Aerospace and Defense Additive Manufacturing: A Leading Driver Behind Defense Sector Expansion Fuels Surge In Aerospace And Defense Additive Manufacturing Market Expansion in 2025

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What Will the Aerospace and Defense Additive Manufacturing Industry Market Size Be by 2025?
The market size of additive manufacturing in the aerospace and defense sector has seen substantial expansion in the past few years. The market is anticipated to rise from $4.32 billion in 2024 to $5.23 billion in 2025, with a compound annual growth rate (CAGR) of 21.0%. The significant growth during the historical period is attributed to factors such as cost efficiency, development of lighter components, customization and intricacy, optimization of supply chain and advancements in material.

What's the Long-Term Growth Forecast for the Aerospace and Defense Additive Manufacturing Market Size Through 2029?
The market size of additive manufacturing in aerospace and defense is anticipated to witness swift expansion in the coming years, reaching a total value of $10.08 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 17.8%. The expected growth during the forecast period can be linked to the escalated use of am technology, the progression in material science, production of complex parts, industry 4.0 amalgamation, and the execution of digital twins. Noteworthy trends for the forecast period incorporate mass production of crucial components, the evolution of am materials, automation and utilization of robotics in am, advancements in post-processing, and integration of 3D printed electronics.

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What Are the Key Growth Drivers Fueling the Aerospace and Defense Additive Manufacturing Market Expansion?
Escalating government investment in the defense realm will likely spur the expansion of the aerospace and defense additive manufacturing market. This expense encompasses the amount used for the acquisition of military equipment, including weapons, weaponry systems, operations, and their subsequent maintenance, as well as personnel. Heightened expenditure in the defense realm can provide additive manufacturing with a boost via amplified research and development endeavors. This sets the stage for progression in materials, methodologies, and quality control, which catalyzes the onboarding of additive manufacturing technologies. The result is heightened productivity, a robust supply chain, and substantial innovation within the aerospace and defense sectors. To illustrate, information from the United States Air Force (USAF), an American agency associated with the United States Department of the Air Force, revealed that in March 2023, the Air Force's budget request for the fiscal year (FY) 2024 was approximately $215.1 billion. This marks an increase of $9.3 billion or 4.5% over the approved sum for FY 2023. The implication is that the upward trend in governmental spending on defense is a significant propelling force for the aerospace and defense additive manufacturing market.

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What Are the Key Trends Driving Aerospace and Defense Additive Manufacturing Market Growth?
In the aerospace and defense additive manufacturing market, technological innovation is emerging as a prominent trend. Top contenders in the aerobridge market are concentrating on creating novel product solutions to fortify their stance. To illustrate, in June 2023, an announcement was made by Aerojet Rocketdyne Holdings Inc., a firm based in the US specializing in aerospace and defense products and systems, and The National Aeronautics and Space Administration (NASA), a government agency also based in the US, marking the successful accomplishment of a certificate test series for the latest RS-25 production engines. These will fuel NASA's Space Launch System (SLS) for the forthcoming Artemis missions, Artemis V included. The certificate campaign, which included 12 hot-fire tests, confirmed the engines' efficiency and dependability, assuring they adhere to the requirements for incoming space exploration ventures. The newly produced engines are set for dispatch to NASA in 2024, making their first appearance in the Artemis V mission.

How Is the Aerospace and Defense Additive Manufacturing Market Segmented?
The aerospace and defense additive manufacturing market covered in this report is segmented -

1) By Technology: Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS), Other Technologies
2) By Material: Metal, Plastic, Rubber, Other Materials
3) By Platform: Aviation, Defense, Space
4) By Application: Engine Component, Space Component, Structural Component, Defense Equipment, Other Application

Subsegments:
1) By Direct Metal Laser Sintering (DMLS): Titanium Alloys, Aluminum Alloys, Stainless Steel
2) By Fused Deposition Modeling (FDM): Thermoplastic Materials, Composite Filaments
3) By Continuous Liquid Interface Production (CLIP): Resin-Based Materials, Elastomers
4) By Stereolithography (SLA): Standard Resins, Engineering Resins, Bio-Compatible Resins
5) By Selective Laser Sintering (SLS): Nylon Powder, Metal Powders, Composite Powders
6) By Other Technologies: Electron Beam Melting (EBM), Laminated Object Manufacturing (LOM), Binder Jetting

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Which Companies Are Leading the Charge in Aerospace and Defense Additive Manufacturing Market Innovation?
Major companies operating in the aerospace and defense additive manufacturing market include General Electric Company, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems, Safran SA, Rolls-Royce Holdings, Honeywell Aerospace, Siemens Digital Industries Software, OC Oerlikon Corporation AG, Moog Inc., Aerojet Rocketdyne Holdings Inc., Carpenter Technology Corporation, Renishaw plc, GKN Aerospace, Stratasys Ltd., EOS GmbH, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., SLM Solutions Group AG, Optomec Inc., Sintavia, Additive Industries, Optisys LLC, CRP Technology SRL, BeAM Machines Inc.

Which Regions Are Leading the Global Aerospace and Defense Additive Manufacturing Market in Revenue?
North America was the largest region in the aerospace and defense additive manufacturing market in 2024. The regions covered in the aerospace and defense additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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