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Aerospace Additive Manufacturing Market Features, And Forecast

Aerospace Additive Manufacturing Market

Topnewspro.com The “Aerospace Additive Manufacturing Market” report has been added by Logic Research and Solutions.

The Global Aerospace Additive Manufacturing Market is expected to grow at a CAGR of around 19% during 2016-2021. Whereas, APAC and EMEA will have significant growth and is expected to grow at healthy CAGR of around 21% and 20%, respectively during the forecast period. 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.

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As per the Logic Research and Solutions 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.

Aerospace Additive Manufacturing Market Features

Some of the key players in the Global Aerospace Additive Manufacturing Market are 3D Systems, Arcam, EOS, ExOne, Stratasys, ATI, Carpenter Technology, Concept laser, CRP Technology, Optomec, Proto Labs, Renishaw, SLM Solutions, and Voxeljet.

Additive manufacturing (AM) is an automatic process used to create rapid prototypes and functional end-use parts. It takes virtual designs from Computer Aided Design (CAD) software, and transforms them into thin, virtual, horizontal layer-wise cross-sections until the model is complete.  A large number of technological innovations in additive manufacturing procedures have been witnessed in the past years.

Covered in this report

First of all the noteworthy thing in this report is the latest market study published in June 2018. Even more, another most importantly according to the report Market analyst covered key regions, key vendors, key questions and you will get trends and forecast by 2023. Besides that, you can get details about market segments, key drivers, and demand.

ShekharD