3D printing, the colloquial name for Additive Manufacturing, is a manufacturing technique of creating a digital blueprint with the help of Computer Aided Design (CAD) or animation software to create a solid, physical object. It was even mentioned by President Obama in his 2013 State of the Union Address as a truly transformative technology having the potential to revolutionise the world. 3D printing allows the conversion of ideas from fiction to fact. It uses a layer-by Ðlayer approach for creating prototypes, spare parts and final products. It has been around for around thirty years now but is only just beginning to scratch the surface of its true potential in the 21st century.
Scope of the Report:This report studies the 3D Printing in Aerospace and Defence market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the 3D Printing in Aerospace and Defence market by product type and applications/end industries.
The desire to improve manufacturing efficiency, productivity and quality is the main 3D printing Enabled Augmented Manufacturing Market driver. Companies that are deploying it arenÕt just replacing machines, but redesigning the entire production line. This makes the work more efficient, fast, simple, accurate and profitable. Lead time reductions and cost savings can be enormous. The second driver of the 3D printing Enabled Augmented Manufacturing Market is the wider range of materials available for use which boosts its appeal to several industries. 3D printers have used materials like advanced nickel alloy, glass, carbon fibre, conductive ink, pharmaceuticals, electronics, and biological materials. These products can then be used in fields as diverse as aerospace & defence, medical, automotive, energy and the military.
The U.S. is anticipated to be the largest 3D printing Enabled Augmented Manufacturing Market due to its global pre-eminence as a manufacturing hub. It is particularly dominant in industries like aerospace & defence, automobile manufacturing and medical device equipment and healthcare, all of which use 3D printing to a greater extent. China, Japan, and South Korea will drive the demand in the coming decade due to robust manufacturing industries and strong government support.
The global 3D Printing in Aerospace and Defence market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of 3D Printing in Aerospace and Defence.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers 3D Systems Corporation
the ExOne Company
Stratasys
Voxeljet
SLM Solutions Group
Arcam Group
EOS
Materialise
Sciaky
Concept Laser
EnvisionTEC
Autodesk
Hoganas
Renishaw
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Plastics Material
Ceramics Material
Metals Material
Others
Market Segment by Applications, can be divided into Commercial Aerospace
Defense
Space
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.