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Aerospace Additive Manufacturing Market worth $11.19 billion by 2030, growing at a CAGR of 14.67% - Exclusive Report by 360iResearch
Aerospace Additive Manufacturing Market | 360iResearch
The Global Aerospace Additive Manufacturing Market to grow from USD 4.29 billion in 2023 to USD 11.19 billion by 2030, at a CAGR of 14.67%.
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Aerospace additive manufacturing (AAM) refers to creating aerospace components or tools utilizing 3D printing technologies that layer materials, such as plastics, metals, or composites, to build intricate and lightweight structures from digital models. This manufacturing approach enables the production of complex geometries that are either too difficult or too costly to achieve with traditional subtractive manufacturing processes, thus becoming increasingly pivotal in the design and production of aerospace components. A key driver of AAM is the quest for reduced weight and increased efficiency in aerospace design, which translates into fuel savings and lower emissions. The ability to consolidate parts into single, complex assemblies minimizes the need for multiple components and fasteners, streamlining the supply chain However, the adoption of AAM is hampered by the stringent certification and testing requirements intrinsic to the aerospace industry, which can slow down the integration of AM-produced parts. The high initial investment in AM equipment and the requirement for specialized training are additional impediments. Moreover, continuous advancements in AM technology are expanding the range of suitable materials and improving precision and strength outcomes, fostering innovation. . Customization possibilities present additional opportunities, as parts can be tailored to specific applications without the need for costly retooling. The drive for sustainable and environmentally friendly manufacturing processes bolsters the appeal of AAM, positioning it as a transformative force within the aerospace sector.
Market Segmentation & Coverage:
This research report categorizes the Aerospace Additive Manufacturing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Platform, market is studied across Aircraft, Spacecraft, and Unmanned Aerial Vehicle. The Spacecraft is projected to witness significant market share during forecast period.
Based on Technology, market is studied across 3D Printing, Electron Beam Melting, Fused Deposition Modeling, Laser Sintering, Selective Laser Melting, and Stereolithography. The Selective Laser Melting is projected to witness significant market share during forecast period.
Based on Material Type, market is studied across Metal Alloy, Plastic, and Rubber. The Plastic is projected to witness significant market share during forecast period.
Based on Application, market is studied across Application, Engine, and Structural. The Application is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Aerospace Additive Manufacturing Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Aerospace Additive Manufacturing Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Aerospace Additive Manufacturing Market, highlighting leading vendors and their innovative profiles. These include 3D CERAM, 3D Systems, Inc., Autodesk, Inc., Carpenter Technology Corporation, CRP USA, LLC, Dassault Systemes S.E., Desktop Metal, Inc., EOS GmbH, Eplus3D Tech GmbH, Essentium Inc., General Electric Company, Hoganas AB, HP Development Company, L.P., Markforged, Inc.,, Materialise NV, OC Oerlikon Management AG, Optomec, Inc., ProdWays Group, Proto Labs, inc., Renishaw PLC, Shapeways, Inc., Siemens AG, Singapore Technologies Engineering Ltd, SLM Solutions Group AG, and Stratasys, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aerospace Additive Manufacturing Market, by Platform
7. Aerospace Additive Manufacturing Market, by Technology
8. Aerospace Additive Manufacturing Market, by Material Type
9. Aerospace Additive Manufacturing Market, by Application
10. Americas Aerospace Additive Manufacturing Market
11. Asia-Pacific Aerospace Additive Manufacturing Market
12. Europe, Middle East & Africa Aerospace Additive Manufacturing Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Aerospace Additive Manufacturing Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aerospace Additive Manufacturing Market?
3. What is the competitive strategic window for opportunities in the Aerospace Additive Manufacturing Market?
4. What are the technology trends and regulatory frameworks in the Aerospace Additive Manufacturing Market?
5. What is the market share of the leading vendors in the Aerospace Additive Manufacturing Market?
6. What modes and strategic moves are considered suitable for entering the Aerospace Additive Manufacturing Market?
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