Global Aerospace 3D Printing Market 2016-2020, 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.
Pune, Maharashtra -- (SBWIRE) -- 01/23/2017 -- Global Aerospace 3D Printing Market 2016-2020, 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.
The global aerospace 3D printing market to grow at a CAGR of 55.85% during the period 2016-2020.
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One of latest trends in the aerospace 3D printing market is influence of 3D printing on aircraft interiors. 3D printing enables the fabrication of continuous units, i.e., the features are combined in one part, which brings down the material usage, extra hardware and attachment, as well as the overall weight. Some of the components that can benefit from 3D printing are air ducts, wall panels, and seat framework, which will make the production of complex geometries and organic shapes more convenient and lightweight.
The report also includes a discussion of the key vendors operating in this Aerospace 3D Printing market.
Key vendors of Aerospace 3D Printing Market:
- Honeywell International
Other prominent vendors
- AERIA Luxury Interiors
- MTU Aero Engines
- Norsk Titanium
- Pratt & Whitney
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According to the Aerospace 3D Printing market report, one of the primary drivers in the market is miniaturization of jet engines. 3D printing not only contributes to the overall weight reduction of the aircraft but also enables miniaturization of aircraft components. This, in turn, results in fuel efficiency and a lower operating cost. When a gas turbine utilizes pulsed injection of fuel instead of a constant injection, the pressure in both the compressor and combustion chamber increases. This enables the design of smaller and lighter compressor systems, which saves a considerable amount of fuel. The pulsed injection, however, results in periodic blockage and detonations, and the resultant shock waves affect the other parts of the engine.
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Further, the report states that one major challenge in the market is aerospace 3D printing cannot replace conventional manufacturing. With greater disruptiveness of the additive manufacturing technologies, 3D-printed joints are expected to be increasingly used across the aerospace domain. However, it will not replace traditional components in all aspects. Instead, it will act as a high-performance tool with numerous capabilities to improve conventional methodologies.
The Aerospace 3D Printing Market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Price of Report: $2500 (Single User Licence)
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Key questions answered in this report
- What will the Aerospace 3D Printing market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this Aerospace 3D Printing market?
- What are the challenges to Aerospace 3D Printing market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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