The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

During the forecast period, air passenger traffic is likely to stimulate innovation in aerospace additive manufacturing, hence propelling the market.

The global aerospace additive manufacturing market is expected to grow from $2.71 billion in 2022 to $3.14 billion in 2023 at a compound annual growth rate (CAGR) of 15.78%. The global aerospace additive manufacturing market is expected to reach $9.24 billion in 2027 at a CAGR of 31.01%.

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Global Aerospace Additive Manufacturing Market Segments Include:

• By Material Type: Metal Alloy, Plastic, Rubber, Other Materials
• By Technology: Laser Sintering, 3D Printing, Electron Beam Melting, Fused Deposition Modeling, Stereo Lithography, Other Technologies
• By Platform: Aircraft, Unmanned Aerial Vehicle, Spacecraft
• By Application: Engine, Structural, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aerospace additive manufacturing market in 2021.

Major Market Players in the aerospace additive manufacturing market include 3D Systems Corporation, Arcam AB, Concept Laser GmbH, CRP Technology Srl, EOS GmbH Electro Optical Systems, ExOne Company, Optomec Inc., SLM Solutions Group AG.

Technological developments will be a prominent trend in the aerospace additive manufacturing industry in the future. To strengthen their market position, major aerospace additive manufacturing businesses are creating breakthrough technologies. For example, 3D Systems, a US-based engineering firm, introduced the High Speed Fusion industrial 3D printer platform and material range in February 2021. The platform system includes proprietary printing technology as well as complex material systems. It is a one-of-a-kind system that, thanks to improved electric motion control, operates at speeds and precision levels considerably exceeding current state-of-the-art manufacturing platforms.

The Aerospace Additive Manufacturing Global Market Report 2023  provides a aerospace additive manufacturing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aerospace additive manufacturing market forecast analyzes aerospace additive manufacturing market size, aerospace additive manufacturing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Aerospace additive manufacturing, commonly known as 3D printing in aerospace, is the process of producing aerospace components and parts using additive manufacturing technology. This method entails layering materials such as metals, polymers, or composites to create intricate patterns and structures that would be difficult or impossible to construct using traditional manufacturing procedures.

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