Global aerospace 3D printing market size will reach USD 11.98 billion in 2028

VANCOUVER, BC, February 8, 2022 /PRNewswire/ — The Global aerospace 3D printing market size should reach $11.98 billion in 2028 and register a rapid CAGR of 26.6% over the forecast period, according to the latest analysis from Emergen Research. The rapid revenue growth rate of the global aerospace 3D printing market can be attributed to the growing demand for 3D printing technology to manufacture complex aerospace components. 3D printing in the aerospace industry finds extensive application in the production of complex components using a variety of materials such as plastics, composites and metals, including steel, titanium, nickel, chrome and aluminum. For example, GE Aviation uses 3D printing to produce fan blade edges with intricate shapes to optimize airflow.

Emergen_Research_Logo

Materials such as Inconel 718 (a nickel and chromium alloy) and titanium Ti6Al4V are used in aircraft production to provide superior flexibility in terms of geometry optimization and to create additional space for the innovation and the exploration of new designs. Additionally, the use of 3D printing technology in the aerospace industry allows designers to achieve maximum performance without considering production limitations.

Get a free sample PDF copy of the report @ https://www.emergenresearch.com/request-sample/917

Some highlights of the report

  • In December 2020Stratasys Ltd. has reached an agreement to buy Origin Inc., a startup providing 3D printing solutions, worth $100.0 million. The acquisition aims to allow Stratasys to expand its ability to mass produce parts using an innovative photopolymer platform.

  • An important advantage of molten deposition modeling is its ease of scalability. Additionally, the Fused Deposition Modeling Printer can print a wide variety of thermoplastic materials and filaments with relatively few modifications and upgrades.

  • Aerospace 3D printing is beneficial for improving aircraft design. The increasing sophistication and advancements in 3D printing software allow engineers to optimize designs for aircraft parts that can be 3D printed. Such design improvements help reduce the life cycle cost of the aircraft by improving engine efficiency, decreasing aircraft mass and reducing drag.

  • Aerospace 3D printing enables the manufacture of a variety of components using a wide range of raw materials, increasing production efficiency and improving supply chain management lead times.

  • Asia Pacific Revenues are expected to register the fastest growth rate over the forecast period, owing to increasing disposable income, increasing air traffic volumes and increasing demand for new aircraft.

  • Some major companies in the market report include Stratasys Ltd., Höganäs AB, EOS GmbH, Norsk Titanium AS, MTU Aero Engines AG, 3D Systems Corporation, Materialize NV, Ultimaker BV, EnvisionTEC GmbH, and ExOne.

Looking for a discount on Aerospace 3D printing Marlet report [Click Here]@ https://www.emergenresearch.com/request-discount/917

Emergen Research has segmented the Global Aerospace 3D Printing Market on the basis of Component, Technology, Application and Region:

  • Components Outlook (Revenue, USD Million; 2018-2028)

  • Technology Outlook (Revenue, USD Million; 2018-2028)

  • Application Outlook (Revenue, USD Million; 2018-2028)

Explore the full report description and table of contents of Aerospace 3D printing Market report@ https://www.emergenresearch.com/industry-report/aerospace-3d-printing-market

You want to explore the complete Table of Contents (TOC) for the Aerospace 3D Printing Market[Click Here]@ https://www.emergenresearch.com/industry-report/aerospace-3d-printing-market/toc

Latest reports published by Emergen Research in the Semiconductor and Electronics industry segment:

Smart Space Market By type (smart indoor space, smart outdoor space), by component (solution, service), by application, by end use and by region Forecast to 2030.

Semiconductor Lasers Market Size, share, trends, by type (fiber optic lasers, compact disc lasers, high power diode lasers, red lasers, blue lasers), by application (optical storage, lithography, healthcare, communication, display) and by region Forecast until 2028 .

Industrial Magnetron MarketBy product type (pulsed, continuous wave), by cooling type (air-cooled, water-cooled), by operating frequency (C-band, L-band, S-band, X-band, Ku & Ka band), by application and by region until 2030.

gaming monitor market By panel type (IPS panel gaming monitors, TN panel gaming monitors, VA panel gaming monitors), by screen size (under 27in, 27-32in, over 32in), by End-Use, By Distribution Channel and By Region Forecast to 2028.

smart plug market By Technology (Wi-Fi, Bluetooth), By Application (Commercial Use, Industrial Use, Home Use) and By Region Forecast to 2028.

game controller market By Product (Gamepad, Joystick, Trackball, Light Gun, Throttle Quadrant), By Connectivity (Wired, Wireless), By Compatibility, By Distribution (Offline, Online), By End Use (Commercial , personal) and by region 2028

About Emergen Research

Emergen Research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries, and help customers make smarter business decisions. We offer market intelligence research ensuring relevant and factual research across multiple sectors including health, touchpoints, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market. Emergen Research has a strong base of experienced analysts from a variety of areas of expertise. Our industry experience and ability to develop a workable solution to any research problem gives our clients the ability to secure an edge over their respective competitors.

Contact us:

Eric Lee
Corporate Sales Specialist
Emerging research | The Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
Email: sales@emergenresearch.com
Visit for more information: https://www.emergenresearch.com/insights
Explore our Personalized information services | Growth Consulting Services
Read our press release at
Aerospace 3D printing @ https://www.emergenresearch.com/press-release/global-aerospace-3d-printing-market

Quote

Quote

Show original content:https://www.prnewswire.com/news-releases/global-aerospace-3d-printing-market-size-to-reach-usd-11-98-billion-in-2028–rising-demand-for-3d -printing-technology-for-manufacturing-complex-aerospace-components-is-a-key-driver-of-industry-demand-according-to-emergen-res-301477428 .html

SOURCE Emerging research