The Global Aerospace 3D Printing Market Will Be Driven by Growing Demand for Lightweight Components During the Forecast Period 2022-2027

Expert Market Research’s new report titled “Global Aerospace 3D printing market Report and Forecast 2022-2027′, gives an in-depth analysis of the global aerospace 3D printing market, assessing the market based on its segments such as technologies, offerings, platforms, end-uses, applications and the main regions.

The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Aerospace 3D Printing Market Size, Share, Trends, Industry Report, Key Player, Major Segments and Forecasts

Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 22.0%

The growth of the aerospace 3D printing market is driven by factors such as increasing demand for lightweight from the aerospace industry, simplification of complex designs, ease of prototyping, and rapid customization, among others.

Rising jet fuel charges and the implementation of strict government regulations on the carbon footprint generated by the aviation industry have allowed aircraft manufacturers to explore ways to increase fuel efficiency.

Thus, the surge in demand for lightweight and durable aerospace components is notably contributing to the growth of the market. Additionally, the requirement for rapid prototyping is expected to fuel the growth of the aerospace 3D printing market over the forecast period.

Aerospace 3D printinging Industry definition and major segments

The early adopters of 3D printing, namely the aerospace and defense (A&D) industry, have been instrumental in its advancement. All stages of the aerospace application design process use 3D printing. For example, in design communication, designs for the aerospace industry typically begin with concept models featuring an aircraft component.

By Technology, the market is segmented into:

• Powder bed fusion
• Polymerization
• Modeling by material extrusion or fusion deposition (FDM)
• Others

Based on offers, the market is categorized into:

• Materials
• Printers
• Software
• Services

By Platform, the market is split into:

• Plane
• Spatialship
• Unmanned Aerial Vehicles (UAV)

Market end uses are:

• OEM
• MRO

The main market applications are:

• Tools
• Prototyping
• Functional parts

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Aerospace 3D printing market trends

Governments around the world are increasing their funding of 3D printing in the aerospace industry to advance these technologies due to the surge in demand for different 3D printing technologies and their faster production times.

This, in turn, is expected to create many opportunities for the overall market growth in the future. Aerospace parts often include internal channels for internal features, conformal cooling, thin walls, and complex curved surfaces. 3D printing is able to produce such features and allows the construction of complex, light and very stable structures. Such benefits of 3D printing are likely to propel the global aerospace 3D printing market.

Main market players

The main market players are:

  • Stratasys SA
  • 3D Systems, Inc.
  • EOS GmbH Electro-optical systems
  • Norsk Titanium US Inc.
  • Ultimaker B.V.
  • Others

The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert market research (EMR) is a leading market research company with clients worldwide. Through comprehensive data collection and skillful data analysis and interpretation, the company provides its clients with comprehensive, up-to-date and actionable market insights that enable them to make informed and intelligent decisions and strengthen their position in the market. market. Clientele ranges from Fortune 1000 companies to small and medium enterprises.

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More 3000 EMR consultants and more than 100 analysts work hard to ensure that clients get only the most up-to-date, relevant, accurate and actionable industry information so they can formulate informed, effective and intelligent business strategies and secure their market leadership.

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