Global Aerospace 3D Printing Market

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One of the first industries to use 3D printing was the aerospace industry. Aerospace is still regarded as the industry with the largest market adoption of 3D printing in the current market. Additive manufacturing, also known as 3D printing, is the process of creating a three-dimensional object from a CAD model or digital 3D model.

Description

Aerospace 3D Printing Market

Frequently Asked Questions of Aerospace 3D Printing

  • What are your views on the growth prospect of the aerospace 3D printing market?
    The aerospace and 3D printing market has high growth potential due to increasing demand
  • Which region is expected to hold the highest market share in the aerospace 3D printing market?
    North American region will hold the highest market share
  • Which are the leading players in aerospace 3D printing?
    Some of the leading players in 3D printing include stratasys, 3D systems, and protolabs.
  • Does the aerospace industry use 3D printing?
    Yes
  • How has 3D printing impacted the aerospace industry?
    3D printing has enabled quicker prototyping and production of parts
  • The Aerospace sector was noted to be one of the earliest verticals that adopted 3D printing. In the present market, aerospace is still considered the vertical with the highest market adoption for 3D printing.

    As per definition, the process of building a three-dimensional object from a CAD model or digital 3D model is known as additive manufacturing or 3D printing. It can be carried out via a variety of techniques in which material is brought together, often layer by layer. The deposition, joining, or solidification is all computer-monitored processes that lead to ultimately to the production of the said component/ part.

    Major factors driving the growth of the market

    Some of the key drivers for this technology is the ability to design and create parts with utmost accuracy. Quicker delivery of parts and the use of non-metallic lightweight materials to do the same are noted to be some of the main reasons that propel the growth associated with this sector. The increased movement towards green technology and the adoption of practices to reduce carbon footprint are hereby noted to be one of the key drivers for this market. The production of lightweight components will hereby optimize fuel usage and the emissions hence generated thus allowing the successful adoption of green initiatives within the aerospace segment.

    The latter is particularly important for making strong but lighter parts, solving issues like reducing an aircraft’s fuel consumption by reducing its overall weight, hence reducing operational expenses, and minimizing carbon dioxide emissions — two adversities faced by the Airline industry.

    Alternatively, relatively low production quantity acquired through technologies like additive manufacturing is noted to be a key market restraint. However, industry specialists have been trying to make technical advances within the said domain.

     Trends influencing the growth of the market

    Additive manufacturing is a technology of interest for players in the aerospace industry due to external factors in the industry, such as supply chain optimization brought about by decentralized production of parts at the location as per both demand and requirement on-site (as opposed to central production of parts and shipping them around). The decentralized production methodology employed by 3D printing allows added transport and portability of products across the global markets. With the possibility for a globally dispersed production network, organizations may maintain appropriate inventory levels to maximize productivity and create new value chains across industry verticals while also realizing significant cost savings.

    However, true build portability can be ensured only by having a set of guidelines that ensure a standard of manufacturing. Some of these parameters that ensure a common standard of manufacturing across global markets for a said product include a secure method for transferring digital information, common equipment, appropriate quality certifications, accurate equipment calibration, consistent input materials, etc.

    Additionally, it is noted that the use of 3D printing in aerospace reduces the number of components to be manufactured while making use of raw materials like composites. This is predominantly because of the added malleability of the material which hereby reduces the assembly time for a given structure.  The number of failure points for a given structure is also reduced through the incorporation of 3D printing as a manufacturing technology. This is predominantly due to the reduction of manual labor which in turn lowers the possibility of human errors in the construction of a given structure.

    The aerospace and military industries’ polymeric non-structural parts are no longer the focus of industry participants’ efforts; instead, secondary structures and key systems applications are taking their place.

    Market Dynamics

    In the applications segment for the 3D printing market, it is noted that prototyping acquires the largest share within the market. The other domains that acquire a major share within this market are as follows, i.e. Repair and Maintenance, Research and Development, Production Parts, Jigs, Fixtures, Tooling, etc.

    Developments

    As per Airbus CTO Grazia Vittadini, an aircraft was noted to be roughly 55 percent lighter owing to 3D printing. The average-sized Boeing 737-800, which is operated by several well-known commercial airlines, weighs 90,000 pounds (without fuel or passengers), but a reduction of 55% would reduce its weight to just over 40,000 pounds. This will reduce the quantity of fuel used by the aircraft because its weight directly correlates with its fuel consumption throughout the airframe’s useful life. In other words, 3D printing improves the aircraft industry’s sustainability.

    Table of Contents

    Aerospace 3D Printing Market Report Definition 

     

    Aerospace 3D Printing Market Segmentation 

    – By Aircraft Type

    – By Region

    – By Aircraft size

     

    Aerospace 3D Printing Market Analysis for next 10 Years

     

    The 10-year Aerospace 3D Printing Market analysis would give a detailed overview of Aerospace 3D Printing Market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

     

    Market Technologies of Aerospace 3D Printing Market 

     

    This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

     

    Global Aerospace 3D Printing Market Forecast 

     

    The 10-year Aerospace 3D Printing Market forecast of this market is covered in detailed across the segments which are mentioned above.

     

    Regional Aerospace 3D Printing Market Trends & Forecast

     

    The regional Aerospace 3D Printing Market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.

     

    North America

    – Drivers, Restraints and Challenges

    – PEST

    – Market Forecast & Scenario Analysis

    – Key Companies

    – Supplier Tier Landscape

    – Company Benchmarking

    Europe

    Middle East

    APAC

    South America

     

    Country Analysis of Aerospace 3D Printing Market 

     

    This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

     

    US

    – Defense Programs

    – Latest News

    – Patents

    – Current levels of technology maturation in this market

    – Market Forecast & Scenario Analysis

    Canada

    Italy

    France

    Germany

    Netherlands

    Belgium

    Spain

    Sweden

    Greece

    Australia

    South Africa

    India

    China

    Russia

    South Korea

    Japan

    Malaysia

    Singapore

    Brazil

     

    Opportunity Matrix for Aerospace 3D Printing Market 

     

    The opportunity matrix helps the readers understand the high opportunity segments in this market.

     

    Expert Opinions on Aerospace 3D Printing Market Report 

     

    Hear from our experts their opinion of the possible analysis for this market.

    Conclusions

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    Countries Covered in 3D Printing Market Report

    US

    Canada

    Italy

    France

    Germany

    Netherlands

    Belgium

    Spain

    Sweden

    Greece

    Australia

    South Africa

    India

    China

    Russia

    South Korea

    Japan

    Malaysia

    Singapore

    Brazil

    Regions Covered in 3D Printing Market Report

    North America

    South America

    Europe

    Middle East

    Asia

    Segments Covered in 3D Printing Market Report

    By Region

    By Aircraft Type

    By Aircraft Size

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