Global Aerospace 3D Printing Market Drivers, Trends And Restraints For 2022-2031
Aerospace 3D Printing Global Market Report 2022 : Market Size, Trends, And Forecast To 2026
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As per The Business Research Company’s “Aerospace 3D Printing Global Market Report 2022”, the aerospace 3D printing market share is predicted to reach a value of $1.80 billion in 2022 at a compound annual growth rate (CAGR) of 27.74%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The global aerospace 3D printing is expected to reach $5.19 billion in 2026 at a CAGR of 29.80%. The rising demand for lightweight parts and components from the aerospace industry is driving the growth of the aerospace 3D printing market.
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Key Trends In The Aerospace 3D Printing Market
Technological advancements are a key trend gaining popularity in the aerospace 3D printing market. Technological advancement is the discovery of knowledge that advances technology in developing new products. For instance, in May 2021, Belgium-based 3D printing company, Materialise, introduced flight-ready parts using laser sintering technology. Laser sintering uses a high-power laser to sinter small particles of polymer powder into a solid structure based on a 3D model. The company is using a flame-retardant polyamide (PA 2241 FR) to produce laser sintered parts under the Airbus Process Specification AIPS 03-07-022.
Overview Of The Aerospace 3D Printing Market
The aerospace 3D printing market consists of sales of 3D printing products and services by entities (organizations, sole traders, and partnerships) for the aerospace industry. 3D printing involves manufacturing three-dimensional solid objects from a digital file. The aerospace industry uses 3D printing to manufacture aerospace components such as door handles, light housings, control wheels, and interior dashboard designs. It is used to produce end-use parts, prototypes, alleviate supply chain constraints, limit warehouse space, cut storage costs, and decrease wasteful production materials.
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Aerospace 3D Printing Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
• By Material Type: Metals, Plastics, Ceramics
• By Industry Type: Aircraft, Spacecraft, Unmanned Aerial Vehicles
• By Printer Technology Type: Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS)
• By Process Type: Material Extrusion, Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Sheet Lamination, Vat Photo-Polymerization
• By Application: Structural Components, Engine Components, Space Components
• By Geography: The global aerospace 3D printing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Norsk Titanium, Materialise NV, EOS GmbH, Arcam AB, 3D Systems Corporation, Ultimaker B.V., Stratasys Ltd., GE Aviation, Airbus SE, Safran SA, Raytheon Technologies Corporation, The Exone Company
Trends, opportunities, strategies and so much more.
Aerospace 3D Printing Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides aerospace 3D printing market forecast and in-depth aerospace 3D printing global market research. The market report analyzes aerospace 3D printing global market size, aerospace 3D printing global market growth drivers, aerospace 3D printing market segments, aerospace 3D printing global market major players, aerospace 3D printing global market growth across geographies, and aerospace 3D printing global market competitors’ revenues and market positioning. The aerospace 3D printing market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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