80 likes | 94 Views
Military 3D Printing Market Report Information by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, & Region–Forecast till 2023
E N D
Military 3D Printing Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Military 3D Printing Market 2018 Military 3D Printing Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 3D printing is the process of building three-dimensional objects based on a Computer-Aided Design (CAD) digital model. It is used to create aircraft parts that are lightweight and reduce the raw material consumption.. It covers various technologies such as binder jetting and digital light processing. Additive manufacturing is the broader term that includes 3D-printing, material extrusion, and sheet lamination. However, in the industry the two terms are used interchangeably. Technology advancement in additive manufacturing would require highly accurate 3D printing technology. Significant investments have been made on the development of 3D printing technology, which would lead to rapid growth of the market during the forecast period. However, primary restraints of the military 3D printing market is the high cost of 3D printing parts and lack of standard process control. The increasing need for advanced 3D printing technologies and development of portable printers will offer new growth opportunities to the market players. The factors responsible for market growth are increasing investments by defense entities, reduction in manufacturing cost of parts, and high demand for lightweight parts and components in the defense industry. Several contracts have been signed to bolster the growth of the market. In 2017, Stratasys Ltd signed a contract with Airbus to produce 3D printed polymer parts for A350 XWB aircraft. In 2015, 3D Systems signed a contract with Air Force Research Laboratory (AFRL) to develop advanced aerospace and defense 3D printing manufacturing capabilities. 2 www.marketresearchfuture.com
Military 3D Printing Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Military 3D Printing Market Research Report - Global Forecast 2023” The emergence of 3D printing in product development stage for defense companies has boosted the market. Furthermore, the U.S. government has taken initiatives towards building indigenous military aerospace engineering capabilities. For instance, General Electric had invested in its Manufacturing and Technology Center (GEMTEC) to expand the additive manufacturing capabilities, including the ability to manufacture HA and F-class turbines. 3 www.marketresearchfuture.com
Military 3D Printing Market 2018 Segmentation: The global military 3D printing market has been segmented by offering, application, platform, process, technology, and region. Direct energy deposition is the most widely used type and thus, the segment has the largest market share due to the requirement for printing small-to-medium sized and highly-complex functional parts of defense equipment. On the basis of application, the military 3D printing segment is estimated to witness the largest demand during the forecast period, owing to the high adoption of 3D printing technology to develop complex parts with minimum wastage. On the basis of platform, the airborne segment is estimated to witness the largest demand during the forecast period, owing to the increasing usage of 3D printing technology to develop lightweight and durable components of aircraft and drones. Browse Report @ https://www.marketresearchfuture.com/reports/military-3d-printing-market-6276 4 www.marketresearchfuture.com
Military 3D Printing Market 2018 Application & Major Players in this Research: Military 3D Printing Market Prominent Players: The key players in the global military 3D printing market are Stratasys (U.S.), 3D Systems Corporation (U.S.), The Exone Company (U.S.), EOS GmbH (Germany), Arcam AB (Sweden), Norsk Titanium AS (U.S.), American Elements (U.S.), Cimetrix Solutions (Canada), Artec Europe (Luxembourg), 3T RPD (U.K), Optomec Inc. (Mexico), Initial (France), Markforged (U.S.), Smg3D (U.K), and Engineering & Manufacturing Services (U.S.). Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6276 5 www.marketresearchfuture.com
Military 3D Printing Market 2018 Military 3D Printing Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: On the basis of region, the market is segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America. North America is expected to dominate the market in the coming years, due to the increasing applicability of 3D printing technology in various industries. Asia-Pacific follows North America in the global military 3D printing market and is estimated to trail North America during the forecast period due to the increased military spending in countries such as India and China. The global military 3D printing market is estimated to witness a CAGR of 28%, from 2018 to 2023. 6 www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 7 www.marketresearchfuture.com
THANK YOU MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 8 www.marketresearchfuture.com