Global Aerospace Additive Manufacturing Market, By Application (Structural, Engine, Others) By Platform (Spacecraft, Aircraft, Unmanned aerial vehicle) By Technology (Laser sintering, 3d printing, Electron beam melting, Fused deposition modelling, Stereo lithography) By Material Type (Plastic, Rubber, Metal alloy, Others), and opportunities and forecast 2020-2027
Aerospace Additive Manufacturing Market Overview
Additive manufacturing (AM) is a technology for creating three-dimensional objects using a computer-aided design (CAD) model. The product is designed with successive layers based on the cad design in this addictive manufacturing process. To finish the product, the additive manufacturing process does not require advanced tooling; it only requires a few tools. In addition, the AM process is different from traditional manufacturing. Forming, such as shaping and bending, and subtractive processes, such as milling, cutting, and drilling, are common in traditional manufacturing. The global Aerospace Additive Manufacturing market is projected to grow at a significant rate in the forthcoming period.
The global aerospace additive manufacturing market is being propelled by factors such as rising demand for green manufacturing and a growing concern for reducing carbon footprint through aircraft weight reduction. Another important growth driver for the global market is additive manufacturing's increased efficiency in manufacturing crucial aerospace parts. Over earlier manufacturing methods, additive manufacturing offers several advantages such as flexible design, a shorter production cycle, a smaller resource requirement, and significant tooling cost savings. This is resulting in a high value and increased industry interest. As a result of the growing need for contemporary aircraft and increased air passenger traffic, the global aerospace additive manufacturing market will present many potential prospects.
During the research period, the global aerospace additive manufacturing market exhibited significant potential for growth. However, the high costs of essential materials, as well as the high cost of installation, may limit the global market's growth.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Application, Platform, Technology, Material Type, and Region.
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Covid-19 Impact on Aerospace Additive Manufacturing Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Based on Application, the Engine is one of the largest segments in the global Aerospace Additive Manufacturing market. It is expected that this segment shows remarkable growth in the coming period. According to Platform, the aircraft is one of the most prominent segments in the market. This segment has been sub-classified into rotary-wing and fixed-wing. Currently, the unmanned aerial vehicle segment is expected to generate a higher CAGR during the estimated period. Based on Technology, the 3d printing technology is segment has noteworthy growth in the coming period. By Material Type, the metal alloy segment dominated the global Aerospace Additive Manufacturing market.
Aerospace Additive Manufacturing Market, By Application
· Structural · Engine · Others
Aerospace Additive Manufacturing Market, By Platform
· Spacecraft · Aircraft · Unmanned aerial vehicle
Aerospace Additive Manufacturing Market, By Technology
· Laser sintering · 3d printing · Electron beam melting · Fused deposition modeling · Stereo lithography
Aerospace Additive Manufacturing Market, By Material Type
In the global aerospace additive manufacturing market, the region is categorized into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. This is due to the presence of the most prominent companies like 3d systems, inc. and Stratasys Ltd. Furthermore, the market in the Asia Pacific is projected to rise at a considerable rate in the forecast period.
Aerospace Additive Manufacturing Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
· Arcam AB · 3D Systems · CRP Technology srl · Concept Laser GmbH · CRS Holdings Inc · Optomec, Inc. · Stratasys, Ltd. · ExOne · SLM Solutions Group AG
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Aerospace Additive Manufacturing market?
A. The global aerospace additive manufacturing market is being propelled by factors such as rising demand for green manufacturing and a growing concern for reducing carbon footprint through aircraft weight reduction.
Q2. What are the restraining factors for the Aerospace Additive Manufacturing market?
A. The high costs of essential materials as well as the high cost of installation may limit the global market's growth.
Q3. Which segment is projected to hold the largest share in the Aerospace Additive Manufacturing Market?
A. Engine segment is projected to hold the largest share in the Aerospace Additive Manufacturing Market.
Q4. Which region is holds largest share in the Aerospace Additive Manufacturing market?
A. North America held largest share in the global Aerospace Additive Manufacturing market
Q5. Which are the prominent players in the Aerospace Additive Manufacturing Market?
A. Arcam AB, 3D Systems, CRP Technology srl, Concept Laser GmbH, CRS Holdings Inc, Optomec, Inc., Stratasys, Ltd., ExOne, SLM Solutions Group AG. are some key players in the Aerospace Additive Manufacturing Market.
