HOME Top Market Reports Aerospace 3D Printing Market by Vertical (Materials, Printers) Industry (Aircraft, UAV, Spacecraft) Printers Technology (SLA, SLS, DMLS, FDM, Clip) Materials Application (Engine, Structural, & Space Components) and Region - Global Forecast to 2022

Aerospace 3D Printing Market by Vertical (Materials, Printers) Industry (Aircraft, UAV, Spacecraft) Printers Technology (SLA, SLS, DMLS, FDM, Clip) Materials Application (Engine, Structural, & Space Components) and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: AS 5201

 

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The aerospace 3D printing market is projected to grow from USD 714.5 Million in 2017 to USD 3,057.9 Million by 2022, at a CAGR of 27.42% during the forecast period, 2017 to 2022. The base year considered for this study on this market is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

The report analyzes this market on the basis of vertical (printers and materials) and industry (aircraft, unmanned aerial vehicles, spacecraft). It studies the aerospace 3D printing market in North America, Europe, Asia-Pacific, and Rest of the World (RoW).

The report provides in-depth insights regarding the aerospace 3D printing market. It also provides detailed information about the major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of this market, along with an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to these market.

The report also covers competitive developments, such as long-term contracts, new product launches and developments, and research & development activities being carried out various leading players in this market. It also provides information regarding various business and corporate strategies adopted by key players to strengthen their position in this market.

Research Methodology:

Estimation of the market sizes of various segments and subsegments of the aerospace 3D printing market has been carried out through secondary research sources, such as Hoovers, Bloomberg Businessweek, Factiva, annual reports, and publications, among others and corroboration by primaries. The market triangulation has been done with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Aerospace 3D Printing Market

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The aerospace 3D printing market ecosystem comprises manufacturers, such as 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. These companies not only provide raw materials and printers for 3D printing of components but also manufacture components for the aerospace industry. The end users of the aerospace 3D printing technology include aircraft manufacturers, such as Airbus B.V. (France) and Boeing (U.S.), among others and component manufacturers such as Rolls-Royce (U.K.), Pratt & Whitney (U.S.), and GE Aviation (U.S.), among others.

Key Target Audience

  • 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

Scope of the Report

This research report categorizes the aerospace 3D printing market into the following segments and subsegments:

  • By Vertical
    • Printers
    • Materials
  • By Industry
    • Aircraft
    • Unmanned Aerial Vehicles (UAVs)
    • Spacecraft
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

Customizations Available for the Report:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:

  • Company Information
    • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Regional Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Demand for Lightweight Aircraft
                    2.2.2.2 Increasing Fleet Size
           2.2.3 Supply-Side Indicators
                    2.2.3.1 Technological Developments in the 3D Printing Industry
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions
           2.5.1 Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Growth Opportunities in Aerospace 3D Printing Market
    4.2 Aerospace 3D Printing Market, By Vertical
    4.3 Aerospace 3D Printing Market, By Industry
    4.4 Aerospace 3D Printing Market: Materials Segment, By Application
    4.5 Aerospace 3D Printing Market: Materials Segment, By Type
    4.6 Aerospace 3D Printing Market: Printers Segment, By Technology
    4.7 Market Share and Growth Analysis, By Region

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Scope
           5.2.1 Aerospace 3D Printing Market, By Vertical
           5.2.2 Printers Segment, By Technology
           5.2.3 Materials Segment, By Application
           5.2.4 Aerospace 3D Printing Market, By Industry
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Short Supply Chain of Aerospace Components
                    5.3.1.2 Demand for Lightweight Parts and Components From Aerospace Industry
                    5.3.1.3 Increased Demand From Aerospace Industry for Technologies Capable of Manufacturing Complex Aerospace Parts With Ease
                    5.3.1.4 Requirement for Low Volume Production From Aerospace Industry
           5.3.2 Restraints
                    5.3.2.1 Limited Types of Raw Materials for 3D Printing
                    5.3.2.2 Stringent Industry Certifications
           5.3.3 Opportunities
                    5.3.3.1 Development of Advanced 3D Printing Technologies Requiring Less Production Time
                    5.3.3.2 3D Printing as A Service
           5.3.4 Challenges
                    5.3.4.1 High Volume Production of Aerospace Components is Slower as Compared to Traditional Manufacturing

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Technology Evolution
    6.3 Emerging Trends
           6.3.1 3D Printing in Space Exploration Missions
           6.3.2 Innovations in Materials Used for 3D Printing
    6.4 Recent Industrial Trends
    6.5 Porter’s Five Forces Analysis
           6.5.1 Threat From New Entrants
           6.5.2 Threat of Substitutes
           6.5.3 Bargaining Power of Suppliers
           6.5.4 Bargaining Power of Buyers
           6.5.5 Intensity of Competitive Rivalry
    6.6 Innovations & Patent Registrations

