DUBLIN--(BUSINESS WIRE)--The "Aerospace Additive Manufacturing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Aerospace Additive Manufacturing estimated at US$776.1 Million in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2026, growing at a CAGR of 16.1% over the analysis period.
Metal Alloy, one of the segments analyzed in the report, is projected to grow at a 16.9% CAGR to reach US$1.4 Billion by the end of the analysis period.
After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rubber segment is readjusted to a revised 15.9% CAGR for the next 7-year period. This segment currently accounts for a 14.5% share of the global Aerospace Additive Manufacturing market. Increasing interest in metal-based materials would in turn spur adoption of 3D printing technology in traditional manufacturing applications, wherein high-value parts are often manufactured using metals and metal alloys. Although the application of metals, particularly functional metals (titanium and steel) and conductive metals (copper, gold and silver) in the 3D printing industry is still in nascent stages, metal AM is expected to have huge implications in foreseeable future.
The U.S. Market is Estimated at 273.4 Million in 2021, While China is Forecast to Reach $210.2 Million by 2026
The Aerospace Additive Manufacturing market in the U.S. is estimated at US$273.4 Million in the year 2021. The country currently accounts for a 33.09% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$210.2 Million in the year 2026 trailing a CAGR of 17.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.2% and 15% respectively over the analysis period.
Select Competitors (Total 38 Featured) -
- 3D Systems, Inc.
- Arconic Inc.
- CRP Technology S.r.l
- EOS
- ExOne
- GE Additive
- GKN Additive
- Optomec, Inc.
- Stratasys Ltd.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 Pandemic and Looming Global Recession
- Pandemic Dents Prospects in the Aviation Industry
- COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020E
- Global Airlines Performance by Region: 2020 Vs 2019
- Additive Manufacturing Offers Panacea to Distressed Aviation Industry for Resurgence in Post-COVID-19 Era
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Additive Manufacturing: A Transformative Technology
- Additive Manufacturing in the Aerospace Industry: An Introduction
- Benefits of Additive Manufacturing for Aerospace Manufacturing
- Aerospace Additive Manufacturing by Technology
- Applications of 3D Printing in Aerospace Industry
- Additive Manufacturing Versus Subtractive Processes
- Global Aerospace Additive Manufacturing Market: Prospects & Outlook
- Aircraft Manufacturing Leads the Aerospace AM Market
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- AM Technology's Role in Lightweight and Complex Parts and Components in Aerospace Industry Drives Market
- Numerous Advantages of Additive Manufacturing Drive Technology Use to Create Spare Parts for Aerospace Industry
- Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
- Global Airline Industry: Number of Scheduled Passengers Boarded (in Million) for 2010-2020E
- Business & General Aviation Segment Poised to Lead Future Growth in the Additive Manufacturing Market
- Number of General Aviation Aircrafts Produced Worldwide for the Years 2010, 2012, 2014, 2016 and 2019
- Global General Aviation Market: Revenue Share (in %) by Aircraft Type for 2019
- Growing Role of Additive Manufacturing in Commercial Aircraft MRO
- Growing Use of 3D Printing for Aircraft Interiors to Boost Market Prospects
- Global Aircraft Cabin Interiors Market Size (in US$ Billion) for the Years 2020, 2023 and 2026
- Additive Manufacturing Holds Potential to Transform the Defense Industry
- With Drone Usage Rising, AM Technology Emerges to Make Drones Accessible and Affordable
- Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
- Additive Manufacturing Gains Prominence in Satellite Manufacturing
- Wire Arc Additive Manufacturing Delivers Low Buy-To-Fly Ratios
- H-WAAM Technology Facilitates 3D printing of Large Metal Parts
- FDM Technology: Tremendous Benefits Propel Use in Aerospace Industry
- Metal Printing Materials to Outdo Plastic Materials
- Metal Additive Manufacturing in Aerospace Industry Poised for Inevitable Recovery
- 3D Printed Plastic Additives Gaining Traction in Commercial Aviation Sector
- Use of Additive Metal Manufacturing in the Replacement Market
- Increasing R&D Focus on Print Materials
- Graphene: A Material with Enormous Potential
- Technology Innovations to Boost Market Prospects
- Russian Scientists Strengthen 3D-Printed Aerospace Parts Using Carbon Nanofibers
- In-house Additive Manufacturing Offers Benefits to Aerospace Companies
- Challenges Facing Aerospace Additive Manufacturing Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/civrjh
