HOME Top Market Reports Military 3D Printing Market by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, and Region - Global Forecast to 2025

Military 3D Printing Market by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: May 2018
Report Code: AS 6230

 

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The military 3D printing market was valued at USD 623.0 Million in 2017 and is projected to reach USD 4,594.4 Million by 2025, at a CAGR of 28.37% from 2017 to 2025. The objective of this study is to analyze, define, describe, and forecast the military 3D printing market based on offering, process, application, platform, and region. The report also focuses on providing a detailed competitive landscape of the military 3D printing market. It profiles key market players, highlighting their financial positions, product portfolios, and growth strategies, and analyzes their core competencies and market shares to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, acquisitions, new product developments, and funding activities in the military 3D printing market. The base year considered for this study is 2017 and the forecast period is from 2018 to 2025.

The research methodology used to estimate and forecast the military 3D printing market includes the study of data and revenue of key market players through secondary sources, such as company websites; annual reports; investor presentations; associations such as SME - Additive Manufacturing Community and Additive Manufacturing Association (AMA); and paid databases. The bottom-up procedure was employed to arrive at the overall size of the military 3D printing market by estimating the revenue of key market players. After arriving at the overall market size, the military 3D printing market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. Breakdown of profiles of primaries is showcased in the figure given below:

Military 3D Printing Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The military 3D printing market has been segmented on the basis of offering, process, application, platform, and region. Key companies profiled in the report include Stratasys (US), 3D Systems (US), ExOne (France), EOS (Germany), Arcam (Sweden), and Norsk Titanium (Germany). Contracts, new product launches, and partnerships are key growth strategies adopted by leading players in the military 3D printing market.

Target Audience for this Report

  • Military 3D Printing Service Providers
  • Defense Equipment Manufacturers
  • 3D Printing Manufacturers
  • Raw Material Suppliers
  • Air Forces
  • Naval Forces
  • Armies
  • Ministry of Defense of Various Countries

“This study answers several questions for stakeholders, primarily, which market segments they need to focus on during the next 2 to 5 years to prioritize their efforts and investments.”

Scope of the Report:

Military 3D Printing Market, By Offering

  • Printer
  • Material
  • Software
  • Service

Military 3D Printing Market, By Process

  • Binder Jetting
  • Direct Energy Deposition
  • Material Extrusion
  • Material Jetting
  • Powder Bed Fusion
  • Vat Photopolymerization
  • Sheet Lamination

Military 3D Printing Market, By Application

  • Functional Part Manufacturing
  • Tooling
  • Prototyping

Military 3D Printing Market, By Platform

  • Airborne
  • Land
  • Naval
  • Space

Drone Analytics Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • Rest of the World (Latin America and Africa)

Available Customizations

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

  • Geographic Analysis
    • Further breakdown of countries in Latin America
  • Company Information
    • Detailed analysis and profiles of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 22)
    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 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Growth Opportunities in the Military 3D Printing Market
    4.2 Military 3D Printing Market, By Process
    4.3 Europe Military 3D Printing Market, By Platform & Country
    4.4 US Military 3D Printing Market, By Offering
    4.5 Europe Military 3D Printing Market, By Platform
    4.6 Military 3D Printing Market, By Country

5 Market Overview (Page No. - 39)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Increasing Investments By Defense Entities in 3D Printing Projects
                    5.1.1.2 Reduction in Manufacturing Cost of Parts
                    5.1.1.3 Demand for Lightweight Parts and Components in the Defense Industry
           5.1.2 Restraints
                    5.1.2.1 Limited Availability of Materials
                    5.1.2.2 Stringent Military Standards
           5.1.3 Opportunities
                    5.1.3.1 Development of Advanced 3D Printing Technologies
                    5.1.3.2 3D Printing as A Service
                    5.1.3.3 Development of Portable Printers
           5.1.4 Challenges
                    5.1.4.1 Not Suitable for High Volume Production
                    5.1.4.2 Production of Low-Cost 3D Printing Parts
                    5.1.4.3 Lack of Standard Process Control

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Emerging Trends
           6.2.1 Multi-Material 3D Printing in the Defense Industry
           6.2.2 3D Printing of Drones & Missiles
           6.2.3 3D Printing of Complex Components
           6.2.4 3D Printing of Food
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat From New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Patent Analysis

