The aerospace and defense additive manufacturing market size has grown exponentially in recent years. It will grow from $4.32 billion in 2024 to $5.23 billion in 2025 at a compound annual growth rate (CAGR) of 21%. The growth in the historic period can be attributed to cost reduction, lightweight components, customization and complexity, supply chain optimization, material advancements.
The aerospace and defense additive manufacturing market size is expected to see rapid growth in the next few years. It will grow to $10.08 billion in 2029 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to increased adoption of am technology, advancements in material science, complex part production, industry 4 integration, digital twin implementation. Major trends in the forecast period include scaled production of critical parts, am materials development, automation and robotics in am, post-processing advancements, 3d printing electronics integration.
The anticipated rise in government expenditure within the defense sector is poised to be a significant catalyst for the advancement of the aerospace and defense additive manufacturing market. Defense spending encompasses allocations for weaponry, operations, maintenance, personnel, and specific military gear. With increased investments in defense, additive manufacturing stands to benefit from amplified research and development endeavors, fostering progress in materials, processes, and quality control. Such advancements are expected to expedite the adoption of additive manufacturing technologies, subsequently leading to augmented productivity, bolstered resilience in supply chains, and a surge in innovation within the aerospace and defense industries. Notably, in March 2023, the United States Air Force (USAF) disclosed a budget request of approximately $215.1 billion for fiscal year (FY) 2024, marking a substantial $9.3 billion or 4.5% rise from the preceding FY 2023 figure. Thus, the escalating government spending in the defense sector serves as a driving force behind the growth of the aerospace and defense additive manufacturing market.
The upward trajectory of air passenger traffic is poised to propel the expansion of the aerospace and defense additive manufacturing market. Air passenger traffic denotes the count of individuals traveling via air transport within a defined timeframe, predominantly calculated based on commercial flight boardings. Embracing aerospace and defense additive manufacturing technologies holds the potential to positively impact air passenger traffic by enhancing aircraft efficiency, innovation, fuel economy, and cost-effectiveness while ensuring the reliability and sustainability of air travel operations. As observed in October 2022, statistics from the International Air Transport Association (IATA) revealed a surge in traffic for Asia-Pacific airlines, registering a notable 98.5% increase in August 2023 compared to the same period in 2022. This growth solidifies their position as the leading airline segment in the region. Concurrently, European carriers experienced a 13.6% rise in August 2023 compared to the preceding year, indicating a significant surge in air passenger traffic. Consequently, the burgeoning air passenger traffic serves as a driving factor propelling the growth of the aerospace and defense additive manufacturing market.
Technological advancements are a significant trend gaining traction in the aerospace and defense additive manufacturing market. Major companies in this sector are concentrating on creating innovative product solutions to enhance their market position. For example, in June 2023, Aerojet Rocketdyne Holdings Inc., a US-based aerospace and defense products and systems firm, in collaboration with The National Aeronautics and Space Administration (NASA), a US government agency, announced the successful completion of a series of certification tests for the new RS-25 production engines, which will power NASA’s Space Launch System (SLS) for upcoming Artemis missions, including Artemis V. This certification campaign, which included 12 hot-fire tests, confirmed the engines' reliability and performance, ensuring they meet the required standards for future space exploration missions. The newly produced engines are set to be delivered to NASA in 2024 and will make their debut during the Artemis V mission.
Major entities in the aerospace and defense additive manufacturing sector are strategically focusing on pioneering products such as industrial-grade 3D printers to bolster their market revenues. An exemplary instance occurred in November 2022, when Wipro 3D, a division of Wipro Limited, an India-based additive manufacturing business unit, launched the Wipro 3D F300-2. This state-of-the-art 3D printer, leveraging fused filament fabrication (FFF) technology, targets educational institutions, industries, engineering firms, and R&D centers. The F300-2 boasts remote monitoring and control capabilities accessible via internet-enabled devices, ensuring operational ease and flexibility. Engineered with safety features such as dual filtration, a self-cleaning nozzle, a magnetic print bed, and automatic platform leveling, this printer ensures high-quality 3D printing while prioritizing user safety. Its exceptional accuracy, speed, and adaptability, coupled with user-friendly functionalities, position the Wipro 3D F300-2 as a premium polymer 3D printer, promising superior print quality and hassle-free operation.
