Aerospace 3D Printing Market is valued at USD 889.8 Million in 2018 and is expected to reach USD 4889.5 Million by 2025 with a CAGR of 27.56 % over the forecast period.
Scope of the Aerospace 3D Printing Market Report:
Aerospace 3D printing market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about Aerospace 3D Printing market from various aspects. This report consists of drivers, challenges and opportunities which helps the market to grow over the analysis period and recent trends which supports the growth of market. This report consists of regional segmentation with product type and applications.
3D printing of parts is a new technology that has come up with the prospective to alter the way enterprise build new products, together with parts for defence and aerospace. The aerospace and defense industry is a great example of utilization of additive manufacturing (AM) with a clear value proposition and the ability to create parts that are stronger and lighter than parts made using traditional manufacturing. This production of 3D printing tools has evolved in a short span of time and is able of producing complex components among different types of materials which includes titanium, steel, aluminum and different variety of plastics. The aerospace and defense industry was a very early adopter of 3D printing and still continues to contribute heavily to its development. Some aerospace companies began using this technology as early as 1989 and over the next couple of decades, the adoption of 3D printing increased significantly.
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Aerospace 3D Printing Market Segmentation:
By Vertical:
- Material
- Printers
By Industry:
- Aircraft
- UAV
- Spacecraft
By Printer Technology:
- SLA
- SLS
- DMLS
- FDM
- Clip
By Applications:
- Engine
- Structural
- Space Components
Aerospace 3D Printing Market Key Players
Some major key players for aerospace 3D printing market are Stratasys Ltd.3D Systems Corporation, The ExOne Company, EOS GmbH, Arcam AB, Ultimaker B.V., Höganäs AB, Materialise NV, Organovo Holdings Inc, Solvay S.A., Sandvik, Arconic, GKN and among others.
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