Product Code: 51513
KEY FINDINGS
The global additive manufacturing in aerospace & defense market is evaluated to register a CAGR of 20.48% during the forecasting period of 2023 to 2032. The market's growth is attributed to key factors, such as increasing efficiency requirements, reduced processing and manufacturing cost, lower raw material usage, and supply chain disruptions.
MARKET INSIGHTS
Additive manufacturing enables users to manufacture items of all forms on-demand from data derived via 3D scanning or CAD files. The time taken to market is one of the key factors set to help companies gain a competitive edge over their rivals in the aerospace & defense sector. As a result, key players are attempting to reduce the time taken to market through additive manufacturing since it helps accelerate production timelines. Design files can also be customized on the basis of use cases since all design files are digital.
The process of additive manufacturing is focused on updating designs since it does not necessitate tools or mold changes. Accordingly, aerospace & defense companies with an overwhelming stockpile of orders can utilize additive manufacturing to minimize their production time. For example, in 2018, Airbus reported a backlog of over 7,000 aircraft; this is equivalent to 9 years of production with Airbus' present methods. Therefore, the time taken to market is projected to play an essential role in augmenting the global additive manufacturing in aerospace & defense market growth during the estimated years.
REGIONAL INSIGHTS
The global additive manufacturing in aerospace & defense market growth assessment includes a detailed analysis of North America, Asia-Pacific, Europe, and Rest of Europe. Europe is projected to dominate the global market during the forecast period. The market's growth is fueled by the presence of leading aerospace companies as well as the significant development of the region's aviation composite supply chain.
COMPETITIVE INSIGHTS
The competitive rivalry in the global additive manufacturing in aerospace & defense market is expected to be intense during the forecasted period as the number of players increases continually. Some of the top companies operating in the market include Moog Inc, Safran SA, Aerojet Rocketdyne, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
- 1.1. STUDY OBJECTIVES
- 1.2. METHODOLOGY
- 1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
- 2.1. MARKET SIZE & ESTIMATES
- 2.2. MARKET OVERVIEW
- 2.3. SCOPE OF STUDY
- 2.4. MAJOR MARKET FINDINGS
- 2.4.1. THE MARKET IS PRICE SENSITIVE
- 2.4.2. GOVERNMENT SUPPORT ENABLES COMPANIES TO EXPAND THEIR BUSINESS THROUGH NEW DEFENSE CUSTOMERS
- 2.4.3. SIGNIFICANT RISE IN THE NUMBER OF 3D PRINTING-RELATED PATENT APPLICATIONS
3. MARKET DYNAMICS
- 3.1. KEY DRIVERS
- 3.1.1. FASTENED PRODUCTION TIMELINES
- 3.1.2. SUPPLY CHAIN DISRUPTIONS
- 3.1.3. INCREASED EFFICIENCY REQUIREMENTS
- 3.1.4. MINIMAL PROCESSING AND MANUFACTURING COSTS
- 3.1.5. REDUCED RAW MATERIAL USAGE
- 3.2. KEY RESTRAINTS
- 3.2.1. HIGH EQUIPMENT COSTS
- 3.2.2. TECHNOLOGICAL INTEGRATION CHALLENGES
- 3.2.3. MATERIAL STANDARDIZATION & CERTIFICATION
4. KEY ANALYTICS
- 4.1. PARENT MARKET ANALYSIS
- 4.2. KEY TECHNOLOGY TRENDS
- 4.3. ADDITIVE MANUFACTURING PROCESS CATEGORIES
- 4.3.1. BINDER JETTING
- 4.3.2. MATERIAL JETTING
- 4.3.3. POWDER BED FUSION
- 4.3.4. DIRECTED ENERGY DEPOSITION
- 4.3.5. SHEET LAMINATION
- 4.3.6. VAT PHOTO-POLYMERIZATION
- 4.3.7. MATERIAL EXTRUSION
- 4.4. REGULATORY STANDARDS FOR ADDITIVE MANUFACTURING
- 4.5. PORTER'S FIVE FORCES ANALYSIS
- 4.5.1. BUYERS POWER
- 4.5.2. SUPPLIERS POWER
- 4.5.3. SUBSTITUTION
- 4.5.4. NEW ENTRANTS
- 4.5.5. INDUSTRY RIVALRY
- 4.6. GROWTH PROSPECT MAPPING
- 4.6.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
- 4.6.2. GROWTH PROSPECT MAPPING FOR FRANCE
- 4.6.3. GROWTH PROSPECT MAPPING FOR CHINA
- 4.6.4. GROWTH PROSPECT MAPPING FOR ISRAEL
- 4.7. MARKET MATURITY ANALYSIS
- 4.8. MARKET CONCENTRATION ANALYSIS
5. MARKET BY MATERIAL
- 5.1. ALLOYS
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
- 5.2. SPECIAL METALS
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS
6. MARKET BY MANUFACTURING
- 6.1. IN-HOUSE
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
- 6.2. OEM
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
7. MARKET BY APPLICATION
- 7.1. COMMERCIAL AVIATION
- 7.1.1. MARKET FORECAST FIGURE
- 7.1.2. SEGMENT ANALYSIS
- 7.2. DEFENSE
- 7.2.1. MARKET FORECAST FIGURE