7 Military 3D Printing Market, By Offering (Page No. - 48)
    7.1 Introduction
    7.2 Printer
           7.2.1 Printer, By Type
                    7.2.1.1 Industrial Printer
                    7.2.1.2 Portable Printer
    7.3 Material
           7.3.1 Material, By Type
                    7.3.1.1 Plastics
                               7.3.1.1.1 Plastic, By Type
                                             7.3.1.1.1.1 Thermoplastics
                                             7.3.1.1.1.2 Photopolymers
                               7.3.1.1.2 Plastic, By Form
                                             7.3.1.1.2.1 Powder
                                             7.3.1.1.2.2 Filament/Wire
                                             7.3.1.1.2.3 Liquid
                    7.3.1.2 Metal
                               7.3.1.2.1 Metal, By Type
                                             7.3.1.2.1.1 Steel
                                             7.3.1.2.1.2 Aluminum
                                             7.3.1.2.1.3 Titanium
                                             7.3.1.2.1.4 Silver
                                             7.3.1.2.1.5 Others
                               7.3.1.2.2 Metal, By Form
                                             7.3.1.2.2.1 Powder
                                             7.3.1.2.2.2 Filament/Wire
                    7.3.1.3 Ceramics
                               7.3.1.3.1 Ceramics, By Form
                                             7.3.1.3.1.1 Powder
                                             7.3.1.3.1.2 Filament/Wire
                                             7.3.1.3.1.3 Liquid
                    7.3.1.4 Others
    7.4 Software
           7.4.1 Software, By Type
                    7.4.1.1 Printing
                    7.4.1.2 Design
                    7.4.1.3 Inspection
                    7.4.1.4 Scanning
    7.5 Service

8 Military 3D Printing Market, By Platform (Page No. - 60)
    8.1 Introduction
    8.2 Airborne
           8.2.1 Aircraft
                    8.2.1.1 Engines
                    8.2.1.2 Aerostructures
                    8.2.1.3 Cockpit Controls
                    8.2.1.4 Others
           8.2.2 Missiles
                    8.2.2.1 Rocket Engines
                    8.2.2.2 Fins
                    8.2.2.3 Guidance Systems
                    8.2.2.4 Controls
                    8.2.2.5 Others
           8.2.3 UAV
                    8.2.3.1 UAV Engines
                    8.2.3.2 Aerostructures
                    8.2.3.3 Payloads
                    8.2.3.4 Others
    8.3 Land
           8.3.1 Vehicles
                    8.3.1.1 Engines
                    8.3.1.2 Structures
                    8.3.1.3 Others
           8.3.2 Soldiers
                    8.3.2.1 Helmets
                    8.3.2.2 Vests
                    8.3.2.3 Communication Devices
                    8.3.2.4 Food
                    8.3.2.5 Others
           8.3.3 Unmanned Ground Vehicles (UGVS)
                    8.3.3.1 UGV Engines
                    8.3.3.2 Structures
                    8.3.3.3 Others
    8.4 Naval
           8.4.1 Ships
           8.4.2 Unmanned Maritime Vehicles (UMV)
    8.5 Space

9 Military 3D Printing Market, By Application (Page No. - 72)
    9.1 Introduction
    9.2 Prototyping
    9.3 Functional Part Manufacturing
    9.4 Tooling

10 Military 3D Printing Market, By Process (Page No. - 75)
     10.1 Introduction
     10.2 Powder Bed Fusion
     10.3 Material Extrusion
     10.4 Vat Photopolymerization
     10.5 Material Jetting
     10.6 Binder Jetting
     10.7 Direct Energy Deposition
     10.8 Sheet Lamination

11 Military 3D Printing Market, By Technology (Page No. - 80)
     11.1 Introduction
     11.2 Stereolithography
     11.3 Fuse Deposition Modeling
     11.4 Selective Laser Sintering (SLS)
     11.5 Direct Metal Laser Sintering (DMLS)
     11.6 Polyjet Printing
     11.7 Inkjet Printing
     11.8 Electron Beam Melting
     11.9 Laser Metal Deposition
     11.10 Digital Light Processing
     11.11 Laminated Object Manufacturing

12 Regional Analysis (Page No. - 85)
     12.1 Introduction
     12.2 North America
             12.2.1 US
             12.2.2 Canada
     12.3 Europe
             12.3.1 France
             12.3.2 Russia
             12.3.3 Germany
             12.3.4 UK
             12.3.5 Italy
             12.3.6 Spain
             12.3.7 Rest of Europe
     12.4 Asia Pacific
             12.4.1 China
             12.4.2 India
             12.4.3 Japan
             12.4.4 South Korea
             12.4.5 Australia
             12.4.6 Rest of Asia Pacific
     12.5 Middle East
             12.5.1 Israel
             12.5.2 Saudi Arabia
             12.5.3 UAE
             12.5.4 Rest of Middle East
     12.6 Rest of the World
             12.6.1 Latin America
             12.6.2 Africa

13 Competitive Landscape (Page No. - 118)
     13.1 Introduction
     13.2 Competitive Analysis
     13.3 Market Ranking Analysis
     13.4 Competitive Scenario
             13.4.1 Contracts
             13.4.2 New Product Launches
             13.4.3 Agreements, Acquisitions, Collaborations, Partnerships, and Joint Ventures

