According to a new market research report published by Global Insight Services “ Aerospace & Defense Additive Manufacturing Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Aerospace & Defense Additive Manufacturing (A&DAM) is the application of additive manufacturing technologies to the production of aerospace and defense products. Additive manufacturing (AM) is a process of making three-dimensional (3D) objects from a digital file by successively adding material layer by layer. This contrasts with traditional subtractive manufacturing processes, such as machining, where material is removed from a workpiece to create the desired shape.
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Top Key Players in Aerospace & Defense Additive Manufacturing market: 3D System, Arcam AB, Concept Laser, CRP Technology, CRS Holding, EOS, ExOne, Optomec,
Key Trends
The use of additive manufacturing technology in the aerospace and defense industries is growing at a rapid pace. This technology offers a number of benefits over traditional manufacturing methods, including the ability to produce complex parts with a high degree of accuracy and repeatability.One of the key trends in additive manufacturing technology is the increasing use of metal-based materials. These materials offer a number of advantages over traditional plastics, including a higher degree of strength and durability.
Key Drivers
The increase in demand for additive manufacturing in the aerospace and defense industry and the need for weight reduction in aircrafts are the major drivers for the growth of the aerospace and defense additive manufacturing market.The increase in demand for additive manufacturing in the aerospace and defense industry can be attributed to the growing demand for aircrafts and aircraft parts. The aerospace and defense industry is one of the major end-users of additive manufacturing. The use of additive manufacturing in the aerospace and defense industry helps in reducing the weight of aircrafts and aircraft parts, which in turn, reduces the fuel consumption and carbon emissions.
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Market Segments
The Aerospace & Defense Additive Manufacturing Market is segmented by material, technology, application, and region. On the basis of material, the market is segmented as metal, plastic, rubber and others. On the basis of technology, the market is segmented as 3D printing, laser sintering, stereolithography and others. On the basis of application the market is segmented as engine and airframe. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Reasons to buy Aerospace & Defense Additive Manufacturing Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
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