7 Aerospace 3D Printing Market, By Vertical (Page No. - 54)
    7.1 Introduction
    7.2 Printers
           7.2.1 Printers, By Component
           7.2.2 Printers, By Technology
                    7.2.2.1 Stereolithography (SLA)
                    7.2.2.2 Continuous Liquid Interface Production (CLIP)
                    7.2.2.3 Fusion Deposition Modeling (FDM)
                    7.2.2.4 Direct Metal Laser Sintering (DMLS)
                    7.2.2.5 Selective Laser Sintering (SLS)
                    7.2.2.6 Others
    7.3 Materials
           7.3.1 Materials, By Type
           7.3.2 Materials, By Application
                    7.3.2.1 Engine Components
                    7.3.2.2 Structural Components
                    7.3.2.3 Space Components

8 Aerospace 3D Printing Market, By Industry (Page No. - 66)
    8.1 Introduction
    8.2 Aircraft
           8.2.1 Commercial Aircraft
           8.2.2 Military Aircraft
    8.3 Uavs
    8.4 Spacecraft

9 Regional Analysis (Page No. - 71)
    9.1 Introduction
    9.2 North America
           9.2.1 By Vertical
           9.2.2 By Industry
           9.2.3 Materials Segment, By Application
           9.2.4 By Country
                    9.2.4.1 U.S.
                    9.2.4.2 Canada
    9.3 Europe
           9.3.1 By Vertical
           9.3.2 By Industry
           9.3.3 Materials Segment, By Application
           9.3.4 By Country
                    9.3.4.1 Germany
                    9.3.4.2 U.K.
                    9.3.4.3 France
                    9.3.4.4 Italy
                    9.3.4.5 Spain
    9.4 Asia-Pacific (APAC)
           9.4.1 By Vertical
           9.4.2 By Industry
           9.4.3 Materials Segment, By Application
           9.4.4 By Country
                    9.4.4.1 China
                    9.4.4.2 Japan
                    9.4.4.3 India
    9.5 Rest of the World (RoW)
           9.5.1 By Vertical
           9.5.2 Materials Segment, By Application
           9.5.3 By Country
                    9.5.3.1 Russia
                    9.5.3.2 Brazil
                    9.5.3.3 Israel

10 Competitive Landscape (Page No. - 101)
     10.1 Introduction
             10.1.1 Vanguards
             10.1.2 Innovators
             10.1.3 Dynamic
             10.1.4 Emerging
     10.2 Competitive Benchmarking
             10.2.1 Product Offerings
             10.2.2 Business Strategies

11 Company Profiles (Page No. - 104)
(Business Overview, Products Offerings,Bussiness Strategies, Recent Developments, MnM View)*
     11.1 MTU Aero Engines AG
     11.2 Stratasys Ltd.
     11.3 Ultimaker B.V.
     11.4 3D Systems Corporation
     11.5 Arcam AB
     11.6 The Exone Company
     11.7 Höganäs AB
     11.8 EOS GmbH
     11.9 Materialise NV
     11.10 Envisiontec GmbH
     11.11 Norsk Titanium as
     11.12 Aerojet Rocketdyne

*Details on Business Overview, Products Offerings,Bussiness Strategies, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 141)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (77 Tables)

Table 1 Innovations & Patent Registrations, 2010-2015
Table 2 Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 3 Aerospace 3D Printing Market Size: Printers Segment, By Region, 2015-2022 (USD Million)
Table 4 Aerospace 3D Printing Market Size: Printers Segment, By Technology, 2015-2022 (USD Million)
Table 5 Aerospace 3D Printing Market Size: SLA 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 6 Aerospace 3D Printing Market Size: CLIP 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 7 Aerospace 3D Printing Market Size: FDM 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 8 Aerospace 3D Printing Market Size: DMLS 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 9 Aerospace 3D Printing Market Size: SLS 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 10 Aerospace 3D Printing Market Size: Others 3D Printing Technology, By Region, 2015-2022 (USD Million)
Table 11 Aerospace 3D Printing Market Size: Materials Segment, By Region, 2015-2022 (USD Million)
Table 12 Aerospace 3D Printing Market Size: Materials Segment, By Type, 2015-2022 (USD Million)
Table 13 Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 14 Aerospace 3D Printing Market Size: Engine Components, By Region, 2015-2022 (USD Million)
Table 15 Aerospace 3D Printing Market Size: Structural Components, By Region, 2015-2022 (USD Million)
Table 16 Aerospace 3D Printing Market Size: Space Components, By Region, 2015-2022 (USD Million)
Table 17 Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 18 Aerospace 3D Printing Market Size: Aircraft Segment, By Region, 2015-2022 (USD Million)
Table 19 Aerospace 3D Printing Market Size: Aircraft Segment, By End-User, 2015-2022 (USD Million)
Table 20 Aerospace 3D Printing Market Size: Uavs Segment, By Region, 2015-2022 (USD Million)
Table 21 Aerospace 3D Printing Market Size: Spacecraft Segment, By Region, 2015-2022 (USD Million)
Table 22 Global Aerospace 3D Printing Market Size, By Region, 2015-2022 (USD Million)
Table 23 North America Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 24 North America Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 25 North America Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 26 North America Aerospace 3D Printing Market Size, By Country, 2015-2022 (USD Million)
Table 27 U.S. Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 28 U.S. Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 29 U.S. Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 30 Canada Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 31 Canada Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 32 Canada Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 33 Europe Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 34 Europe Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 35 Europe Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 36 Europe Aerospace 3D Printing Market Size, By Country, 2015-2022 (USD Million)
Table 37 Germany Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 38 Germany Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 39 Germany Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 40 U.K. Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 41 U.K. Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 42 U.K. Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 43 France Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 44 France Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 45 France Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 46 Italy Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 47 Italy Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 48 Italy Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 49 Spain Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 50 Spain Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 51 Spain Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 52 APAC Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 53 APAC Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 54 APAC Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 55 APAC Aerospace 3D Printing Market Size, By Country, 2015-2022 (USD Million)
Table 56 China Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 57 China Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 58 China Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 59 Japan Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 60 Japan Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 61 Japan Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 62 India Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 63 India Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 64 India Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 65 RoW Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 66 RoW Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 67 RoW Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 68 RoW Aerospace 3D Printing Market Size, By Country, 2015-2022 (USD Million)
Table 69 Russia Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 70 Russia Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 71 Russia Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 72 Brazil Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 73 Brazil Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 74 Brazil Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)
Table 75 Israel Aerospace 3D Printing Market Size, By Vertical, 2015-2022 (USD Million)
Table 76 Israel Aerospace 3D Printing Market Size, By Industry, 2015-2022 (USD Million)
Table 77 Israel Aerospace 3D Printing Market Size: Materials Segment, By Application, 2015-2022 (USD Million)


List of Figures (69 Figures)

Figure 1 Aerospace 3D Printing Market: Markets Covered
Figure 2 Study Years: Aerospace 3D Printing Market
Figure 3 Research Flow
Figure 4 Research Design: Aerospace 3D Printing Market
Figure 5 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 6 Global Aircraft Fleet Size, 2015-2021
Figure 7 Market Size Estimation Process: Bottom-Up Approach
Figure 8 Market Size Estimation Process: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Printers Segment to Dominate Aerospace 3D Printing Market, By Vertical, During 2017-2022 (USD Million)
Figure 11 Aircraft Segment to Dominate Aerospace 3D Printing Market, By Industry, During 2017-2022 (USD Million)
Figure 12 North America to Dominate Global Aerospace 3D Printing Market During 2017-2022
Figure 13 Increasing Adoption of 3D Printing in Aerospace Industry to Drive Market Growth During 2017-2022
Figure 14 Materials Segment to Record Highest Growth in Aerospace 3D Printing Market During 2017-2022 (USD Million)
Figure 15 Spacecraft Segment to Record Highest Growth in Aerospace 3D Printing Market During 2017-2022 (USD Million)
Figure 16 Space Components to Record Highest Growth in Materials Segment During 2017-2022 (USD Million)
Figure 17 Titanium to Record Highest Growth in Materials Segment During 2017-2022 (USD Million)
Figure 18 FDM Technology to Dominate Printers Segment By 2022
Figure 19 North America to Hold Largest Share of Global Aerospace 3D Printing Market in 2017
Figure 20 Aerospace 3D Printing Market Segmentation
Figure 21 Aerospace 3D Printing Market, By Vertical: Segments & Sub-Segments
Figure 22 Aerospace 3D Printing Market: Printers Segment, By Technology
Figure 23 Aerospace 3D Printing Market: Materials Segment, By Application
Figure 24 Aerospace 3D Printing Market, By Industry
Figure 25 Aerospace 3D Printing Market: Drivers, Restraints, Opportunities, and Challenges
Figure 26 Impact of 3D Printing Technology on Manufacturing Supply Chain of Aerospace Components
Figure 27 CLIP vs Other 3D Printing Technologies
Figure 28 Aerospace 3D Printing Market
Figure 29 Porter’s Five Forces Analysis
Figure 30 Materials Segment to Record Highest Growth in Aerospace 3D Printing Market, By Vertical, During 2017-2022 (USD Million)
Figure 31 CLIP Technology to Record Highest Growth in Printers Segment During 2017-2022 (USD Million)
Figure 32 Engine Components Application to Lead Materials Segment During 2017-2022 (USD Million)
Figure 33 Aircraft Segment to Lead Aerospace 3D Printing Market, By Industry, in 2017
Figure 34 North America to Hold Largest Share of Global Aerospace 3D Printing Market in 2017
Figure 35 North America Aerospace 3D Printing Market Snapshot
Figure 36 Europe Aerospace 3D Printing Market Snapshot
Figure 37 APAC Aerospace 3D Printing Market Snapshot
Figure 38 RoW Aerospace 3D Printing Market Snapshot
Figure 39 Dive Chart
Figure 40 MTU Aero Engines AG: Company Snapshot
Figure 41 MTU Aero Engines AG: Product Offerings Scorecard
Figure 42 MTU Aero Engines AG: Business Strategies Scorecard
Figure 43 Stratasys Ltd.: Company Snapshot
Figure 44 Stratasys Ltd.: Product Offerings Scorecard
Figure 45 Stratasys Ltd.: Business Strategies Scorecard
Figure 46 Ultimaker B.V.: Product Offerings Scorecard
Figure 47 Ultimaker B.V.: Business Strategies Scorecard
Figure 48 3D Systems Corporation: Company Snapshot
Figure 49 3D Systems Corporation: Product Offerings Scorecard
Figure 50 3D Systems Corporation: Business Strategies Scorecard
Figure 51 Arcam AB: Company Snapshot
Figure 52 Arcam AB: Product Offerings Scorecard
Figure 53 Arcam AB: Business Strategies Scorecard
Figure 54 The Exone Company: Company Snapshot
Figure 55 The Exone Company: Product Offerings Scorecard
Figure 56 The Exone Company: Business Strategies Scorecard
Figure 57 Höganäs AB: Product Offerings Scorecard
Figure 58 Höganäs AB: Business Strategies Scorecard
Figure 59 EOS GmbH: Product Offerings Scorecard
Figure 60 EOS GmbH: Business Strategies Scorecard
Figure 61 Materialise NV: Company Snapshot
Figure 62 Materialise NV: Product Offerings Scorecard
Figure 63 Materialise NV: Business Strategies Scorecard
Figure 64 Envisiontec GmbH: Product Offerings Scorecard
Figure 65 Envisiontec GmbH: Business Strategies Scorecard
Figure 66 Norsk Titanium AS: Product Offerings Scorecard
Figure 67 Norsk Titanium AS: Business Strategies Scorecard
Figure 68 Aerojet Rocketdyne: Product Offerings Scorecard
Figure 69 Aerojet Rocketdyne: Business Strategies Scorecard

