Report Feature
3D Printing Materials in Aerospace Market Trends and Forecast
The future of the global 3D printing materials in the global aerospace market looks promising with opportunities in the aircraft and spacecraft end use industries. The use of 3D printing material in the global aerospace market is expected to reach an estimated $0.42 billion by 2028 with a CAGR of 15.3% from 2023 to 2028. The major drivers for this market are increasing demand for fuel-efficient aircraft, growing need for lightweight, cost-effective, and sustainable products, and supporting government initiatives for adoption of 3D printing in the aerospace industry.
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3D Printing Materials in Aerospace Market by Segment
The study includes trends and forecast for 3D printing materials in the global aerospace market by material, aircraft part, application, end use industry, and region, as follows:
3D Printing Materials in Aerospace Market by Material [Value ($B) Shipment Analysis from 2017 to 2028]:
-
Plastic
-
Filament
- PEI
- ABS
- PC & Blends
- Others (PLA, TPU, Nylon)
-
Powder
- TPU
- PEEK
- Polyamides
- PEKK
-
Filament
- Metals
- Titanium
- Aluminum
- Inconel
- Ceramic
- Others
3D Printing Materials in Aerospace Market by Aircraft Part [Value ($B) Shipment Analysis from 2017 to 2028]:
- Engine
- Structural Components
- Jigs & Fixtures
3D Printing Materials in Aerospace Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Rapid Prototyping
- Tooling
- Part Production
3D Printing Materials in Aerospace Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
-
Aircraft
- General & Commercial Aviation
- Military & Defense
- Spacecraft
3D Printing Materials in Aerospace Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of 3D Printing Material Companies in Aerospace Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, 3D printing material companies in the global aerospace market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 3D printing material companies in the global aerospace market profiled in this report include-
3D Printing Materials in Aerospace Market Insights
- Lucintel forecasts that plastics will remain the largest material segment over the forecast period due to its affordable price and light weight. Moreover, this material is greatly preferred by the aircraft sector.
- Aircraft is expected to remain the larger end use industry segment due to the growing stringent emission regulations and increasing inclination towards light weight, fuel efficient aircraft.
- North America will remain the largest region due to the presence of key aerospace companies and growing demand for complex and lightweight 3D components in the region.
Features of 3D Printing Materials in the Aerospace Market
- Market Size Estimates: 3D printing materials in aerospace market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: 3D printing materials in aerospace market size by various segments, such as by material, aircraft part, application, end use industry, and region
- Regional Analysis: 3D printing materials in aerospace market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different materials, aircraft parts, applications, end use industries, and regions for the 3D printing material in aerospace market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for 3D printing materials in the global aerospace market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aerospace market size in terms of 3D printing material usage?
Answer: The global aerospace market in terms of 3D printing material usage is expected to reach an estimated $0.42 billion by 2028.
Q2. What is the growth forecast for 3D printing materials in the aerospace market?
Answer: The use of 3D printing materials in the global aerospace market is expected to grow with a CAGR of 15.3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the 3D printing material in aerospace market?
Answer: The major drivers for this market are increasing demand for fuel-efficient aircraft, growing need for lightweight, cost-effective, and sustainable products, and supporting government initiatives for adoption of 3D printing in the aerospace industry.
Q4. What are the major segments for 3D printing materials in aerospace market?
Answer: The future of 3D printing materials in the global aerospace market looks promising with opportunities in the aircraft and spacecraft end use industries.
Q6. Who are the key 3D printing material companies in the global aerospace market?
Answer: Some of the key 3D printing material companies in the global aerospace market are as follows:
Answer: The global aerospace market in terms of 3D printing material usage is expected to reach an estimated $0.42 billion by 2028.
Q2. What is the growth forecast for 3D printing materials in the aerospace market?
Answer: The use of 3D printing materials in the global aerospace market is expected to grow with a CAGR of 15.3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the 3D printing material in aerospace market?
Answer: The major drivers for this market are increasing demand for fuel-efficient aircraft, growing need for lightweight, cost-effective, and sustainable products, and supporting government initiatives for adoption of 3D printing in the aerospace industry.
Q4. What are the major segments for 3D printing materials in aerospace market?
Answer: The future of 3D printing materials in the global aerospace market looks promising with opportunities in the aircraft and spacecraft end use industries.
Q6. Who are the key 3D printing material companies in the global aerospace market?
Answer: Some of the key 3D printing material companies in the global aerospace market are as follows:
- Stratasys
- 3D Systems
- GE
- ExOne
- Höganäs AB
- EOS
- Materialise
Q7. Which aerospace segment in terms of 3D printing material usage will be the largest in the future?
Answer: Lucintel forecasts that plastics will remain the largest segment over the forecast period due to its affordable price and light weight. Moreover, this material is greatly preferred by the aircraft sector.
Q8. In terms of 3D printing material consumption in the global aerospace market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the presence of key aerospace companies and growing demand for complex and lightweight 3D components in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that plastics will remain the largest segment over the forecast period due to its affordable price and light weight. Moreover, this material is greatly preferred by the aircraft sector.
Q8. In terms of 3D printing material consumption in the global aerospace market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the presence of key aerospace companies and growing demand for complex and lightweight 3D components in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in 3D Printing Materials in the Global Aerospace Market
6.1.1 Growth Opportunities for 3D Printing Materials in the Global Aerospace Market by Material
6.1.2 Growth Opportunities for 3D Printing Materials in the Global Aerospace Market by Aircraft Part
6.1.3 Growth Opportunities for 3D Printing Materials in the Global Aerospace Market by Application
6.1.4 Growth Opportunities for 3D Printing Materials in the Global Aerospace Market by End Use
6.1.5 Growth Opportunities for 3D Printing Materials in the Global Aerospace Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for 3D printing materials in the global aerospace market by material (plastics, metal, titanium, aluminum, inconel, ceramic, and others), aircraft part (engine, structural component, and jig & fixture), application (rapid prototyping, tooling, and part production), end use industry (aircraft and spacecraft), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last five years and what has its impact been on the industry? For any questions related to 3D printing materials in the global aerospace market or related to 3D printing materials in the global aerospace companies, 3D printing materials in the global aerospace market size, 3D printing materials in the global aerospace market share, 3D printing materials in the global aerospace analysis, 3D printing materials in the global aerospace market growth, 3D printing materials in the global aerospace market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
