Report: By Technology [Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM) and Continuous Liquid Interface Production (Clip)], Application [Engine, Structural and Space Components], Industry [Aircraft, Spacecraft and UAV] and Region [North America, Europe, Asia-Pacific, the Middle East Africa and Latin America] - Forecast till 2030 @ https://www.marketresearchfuture.com/reports/aerospace-3d-printing-market-10144
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