Global Aerospace 3D Printing Materials Market, By Vertical (Material, Printer), Printer Technology (Stereolithography (SLA), Fusion Deposition Modelling (FDM), Direct Metal Laser Sintering (DMLS), Selective Laser Sintering (SLS), Continuous Liquid Interface Production (CLIP), Others), Material (Plastic, Metals, Ceramic, Others), Application (Rapid Prototyping, Tooling, Part Production), Aircraft Parts (Engine, Structural Components, Jigs & Fixtures), End-Use (Aircraft, Spacecraft), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aerospace 3D Printing Materials Market
The aerospace 3D printing materials market will reach at an estimated value of USD 973.86 million by 2028 and grow at a CAGR of 18.20% in the forecast period of 2021 to 2028. Rise in the proliferating aviation industry rising demand for fuel-efficient aircrafts is an essential factor driving the aerospace 3D printing materials market.
3D printing is also known as additive manufacturing, which is a process of creating 3D objects from a given digital file. The technology has made the manufacturing process cheaper, faster, and simpler. 3D printing is extensively used in the aerospace industry to manufacture low-volume complex parts
Rise in the demand for fuel-efficient aircrafts is a crucial factor accelerating the market growth, also rise in the need for low volume production from aerospace industry, increase in the propelling space exploration and defense industry, rise in the government initiatives to support the adoption of 3D printing, increase in the mass customization and increasing demand for reducing the overall weight of the aircraft to improve the fuel consumption are the major factors among others boosting the aerospace 3D printing materials market. Moreover, rise in the adoption of 3D printing technology in home printing and increase in the demand from the educational sector will further create new opportunities for aerospace 3D printing materials market in the forecast period mentioned above.
However, high material costs and stringent certification requirements are the major factors among others restraining the market growth, and will further challenge the aerospace 3D printing materials market in the forecast period mentioned above.
This aerospace 3D printing materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aerospace 3D printing materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aerospace 3D Printing Materials Market Scope and Market Size
The aerospace 3D printing materials market is segmented on the basis of vertical, printer technology, material, application, aircraft parts and end-use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of vertical, the aerospace3D printing materials market is segmented into material and printer.
- Based on printer technology, the aerospace 3D printing materials market is segmented into stereolithography (SLA), fusion deposition modelling (FDM), direct metal laser sintering (DMLS), selective laser sintering (SLS), continuous liquid interface production (CLIP) and others.
- Based on material, the aerospace 3D printing materials market is segmented into plastic, metals, titanium, aluminum, Inconel, ceramic and others.
- Based on application, the aerospace 3D printing materials market is segmented into rapid prototyping, tooling and part production.
- Based on aircraft parts, the aerospace 3D printing materials market is segmented into engine, structural components and jigs & fixtures.
- The aerospace 3D printing materials market is also segmented on the basis of end-use into aircraft and spacecraft.
Aerospace 3D Printing Materials Market Scope Country Level Analysis
The aerospace 3D printing materials market is analysed and market size, volume information is provided by country, vertical, printer technology, material, application, aircraft parts and end-use as referenced above.
The countries covered in the aerospace 3D printing materials market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aerospace 3D printing materials market report due to rise in the presence of robust aerospace sector, rise in the need for low volume production from aerospace industry and increase in the propelling space exploration and defense industry in this region.
The country section of the aerospace 3D printing materials market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and Porter's Five Forces Analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aerospace 3D Printing Materials Market Share Analysis
The aerospace 3D printing materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aerospace 3D printing materials market.
The major players covered in aerospace 3D printing materials market report are Stratasys Ltd, 3D Systems, Inc., ExOne, EOS, GENERAL ELECTRIC, Ultimaker BV, Höganäs AB, Materialise, Organovo Holdings Inc, Solvay, Sandvik AB, Arconic, Melrose Industries PLC, MTU Aero Engines AG, EnvisionTEC and Moog Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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