The aerospace 3D printing market is projected to grow from USD 714.5 Million in 2017 to USD 3,057.9 Million by 2022, at a CAGR of 27.42% during the forecast period, 2017 to 2022. The growth of the aerospace 3D printing market across the globe can be attributed to increasing fleet size of various airlines and growing demand for lightweight aircraft components and parts. Manufacturers of aircraft and aircraft components are resorting to 3D printing technology to manufacture aircraft components and parts as this technology decreases the production time and shortens supply chain of the aircraft manufacturing.

This market has been segmented on the basis of vertical, industry, and region. Based on vertical, these market has been segmented into printers and materials. The materials segment of the aerospace 3D printing market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to increasing use of different types of materials to 3D print different types of engine components. Development of new materials to be used for 3D printing of components and parts used in the aerospace industry is also expected to drive the growth of this market during the forecast period.

Based on industry, this market has been segmented into aircraft, unmanned aerial vehicles, and spacecraft. The spacecraft segment is projected to lead the aerospace 3D printing market during the forecast period, owing to need for low volume parts that can be manufactured using 3D printing technologies.

The aerospace 3D printing market has been studied for North America, Europe, Asia-Pacific, and Rest of the World (RoW). The North American region is projected to be the largest market for aerospace 3D printing in 2017. Countries, such as the U.S. and Canada of the North American region are witnessing the increasing adoption of 3D printing technologies in the aerospace industry. The aerospace 3D printing markets in the European and Asia-Pacific regions are also expected to witness significant growth, owing to increased demand for lightweight aircraft components.

Aerospace 3D Printing Market

Stringent industry regulations and high standards with respect to the manufacturing of aircraft components act as challenges for the growth of the aerospace 3D printing market.

Products offered by various companies in the aerospace 3D printing market have been listed in the report. The recent developments section of the report includes key developments by various companies between 2013 and 2017. Major companies profiled in the report include Stratasys Ltd. (U.S.), 3D Systems Corporation (U.S.), The ExOne Company (U.S.), Arcam AB (Sweden), and EOS GmbH (Germany), among others. Contracts and new product launches were the key strategies adopted by the leading players in this market. These strategies have enabled companies to enhance their market shares in the aerospace 3D printing market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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