Global 3D Printers for Aerospace and Aviation Market Growth 2023-2029
The global 3D Printers for Aerospace and Aviation market size is projected to grow from US$ 851.1 million in 2022 to US$ 1998.2 million in 2029; it is expected to grow at a CAGR of 13.0% from 2023 to 2029.
3D printing is a clear fit for many prototyping and end-use applications within the aerospace and aviation industry. Parts produced via additive manufacturing can be stronger and lighter than those made using traditional manufacturing.
Aerospace was a very early adopter of 3D printing and still continues to contribute heavily to its development. Companies in this industry began using 3D printing in 1989, and in 2015, aerospace accounted for 16% of additive’s $4.9B global revenue.
One of the areas where 3D printing has been most disruptive and valuable is the production of low-cost rapid tooling for injection molding, thermoforming and jigs and fixtures. Within aerospace, this allows for tooling to be quickly manufactured at a low cost and then used to produce low to medium runs of parts. This validation mitigates the risk when investing in high-cost tooling at the production stage and can also provide production components for quantities up to 5,000 to 10,000 parts.
Production volumes in the aerospace industry can reach more than 70,000 parts per year, so 3D printing has predominantly been used in the past as a prototyping solution rather than the manufacturing of end-use parts.
Today, improvements in the size of industrial printers, the speed they are able to print at and the materials that are available all make 3D printing a viable option for more medium-sized production runs, particularly for high-end interior build-outs.
LPI (LP Information)' newest research report, the “3D Printers for Aerospace and Aviation Industry Forecast” looks at past sales and reviews total world 3D Printers for Aerospace and Aviation sales in 2022, providing a comprehensive analysis by region and market sector of projected 3D Printers for Aerospace and Aviation sales for 2023 through 2029. With 3D Printers for Aerospace and Aviation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 3D Printers for Aerospace and Aviation industry.
This Insight Report provides a comprehensive analysis of the global 3D Printers for Aerospace and Aviation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 3D Printers for Aerospace and Aviation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 3D Printers for Aerospace and Aviation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 3D Printers for Aerospace and Aviation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 3D Printers for Aerospace and Aviation.
This report presents a comprehensive overview, market shares, and growth opportunities of 3D Printers for Aerospace and Aviation market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Plastic 3D Printers
Metal 3D Printers
Segmentation by application
Airplane Parts
Space Equipment Parts
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3D Systems
GE
Stratasys
Desktop Metal
EOS
Renishaw
SLM Solutions
TRUMPF
BLT
Velo3D
Key Questions Addressed in this Report
What is the 10-year outlook for the global 3D Printers for Aerospace and Aviation market?
What factors are driving 3D Printers for Aerospace and Aviation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 3D Printers for Aerospace and Aviation market opportunities vary by end market size?
How does 3D Printers for Aerospace and Aviation break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.