In October 2022, GKN Aerospace Ltd., a UK-based company specializing in automotive and aerospace components, successfully acquired Permanova Lasersystem AB for an undisclosed amount. This strategic acquisition enhances GKN Aerospace's capabilities in additive fabrication, particularly in the field of large-scale additive manufacturing (AM) industrialization. The acquisition is expected to facilitate significant future business growth for GKN Aerospace. Permanova Lasersystem AB, based in Sweden, is recognized for producing robotic laser systems for metalworking in the engineering sector. The company employs modern 3D printing technology to develop robust, lightweight, and environmentally friendly alternatives to traditional castings and forgings. The acquisition aligns with GKN Aerospace's objectives to strengthen its position in the additive manufacturing space and advance its offerings in the aerospace sector.
Major companies operating in the aerospace and defense additive manufacturing market include General Electric Company, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems, Safran SA, Rolls-Royce Holdings, Honeywell Aerospace, Siemens Digital Industries Software, OC Oerlikon Corporation AG, Moog Inc., Aerojet Rocketdyne Holdings Inc., Carpenter Technology Corporation, Renishaw plc, GKN Aerospace, Stratasys Ltd., EOS GmbH, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., SLM Solutions Group AG, Optomec Inc., Sintavia, Additive Industries, Optisys LLC, CRP Technology SRL, BeAM Machines Inc.
North America was the largest region in the aerospace and defense additive manufacturing market in 2024. The regions covered in the aerospace and defense additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace and defense additive manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Aerospace and defense additive manufacturing involves the application of 3D printing technology to fabricate parts and components for the aerospace and military sectors. This technology is employed to create components with intricate geometries, parts with enhanced performance characteristics, repair or replace broken parts, foster innovation, and generate prototypes for research and development purposes.
The primary types of aerospace and defense additive manufacturing technologies include direct metal laser sintering (DMLS), fused deposition modeling (FDM), continuous liquid interface production (CLIP), stereolithography (SLA), selective laser sintering (SLS), and others. Direct metal laser sintering (DMLS) is a specific form of additive manufacturing in which metal powder is fused together layer by layer, utilizing a laser, to form a solid 3D object. These technologies utilize various materials such as metals, plastics, rubbers, and others. Aerospace and defense additive manufacturing find application in various platforms, including aviation, defense, and space. They are utilized for a range of applications, such as engine components, space components, structural components, defense components, and more.
The aerospace and defense additive manufacturing market research report is one of a series of new reports that provides aerospace and defense additive manufacturing market statistics, including aerospace and defense additive manufacturing industry global market size, regional shares, competitors with an aerospace and defense additive manufacturing market share, detailed aerospace and defense additive manufacturing market segments, market trends, and opportunities, and any further data you may need to thrive in the aerospace and defense additive manufacturing industry. This aerospace and defense additive manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aerospace and defense additive manufacturing market consists of revenues earned by entities by providing material extrusion, sheet lamination, binder jetting, material jetting, directed energy deposition, powder bed fusion, and vat photopolymerization. The market value includes the value of related goods sold by the service provider or included within the service offering. The aerospace & defense additive manufacturing market also includes of sale of radio frequency hardware, propulsion systems, heat exchangers, casting patterns, and engine components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aerospace and defense additive manufacturing market size is expected to see rapid growth in the next few years. It will grow to $10.08 billion in 2029 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to increased adoption of am technology, advancements in material science, complex part production, industry 4 integration, digital twin implementation. Major trends in the forecast period include scaled production of critical parts, am materials development, automation and robotics in am, post-processing advancements, 3d printing electronics integration.
