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Aerospace 3D Printing Market by Vertical Industry Printers Technology Materials Application and Region - Global Forecast to 2022

Aerospace 3D Printing Market: Global Forecast until 2022

  • April 2017
  • 149 pages
  • ID: 4880604
In this report:
The printers segment is expected to dominate the aerospace ##D printing market and grow at a CAGR of ##.##% during the forecast period from an estimated USD ##.## million in 2017 to USD ##,##.## million by 2022.
North America is expected to lead the global aerospace ##D printing market with the largest share in 2017 and is projected to grow at a CAGR of ##.##% from an estimated USD ##.## million in 2017 to USD ##,##.## million by 2022, while the APAC region is projected to record the highest CAGR of ##.##% during the forecast period.

Summary

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"Increasing fleet size of airlines across the world is one of the main factors driving the increase of the aerospace 3D printing market."

The aerospace 3D printing market is estimated to grow $3057.90M by 2022, at a compound annual growth rate of ~27.4 percent during the forecast period, 2017 to 2022. Growing demand for lightweight aircraft parts and components from the aerospace sector is driving the rise of the aerospace 3D printing market.

"Among verticals, the printers segment is anticipated to lead the aerospace 3D printing market during the outlook period, 2017 to 2022."

Among verticals, the printers segment is anticipated to lead the aerospace 3D printing market during the estimate period, 2017 to 2022. The increase of the printers segment of the aerospace 3D printing market can be accredited to the rising adoption of 3D printing technology for manufacturing aircraft parts and components. The use of 3D printing technology results in the production of lightweight parts and components of aircraft. It also results in the short supply chain, thereby leading to growing use of this technology to 3D print aircraft parts and components.

"The spacecraft industry segment is projected to dominate the aerospace 3D printing market during the outlook period, 2017 to 2022."

Among sectors, the spacecraft segment is forecasted to dominate the aerospace 3D printing market during the forecast period due to the ability of 3D printing technology to manufacture parts and components of spacecraft in a short span of time using a computer-aided design model. Since spacecraft need low volume and customized parts, the use of 3D printing technology is anticipated to growth in this industry segment during the estimate period.

"The North American area is estimated to result the aerospace 3D printing market during the outlook period, 2017 to 2022."

The North American area is the biggest market for aerospace 3D printing due to the presence of several prominent players offering 3D printing technology in this area. Another factor that contributes to the rise of the North America aerospace 3D printing market is the rising adoption of 3D printing technology by the aerospace market of the area. The manufacturers of aircraft and aircraft components are using 3D printing technology in their production processes to manufacture lightweight parts on demand without any delay.

Break-up of profiles of primary participants of the aerospace 3D printing market is like:

• By Company category - Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description - C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By Area - North America (NA) - 50.0 percent, EU - 25.0 percent, Asia-Pac - 20.0 percent, and rest of the world - 5.0 percent

Main firms decribed in the analysis contain Stratasys Ltd., 3D Systems Corporation, The ExOne Company, EOS GmbH, Arcam AB, Ultimaker B.V., Höganäs AB, and Materialise NV, among others.

Segment Research

This market report classifies the aerospace 3D printing market based on vertical (printers and materials) and market (aircraft, unmanned aerial vehicles, and spacecraft). It also studies the aerospace 3D printing market in North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on different levels of analyses - industry study, market share review of the top actors, company descriptions, coming out and high-growth segments of the aerospace 3D printing market, high-growth areas, and drivers, market restraints, alternatives, and opportunities influencing the increase of the aerospace 3D printing market.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the aerospace 3D printing technologies provided by the top actors operating in the aerospace 3D printing market.

• Product Development/Innovative products: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the aerospace 3D printing market.

• Market Development: Highlighted information about lucrative sectors for aerospace 3D printing across different areas.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the aerospace 3D printing market.

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the aerospace 3D printing market.

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