The global market for Aerospace Additive Manufacturing is estimated at US$1.2 Billion in 2023 and is projected to reach US$3.8 Billion by 2030, growing at a CAGR of 18.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the aerospace additive manufacturing market is driven by several factors, including technological advancements, the increasing complexity of aerospace components, and the demand for more efficient production processes. The need for lightweight, high-performance parts in modern aircraft and spacecraft is pushing the adoption of additive manufacturing, as it enables the creation of optimized designs that traditional methods cannot achieve. The growing trend towards customization and on-demand production in the aerospace sector also supports the use of 3D printing, allowing manufacturers to produce small batches of specialized components with minimal lead times. Additionally, regulatory bodies are recognizing the benefits of additive manufacturing and are developing standards and certifications to facilitate its broader adoption in critical aerospace applications. Investments in research and development, along with strategic partnerships between aerospace companies and additive manufacturing specialists, are further propelling the market forward. As these factors converge, the aerospace additive manufacturing market is poised for significant expansion, driven by the need for innovation, efficiency, and enhanced performance in aerospace engineering.
The growth in the aerospace additive manufacturing market is driven by several factors, including technological advancements, the increasing complexity of aerospace components, and the demand for more efficient production processes. The need for lightweight, high-performance parts in modern aircraft and spacecraft is pushing the adoption of additive manufacturing, as it enables the creation of optimized designs that traditional methods cannot achieve. The growing trend towards customization and on-demand production in the aerospace sector also supports the use of 3D printing, allowing manufacturers to produce small batches of specialized components with minimal lead times. Additionally, regulatory bodies are recognizing the benefits of additive manufacturing and are developing standards and certifications to facilitate its broader adoption in critical aerospace applications. Investments in research and development, along with strategic partnerships between aerospace companies and additive manufacturing specialists, are further propelling the market forward. As these factors converge, the aerospace additive manufacturing market is poised for significant expansion, driven by the need for innovation, efficiency, and enhanced performance in aerospace engineering.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Metal Alloy Material segment, which is expected to reach US$2.4 Billion by 2030 with a CAGR of a 19.2%. The Rubber Material segment is also set to grow at 18.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $369.4 Million in 2023, and China, forecasted to grow at an impressive 19.9% CAGR to reach $417.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Aerospace Additive Manufacturing Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerospace Additive Manufacturing Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Aerospace Additive Manufacturing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Moog, Inc., 3D Systems Inc. (USA), GKN PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 38 Featured):
- Moog, Inc.
- 3D Systems Inc. (USA)
- GKN PLC
- Carpenter Technology Corporation
- GKN Aerospace Services Limited
- Materialise NV
- Concept Laser GmbH
- EOS GmbH
- MTU Aero Engines AG
- EnvisionTEC, Inc.
- Arcam EBM, A GE Additive Company
- GKN Powder Metallurgy
- GT PARTS s.r.l.
- China Metallurgical Information and Standardization Institute (CMISI)
- Committee for Aviation and Space Industry Development (CASID)
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Moog, Inc.
- 3D Systems Inc. (USA)
- GKN PLC
- Carpenter Technology Corporation
- GKN Aerospace Services Limited
- Materialise NV
- Concept Laser GmbH
- EOS GmbH
- MTU Aero Engines AG
- EnvisionTEC, Inc.
- Arcam EBM, A GE Additive Company
- GKN Powder Metallurgy
- GT PARTS s.r.l.
- China Metallurgical Information and Standardization Institute (CMISI)
- Committee for Aviation and Space Industry Development (CASID)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 327 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 3.8 Billion |
| Compound Annual Growth Rate | 18.3% |
| Regions Covered | Global |
