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The aerospace 3D printing market share is expected to increase by USD 3.82 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 32.98%.
This aerospace 3D printing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers aerospace 3D printing market segmentation by aircraft parts (aircraft components, airframe, and others) and geography (North America, Europe, APAC, South America, and MEA). The aerospace 3D printing market report also offers information on several market vendors, including 3D Systems Corp., Aerojet Rocketdyne Holdings Inc., EnvisionTEC GmBH, EOS GmbH Electro Optical Systems, General Electric Co., Hoganas AB, Materialise NV, Stratasys Ltd., The Boeing Co., and The ExOne Company among others.
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"The expansion of facilities and extensive use of 3D printing technology for different components and parts will facilitate the commercial aerospace 3D printing market growth in North America over the forecast period."
The improved parts performance with weight reduction is notably driving the aerospace 3D printing market growth, although factors such as restriction for buildup envelope and product size may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the aerospace 3D printing industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Aerospace 3D Printing Market Driver
The improved parts performance with weight reduction is one of the key drivers supporting the aerospace 3D printing market growth. With 3D printing, it is feasible to produce lightweight structures for prototyping the final product. The technology enables the creation of intricate geometries that can drastically reduce the weight of a component while maintaining its structural strength. The reduction in weight helps designers achieve lower material costs, along with fuel savings. In the aerospace industry, reducing the overall weight of components is crucial to lowering fuel consumption and carbon dioxide emissions. On that note, Airbus is trying to attain certification for its lighter cabin partitions. Hence, the newly developed design for the A320 partition weighs 66.13 pounds less than the traditional one, indicating a 45% reduction in weight. Such developments are anticipated to drive market growth during the forecast period.
Key Aerospace 3D Printing Market Trend
Combining 3D printing with traditional manufacturing is another factor supporting the aerospace 3D printing market growth. For instance, Siemens offers the new NX Hybrid additive manufacturing software that uses conventional manufacturing and additive manufacturing for production. It is a hybrid process that combines conventional processes such as boring, milling, and grinding with additive manufacturing such as 3D printing. The company used the laser deposition process for building burner heads of gas turbines with metal powder. The burner was developed in innovative shapes, including honeycomb. It allowed the conversion of a solid structure to a hollow shape, with relative weight savings. Thus, the hybrid process helped reduce the manufacturing time by 90% and increased the dimensional accuracy of the component. Such recent technological improvements in 3D printers that can work with metal and aluminum will likely increase the acceptance of these printers in this industry.
Key Aerospace 3D Printing Market Challenge
Restriction for buildup envelope and product size is one of the factors hindering the aerospace 3D printing market growth. Most technologies offer systems with a limited building scope, which makes 3D printing applicable for only small components. This is applicable to almost all 3D printing processes, but the major issue in aircraft is with the powder bed fusion process, a widely applied technology for metal printing. Moreover, the biggest building scope for standard metal printing with the powder fusion bed process measures 0.8X0.4X0.5 m. There is a possibility to customize machines for customers, but this incurs high costs. The aerospace industry is focusing on upgrading the current technology for the printing of larger products. For instance, Oak Ridge National Laboratory and Boeing holds a world record for manufacturing the largest solid 3D-printed object called the trim and drill tool, which is used to create the wings of Boeing's Next-Generation 777X jet. Thus, the inability of 3D printers to produce large components hinders its wide-scale adoption in the aerospace industry.
This aerospace 3D printing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the aerospace 3D printing market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the aerospace 3D printing market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the aerospace 3D printing market encompasses successful business strategies deployed by the key vendors. The aerospace 3D printing market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The aerospace 3D printing market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the aerospace 3D printing market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the aerospace and defense market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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35% of the market's growth will originate from Europe during the forecast period. France and Germany are the key markets for aerospace 3D printing market in Europe. Market growth in this region will be faster than the growth of the market in other regions.
Another key region offering significant growth opportunities to the vendors is North America. The expansion of facilities and the extensive use of 3D printing technology for different components and parts will facilitate the aerospace 3D printing market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 in the region severely impacted the regional aviation industry. However, in June 2020, airlines carried over 93% more passengers as compared with May 2020, owing to relaxation in travel restrictions. This, in turn, is expected to propel the demand for aircraft manufacturing, thereby driving the growth of the market in focus in North America. Furthermore, vaccination drives against COVID-19 have begun in the region, which will further boost market growth during the forecast period.
