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Steady Expansion Forecast for Additive Manufacturing For Rocket Engines Market, Projected to Reach $5.19 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Additive Manufacturing For Rocket Engines Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for additively manufactured rocket engines has expanded significantly in the past few years. A surge from $2.27 billion in 2024 to $2.69 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 18.2%, is predicted in this sector. The historic growth is primarily due to the rising demand for light rocket parts, the developing private space sector, government-sponsored aerospace-additive projects, escalating requirements for prototyping for engine design iterations, and increased testing of additive-produced engines.
Additive Manufacturing For Rocket Engines Market Size Forecast: What's the Projected Valuation by 2029?
The market size for additive manufacturing in rocket engines is anticipated to experience a swift expansion in the upcoming years, reaching $5.19 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 17.9%. Factors contributing to this growth, within the projected period, include the escalating number of commercial space launches, the heightened demand for reusability in rocket design, the augmenting dependence on digital twin and simulation tools, the rising need for rapid manufacturing to support mission flexibility, plus initiatives aimed at sustainability and waste reduction. Some influential trends within this period involve the incorporation of Artificial Intelligence (AI) for design optimization, the implementation of on-demand manufacturing models, the adoption of electron beam and laser powder bed fusion methodologies, the incorporation of digital thread and simulation, and customization along with prototyping.
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What Are the Drivers Transforming the Additive Manufacturing For Rocket Engines Market?
The growth of the additive manufacturing for rocket engines market is anticipated to be fueled by the growing need for commercial space launch services. This term refers to the private performance of rocket launch operations that deliver cargo, satellites, or crew into space on behalf of various clients, providing a reliable and cost-efficient alternative to government launches. This surging need for commercial space launch services stems from increasing private sector investment in satellite-based communication and Earth monitoring, prompting businesses to plan for more regular missions. Additive manufacturing for rocket engines contributes to the enrichment of commercial space launch services by facilitating the creation of lightweight and intricate component designs, enhancing engine performance, and boosting fuel efficiency. It minimizes both production time and expense, expediting launch schedules, and boosting total mission dependability. For example, in November 2024, the Federal Aviation Administration, a federal agency based in the US, reported that commercial space operations increased by over 30% in 2023, resulting in 148 launches. Current forecasts predict they will more than double by 2028. As a result, the mounting need for commercial space launch services is propelling the additive manufacturing for rocket engines market's growth.
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What Long-Term Trends Will Define the Future of the Additive Manufacturing For Rocket Engines Market?
Leading firms contributing in the additive manufacturing for rocket engines market are prioritizing the development of superior technological solutions like 3D printing additive manufacturing systems. This approach aims to upgrade production scalability, decrease costs, and improve performance within rocket engine components. These systems use layer-by-layer creation technology from digital plans, facilitating swift, efficient, and sophisticated production. As an example, Innospace, along with being a South Korea-based aerospace and defense firm, pioneered an advanced in-house 3D printing branch in June 2025 to fabricate rocket engines and key parts for its space launch vehicles using their unique metal additive manufacturing technology. This initiative is expected to seriously enhance competitiveness through quicker, more accurate, and more affordable production, possibly decreasing manufacturing expenses by nearly 50% compared to conventional methods. This division unifies all production stages from designing to quality verification, and has presently produced 13 critical components, such as oxidizer pumps for the HANBIT launch vehicle.
Which Segments in the Additive Manufacturing For Rocket Engines Market Offer the Most Profit Potential?
The additive manufacturing for rocket engines market covered in this report is segmented -
1) By Material Type: Metals, Polymers, Ceramics, Other Material Types
2) By Technology: Selective Laser Melting, Electron Beam Melting, Fused Deposition Modeling, Other Technologies
3) By Application: Prototyping, Production, Research And Development (R&D)
4) By End-User: Aerospace, Defense, Other End Users
Subsegments:
1) By Metals: Titanium Alloys, Nickel-Based Superalloys, Stainless Steel, Aluminum Alloys
2) By Polymers: High-Performance Thermoplastics, Composite Polymers, Polyamide (Nylon)
3) By Ceramics: Silicon Carbide, Alumina-Based Ceramics, Zirconia-Based Ceramics
4) By Other Material Types: Hybrid Materials, Metal Matrix Composites, Functionally Graded Materials
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Which Firms Dominate the Additive Manufacturing For Rocket Engines Market by Market Share and Revenue in 2025?
Major Companies operating in the additive manufacturing for rocket engines market are Northrop Grumman Corporation, General Electric Company, L3Harris Technologies Inc., TRUMPF SE + Co. KG, Space Exploration Technologies Corp., Blue Origin Enterprises L.P., DMG MORI Aktiengesellschaft, United Launch Alliance LLC (ULA), RUAG Holding AG, Sierra Space Corporation, Rocket Lab USA Inc., Firefly Aerospace Inc., MT Aerospace AG, Velo3D Inc., Gilmour Space Technologies Pty Ltd., Ursa Major Technologies Inc., Orbex Ltd., Sintavia LLC, Vast Space Corp., EOS GmbH, Equatorial Space Systems Pty Ltd., Skyrora Ltd.
Which Regions Offer the Highest Growth Potential in the Additive Manufacturing For Rocket Engines Market?
North America was the largest region in the additive manufacturing for rocket engines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the additive manufacturing for rocket engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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