Aerospace 3D Printing Market 2016 Share, Trend and Forecast Aerospace 3D Printing Market | Page 2

The aerospace 3D printing market can be segmented into six broad categories. By
material type, by form, by process, by technology, by software, and by application.
By material the aerospace 3D printing market can be further segmented into
plastics, metals, ceramics, and others. By form, the market is segmented into
filament, powder, and liquid. By process, the market has been segmented into
binder jetting, material extrusion, direct energy deposition, powder bed fusion,
sheet lamination, material jetting, and vat photo-polymerization. By technology the
market has been further divided into stereo lithography, Selective Laser Sintering
(SLS), Fuse Deposition Modeling, Direct Metal Laser Sintering (DMLS), polyjet
printing, inkjet printing, Laminated Object Manufacturing, Digital Light Processing
(DLLP), Electron Beam Melting (EBM), and Laser Metal Deposition (LMD).
Additionally the global aerospace 3D printing market has been further divided into
five regions; they are North America, Asia Pacific, Middle East, Europe, and Africa
and Latin America.
North America was the market leader in the aerospace 3D printing market in the
year 2015. 3D printing is generally used in major industrial manufacturing sectors
such as aerospace & defense, and healthcare companies. For example, GE utilizes
laser-powered 3D printers to make products and parts for the aerospace industry.
Continuous technological developments and monetary support from the
government is also propelling the market for aerospace 3D printing in the North
America region. The market for aerospace 3D printing in Asia Pacific is expected to
grow at a prime rate during the forecast period from 2016 – 2024. This tremendous
growth can be attributed to government funding and initiatives in research and
development in the Asia Pacific region.
Major players in this industry are EOS GmbH (Germany), Organovo Holdings Inc
(U.S.)., 3D Systems Corporation, Stratasys Ltd (U.S.), Solvay S.A.(Belgium), Sandvik
(Sweden) and Höganäs AB (Sweden) among others.
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