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The aerospace 3D printing market share growth by the aircraft components segment will be significant during the forecast period. For instance, owing to the growing popularity of business jets, JBRND has strengthened the manufacturing capability of its plant located in San Antonio, Texas, US. It has initiated the use of 3D-printed prototypes and assembly guides to ramp up the development process of new components and parts. Such developments are expected to propel the adoption of additive manufacturing for the development of components and subsystems, which will drive the 3D printing aircraft components market globally during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the aerospace 3D printing market size and actionable market insights on post COVID-19 impact on each segment.
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Aerospace 3D Printing Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 32.98% |
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Market growth 2021-2025 |
$ 3.82 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
28.34 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
Europe at 35% |
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Key consumer countries |
US, France, Germany, Canada, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
3D Systems Corp., Aerojet Rocketdyne Holdings Inc., EnvisionTEC GmBH, EOS GmbH Electro Optical Systems, General Electric Co., Hoganas AB, Materialise NV, Stratasys Ltd., The Boeing Co., and The ExOne Company |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
***2. Market Landscape
**2.1 Market ecosystem
*Exhibit 01: Parent market
**2.2: Market Characteristics
**2.3 Value chain analysis
*Exhibit 02: Value chain analysis: Aerospace and defense market
*2.3.1 Inputs
*2.3.2 Inbound logistics
*2.3.3 Operations
*2.3.4 Marketing and sales
*2.3.5 Aftermarket and service
***3. Market Sizing
**3.1 Market definition
*Exhibit 03: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 04: Market segments
**3.3 Market size 2020
**3.4 Market outlook: Forecast for 2020 - 2025
*3.4.1 Estimating growth rates for emerging and high-growth markets
*3.4.2 Estimating growth rates for mature markets
*Exhibit 05: Global - Market size and forecast 2020 - 2025 ($ million)
*Exhibit 06: Global market: Year-over-year growth 2020 - 2025 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 07: Five forces analysis 2020 & 2025
**4.2 Bargaining power of buyers
**4.3 Bargaining power of suppliers
**4.4 Threat of new entrants
**4.5 Threat of substitutes
**4.6 Threat of rivalry
**4.7 Market condition
*Exhibit 08: Market condition - Five forces 2020
***5. Market Segmentation by Aircraft Parts
**5.1 Market segments
*The segments covered in this chapter are:
*Exhibit 09: Aircraft parts - Market share 2020-2025 (%)
**5.2 Comparison by Aircraft parts
*Exhibit 10: Comparison by Aircraft parts
**5.3 Aircraft components - Market size and forecast 2020-2025
*Exhibit 11: Aircraft components - Market size and forecast 2020-2025 ($ million)
*Exhibit 12: Aircraft components - Year-over-year growth 2020-2025 (%)
**5.4 Airframe - Market size and forecast 2020-2025
*Exhibit 13: Airframe - Market size and forecast 2020-2025 ($ million)
*Exhibit 14: Airframe - Year-over-year growth 2020-2025 (%)
**5.5 Others - Market size and forecast 2020-2025
*Exhibit 15: Others - Market size and forecast 2020-2025 ($ million)
*Exhibit 16: Others - Year-over-year growth 2020-2025 (%)
**5.6 Market opportunity by Aircraft parts
*Exhibit 17: Market opportunity by Aircraft parts
***6. Customer Landscape
*Exhibit 18: Customer landscape
***7. Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 19: Market share by geography 2020-2025 (%)
**7.2 Geographic comparison
*Exhibit 20: Geographic comparison
**7.3 North America - Market size and forecast 2020-2025
*Exhibit 21: North America - Market size and forecast 2020-2025 ($ million)
*Exhibit 22: North America - Year-over-year growth 2020-2025 (%)
**7.4 Europe - Market size and forecast 2020-2025
*Exhibit 23: Europe - Market size and forecast 2020-2025 ($ million)
*Exhibit 24: Europe - Year-over-year growth 2020-2025 (%)
**7.5 APAC - Market size and forecast 2020-2025
*Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
*Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
**7.6 South America - Market size and forecast 2020-2025
*Exhibit 27: South America - Market size and forecast 2020-2025 ($ million)
*Exhibit 28: South America - Year-over-year growth 2020-2025 (%)
**7.7 MEA - Market size and forecast 2020-2025
*Exhibit 29: MEA - Market size and forecast 2020-2025 ($ million)
*Exhibit 30: MEA - Year-over-year growth 2020-2025 (%)
**7.8 Key leading countries
*Exhibit 31: Key leading countries
**7.9 Market opportunity by geography
*Exhibit 32: Market opportunity by geography ($ million)
***8. Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Improved parts performance with weight reduction
*8.1.2 Enabling miniaturization of jet engines
*8.1.3 Additive manufacturing transforming supply chain
*8.1.4 Convenience in printing larger components
**8.2 Market challenges
*8.2.1 Restriction for buildup envelope and product size
*8.2.2 Failure to replace conventional manufacturing
*8.2.3 Limited economy of scale
*8.2.4 Manufacturing and procedural constraints
**8.3 Market trends
*8.3.1 Combining 3D printing with traditional manufacturing
*8.3.2 Influence of 3D printing on aircraft interiors
*8.3.3 3D-printed screw threads and fasteners
***9. Vendor Landscape
**9.1 Competitive scenario
**9.2 Vendor landscape
*Exhibit 33: Vendor Landscape
**9.3 Landscape disruption
*Exhibit 34: Landscape disruption
**9.4 Industry risks
*Exhibit 35: Industry risks
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 36: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 37: Market positioning of vendors
