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(Transportation-News.com, January 10, 2019 )
Stratview Research has published a new research report on Aerospace 3D Printing Market. This extensive report by Stratview Research analyses the growth of Aerospace 3D Printing Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
● by vertical Type (material and printer)
● by Industry Type (aircraft, UAV, and Spacecraft)
● by Application Type (Engine Component, Structural Component,and Others)
● by Printer Technology Type (Stereolithography, Direct Metal Laser Sintering, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/346/Aerospace-3D-Printing-Market.html
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Get a free sample of the report: https://www.stratviewresearch.com/toc/346/Aerospace-3D-Printing-Market.html
Aerospace industry to witness a quantum change
The aerospace 3D printing market is projected to grow at an impressive CAGR of 22.3% during the forecast period. The aerospace industry has been witnessing a quantum of change in the technologies targeting lightweight products, high-quality products, low part cycle time, and to address supply chain bottlenecks. 3D printing is one of the most promising technologies, which efficaciously addresses most of these areas with minimal waste and at a reduced time. The process further has environmentally friendly attributes and solves the supply chain complexity efficiently.
Currently, 3D printing accounts for a diminutive share in the total aerospace industry; however, it is expected to be the fastest-growing technology in the industry in the foreseen future. Both, aircraft manufacturers as well as engine manufacturers, have eagerly been relying on the technology in order to develop lightweight parts.
Materials segment to witness a higher growth
The aerospace 3D printing market is segmented based on the vertical type as Materials and Printers. The materials segment is expected to witness a higher growth in the aerospace 3D printing market during the forecast period, owing to the usage of a wide range of materials to print engine and structural components.
Top market players
The supply chain of this market comprises raw material suppliers, 3D printer manufacturers, tier players, engine and aircraft OEMs, and end-users. The key players in the aerospace 3D printing market are MTU Aero Engines AG, Stratasys Ltd., Ultimaker B.V., 3D Systems Corporation. New product development, regional expansion, and long-term relation with customers are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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