openPR Logo
Press release

Aerospace Additive Manufacturing Industry 2018 Analysis by Manufacturing Working Group Stratasys, EOS, GE Additive, 3D System, ExOne, Arcam AB, ATI, CRS Holdings Inc., Concept Laser, CRP Technology S.R.L, SLM Solutions

09-25-2018 09:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Aerospace Additive Manufacturing Industry 2018 Analysis

Industry Overview

The global aerospace additive manufacturing market is anticipated to expand at a 20% CAGR from 2017 to 2023 (forecast period), according to a report by Market Research Future (MRFR). Additive manufacturing (AM) or 3D printing refers to process or processes used in manufacturing three-dimensional objects. Demand for economically-priced materials to combat the expensive nature of raw materials used in producing components is expected to drive market growth during the forecast period.

Demand for short production time, lightweight components, and low fuel consumption are factors driving the aerospace additive manufacturing market. The aerospace industry has been heavily dependent on composite materials for its production needs. Early adoption of 3D printing by the industry to produce complex parts will provide it with an undue advantage over other industries. Increasing fleets of airlines and high frequency of air travel are estimated to boost market volume over the forecast period.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/1551

Major Key Players

3D Systems (U.S.),
Arcam AB (Sweden),
EOS (Germany),
ExOne (U.S.),
Stratasys (U.S.),
ATI (U.S.),
Carpenter Technology (U.S.),
Concept laser (U.S.),
CRP Technology (Italy),
Optomec (U.S.), Proto Labs (U.S.), Renishaw Plc. (U.K.), SLM Solutions (Germany), and Voxeljet (Germany) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global aerospace additive manufacturing market.

March 2018 – EOS announced the sale of two of its flagship printers to Morf3D, a cutting-edge additive design, and manufacturing company. EOS technology would be used by Morf3D to manufacture the flight hardware for Boeing and Honeywell.
September 2017 – Arcam AB have opened state-of-the-art powder manufacturing facility in Quebec, Canada.

Segmentation:

For the convenience of the report and enhanced understanding; The Aerospace Additive Manufacturing Market is segmented in to 2 key dynamics
Segmentation by Technology: 3D Printing, Laser Sintering, Stereo Lithography, Fused Deposition Modeling, and Electron Beam Melting.
Segmentation by Regions: Comprises Geographical regions - Americas (North & Latin)
, Europe, APAC and Middle East & Africa.

Competitive Analysis

Aerospace industry is one of the early adopter of AM technology. It is also one of the single largest major market segment, currently constituting 12% of the total AM market. The major turning point for the increased adoption of AM in the aerospace industry has been the increased penetration of improved metal-based AM system since 2011. These industrial grade AM systems provide a relatively better advantages in terms of build speed, cost and materials rationalization. Also, AM is regarded as the disruptive force that will lead the future of manufacturing, as it offers new ground for innovation, logistical advantages, and on-demand product manufacturing capability.
Also major aerospace companies such as Boeing, Airbus and GE are actively involved in AM. In 2012, GE bought AM Morris Technologies, one of the biggest metal AM companies in the world. The company has ramped up AM manufacturing for aero engine parts. Increasing sales of AM systems, materials, technological advances, and increased use of AM for various aerospace parts indicate a rapid growth in aerospace additive manufacturing market.

Get Complete Report @ https://www.marketresearchfuture.com/reports/aerospace-additive-manufacturing-market-1551

Region Analysis
US also has an advanced aerospace manufacturing base and spends a substantial amount on large R&D projects. However, the traditional manufacturing base are slowly shifting towards the APAC region, because of competitive and low-cost manufacturing capability in APAC. AM provides an important opportunity to the US to develop the high-tech manufacturing capability, and revive the competitiveness and market potential of the US manufacturing industry. Despite the current limitations of AM in terms of large scale production capability, AM provides unique opportunities to the aerospace sector, mainly to produce low-volume, and highly complex products.

Many companies have realized the superior benefits of AM in comparison to the conventional manufacturing, and have employed AM to achieve supply chain efficiencies, and reduced time-to-market. As a result, AM has received the much needed attention in policy as well as manufacturing circles in the US.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aerospace Additive Manufacturing Industry 2018 Analysis by Manufacturing Working Group Stratasys, EOS, GE Additive, 3D System, ExOne, Arcam AB, ATI, CRS Holdings Inc., Concept Laser, CRP Technology S.R.L, SLM Solutions here

News-ID: 1259901 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Additive

Prominent Additive Manufacturing Market Trend for 2025: Development of Digital A …
Which drivers are expected to have the greatest impact on the over the additive manufacturing market's growth? The additive manufacturing market is set to flourish due to the surging demands for 3D printing. This term refers to the process of making three-dimensional solid objects from electronic files. 3D printing brings cost-effectiveness and flexibility to additive manufacturing, specifically in manufacturing personalized components and planning before an operation. For example, AZoNetwork UK Ltd.,
Metal Additive Manufacturing Systems Market to See Huge Growth by 2030 | Renisha …
Advance Market Analytics published a new research publication on "Metal Additive Manufacturing Systems Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Metal Additive Manufacturing Systems market was mainly driven by the increasing R&D spending across the world. Get inside Scoop
Additive Masterbatch Market Report 2024 - Additive Masterbatch Market Size, Shar …
"The Business Research Company recently released a comprehensive report on the Global Additive Masterbatch Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Medicated Bath Additive Market Report 2024 - Medicated Bath Additive Market Grow …
"The Business Research Company recently released a comprehensive report on the Global Medicated Bath Additive Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The medicated bath
Laser Additive Manufacturing Market Is Booming Worldwide| GE Additive, Autodesk, …
Advance Market Analytics published a new research publication on "Laser Additive Manufacturing Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Laser Additive Manufacturing market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample
Aquaculture Additive Market
The Insight Partners analysts forecasts the latest report on “Global Aquaculture Additive Market (Covid-19) Impact and Analysis by 2027”, according to report; The Aquaculture Additive Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Aquaculture Additive Market. The COVID-19 outbreak is currently going the world