14 Company Profiles (Page No. - 122)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     14.1 Stratasys
     14.2 3D Systems Corporation
     14.3 The Exone Company
     14.4 EOS GmbH
     14.5 Arcam AB
     14.6 Norsk Titanium as
     14.7 American Elements
     14.8 Cimetrix Solutions
     14.9 Artec
     14.10 3T RPD
     14.11 Optomec
     14.12 Initial
     14.13 Markforged
     14.14 Smg3D
     14.15 Engineering & Manufacturing Services

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 146)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customization
     15.5 Related Reports
     15.6 Author Details


List of Tables (82 Tables)

Table 1 Investments in 3D Printing Projects
Table 2 Patents Related to Military 3D Printing, 2013-2018
Table 3 Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 4 Military 3D Printing Market Size, Printer By Type, 2016-2025 (USD Million)
Table 5 Military 3D Printing Market Size, Material By Type, 2016-2025 (USD Million)
Table 6 Military 3D Printing Market Size, Plastic By Type, 2016-2025 (USD Million)
Table 7 Military 3D Printing Market Size, Plastic By Form, 2016-2025 (USD Million)
Table 8 Military 3D Printing Market Size, Metal By Type, 2016-2025 (USD Million)
Table 9 Military 3D Printing Market Size, Metal By Form, 2016-2025 (USD Million)
Table 10 Military 3D Printing Market Size, Plastic By Form, 2016-2025 (USD Million)
Table 11 Military 3D Printing Market Size, Software By Type, 2016-2025 (USD Million)
Table 12 Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 13 Military 3D Printing Market for Airborne, By Type, 2016-2025 (USD Million)
Table 14 Military 3D Printing Market Size, By Aircraft Component, 2016-2025 (USD Million)
Table 15 Military 3D Printing Market Size, By Missile Component, 2016-2025 (USD Million)
Table 16 Military 3D Printing Market Size, By UAV Component, 2016-2025 (USD Million)
Table 17 Military 3D Printing Market for Land, By Type, 2016-2025 (USD Million)
Table 18 Military 3D Printing Market Size, By Vehicle Component, 2016-2025 (USD Million)
Table 19 Military 3D Printing Market for Soldier Equipment and Food, By Type, 2016-2025 (USD Million)
Table 20 Military 3D Printing Market Size, By UGV Component, 2016-2025 (USD Million)
Table 21 Military 3D Printing Market for Naval, By Type, 2016-2025 (USD Million)
Table 22 Military 3D Printing Market Size, By Application, 2016-2025 (USD Million)
Table 23 Military 3D Printing Market Size, By Process, 2016-2025 (USD Million)
Table 24 Military 3D Printing Market Size, By Region, 2016-2025 (USD Million)
Table 25 North America: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 26 North America: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 27 North America: Military 3D Printing Market Size, By Country, 2016-2025 (USD Million)
Table 28 US: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 29 US: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 30 Canada: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 31 Canada: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 32 Europe: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 33 Europe: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 34 Europe: Military 3D Printing Market Size, By Country, 2016-2025 (USD Million)
Table 35 France: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 36 France: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 37 Russia: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 38 Russia: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 39 Germany: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 40 Germany: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 41 UK: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 42 UK: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 43 Italy: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 44 Italy: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 45 Spain: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 46 Spain: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 47 Rest of Europe: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 48 Rest of Europe: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 49 Asia Pacific: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 50 Asia Pacific: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 51 Asia Pacific: Military 3D Printing Market Size, By Country, 2016-2025 (USD Million)
Table 52 China: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 53 China: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 54 India: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 55 India: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 56 Japan: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 57 Japan: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 58 South Korea: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 59 South Korea: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 60 Australia: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 61 Australia: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 62 Rest of Asia Pacific: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 63 Rest of Asia Pacific: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 64 Middle East: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 65 Middle East: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 66 Middle East: Military 3D Printing Market Size, By Country, 2016-2025 (USD Million)
Table 67 Israel: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 68 Israel: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 69 Saudi Arabia: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 70 Saudi Arabia: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 71 UAE: Military 3D Printing Market Size, By Offerings, 2016-2025 (USD Million)
Table 72 UAE: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 73 Rest of Middle East: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 74 Rest of Middle East: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 75 Rest of the World: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 76 Rest of the World: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 77 Rest of the World: Military 3D Printing Market Size, By Region, 2016-2025 (USD Million)
Table 78 Latin America: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 79 Latin America: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 80 Africa: Military 3D Printing Market Size, By Offering, 2016-2025 (USD Million)
Table 81 Africa: Military 3D Printing Market Size, By Platform, 2016-2025 (USD Million)
Table 82 Rank Analysis of Key Players in the Military 3D Printing Market in 2017