- 7.2.2. SEGMENT ANALYSIS
- 7.3. SPACECRAFT
- 7.3.1. MARKET FORECAST FIGURE
- 7.3.2. SEGMENT ANALYSIS
8. GEOGRAPHICAL ANALYSIS
- 8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET DRIVERS
- 8.1.3. NORTH AMERICA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET CHALLENGES
- 8.1.4. KEY PLAYERS IN NORTH AMERICA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET
- 8.1.5. COUNTRY ANALYSIS
- 8.1.5.1. UNITED STATES
- 8.1.5.1.1. UNITED STATES ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.1.5.2. CANADA
- 8.1.5.2.1. CANADA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET DRIVERS
- 8.2.3. EUROPE ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET CHALLENGES
- 8.2.4. KEY PLAYERS IN EUROPE ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET
- 8.2.5. COUNTRY ANALYSIS
- 8.2.5.1. UNITED KINGDOM
- 8.2.5.1.1. UNITED KINGDOM ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.2. GERMANY
- 8.2.5.2.1. GERMANY ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.3. FRANCE
- 8.2.5.3.1. FRANCE ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.4. ITALY
- 8.2.5.4.1. ITALY ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.5. SPAIN
- 8.2.5.5.1. SPAIN ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.6. BELGIUM
- 8.2.5.6.1. BELGIUM ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.7. POLAND
- 8.2.5.7.1. POLAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.2.5.8. REST OF EUROPE
- 8.2.5.8.1. REST OF EUROPE ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3. ASIA-PACIFIC
- 8.3.1. MARKET SIZE & ESTIMATES
- 8.3.2. ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET CHALLENGES
- 8.3.4. KEY PLAYERS IN ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET
- 8.3.5. COUNTRY ANALYSIS
- 8.3.5.1. CHINA
- 8.3.5.1.1. CHINA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.2. JAPAN
- 8.3.5.2.1. JAPAN ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.3. INDIA
- 8.3.5.3.1. INDIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.4. SOUTH KOREA
- 8.3.5.4.1. SOUTH KOREA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.5. INDONESIA
- 8.3.5.5.1. INDONESIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.6. THAILAND
- 8.3.5.6.1. THAILAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.7. VIETNAM
- 8.3.5.7.1. VIETNAM ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.8. AUSTRALIA & NEW ZEALAND
- 8.3.5.8.1. AUSTRALIA & NEW ZEALAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.3.5.9. REST OF ASIA-PACIFIC
- 8.3.5.9.1. REST OF ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.4. REST OF WORLD
- 8.4.1. MARKET SIZE & ESTIMATES
- 8.4.2. REST OF WORLD ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET DRIVERS
- 8.4.3. REST OF WORLD ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET CHALLENGES
- 8.4.4. KEY PLAYERS IN REST OF WORLD ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET
- 8.4.5. REGIONAL ANALYSIS
- 8.4.5.1. LATIN AMERICA
- 8.4.5.1.1. LATIN AMERICA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
- 8.4.5.2. MIDDLE EAST & AFRICA
- 8.4.5.2.1. MIDDLE EAST & AFRICA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
9. COMPETITIVE LANDSCAPE
- 9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.2. PARTNERSHIPS & AGREEMENTS
- 9.1.3. BUSINESS EXPANSIONS & DIVESTITURES
- 9.2. COMPANY PROFILES
- 9.2.1. AEROJET ROCKETDYNE
- 9.2.1.1. COMPANY OVERVIEW
- 9.2.1.2. PRODUCTS
- 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. AIRBUS SE
- 9.2.2.1. COMPANY OVERVIEW
- 9.2.2.2. PRODUCTS
- 9.2.2.3. STRENGTHS & CHALLENGES
- 9.2.3. GE AVIATION
- 9.2.3.1. COMPANY OVERVIEW
- 9.2.3.2. PRODUCTS
- 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. HONEYWELL INTERNATION INC
- 9.2.4.1. COMPANY OVERVIEW
- 9.2.4.2. PRODUCTS
- 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. LOCKHEED MARTIN CORPORATION
- 9.2.5.1. COMPANY OVERVIEW
- 9.2.5.2. PRODUCTS
- 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. MOOG INC
- 9.2.6.1. COMPANY OVERVIEW
- 9.2.6.2. PRODUCTS
- 9.2.6.3. STRENGTHS & CHALLENGES
- 9.2.7. RAYTHEON TECHNOLOGIES
- 9.2.7.1. COMPANY OVERVIEW
- 9.2.7.2. PRODUCTS
- 9.2.7.3. STRENGTHS & CHALLENGES
- 9.2.8. SAFRAN SA
- 9.2.8.1. COMPANY OVERVIEW
- 9.2.8.2. PRODUCTS
- 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. THALES GROUP
- 9.2.9.1. COMPANY OVERVIEW
- 9.2.9.2. PRODUCTS
- 9.2.9.3. STRENGTHS & CHALLENGES
- 9.2.10. THE BOEING COMPANY
- 9.2.10.1. COMPANY OVERVIEW
- 9.2.10.2. PRODUCTS
- 9.2.10.3. STRENGTHS & CHALLENGES