Market Research Future - Premium Research Reports Aerospace Additive Manufacturing Market 2016-2021
Aerospace Additive Manufacturing Market
Expected to Grow at a CAGR of Around 21%
during 2016-2021
Market Synopsis of Global Aerospace Additive Manufacturing Market
The Global Aerospace Additive Manufacturing Market is expected to grow at a CAGR of around 21%
during 2016-2021. The key factors driving the growth are weight reduction & fuel consumption, feasible
& eco-friendly manufacturing process, growth in utilization and acceptance in the aerospace industry,
and ease of manufacturing for complex parts & freedom in design.
As per the MRFR analysis, issues related to its commercialization, expensive AM materials, slow
adoption of this technology against convention manufacturing process are the factors restraining the
market growth. Metal-based addictive manufacturing is growing at a rapid speed and is expected to lead
the market into the 21st-century.
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Global Aerospace Additive Manufacturing Market ($ million), 2016-2021
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