Aerospace 3D printing market is projected to reach USD 3,057.9 million by 2022, at a CAGR of 27.42% during the forecast period, 2017 to 2022.
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North American region is the largest market for aerospace 3D printing due to the presence of various prominent players offering 3D printing technology in this region. Another factor that contributes to the growth of the North America aerospace 3D printing market is the increasing adoption of 3D printing technology by the aerospace industry of the region.
The manufacturers of aircraft and aircraft componentsare using 3D printing technology in their production processes to manufacture lightweight parts on demand without any delay.
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Among verticals, the printers segment is expected to lead the aerospace 3D printing market during the forecast period, 2017 to 2022.
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The growth of the printers segment of the aerospace 3D printing market can be attributed to the increasing adoption of 3D printing technology for manufacturing aircraft parts and components. The use of 3D printing technology results in the production of lightweight parts and components of aircraft.
It also results in the short supply chain, thereby leading to increasing use of this technology to 3D print aircraft parts and components.
Among industries, the spacecraft segment is projected to lead the aerospace 3D printing market during the forecast period due to the ability of 3D printing technology to manufacture parts and components of spacecraft in a short span of time using a computer-aided design model. Since spacecraft require low volume and customized parts, the use of 3D printing technology is expected to increase in this segment during the forecast period.
- Manufacturers of Aerospace 3D Printers
- Manufacturers Aerospace 3D Printing Materials
- Aerospace 3D Printing Service Providers
- Aircraft Manufacturers Using 3D Printing Technology
- Aircraft Component Manufacturers Using 3D Printing Technology
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Top Companies Analyzed for Aerospace 3D Printing Market are – Stratasys Ltd. (U.S.), 3D Systems Corporation (U.S.), The ExOne Company (U.S.), EOS GmbH (Germany), Arcam AB (Sweden), Ultimaker B.V. (Netherlands), Höganäs AB (Sweden), and Materialise NV (Belgium), among others.
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Aerospace 3D Printing Market, By Industry:
- Commercial Aircraft
- Military Aircraft
This research report categorizes the aerospace 3D printing market on the basis of vertical (printers and materials) and industry (aircraft, unmanned aerial vehicles, and spacecraft). It also studies the aerospace 3D printing market in North America, Europe, Asia-Pacific, and Rest of the World (RoW).
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