List of Figures (37 Figures)

Figure 1 Market Scope: Military 3D Printing Market
Figure 2 Research Process Flow
Figure 3 Military 3D Printing Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Military 3D Printing Market, By Offering, 2018 & 2025 (USD Million)
Figure 9 Airborne Segment Expected to Grow at the Highest Rate During the Forecast Period
Figure 10 Functional Part Manufacturing Segment Expected to Grow at the Highest Rate During the Forecast Period
Figure 11 Direct Energy Deposition Segment Expected to Grow at the Highest Rate During the Forecast Period
Figure 12 The North American Region Estimated to Lead Military 3D Printing Market in 2018
Figure 13 Increasing Investments on Military 3D Printing Projects By Government Bodies is Expected to Drive the Military 3D Printing Market From 2018 to 2025
Figure 14 Powder Bed Fusion Segment Projected to Lead the Military 3D Printing Market From 2018 to 2025
Figure 15 Airborne Segment Platform is Estimated to Lead the European Military 3D Printing Market in 2018
Figure 16 Service Segment of Military 3D Printing Market Projected to Grow at the Highest CAGR During Forecast Period
Figure 17 Europe Military 3D Printing Market, By Platform
Figure 18 The US is Expected to Lead Military 3D Printing Market in 2018
Figure 19 Military 3D Printing Market: Market Dynamics
Figure 20 Duration of 3D Printing Processes
Figure 21 Porter’s Five Forces Analysis
Figure 22 Service Segment Expected to Grow at the Highest Rate During the Forecast Period
Figure 23 Airborne Platform Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Functional Part Manufacturing Segment Expected to Grow at Highest Rate During the Forecast Period
Figure 25 Direct Energy Deposition Segment Expected to Grow at Highest Rate During the Forecast Period
Figure 26 Military 3D Printing Market, By Technology
Figure 27 North America Estimated to Account for the Largest Share of Military 3D Printing Market in 2018
Figure 28 North America Military 3D Printing Market Snapshot
Figure 29 Europe Military 3D Printing Market Snapshot
Figure 30 Asia Pacific Military 3D Printing Market Snapshot
Figure 31 Middle East Military 3D Printing Market Snapshot
Figure 32 Companies Adopted Supply Contracts & New Product Launches as the Key Growth Strategy Between July 2016 to October 2017
Figure 33 Leading Companies in the Military 3D Printing Market, By Region, 2017
Figure 34 Stratasys: Company Snapshot
Figure 35 3D Systems Corporation: Company Snapshot
Figure 36 The Exone Company: Company Snapshot
Figure 37 Arcam AB: Company Snapshot

The military 3D printing market is projected to grow from USD 799.8 Million in 2018 to USD 4,594.4 Million by 2025, at a CAGR of 28.37% during the forecast period. The rising demand for lightweight parts and components in the defense industry and increasing investments made by defense entities in 3D printing projects are key factors projected to drive the growth of the military 3D printing market.

The military 3D printing market has been segmented on the basis of offering, process, application, platform, and region. Based on offering, the military 3D printing market has been segmented into printer, material, software, and service. The printer segment is projected to lead the military 3D printing market during the forecast period, owing to the increasing demand for 3D printed components from OEMs in the defense industry.

Based on process, the military 3D printing market has been segmented into binder jetting, direct energy deposition, material extrusion, material jetting, powder bed fusion, vat photopolymerization, and sheet lamination. The direct energy deposition segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the requirement for printing small-to-medium sized, and highly-complex functional parts of defense equipment.

Based on application, the military 3D printing market has been segmented into functional part manufacturing, tooling, and prototyping. 3D printing or additive manufacturing helps produce prototypes and models from 3D Computer-aided Design (CAD). OEMs in the defense industry are focused on the adoption of 3D printing technology to develop complex parts with minimum wastage. The need to produce cost-efficient prototypes according to specific customer requirements is one of the most significant factors projected to drive the growth of the prototyping segment.

Based on platform, the military 3D printing market has been segmented into airborne, land, naval, and space. The airborne segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing use of 3D printing technology to develop lightweight and durable components of aircraft and drones.

Based on region, the military 3D printing market has been segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW). The North American region led the military 3D printing in 2017. The increasing applicability of 3D printing technology in various industries, such as aerospace, chemicals, and automotive, in North America is one of the most significant factors expected to fuel the growth of the military 3D printing market in this region.

Military 3D Printing Market

The high cost of 3D printing parts and lack of standard process control act as key challenges to the growth of the military 3D printing market. Key companies profiled in the report include Airware (US), DroneDeploy (US), Delta Drone (France), PrecisionHawk (US), Pix4D (Switzerland), and AeroVironment (US). These players are focused on launching new products and end-to-end military 3D printing solutions.

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