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The Need to Reduce Disruptions in the Supply Chain Encourages Global Additive Manufacturing in Defense & Aerospace Market Growth

03-14-2024 11:32 AM CET | Aerospace & Defense

Press release from: Inkwood Research

ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET

ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET

In its latest report, Inkwood Research anticipates the Global Additive Manufacturing in Aerospace & Defense Market to surge with a 20.48% CAGR during the assessment period, 2023-2032.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/additive-manufacturing-in-aerospace-and-defense-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

The France additive manufacturing in aerospace & defense market growth is anticipated to progress at a CAGR of 20.39% during the forecast period, 2023-2030, and is set to reach a revenue of $1155.29 million by 2030.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/france-additive-manufacturing-in-aerospace-and-defense-market/

Global Additive Manufacturing in Aerospace & Defense Market Scenario

By optimizing supply chains and reducing the number of assembly steps required to obtain the final product form, additive manufacturing (AM) technology enables enterprises to completely revamp their operations. AM's design freedom makes this possible by allowing for the reorganization of parts and subassemblies. Now that parts that were previously created as distinct products can be fabricated as a single unit, supply chains will benefit greatly from lower labor costs, less tooling and machining center requirements, and less work-in-process inventory.

In addition, lead times for defense projects are greater than for other sectors of the economy. It can take many months for an airplane item to be manufactured at the tier-3 supplier level and then integrated into the finished product. In a similar vein, it can take up to five years to create a new aircraft model. A&D enterprises rely on their network of suppliers to fulfill delivery commitments for goods and services. Any point in the supply chain where there is a disturbance can have a knock-on impact and result in serious issues including fines, overspending, and cancelled orders. The industry's need for additive manufacturing is growing as a result of requirements to reduce these delays.

The Global Additive Manufacturing in Aerospace & Defense Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global Additive Manufacturing in Aerospace & Defense Market by Material, Manufacturing, Application, & by Geography: https://inkwoodresearch.com/reports/additive-manufacturing-in-aerospace-and-defense-market/#request-free-sample

Market Segmentation

Market by Material
• Alloys
• Special Metals

Market by Manufacturing
• In-House
• OEM

Market by Application
• Commercial Aviation
• Defense
• Spacecraft

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032

Companies Profiled
• SAFRAN SA
• THALES GROUP
• AIRBUS SE
• THE BOEING COMPANY
• HONEYWELL INTERNATION INC
• AEROJET ROCKETDYNE
• MOOG INC
• RAYTHEON TECHNOLOGIES
• LOCKHEED MARTIN CORPORATION
• GE AVIATION

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Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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