Analysis of Global 3D Printing in Low-Cost Satellite Market 2017-2021 May 2017

Global 3D Printing in Low-Cost Satellite Market 2017-2021
Global 3D Printing in Low-Cost Satellite Market report covers the present scenario and the growth
prospects of the industry for 2017-2021. To calculate the market size, the report considers the new
installations. The analysts forecast global 3D Printing in Low-Cost Satellite market to grow at a CAGR of
55.71% during the period 2017-2021.
Key vendors
The key vendors in the 3D Printing in Low-Cost Satellite Market are Airbus, Boeing, Lockheed Martin,
Stratasys.
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Other Prominent Vendors
Other Prominent Vendors in the market are Aerojet Rocketdyne, ExOne.
The report, Global 3D Printing in Low-Cost Satellite Market 2017-2021, has been prepared based on an
in-depth market analysis with inputs from industry experts. This 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.
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Market driver
Rise in CubeSat development and deployment.
Market challenge
Limited economies of scale.
Market trend
Economically viable space travel.
3D printing involves the synthesis through the addition of successive layers of materials with the support
of computerized control technology to design an object or component. This process allows
manufacturers to produce small and micro-components of various shapes and size. It also allows the
reduction of the overall weight of components, thus substantially reducing the overall weight of a
satellite system.
The use of 3D printing in the manufacturing of low-cost satellites can ensure a reduction in
manufacturing time, overall cost association, and wastage of materials. Therefore, the adoption of 3D
printing in the satellite sector is anticipated to reflect long-term sustainability while ensuring
enhancement in the overall performance of a low-cost satellite.