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How has the aerospace 3d printing market grown in recent years?

The dimensions of the aerospace 3D printing market have seen remarkable expansion recently. The market is expected to escalate from $3.15 billion in 2024 to a significant $4.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 31.6%. The growth experienced during the historic period is an outcome of factors like, environmental issues, the surge in demand for bespoke aerospace parts, the growth of the aerospace sector, regulatory backup, and the flow of investments and funding.

How is the aerospace 3d printing market size expected to evolve during the forecast period?

The 3D printing industry in the aerospace sector is anticipated to experience substantial expansion in the upcoming years. A growth up to $11.72 billion by the year 2029 is expected, with a compound annual growth rate (CAGR) of 29.6%. The expansion during the predicted period can be traced back to the surging growth of the global market, increasing emphasis on sustainable aviation, escalating demand for lighter components, a rise in space launch vehicles, and the necessity for cost reductions. The forecast period is likely to see prominent trends including metal additive manufacturing, cutting-edge composite printing, 3D printing while in flight, the incorporation of artificial intelligence and machine learning, as well as the utilization of sustainable and eco-friendly materials.

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Which key drivers are propelling the aerospace 3d printing market’s growth?

The growth of the aerospace 3D printing market is propelled by the increasing need for lightweight parts and components from the aerospace industry. The lightweight design, which is well-known and applied across various industries most importantly in aerospace, is affiliated with the green aviation concept. 3D printing facilitates the establishment and usage of several lightweight prototypes, which allow designers to enhance the shape and suitability of completed parts in the aerospace industry. For example, a predicted weight reduction of 20% in a Boeing 787 could result in fuel efficiency improvement of 10 to 12%. Lightweight parts not only reduce the carbon footprint but also enhance operational efficiency such as improved acceleration, higher structural resilience, and superior protection performance. Hence, the escalating demand for lightweight parts and components from the aerospace sector boosts the expansion of the aerospace 3D printing market.

What are the market segments in the aerospace 3d printing industry?

The aerospace 3D printing market covered in this report is segmented –

1) By Material Type: Metals, Plastics, Ceramics

2) By Industry Type: Aircraft, Spacecraft, Unmanned Aerial Vehicles

3) By Printer Technology Type: Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS)

4) By Process Type: Material Extrusion, Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Sheet Lamination, Vat Photo-Polymerization

5) By Application: Structural Components, Engine Components, Space Components

Subsegments:

1) By Metals: Aluminum Alloys, Titanium Alloys, Stainless Steel, Inconel, Other Metal Alloys

2) By Plastics: Thermoplastics, Thermosetting Plastics, Composites, Other Plastic Materials

3) By Ceramics: Oxide Ceramics, Non-Oxide Ceramics, Composite Ceramics, Other Ceramic Materials

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Which leading companies are shaping the growth of the aerospace 3d printing market?

Major companies operating in the aerospace 3D printing market include Norsk Titanium AS, Materialise NV, EOS GmbH Electro Optical Systems, Arcam AB, 3D Systems Corporation, Ultimaker B.V., Stratasys Ltd., General Electric Company, Airbus SE, Safran SA, Raytheon Technologies Corporation, The ExOne Company, MTU Aero Engines AG, Höganäs AB, Oerlikon Group AG, Renishaw plc, TRUMPF GmbH + Co. KG, Made In Space Inc., Markforged Inc., Liebherr-International AG, EnvisionTEC GmbH, Optomec Inc., XYZprinting Inc., SLM Solutions Group AG, Concept Laser GmbH, Sciaky Inc., Additive Industries B.V., Carpenter Technology Corporation, GKN plc, Aerojet Rocketdyne Holdings Inc.

What key trends are currently impacting the aerospace 3d printing market’s development?

The evolution of technology is a prevalent trend being embraced in the aerospace 3D printing market. Innovations in technology contribute to the establishment of new Defense & Space business units to resolve numerous significant industry needs. These units principally aim to develop products and technologies tailored to defense and space-related undertakings, encompassing military systems and satellite technology. For example, Supernova Defense & Space, a Belgium-based printing firm, unveiled a new business division in August 2024. This division is tasked with pushing the envelope on 3D printing technology for military-grade energetic materials. With this initiative, the goal is to overcome the constraints of conventional manufacturing methods, particularly when crafting intricate applications like Solid Rocket Motors (SRMs) deployed in hypersonic platforms. This unit will leverage Supernova’s proprietary Viscous Lithography Manufacturing (VLM) technology, capable of managing high-viscosity materials and accomplishing solid loads over 88%. This capability facilitates the manufacturing of advanced energetic materials, boosting combustion efficacy and permitting bespoke designs for diverse defense tasks.

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Which geographic areas are influencing the growth of the aerospace 3d printing market?

North America was the largest region in the aerospace 3D printing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the 3D printing market share during the forecast period. The regions covered in the aerospace 3D printing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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