**10.3 3D Systems Corp.
*Exhibit 38: 3D Systems Corp. - Overview
*Exhibit 39: 3D Systems Corp. - Business segments
*Exhibit 40: 3D Systems Corp. - Key news
*Exhibit 41: 3D Systems Corp. - Key offerings
**10.4 Aerojet Rocketdyne Holdings Inc.
*Exhibit 42: Aerojet Rocketdyne Holdings Inc. - Overview
*Exhibit 43: Aerojet Rocketdyne Holdings Inc. - Business segments
*Exhibit 44: Aerojet Rocketdyne Holdings Inc. - Key news
*Exhibit 45: Aerojet Rocketdyne Holdings Inc. - Key offerings
*Exhibit 46: Aerojet Rocketdyne Holdings Inc. - Segment focus
**10.5 EnvisionTEC GmBH
*Exhibit 47: EnvisionTEC GmBH - Overview
*Exhibit 48: EnvisionTEC GmBH - Product and service
*Exhibit 49: EnvisionTEC GmBH - Key news
*Exhibit 50: EnvisionTEC GmBH - Key offerings
**10.6 EOS GmbH Electro Optical Systems
*Exhibit 51: EOS GmbH Electro Optical Systems - Overview
*Exhibit 52: EOS GmbH Electro Optical Systems - Product and service
*Exhibit 53: EOS GmbH Electro Optical Systems - Key news
*Exhibit 54: EOS GmbH Electro Optical Systems - Key offerings
**10.7 General Electric Co.
*Exhibit 55: General Electric Co. - Overview
*Exhibit 56: General Electric Co. - Business segments
*Exhibit 57: General Electric Co. - Key news
*Exhibit 58: General Electric Co. - Key offerings
*Exhibit 59: General Electric Co. - Segment focus
**10.8 Hoganas AB
*Exhibit 60: Hoganas AB - Overview
*Exhibit 61: Hoganas AB - Product and service
*Exhibit 62: Hoganas AB - Key news
*Exhibit 63: Hoganas AB - Key offerings
**10.9 Materialise NV
*Exhibit 64: Materialise NV - Overview
*Exhibit 65: Materialise NV - Business segments
*Exhibit 66: Materialise NV - Key news
*Exhibit 67: Materialise NV - Key offerings
*Exhibit 68: Materialise NV - Segment focus
**10.10 Stratasys Ltd.
*Exhibit 69: Stratasys Ltd. - Overview
*Exhibit 70: Stratasys Ltd. - Product and service
*Exhibit 71: Stratasys Ltd.- Key news
*Exhibit 72: Stratasys Ltd. - Key offerings
**10.11 The Boeing Co.
*Exhibit 73: The Boeing Co. - Overview
*Exhibit 74: The Boeing Co. - Business segments
*Exhibit 75: The Boeing Co. - Key news
*Exhibit 76: The Boeing Co. - Key offerings
*Exhibit 77: The Boeing Co. - Segment focus
**10.12 The ExOne Company
*Exhibit 78: The ExOne Company - Overview
*Exhibit 79: The ExOne Company - Business segments
*Exhibit 80: The ExOne Company - Key news
*Exhibit 81: The ExOne Company - Key offerings
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 ????Notes and caveats
**11.2 Currency conversion rates for US$
*Exhibit 82: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 83: ?Research Methodology
*Exhibit 84: ??Validation techniques employed for market sizing?
*Exhibit 85: ??Information sources
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