Aerospace Additive Manufacturing Market

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Global Aerospace Additive Manufacturing Market Research Report: By Platform (Aircraft [Fixed-Wing and Rotary-Wing], Unmanned Aerial Vehicle and Spacecraft), Application (Engine, Structural and Others), Material Type (Metal Alloy, Plastic, Rubber and others), Technology (3D Printing, Laser Sintering (Direct Metal and Selective), Stereolithography, Fused Deposition Modelling and Electron Beam Melting) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2025

Global Aerospace Additive Manufacturing Market

Research Report - Forecast to 2025

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2025

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


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Global Aerospace Additive Manufacturing Market Forecast 2025

The aviation sector continues to scale new heights in emerging markets in the Middle East and Asia, which

characterizes the surge in aerospace manufacturing and the subsequent increase in demand for raw

materials. The current trend in the aviation industry is proving to be favorable for novel manufacturing

technologies such as the additive manufacturing. The aerospace industry has been the early adopters of

various technologies that went on to become a standard in other manufacturing domains. A similar trend is

being observed in additive manufacturing landscape, as the technology gains more ground in aerospace

manufacturing.

Market Research Future (MRFR)’s latest study reveals that the global aerospace additive manufacturing

market is set to expand at 20.24% CAGR during the forecast period (2018-2023). The market is highly

organized and well regulated in developed countries such as the U.S and the U.K.

The global aerospace additive manufacturing market is likely to remain influenced by various factors during

the forecast period. Some of these factors include the enforcement of stringent regulation to check aircraft

carbon emission, increased stress on aircraft weight reduction, focus on green manufacturing and high

efficiency of AM in the manufacturing of complex aerospace parts. Application opportunities for additive

manufacturing or AM are limitless in the aerospace industry. However, the novelty of technology makes it

cost intensive and thereby restricting its accessibility.

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Global Aerospace Additive Manufacturing Market Forecast to 2025

Global Market for Aerospace Additive Manufacturing Market– Segmental Analysis

MRFR’s report offers a thorough segmental analysis of the market based on platform, application, material

type, technology, and region. By platform, the market has been segmented into aircraft, unmanned aerial

vehicle, and spacecraft. Among these, the aircraft segment currently accounts for the largest market share

and is likely to remain highly lucrative throughout the assessment period. AM has become an important tool

for various purposes such as design and production of complex parts in the aircraft industry. By application,

the market has been segmented into engine, structural, and others. The engine segment accounts for the

lion’s share of Global Aerospace Additive Manufacturing Market and is expected to witness a healthy CAGR

during the assessment period. By material type, the market has been segmented into metal alloy, plastic,

rubber and others. Among these, the metal alloy segment is likely to retain its top position over 2023. Metal

alloy additive manufacturing is primarily used in rocket and propulsion hardware, engine injector and fuel

nozzles. By technology, the market has been segmented into 3D Printing, laser sintering, fused deposition

modeling, electron beam melting and stereolithography. The 3D printing segment currently accounts for the

largest market share and is expected to remain a prominent AM technology in the years to come.

Global Market for Aerospace Additive Manufacturing Market – Competitive Dashboard

Some of the key players profiled in the report include Stratasys, EOS, GE Additive, 3D System, ExOne, Arcam

AB, ATI, CRS Holdings Inc., Concept Laser, CRP Technology S.R.L, SLM Solutions, and Optomec.


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Global Aerospace Additive Manufacturing Market Forecast to 2025

Global Market for Aerospace Additive Manufacturing Market- Regional Outlook

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), the

Middle East & Africa (MEA), and Rest of the World (RoW). North America is home to some of the leading

market players. As a result, the region leads in the production and sales of industrial grade additive

manufacturing systems. Major additive manufacturing (AM) systems producers such as Stratasys and 3D

Systems are based in the U.S., which is considered as a positive factor for the market in the region.

Meanwhile, Europe and Asia Pacific are also expected to remain important growth pockets for the global

aerospace additive manufacturing market during the forecast period. Both the regions collectively command

for nearly 50% share of the global market. In Europe, the increased effort towards research initiatives is

recognized as one of the key trends that will govern the market trends in the region in the forthcoming

years.

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experts and industrial visits for its research analyst members.

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