Aerospace 3D Printing Market 2016 Share,Trend,Segmentation and Forecast to 2024

3D printing of parts is a new technology that has come up with the potential to transform the way enterprises build new products, including parts for defense and aerospace. This new manufacturing process is known as 3D printing or additive manufacturing. This technology involves manufacturing physical objects by printing one layer at a time, using special material deposition devices and digital models. This generation’s 3D printing equipment has evolved in a short span of time and is capable of producing complex components among different types of materials which includes titanium, steel, aluminum, and different variety of plastics. Thus because of its potential, 3D printing is gaining importance in various manufacturing and fabricating sectors.

View Report @ http://www.transparencymarketresearch.com/aerospace-3d-printing-market.html

The aerospace sector recognizes the unique competence of 3D printing and is pursuing ways to exploit these competences. For example, Boeing is utilizing 3D printing to manufacture plastic interior parts out of nylon and polyetherimide for their test evaluation and prototype units. Boeing is utilizing 3D printing technology to swiftly manufacture tools for making composite parts. Additionally Pratt & Whitney aerospace company is investing extensively in a state-of-the-art 3D manufacturing center in association with the University of Connecticut. The 3D printing technology in the aerospace sector, generally in plastic, has developed into a mainstream prototype fabrication practice of aerospace parts. This technology empowers designers to skip the fabrication of tools and go straight to finished parts. Although printing a prototype component may consume several hours, it is still considerably faster than manufacturing tools that are then used to manufacture prototype parts. This capability to swiftly manufacture prototypes allows engineers to authenticate design concepts much faster, thus speeding up the overall improvement process.

The major drivers driving the aerospace 3D printing market are factors such as efficient use of raw materials, accuracy, customizable product creation and reduction of errors while manufacturing of parts. The above mentioned factors are going to push the 3D printing market towards its growth during the forecasted period from 2016 – 2024.

The aerospace 3D printing market can be segmented into six broad categories. By material type, by form, by process, by technology, by software, and by application. By material the aerospace 3D printing market can be further segmented into plastics, metals, ceramics, and others. By form, the market is segmented into filament, powder, and liquid. By process, the market has been segmented into binder jetting, material extrusion, direct energy deposition, powder bed fusion, sheet lamination, material jetting, and vat photo-polymerization. By technology the market has been further divided into stereo lithography, Selective Laser Sintering (SLS), Fuse Deposition Modeling, Direct Metal Laser Sintering (DMLS), polyjet printing, inkjet printing, Laminated Object Manufacturing, Digital Light Processing (DLLP), Electron Beam Melting (EBM), and Laser Metal Deposition (LMD). Additionally the global aerospace 3D printing market has been further divided into five regions; they are North America, Asia Pacific, Middle East, Europe, and Africa and Latin America.

North America was the market leader in the aerospace 3D printing market in the year 2015. 3D printing is generally used in major industrial manufacturing sectors such as aerospace & defense, and healthcare companies. For example, GE utilizes laser-powered 3D printers to make products and parts for the aerospace industry. Continuous technological developments and monetary support from the government is also propelling the market for aerospace 3D printing in the North America region. The market for aerospace 3D printing in Asia Pacific is expected to grow at a prime rate during the forecast period from 2016 – 2024. This tremendous growth can be attributed to government funding and initiatives in research and development in the Asia Pacific region.

Major players in this industry are EOS GmbH (Germany), Organovo Holdings Inc (U.S.)., 3D Systems Corporation, Stratasys Ltd (U.S.), Solvay S.A.(Belgium), Sandvik (Sweden) and Höganäs AB (Sweden) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Get accurate market forecast and analysis on the Aerospace 3D Printing Market Request a sample to stay abreast on the key trends impacting this market.

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18407

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the market

Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Leave a Reply

Designed by CyFocus.com
Powered by CyFocus.net