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Aerospace 3D Printing Market Global Forecast Report by Offerings, Application, End Use, Countries and Company Analysis 2025-2033

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    Report

  • 120 Pages
  • November 2024
  • Region: Global
  • Renub Research
  • ID: 6026779

The Global Aerospace 3D Printing Market will reach US$ 15.35 billion by 2033, up from US$ 3.26 billion in 2024, with a CAGR of 18.79% between 2025 and 2033. Few of the key drivers driving the market include the expanding demand for lightweight and fuel-efficient aircraft, the growing number of initiatives aimed at lowering aircraft carbon emissions, and the growing investments made by national governing bodies in bolstering their defense industries.

Global Aerospace 3D Printing Industry Overview

The method of creating different three-dimensional airplane parts with 3D printers is known as aerospace 3D printing. In order to construct a sturdy aircraft structure, a composite material is deposited layer by layer using a 3D printer in an additive manufacturing process. By allowing for a great deal of modification in accordance with client needs, it also assists engineers and designers in producing creative prototypes. It helps to avoid raw material waste because it doesn't produce any excess or surplus items, which are common with series production.

Currently, one of the key reasons driving the market expansion is the growing demand for aerospace 3D printing due to its effectiveness, efficiency, and time-saving nature. Additionally, the business is developing as more airports are constructed to link locations across the globe and boost the number of daily flights. Additionally, by integrating effective fighter jets, the governments of some nations are investing in bolstering their military and defense industries. In addition, a positive market outlook is being provided by the expanding use of commercial drones for surveillance, photo capture, and traffic management. Furthermore, because 3D printing makes it possible to personalize prototypes and create parts at lower costs, its growing popularity is fostering the expansion of the market.

Driving Forces of Aerospace 3D Printing Market

The market for aerospace 3D printing is being positively impacted by the growing demand for lightweight aircraft components.

The manufacturing of lightweight aircraft parts has increased since they contribute to an aircraft's increased efficiency. Additionally, they support the green aviation idea, which aims to cut down on aviation emissions that contribute to global warming and other adverse environmental effects. Lightweight aircraft parts made with aerospace 3D printing contribute to an aircraft's reduced overall mass, increased energy efficiency, and decreased fuel consumption rates. Additionally, the aircraft industry is seeing a rise in demand for them due to their reduced carbon footprint, increased structural strength, and improved safety performance.

Growing industrial process automation is boosting market expansion

The automation of industrial processes is increasing at the moment since it saves time and avoids needless mistakes. Instead of hiring humans to perform their jobs, businesses are switching from traditional manufacturing procedures to automated manufacturing methods, which use software to carry out the entire process. In a similar vein, aerospace businesses are spending money on aerospace 3D printing, an additive manufacturing technique used to create a variety of strong and lightweight aircraft and spacecraft components. Computer-aided design (CAD) software controls the automated process of aerospace 3D printing, which produces three-dimensional components on demand.

Furthermore, the strategic importance and potentially revolutionary potential of 3D printing in revolutionizing aircraft design, production, and maintenance are confirmed by other noteworthy contract awards, such as Lockheed Martin's partnership with the Department of Defense. For example, ASTRO America and The Boeing Company are getting ready to test a 3D-printed main rotor assembly for the AH-64 Apache attack helicopter next spring in October 2023. The innovative rotor link assembly streamlines supply chain efficiency by reducing customary lead times from a year to only eight hours using the largest 3D metal printer in the world.

Growing use of composite materials is driving market expansion.

When two or more components with differing qualities are combined without dissolving or merging into one another, composite materials are created. They consist of polyamide, polypropylene, carbon fiber, and aramid-reinforced epoxy. They are extensively used in the aerospace sector to use aerospace 3D printing to create a variety of aircraft and spacecraft components. They improve the performance of airplanes and spacecraft, provide effective tensile strength, and lessen the total weight of different aircraft elements. They are mostly used in 3D printing technology to improve certain aspects of the produced parts, like durability, rigidity, and heat resistance. Additionally, composite materials are becoming more and more popular for 3D printing in the aerospace industry as their increased particle content lowers thermal expansion coefficients.

Aerospace 3D Printing Market Overview by Regions

The market for aircraft 3D printing is expanding quickly in North America, Europe, Asia Pacific, the Middle East, and Latin America due to developments in additive manufacturing technologies. Key factors include reduced production costs, faster prototyping, lightweight component production, and increased adoption for both commercial and military applications. The following provides a market overview by region:

United States Aerospace 3D Printing Market

The aerospace industry's growing emphasis on digitization and industry 4.0 efforts is fueling the market's expansion. Rapid iteration, prototyping, and customization of aerospace components are made possible by additive manufacturing, which makes digital design and manufacturing workflows possible. This digital strategy promotes communication between designers, engineers, and manufacturers, accelerating product development cycles and enabling speedier time-to-market for new airplanes and spacecraft. A key element of American aerospace industries' digital transformation plan for increasing efficiency and competitiveness in the global market is additive manufacturing.

Furthermore, innovation in the US aerospace 3D printing business is being fueled by investments in R&D and cutting-edge technologies. Adoption is accelerated by increased public and private sector support, which also increases production capacity and improves efficiency. For instance, in April 2024, to improve real-time fault detection in additive manufacturing, Relativity Space and the US Air Force Research Lab inked a USD 8.7 million deal. In line with the National Defense Authorization Act's directives to expedite the manufacture of aerospace components, this two-year initiative improves quality control in large-scale metal 3-D printing. Furthermore, with more than USD 150 million allocated to additive manufacturing equipment, GE Aerospace made over USD 650 million in manufacturing and supply chain investments. This comprises USD 100 million for the base of US-based suppliers, USD 450 million for new equipment and facility renovations at 22 locations across 14 states, and an additional USD 100 million for foreign locations in North America, Europe, and India.

India Aerospace 3D Printing Market

The use of 3D printing in the aerospace sector is being mostly driven by the Indian government's efforts to support homegrown production and technological advancement. The goals of initiatives like ""Make in India"" and ""Atmanirbhar Bharat"" are to increase domestic manufacturing and lessen reliance on imports. By providing an economical and effective means of domestically creating aerospace components, 3D printing supports these ambitions and the nation's strategic objectives.

Furthermore, with firms in Bangalore, Chennai, Mumbai, and Visakhapatnam creating vital components for the aerospace and defense industries, India is progressively increasing its use of 3D printing technology. Hindustan Aeronautics Limited (HAL), the Indian Navy, the Air Force, and the Indian Space Research Organization (ISRO) are among the customers. As a result, the expanding use of 3D printing in the defense and aerospace industries propels regional market expansion.

United Kingdom Aerospace 3D Printing Market

The need for more effective, lightweight, and customized components is fueling the rapid growth of the aerospace 3D printing business in the United Kingdom. By enabling the creation of intricate geometries that are impossible to accomplish with conventional techniques, additive manufacturing is transforming the industry while cutting down on production time and material waste. Leading aerospace companies like Rolls-Royce, BAE Systems, and Airbus are based in the UK, and they are all using 3D printing more and more for production components, tooling, and prototypes. Aerospace applications are increasingly relying on advanced materials such composite-based filaments, titanium, and aluminum. The UK is establishing itself as a major player in the aerospace 3D printing market, serving both the commercial and defense sectors, thanks to the government's encouragement of innovation and sustainability.

Saudi Arabia Aerospace 3D Printing Market

Due to Saudi Arabia's strategic goal of diversifying its economy and investing in cutting-edge manufacturing technology, the country's aerospace 3D printing sector is expanding quickly. In industries like aerospace, where 3D printing is viewed as a critical enabler for creating lightweight, high-performance components with shortened manufacturing times and lower prices, the government's Vision 2030 initiative encourages innovation. Additive manufacturing is being used more and more by Saudi organizations and businesses for both prototype development and spare part production. The market is growing as a result of the expansion of aerospace behemoths like Boeing and Lockheed Martin in the area. Furthermore, Saudi Arabia is putting money into R&D and infrastructure to become a center for Middle Eastern aerospace industry, establishing 3D printing as an essential technology for future innovation.

Offerings- Industry is divided into 4 viewpoints:

1. Materials
2. Printers
3. Software
4. Services

Printing Technology- Industry is divided into 6 viewpoints:

1. Direct Metal Laser Sintering (DMLS)
2. Fused Deposition Modeling (FDM)
3. Continuous Liquid Interface Production (CLIP)
4. Selective Laser Melting (SLM)
5. Selective Laser Sintering (SLS)
6. Others

Platform- Industry is divided into 3 viewpoints:

1. Aircraft
2. Unmanned Ariel Vehicles (UAV)
3. Spacecraft

Application- Industry is divided into 3 viewpoints:

1. Engine Component
2. Space Component
3. Structural Component

End Use- Industry is divided into 2 viewpoints:

1. OEM
2. MRO

Countries- Industry is divided into 25 viewpoints:

North America

  • United States
  • Canada

Europe

  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Belgium
  • Netherlands
  • Turkey

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • Malaysia
  • Indonesia
  • New Zealand

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • United Arab Emirates

All companies have been covered with 5 Viewpoints

1. Overview
2. Key Persons
3. Recent Development & Strategies
4. Product Portfolio
5. Financial Insights

Company Analysis

1. 3D Systems Inc.
2. General Electric Company
3. Markforged
4. Proto Labs
5. SLM Solutions Group AG (Nikon AM. AG)
6. Stratasys Ltd.
7. The ExOne Company (Desktop Metal)
8. VoxelJet AG

Table of Contents

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Aerospace 3D Printing Market
6. Market Share Analysis
6.1 Offerings
6.2 Printing Technology
6.3 Platform
6.4 Application
6.5 End Use
6.6 Country
7. Offerings
7.1 Materials
7.2 Printers
7.3 Software
7.4 Services
8. Printing Technology
8.1 Direct Metal Laser Sintering (DMLS)
8.2 Fused Deposition Modeling (FDM)
8.3 Continuous Liquid Interface Production (CLIP)
8.4 Selective Laser Melting (SLM)
8.5 Selective Laser Sintering (SLS)
8.6 Others
9. Platform
9.1 Aircraft
9.2 Unmanned Ariel Vehicles (UAV)
9.3 Spacecraft
10. Application
10.1 Engine Component
10.2 Space Component
10.3 Structural Component
11. End User
11.1 OEM
11.2 MRO
12. Country
12.1 North America
12.1.1 United States
12.1.2 Canada
12.2 Europe
12.2.1 France
12.2.2 Germany
12.2.3 Italy
12.2.4 Spain
12.2.5 United Kingdom
12.2.6 Belgium
12.2.7 Netherlands
12.2.8 Turkey
12.3 Asia Pacific
12.3.1 China
12.3.2 Japan
12.3.3 India
12.3.4 Australia
12.3.5 South Korea
12.3.6 Thailand
12.3.7 Malaysia
12.3.8 Indonesia
12.3.9 New Zealand
12.4 Latin America
12.4.1 Brazil
12.4.2 Mexico
12.4.3 Argentina
12.5 Middle East & Africa
12.5.1 South Africa
12.5.2 Saudi Arabia
12.5.3 UAE
13. Porter’s Five Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Rivalry
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14. SWOT Analysis
14.1 Strength
14.2 Weakness
14.3 Opportunity
14.4 Threat
15. Company Analysis
15.1 3D Systems Inc.
15.1.1 Overview
15.1.2 Key Persons
15.1.3 Recent Development & Strategies
15.1.4 Product Portfolio
15.1.5 Financial Insights
15.2 General Electric Company
15.2.1 Overview
15.2.2 Key Persons
15.2.3 Recent Development & Strategies
15.2.4 Product Portfolio
15.2.5 Financial Insights
15.3 Markforged
15.3.1 Overview
15.3.2 Key Persons
15.3.3 Recent Development & Strategies
15.3.4 Product Portfolio
15.3.5 Financial Insights
15.4 Proto Labs
15.4.1 Overview
15.4.2 Key Persons
15.4.3 Recent Development & Strategies
15.4.4 Product Portfolio
15.4.5 Financial Insights
15.5 SLM Solutions Group AG (Nikon AM. AG)
15.5.1 Overview
15.5.2 Key Persons
15.5.3 Recent Development & Strategies
15.5.4 Product Portfolio
15.5.5 Financial Insights
15.6 Stratasys Ltd.
15.6.1 Overview
15.6.2 Key Persons
15.6.3 Recent Development & Strategies
15.6.4 Product Portfolio
15.6.5 Financial Insights
15.7 The ExOne Company (Desktop Metal)
15.7.1 Overview
15.7.2 Key Persons
15.7.3 Recent Development & Strategies
15.7.4 Product Portfolio
15.7.5 Financial Insights
15.8 VoxelJet AG
15.8.1 Overview
15.8.2 Key Persons
15.8.3 Recent Development & Strategies
15.8.4 Product Portfolio
15.8.5 Financial Insights

Companies Mentioned

  • 3D Systems Inc.
  • General Electric Company
  • Markforged
  • Proto Labs
  • SLM Solutions Group AG (Nikon AM. AG)
  • Stratasys Ltd.
  • The ExOne Company (Desktop Metal)
  • VoxelJet AG

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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