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Global Commercial Aerospace 3D Printing Market Report 2017 Forecast to 2021 - Market to Grow at a CAGR of 23.01% - ResearchAndMarkets.com

[April 11, 2018]

Global Commercial Aerospace 3D Printing Market Report 2017 Forecast to 2021 - Market to Grow at a CAGR of 23.01% - ResearchAndMarkets.com

The "Global Commercial Aerospace 3D Printing Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

Global commercial aerospace 3D printing market to grow at a CAGR of 23.01% during the period 2017-2021.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is combining 3D printing with traditional manufacturing. The trend of 3D printing is in its initial phase of development, but it has a wide impact on several manufacturing industries. Researchers have paired traditional manufacturing with 3D printing and are anticipating greater profitability with this combination.

According to the report, one driver in the market is improved part performance with weight reduction. 3D printing technology has provided designers with the freedom to explore complex part designs that can deliver maximum performance. It also facilitates the integration of parts. As conventional methods are required to check for the feasibility in produt manufacturing, designers must consider the manufacturing constraints involved. For instance, sheet and wire cannot be produced by casting, and 3D components cannot be produced via rolling or extrusion. 3D printing has no such restrictions, and the flexibility in design and production can be ensured.

Further, the report states that one challenge in the market is restriction for build-up envelope and product size. An aircraft consists of very large components, and the acceptance of 3D printing will depend on how these products can be produced using the technology. 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 powder bed fusion process a widely applied technology for metal printing. 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.

Key Vendors