The anticipated rise in government expenditure within the defense sector is poised to be a significant catalyst for the advancement of the aerospace and defense additive manufacturing market. Defense spending encompasses allocations for weaponry, operations, maintenance, personnel, and specific military gear. With increased investments in defense, additive manufacturing stands to benefit from amplified research and development endeavors, fostering progress in materials, processes, and quality control. Such advancements are expected to expedite the adoption of additive manufacturing technologies, subsequently leading to augmented productivity, bolstered resilience in supply chains, and a surge in innovation within the aerospace and defense industries. Notably, in March 2023, the United States Air Force (USAF) disclosed a budget request of approximately $215.1 billion for fiscal year (FY) 2024, marking a substantial $9.3 billion or 4.5% rise from the preceding FY 2023 figure. Thus, the escalating government spending in the defense sector serves as a driving force behind the growth of the aerospace and defense additive manufacturing market.
The upward trajectory of air passenger traffic is poised to propel the expansion of the aerospace and defense additive manufacturing market. Air passenger traffic denotes the count of individuals traveling via air transport within a defined timeframe, predominantly calculated based on commercial flight boardings. Embracing aerospace and defense additive manufacturing technologies holds the potential to positively impact air passenger traffic by enhancing aircraft efficiency, innovation, fuel economy, and cost-effectiveness while ensuring the reliability and sustainability of air travel operations. As observed in October 2022, statistics from the International Air Transport Association (IATA) revealed a surge in traffic for Asia-Pacific airlines, registering a notable 98.5% increase in August 2023 compared to the same period in 2022. This growth solidifies their position as the leading airline segment in the region. Concurrently, European carriers experienced a 13.6% rise in August 2023 compared to the preceding year, indicating a significant surge in air passenger traffic. Consequently, the burgeoning air passenger traffic serves as a driving factor propelling the growth of the aerospace and defense additive manufacturing market.
Technological advancements are a significant trend gaining traction in the aerospace and defense additive manufacturing market. Major companies in this sector are concentrating on creating innovative product solutions to enhance their market position. For example, in June 2023, Aerojet Rocketdyne Holdings Inc., a US-based aerospace and defense products and systems firm, in collaboration with The National Aeronautics and Space Administration (NASA), a US government agency, announced the successful completion of a series of certification tests for the new RS-25 production engines, which will power NASA’s Space Launch System (SLS) for upcoming Artemis missions, including Artemis V. This certification campaign, which included 12 hot-fire tests, confirmed the engines' reliability and performance, ensuring they meet the required standards for future space exploration missions. The newly produced engines are set to be delivered to NASA in 2024 and will make their debut during the Artemis V mission.
Major entities in the aerospace and defense additive manufacturing sector are strategically focusing on pioneering products such as industrial-grade 3D printers to bolster their market revenues. An exemplary instance occurred in November 2022, when Wipro 3D, a division of Wipro Limited, an India-based additive manufacturing business unit, launched the Wipro 3D F300-2. This state-of-the-art 3D printer, leveraging fused filament fabrication (FFF) technology, targets educational institutions, industries, engineering firms, and R&D centers. The F300-2 boasts remote monitoring and control capabilities accessible via internet-enabled devices, ensuring operational ease and flexibility. Engineered with safety features such as dual filtration, a self-cleaning nozzle, a magnetic print bed, and automatic platform leveling, this printer ensures high-quality 3D printing while prioritizing user safety. Its exceptional accuracy, speed, and adaptability, coupled with user-friendly functionalities, position the Wipro 3D F300-2 as a premium polymer 3D printer, promising superior print quality and hassle-free operation.
In October 2022, GKN Aerospace Ltd., a UK-based company specializing in automotive and aerospace components, successfully acquired Permanova Lasersystem AB for an undisclosed amount. This strategic acquisition enhances GKN Aerospace's capabilities in additive fabrication, particularly in the field of large-scale additive manufacturing (AM) industrialization. The acquisition is expected to facilitate significant future business growth for GKN Aerospace. Permanova Lasersystem AB, based in Sweden, is recognized for producing robotic laser systems for metalworking in the engineering sector. The company employs modern 3D printing technology to develop robust, lightweight, and environmentally friendly alternatives to traditional castings and forgings. The acquisition aligns with GKN Aerospace's objectives to strengthen its position in the additive manufacturing space and advance its offerings in the aerospace sector.
Major companies operating in the aerospace and defense additive manufacturing market include General Electric Company, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems, Safran SA, Rolls-Royce Holdings, Honeywell Aerospace, Siemens Digital Industries Software, OC Oerlikon Corporation AG, Moog Inc., Aerojet Rocketdyne Holdings Inc., Carpenter Technology Corporation, Renishaw plc, GKN Aerospace, Stratasys Ltd., EOS GmbH, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., SLM Solutions Group AG, Optomec Inc., Sintavia, Additive Industries, Optisys LLC, CRP Technology SRL, BeAM Machines Inc.
North America was the largest region in the aerospace and defense additive manufacturing market in 2024. The regions covered in the aerospace and defense additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace and defense additive manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Aerospace and defense additive manufacturing involves the application of 3D printing technology to fabricate parts and components for the aerospace and military sectors. This technology is employed to create components with intricate geometries, parts with enhanced performance characteristics, repair or replace broken parts, foster innovation, and generate prototypes for research and development purposes.
The primary types of aerospace and defense additive manufacturing technologies include direct metal laser sintering (DMLS), fused deposition modeling (FDM), continuous liquid interface production (CLIP), stereolithography (SLA), selective laser sintering (SLS), and others. Direct metal laser sintering (DMLS) is a specific form of additive manufacturing in which metal powder is fused together layer by layer, utilizing a laser, to form a solid 3D object. These technologies utilize various materials such as metals, plastics, rubbers, and others. Aerospace and defense additive manufacturing find application in various platforms, including aviation, defense, and space. They are utilized for a range of applications, such as engine components, space components, structural components, defense components, and more.
The aerospace and defense additive manufacturing market research report is one of a series of new reports that provides aerospace and defense additive manufacturing market statistics, including aerospace and defense additive manufacturing industry global market size, regional shares, competitors with an aerospace and defense additive manufacturing market share, detailed aerospace and defense additive manufacturing market segments, market trends, and opportunities, and any further data you may need to thrive in the aerospace and defense additive manufacturing industry. This aerospace and defense additive manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aerospace and defense additive manufacturing market consists of revenues earned by entities by providing material extrusion, sheet lamination, binder jetting, material jetting, directed energy deposition, powder bed fusion, and vat photopolymerization. The market value includes the value of related goods sold by the service provider or included within the service offering. The aerospace & defense additive manufacturing market also includes of sale of radio frequency hardware, propulsion systems, heat exchangers, casting patterns, and engine components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aerospace and Defense Additive Manufacturing Market Characteristics3. Aerospace and Defense Additive Manufacturing Market Trends and Strategies4. Aerospace and Defense Additive Manufacturing Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Aerospace and Defense Additive Manufacturing Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Aerospace and Defense Additive Manufacturing Market34. Recent Developments in the Aerospace and Defense Additive Manufacturing Market
