About Commercial Aerospace 3D Printing
3D printing is an additive process that involves the deposition of materials to transform a three-dimensional design into a physical component. The components are made layer by layer from a range of different materials, which include a range of metals, composites, and plastics in the filament, liquid resin, or fine powder forms. This rapidly evolving fabrication process is used in the development of advanced structures and components. The first step in creating an object is to create a 3D model that thoroughly explains the design part by part.
Technavio’s analysts forecast the global commercial aerospace 3D printing market to grow at a CAGR of 23.01% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial aerospace 3D printing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Aerospace 3D Printing Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial aerospace 3D printing market: Arcam, Arconic, EOS, ExOne, GKN, Höganäs, Materialise, and Stratasys.
Other Prominent Vendors in the market are: 3D System, Concept Laser, Norsk Titanium, SABIC, Sandvik, Solvay, and Voxeljet.
Commenting on the report, an analyst from Technavio’s team said: “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 product 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.
Arcam, Arconic, EOS, ExOne, GKN, Höganäs, Materialise, and Stratasys, 3D System, Concept Laser, Norsk Titanium, SABIC, Sandvik, Solvay, Voxeljet