The Business Research Company’s report on the Aerospace 3D Printing Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the aerospace 3d printing market in recent years?
The rising demand for lightweight parts and components from the aerospace industry is driving the growth of the aerospace 3D printing market. Lightweight design is a highly described and used concept in various industries, particularly in aerospace, and is related to the green aviation theory. 3D printing allows the creation and deployment of various lightweight prototypes, enabling designers to refine the form and fit of finished parts in the aerospace industry. For instance, a 20% weight reduction in a Boeing 787 is expected to generate a 10 to 12% improvement in fuel efficiency. In addition to a decrease in carbon footprint, lightweight parts also improve operational efficiency with such things as better acceleration, higher structural strength, and better protection performance. Therefore, the rising demand for lightweight parts and components from the aerospace industry is driving the growth of the aerospace 3D printing market.
Access Your Free Sample of the Global Aerospace 3D Printing Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5875&type=smp
What is the projected market size of the aerospace 3d printing industry, and how is it expected to grow?
The aerospace 3D printing market size has grown exponentially in recent years. It will grow from $3.15 billion in 2024 to $4.15 billion in 2025 at a compound annual growth rate (CAGR) of 31.6%. The growth in the historic period can be attributed to environmental concerns, demand for customized aerospace components, rise in aerospace industry, regulatory support, investment and funding.
The aerospace 3D printing market size is expected to see exponential growth in the next few years. It will grow to $11.72 billion in 2029 at a compound annual growth rate (CAGR) of 29.6%. The growth in the forecast period can be attributed to global market growth, rising focus on green aviation, rising demand for lightweight components, increasing space launch vehicles, need for cost savings. Major trends in the forecast period include metal additive manufacturing, advanced composite printing, in-flight 3D printing, ai and machine learning integration, sustainability and eco-friendly materials.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=5875&type=smp
Who are the key players driving competition in the aerospace 3d printing market?
Major companies operating in the aerospace 3D printing market include Norsk Titanium AS, Materialise NV, EOS GmbH Electro Optical Systems, Arcam AB, 3D Systems Corporation, Ultimaker B.V., Stratasys Ltd., General Electric Company, Airbus SE, Safran SA, Raytheon Technologies Corporation, The ExOne Company, MTU Aero Engines AG, Höganäs AB, Oerlikon Group AG, Renishaw plc, TRUMPF GmbH + Co. KG, Made In Space Inc., Markforged Inc., Liebherr-International AG, EnvisionTEC GmbH, Optomec Inc., XYZprinting Inc., SLM Solutions Group AG, Concept Laser GmbH, Sciaky Inc., Additive Industries B.V., Carpenter Technology Corporation, GKN plc, Aerojet Rocketdyne Holdings Inc.
What key trends are expected to drive the aeroengine composites market during the forecast period?
Technological advancements are a key trend gaining popularity in the aerospace 3D printing market. Technological advancement is the discovery of knowledge that advances technology in developing new Defense & Space business unit to address several critical industry demands. A new Defense & Space business unit focuses on developing products and technologies for defense and space-related projects, including military systems and satellite technology. For instance, in August 2024, Supernova Defense & Space, Belgium-based printing company, launched a new business unit, focused on advancing 3D printing technology for military-grade energetic materials. This initiative aims to address the limitations of traditional manufacturing processes, particularly in producing complex applications like Solid Rocket Motors (SRMs) used in hypersonic platforms. The unit will utilize Supernova’s proprietary Viscous Lithography Manufacturing (VLM) technology, which can handle high-viscosity materials and achieve solid loads exceeding 88%. This capability allows for the production of advanced energetic materials, enhancing combustion efficiency and enabling custom designs for various defense applications.
Which key geographies are driving the growth of the aerospace 3d printing market?
North America was the largest region in the aerospace 3D printing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the 3D printing market share during the forecast period. The regions covered in the aerospace 3D printing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/aerospace-3d-printing-global-market-report
What are the key segments driving growth in the aerospace 3d printing market?
The aerospace 3D printing market covered in this report is segmented –
1) By Material Type: Metals, Plastics, Ceramics
2) By Industry Type: Aircraft, Spacecraft, Unmanned Aerial Vehicles
3) By Printer Technology Type: Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS)
4) By Process Type: Material Extrusion, Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Sheet Lamination, Vat Photo-Polymerization
5) By Application: Structural Components, Engine Components, Space Components
Subsegments:
1) By Metals: Aluminum Alloys, Titanium Alloys, Stainless Steel, Inconel, Other Metal Alloys
2) By Plastics: Thermoplastics, Thermosetting Plastics, Composites, Other Plastic Materials
3) By Ceramics: Oxide Ceramics, Non-Oxide Ceramics, Composite Ceramics, Other Ceramic Materials
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5875
How is the aerospace 3d printing market defined?
Aerospace 3D printing refers to 3D printing of products and systems for the aerospace industry. 3D printing involves manufacturing three-dimensional solid objects from a digital file. The aerospace industry uses 3D printing to manufacture aerospace components such as door handles, light housings, control wheels, and interior dashboard designs. It is used to produce end-use parts, prototypes, alleviate supply chain constraints, limit warehouse space, cut storage costs, and decrease wasteful production materials.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