5. Global Aerospace and Defense Additive Manufacturing Growth Analysis and Strategic Analysis Framework
6. Aerospace and Defense Additive Manufacturing Market Segmentation
7. Aerospace and Defense Additive Manufacturing Market Regional and Country Analysis
8. Asia-Pacific Aerospace and Defense Additive Manufacturing Market
9. China Aerospace and Defense Additive Manufacturing Market
10. India Aerospace and Defense Additive Manufacturing Market
11. Japan Aerospace and Defense Additive Manufacturing Market
12. Australia Aerospace and Defense Additive Manufacturing Market
13. Indonesia Aerospace and Defense Additive Manufacturing Market
14. South Korea Aerospace and Defense Additive Manufacturing Market
15. Western Europe Aerospace and Defense Additive Manufacturing Market
16. UK Aerospace and Defense Additive Manufacturing Market
17. Germany Aerospace and Defense Additive Manufacturing Market
18. France Aerospace and Defense Additive Manufacturing Market
19. Italy Aerospace and Defense Additive Manufacturing Market
20. Spain Aerospace and Defense Additive Manufacturing Market
21. Eastern Europe Aerospace and Defense Additive Manufacturing Market
22. Russia Aerospace and Defense Additive Manufacturing Market
23. North America Aerospace and Defense Additive Manufacturing Market
24. USA Aerospace and Defense Additive Manufacturing Market
25. Canada Aerospace and Defense Additive Manufacturing Market
26. South America Aerospace and Defense Additive Manufacturing Market
27. Brazil Aerospace and Defense Additive Manufacturing Market
28. Middle East Aerospace and Defense Additive Manufacturing Market
29. Africa Aerospace and Defense Additive Manufacturing Market
30. Aerospace and Defense Additive Manufacturing Market Competitive Landscape and Company Profiles
31. Aerospace and Defense Additive Manufacturing Market Other Major and Innovative Companies
35. Aerospace and Defense Additive Manufacturing Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Aerospace and Defense Additive Manufacturing Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aerospace and defense additive manufacturing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for aerospace and defense additive manufacturing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aerospace and defense additive manufacturing market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Technology: Direct Metal Laser Sintering (DMLS); Fused Deposition Modeling (FDM); Continuous Liquid Interface Production (CLIP); Stereolithography (SLA); Selective Laser Sintering (SLS); Other Technologies2) By Material: Metal; Plastic; Rubber; Other Materials
3) By Platform: Aviation; Defense; Space
4) By Application: Engine Component; Space Component; Structural Component; Defense Equipment; Other Application
Subsegments:
1) By Direct Metal Laser Sintering (DMLS): Titanium Alloys; Aluminum Alloys; Stainless Steel2) By Fused Deposition Modeling (FDM): Thermoplastic Materials; Composite Filaments
3) By Continuous Liquid Interface Production (CLIP): Resin-Based Materials; Elastomers
4) By Stereolithography (SLA): Standard Resins; Engineering Resins; Bio-Compatible Resins
5) By Selective Laser Sintering (SLS): Nylon Powder; Metal Powders; Composite Powders
6) By Other Technologies: Electron Beam Melting (EBM); Laminated Object Manufacturing (LOM); Binder Jetting
Key Companies Mentioned: General Electric Company; Raytheon Technologies Corporation; the Boeing Company; Lockheed Martin Corporation; Airbus SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- General Electric Company
- Raytheon Technologies Corporation
- The Boeing Company
- Lockheed Martin Corporation
- Airbus SE
- Northrop Grumman Corporation
- BAE Systems
- Safran SA
- Rolls-Royce Holdings
- Honeywell Aerospace
- Siemens Digital Industries Software
- OC Oerlikon Corporation AG
- Moog Inc.
- Aerojet Rocketdyne Holdings Inc.
- Carpenter Technology Corporation
- Renishaw plc
- GKN Aerospace
- Stratasys Ltd.
- EOS GmbH
- 3D Systems Corporation
- Proto Labs Inc.
- Materialise NV
- Desktop Metal Inc.
- SLM Solutions Group AG
- Optomec Inc.
- Sintavia
- Additive Industries
- Optisys LLC
- CRP Technology SRL
- BeAM Machines Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 5.23 Billion |
Forecasted Market Value ( USD | $ 10.08 Billion |
Compound Annual Growth Rate | 17.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |