Military 3D Printing Market Analysis, Trends, Growth, Research And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Military 3D Printing Global Market Report 2023 identifies rising government investment in defense
as the major driver for the military 3D printing market's growth in the forecast period. Government investments refer to money used by the public sector for the purchase of products and the delivery of services including defense, social protection, healthcare, and education. Governments are investing in 3D printing technology for the military as it can reduce lead times and reduce costs.

The global military 3D printing market size is expected to grow from $1.19 billion in 2022 to $1.51 billion in 2023 at a compound annual growth rate (CAGR) of 27.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global military 3D printing market size is expected to reach $3.79 billion in 2027 at a CAGR of 25.8%.

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Major competitors in the military 3D printing market are Stratasys Ltd., 3D Systems Corporation, EOS GmbH, Arcam AB, Norsk Titanium AS, American Elements, Cimetrix Solutions, Artec Europe,

A key trend in the military 3D printing market includes technological advancement. Major companies operating in the military 3D printing market are focusing on developing new 3D printing technologies to accommodate new materials for making better equipment for the military. For instance, in January 2021, Naval Group, a France-based arms industry company, specializing in naval defense design, development, and construction, launched a new-generation propeller with a metal 3D printing process. It is the largest metal 3D-printed thruster manufactured and the first propeller resulting from this using wire arc additive manufacturing (WAAM) technology.


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The military 3D printing market is segmented -
• By Type: Printer, Material, Software, Service

• By Process: Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion, Vat Photopolymerization, Sheet Lamination

• By Application: Functional Part Manufacturing, Tooling, Prototyping

• By End-Use: Army, Navy, Airforce

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the military 3D printing market.

The Business Research Company's "Global Military 3D Printing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Military 3D Printing Market Include:
1. Executive Summary
2. Military 3D Printing Market Characteristics
3. Military 3D Printing Market Trends And Strategies
4. Military 3D Printing Market - Macro Economic Scenario
5. Military 3D Printing Market Size And Growth

……
26. Africa Military 3D Printing Market
27. Military 3D Printing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Military 3D Printing Market
29. Military 3D Printing Market Future Outlook and Potential Analysis
30. Appendix

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