Military 3D Printing Market to Witness Robust Expansion Throughout the Forecast Period 2021 - 2026

The Military 3D Printing Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.

Some key takeaways from this report –
The report offers key drivers that trigger the growth in the Military 3D Printing Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

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The research offers segment wise analysis of the Military 3D Printing Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.

Military 3D Printing Market Share: By Offering Type
Based on the offering type, the market is segmented as printer, material, software, and service. The printer segment is estimated to remain dominant in the coming five years, owing to the growing demand for 3D printed components from various OEMs in the defense sector.

Military 3D Printing Market Share: By Platform Type
Based on the platform type, the market is segmented as airborne, land, naval, and space. The airborne segment is projected to register the highest growth during the forecast period. This growth is attributed to the augmenting employment of 3D printing technology to process lightweight and durable components of aircraft and drones.

Military 3D Printing Market Share: By Application Type
Based on the application type, the market is segmented as prototyping, functional part manufacturing, and tooling. 3D printing or additive manufacturing aids develop prototypes and models from 3D Computer-aided Design (CAD). OEMs in the defense sector are attentive on the acceptance of 3D printing technology to engineer intricate parts with minimal wastage. The necessity to manufacture financially viable prototypes in accordance with the specific customer requirements is one of the most significant influencers expected to boost the growth of the prototyping segment during the forecast period.

Military 3D Printing Market Share: By Process Type
Based on the process type, the market is segmented as powder bed fusion, material extrusion, vat photopolymerization, material jetting, binder jetting, direct energy deposition, and sheet lamination. The direct energy deposition segment is expected to witness the highest growth during the forecast period. This growth is owing to the requirement for printing small-to-medium sized and highly-intricate operational components of defense equipment.

Military 3D Printing Market Share: By Region
In terms of regions, the North American region dominated the military 3D printing market in 2018. The growing applicability of 3D printing technology in diverse industries, such as aerospace, chemicals, and automotive, in North America is one of the most contributing factors expected to stimulate the growth of the global military 3D printing market in this region, in the coming five years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players
The following are the key players in the Military 3D Printing Market-
• Arcam AB
• Artec 3D
• Cimetrix Solutions
• 3D Systems Corporation
• 3T RPD
• EOS GmbH
• Engineering & Manufacturing Services
• Norsk Titanium as
• Optomec
• Stratasys, Ltd.

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This release was published on openPR.