Aerospace 3D Printing Market - Trends Forecast Till 2028

Market Overview

The global Aerospace 3D printing market size is projected to reach USD 3,520 million by 2026 at a CAGR of 35% from USD 2,890 million in 2021 during the forecast period 2021-2028.

3D printing technologies have been recently used in aerospace industry. The major advantage achieved by the use of 3D printing I in the reduction of cost without compromising on the durability and other factors of the manufactured parts. It has also allowed significant reduction in weight and has thus helped in manufacturing light weight aircrafts.

Due to the increased demand for light parts and components from the aerospace industry along with the urgent need for low volume production from aerospace industry are some of the factors that have supported long-term expansion for Aerospace 3D Printing Market.

Regional Analysis

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Stratasys Ltd.
• 3D Systems Corporation
• The ExOne Company
• Arcam AB
• EOS GmbH

Recent Developments

• In December 2017, HALCOR METAL WORKS S.A entered into a merger agreement with ELVAL HELLENIC ALUMINIUM INDUSTRY S.A., in order to combine their companies into one operating entity, under the name ELVALHALCOR. The merger's purpose is to synergize and strengthen both their growth prospects in the aluminum market of Europe. This development will enhance the line set market share of Halcor in the European region.
• In February 2019, Daikin completed the acquisition of AHT Group (Austria), a leading company in the commercial refrigeration market in Europe. The acquisition will help Daikin in adding a range of products, services, and solutions based on its air conditioning and refrigeration equipment.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Aerospace 3D Printingmarket so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope