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3D Printing in Aerospace and Defense Market Significant Market Size | Comprehensive Analysis, Industry Revenue, Forecast till 2020 – 2024

3D Printing in Aerospace and Defense

3D Printing in Aerospace and Defense Market” report presents a comprehensive overview, market shares, and growth opportunities of the 3D Printing in Aerospace and Defense market by product type, application, key companies, and key regions. It comprehensively prepared with the main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It offers a detailed analysis of the competition and leading companies of the global 3D Printing in Aerospace and Defense market. It concentrates on the recent developments, sales, market value, production, gross margin, and other important factors of the business of top players operating in the global 3D Printing in Aerospace and Defense market.

Market Overview:

  • The 3D printing in aerospace and defense market is estimated to register a CAGR of over 20% during the forecast period (2019-2024).
  • – The airline industry is a driving force for the evolution of the 3D printing technology in aerospace and defense. Airlines depend on 3D printing to alleviate supply chain constraints, limit warehouse space, and reduce waste materials from traditional manufacturing processes. The increasing use of 3D printing in the aviation industry may lead to a growth in the market, in the near future.
  • – The introduction of advanced technology 3D printers is expected to lead to advancements, in terms of 3D printing capabilities in the aerospace and defense industry, in the coming years.
  • – Nowadays, ULTEM materials are popular in the aerospace industry, owing to their heat resistance properties. Companies are making use of ULTEM materials to manufacture the inner shell for freezer units, which contain all the necessary mounting structures. Thus, advancement in ULTEM materials is expected to provide growth opportunities for the market, in the near future.

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    Scope of the Report:

    The 3D printing or additive manufacturing refers to a process of making three dimensional solid objects from a digital file. The 3D printing has made the process of design and implementation of components faster, less expensive, and, thus, simpler. It has also enabled the incorporation of all components into a single structure, eliminating the need to use external joints, adhesives, and fasteners. This elimination of extra component reduces the additional costs in the manufacturing process. By application, the market has been segmented into aircraft, unmanned aerial vehicles, and spacecraft, and by material, it has been segmented into metals, polymer, and ceramics.

    Top Manufacturers Are:

  • Stratasys Ltd
  • ExOne Co.
  • Materialise NV
  • Aerojet Rocketdyne Holdings Inc
  • Ultimaker BV
  • ARCAM AB
  • MTU AERO ENGINE
  • Hoganas AB
  • 3D Systems Corporation
  • EnvisionTEC GmbH
  • EOS GmbH
  • Moog Inc.

    Key Market Trends:

    The Aircraft Segment is Projected to Grow at a High Pace

    Weight is considered as the most important parameter, at every phase, in the design and development of an aircraft. The low, overall weight of an aircraft can result in less fuel consumption. Airlines operate at low-profit-margin and, hence, prefer aircraft that are fuel-efficient. Newer generation aircraft are highly fuel-efficient, due to the use of advanced materials to develop the components, parts, and overall airframe, without compromising on the strength and aerodynamics of an aircraft. For instance, Lockheed Martin Corporation and Arconic announced a two-year joint development agreement (JDA), in order to develop the next generation, advanced manufacturing processes and advanced materials. The two companies have planned to develop customized lightweight material systems and advanced manufacturing processes, like metal 3D printing, to advance current and next-generation aerospace and defense solutions. Due to the aforementioned factors, airlines are procuring newer generation aircraft, which may simultaneously drive the growth of the additive manufacturing sector. As of 2018, the aircraft segment holds the major share in the 3D printing for aerospace and defense market.

    North America is Expected to Witness the Highest Growth

    The North America region is expected record an increased growth in the market, during the forecast period. The Aerospace 3D printing market may witness an increase in the coming years, owing to the approval of the Federal Aviation Administration (FAA), as well as the European Aviation Safety Agency, toward the usage of more 3D printed parts for commercial jet engines. Developments by companies, such as GE and the Boeing Company, may propel the growth of 3D printing in North American. GE additive, as well as GE aviation, reported that they have received approval from the FAA for the first 3D printed parts, which are expected to be installed in the Genx – 2B commercial jet engines. Additionally, power door opening system (PDOS) brackets developed by GE have entered into mass production, and may be manufactured using the GE Additive Concept Laser M2 cruising multi-laser machines. Thus, the aforementioned developments may lead to a growth in aerospace 3D printing in North America and have a positive impact on the growth of the market.

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    What 3D Printing in Aerospace and Defense Market Research Offers:

    • 3D Printing in Aerospace and Defense market gives evaluations for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
    • 3D Printing in Aerospace and Defense market forecasts for a minimum of 5 years of all the mentioned segments
    • Supply chain trends mapping the latest industrial advancements
    • Global 3D Printing in Aerospace and Defense industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
    • Calculated for the new entrants in the 3D Printing in Aerospace and Defense market
    • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
    • 3D Printing in Aerospace and Defense market provides manufacturers with basic information, product category, sales revenue, price, and gross margin
    • Provide Company profiling with detailed strategies, financials, and recent developments

    And many more…

    Detailed TOC of 3D Printing in Aerospace and Defense Market – Segmented by Geography – Growth, Trend, and Forecast:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Aircraft
    5.1.2 Unmanned Aerial Vehicles
    5.1.3 Spacecraft
    5.2 By Material
    5.2.1 Metals
    5.2.2 Polymer
    5.2.3 Ceramics
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.2 Asia-Pacific
    5.3.2.1 China
    5.3.2.2 Japan
    5.3.2.3 India
    5.3.2.4 Rest of Asia-Pacific
    5.3.3 Europe
    5.3.3.1 United Kingdom
    5.3.3.2 France
    5.3.3.3 Germany
    5.3.3.4 Rest of Europe
    5.3.4 Latin America
    5.3.4.1 Mexico
    5.3.4.2 Brazil
    5.3.4.3 Rest of Latin America
    5.3.5 Middle East & Africa
    5.3.5.1 South Africa
    5.3.5.2 Saudi Arabia
    5.3.5.3 United Arab Emirates
    5.3.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Stratasys Ltd
    6.4.2 ExOne Co.
    6.4.3 Materialise NV
    6.4.4 Aerojet Rocketdyne Holdings Inc
    6.4.5 Ultimaker BV
    6.4.6 ARCAM AB
    6.4.7 MTU AERO ENGINE
    6.4.8 Hoganas AB
    6.4.9 3D Systems Corporation
    6.4.10 EnvisionTEC GmbH
    6.4.11 EOS GmbH
    6.4.12 Moog Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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