The report "Aerospace 3D
Printing Market by Vertical (Materials, Printers)
Industry (Aircraft, UAV, Spacecraft) Printers Technology (SLA, SLS, DMLS, FDM,
Clip) Materials Application (Engine, Structural, & Space Components) and
Region - Global Forecast to 2022", The aerospace 3D
printing market is projected to grow from USD 714.5 Million in 2017 to USD
3,057.9 Million by 2022, at a CAGR of 27.42% during the forecast period, 2017
to 2022.
Browse
77 market data tables and 69 figures spread through 147 pages and in-depth TOC
on "Aerospace 3D Printing Market - Global
Forecast to 2022"
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Factors, such as the growing
fleet size of various airlines and increasing demand for lightweight components
of aircraft are expected to drive the growth of the aerospace 3D printing
market during the forecast period.
Among verticals, the
materials segment of the aerospace 3D printing market is projected to grow at
the highest CAGR during the forecast period, 2017 to 2022.
Among verticals, the materials
segment of the aerospace 3D printing market is projected to grow at the highest
CAGR during the forecast period, 2017 to 2022. The growth of this segment can
be attributed to the increasing demand for materials that have a high
strength-to-weight ratio for 3D printing of parts and components used in
aircraft.
Among industries, the aircraft segment is
estimated to lead the aerospace 3D printing market during the forecast period,
2017 to 2022.
Among industries, the aircraft
segment is projected to lead the aerospace 3D printing market during the
forecast period. The growth of the aircraft segment of the aerospace 3D
printing market can be attributed to rising number of aircraft to cater to the
increasing air passenger traffic across the globe. Increasing adoption of 3D
printing technology for the development of lightweight components and parts of
aircraft is also expected to drive the growth of the aircraft segment of the
aerospace 3D printing market during the forecast period.
The North American region
is estimated to lead the aerospace 3D printing market during the forecast
period, 2017 to 2022.
The North American region is
the largest market for aerospace 3D printing. The growth of the North America
aerospace 3D printing market can be attributed to the high adoption rate of 3D
printing technology in the aerospace industry of the region. The use of 3D
printing technology results in the production of lightweight parts and
components of aircraft. It also results in the short supply chain, thereby
leading to increasing use of this technology to 3D print aircraft parts and
components.
Stratasys Ltd. (U.S.), 3D
Systems Corporation (U.S.), and The ExOne Company (U.S.), among others, are the
key players operating in the aerospace 3D printing market.
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