Aerospace Additive Manufacturing Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Aerospace Additive Manufacturing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Application
5.2.1. Structural
5.2.2. Engine
5.2.3. Others
5.3. Market Analysis, Insights and Forecast – By Platform
5.3.1. Spacecraft
5.3.2. Aircraft
5.3.3. Unmanned aerial vehicle
5.4. Market Analysis, Insights and Forecast – By Technology
5.4.1. Laser sintering
5.4.2. 3d printing
5.4.3. Electron beam melting
5.4.4. Fused deposition modeling
5.4.5. Stereo lithography
5.5. Market Analysis, Insights and Forecast – By Material Type
5.5.1. Plastic
5.5.2. Rubber
5.5.3. Metal alloy
5.5.4. Others
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa
6. North America Aerospace Additive Manufacturing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Application
6.2.1. Structural
6.2.2. Engine
6.2.3. Others
6.3. Market Analysis, Insights and Forecast – By Platform
6.3.1. Spacecraft
6.3.2. Aircraft
6.3.3. Unmanned aerial vehicle
6.4. Market Analysis, Insights and Forecast – By Technology
6.4.1. Laser sintering
6.4.2. 3d printing
6.4.3. Electron beam melting
6.4.4. Fused deposition modeling
6.4.5. Stereo lithography
6.5. Market Analysis, Insights and Forecast – By Material Type
6.5.1. Plastic
6.5.2. Rubber
6.5.3. Metal alloy
6.5.4. Others
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1. U.S.
6.6.2. Canada
7. Europe Aerospace Additive Manufacturing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Application
7.2.1. Structural
7.2.2. Engine
7.2.3. Others
7.3. Market Analysis, Insights and Forecast – By Platform
7.3.1. Spacecraft
7.3.2. Aircraft
7.3.3. Unmanned aerial vehicle
7.4. Market Analysis, Insights and Forecast – By Technology
7.4.1. Laser sintering
7.4.2. 3d printing
7.4.3. Electron beam melting
7.4.4. Fused deposition modeling
7.4.5. Stereo lithography
7.5. Market Analysis, Insights and Forecast – By Material Type
7.5.1. Plastic
7.5.2. Rubber
7.5.3. Metal alloy
7.5.4. Others
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1. UK
7.6.2. Germany
7.6.3. France
7.6.4. Italy
7.6.5. Spain
7.6.6. Russia
7.6.7. Rest of Europe
8. Asia Pacific Aerospace Additive Manufacturing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Application
8.2.1. Structural
8.2.2. Engine
8.2.3. Others
8.3. Market Analysis, Insights and Forecast – By Platform
8.3.1. Spacecraft
8.3.2. Aircraft
8.3.3. Unmanned aerial vehicle
8.4. Market Analysis, Insights and Forecast – By Technology
8.4.1. Laser sintering
8.4.2. 3d printing
8.4.3. Electron beam melting
8.4.4. Fused deposition modeling
8.4.5. Stereo lithography
8.5. Market Analysis, Insights and Forecast – By Material Type
8.5.1. Plastic
8.5.2. Rubber
8.5.3. Metal alloy
8.5.4. Others
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. Australia
8.6.5. South East Asia
8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Aerospace Additive Manufacturing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Application
9.2.1. Structural
9.2.2. Engine
9.2.3. Others
9.3. Market Analysis, Insights and Forecast – By Platform
9.3.1. Spacecraft
9.3.2. Aircraft
9.3.3. Unmanned aerial vehicle
9.4. Market Analysis, Insights and Forecast – By Technology
9.4.1. Laser sintering
9.4.2. 3d printing
9.4.3. Electron beam melting
9.4.4. Fused deposition modeling
9.4.5. Stereo lithography
9.5. Market Analysis, Insights and Forecast – By Material Type
9.5.1. Plastic
9.5.2. Rubber
9.5.3. Metal alloy
9.5.4. Others
9.6. Market Analysis, Insights and Forecast – By Country
9.6.1. Brazil
9.6.2. Saudi Arabia
9.6.3. UAE
9.6.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Arcam AB
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. 3D Systems
10.6. CRP Technology srl
10.7. Concept Laser GmbH
10.8. CRS Holdings Inc
10.9. Optomec, Inc.
10.10. Stratasys, Ltd.
10.11. ExOne
10.12. SLM Solutions Group AG
List of Figures
Figure 1: Global Aerospace Additive Manufacturing Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Aerospace Additive Manufacturing Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Aerospace Additive Manufacturing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Aerospace Additive Manufacturing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Aerospace Additive Manufacturing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Aerospace Additive Manufacturing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Aerospace Additive Manufacturing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Aerospace Additive Manufacturing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027