According to a new report by UnivDatos, Aerospace 3D Printings are expected to reach USD Million in 2032 by growing at a CAGR of 19.84%. The rising demand for aerospace 3D printing is due to the key factors that have contributed to the growth of the integration of 3D printing in spacecraft manufacturing, as well as the rising demand for aircraft components for MRO activities. 3D printers are used to manufacture complex parts of aerospace vehicles that are either required in small numbers or require specialized lightweight designs to reduce the cost.
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Growing Demand:
The rising demand for 3D printing in spacecraft/satellite manufacturing is one of the key factors that has supported the market growth. The spacecraft/satellite industry has witnessed a significant rise due to factors such as a focus on satellite communication, space tourism, defense capability expansion, etc. Many of the spacecraft manufacturing companies have aligned their efforts towards developing a fully-3D printed spacecraft to reduce the structural challenges. For instance, in 2023, the US-based Relativity Space launched its 3d printed rocket, Terran-1, skyward before falling into the sea after a few minutes. According to the company, the rocket was 85% 3D printed.
In another instance, in 2024, the Indian Space Research Organization (ISRO) announced that it launched its first 3d printed satellite with the help of PSLV (Polar Satellite Launch Vehicle). According to ISRO, the 3d printing reduced the number of components in the engine from fourteen to one, reducing the overall production time by 60%.
Various other factors have also contributed to the surge in demand for Aerospace 3D Printings due to aircraft using 3D printed parts, which would open a new horizon of growth opportunity in the coming years. In 2023, the 60th Maintenance Squadron and 349th Aircraft Maintenance Squadron announced they recently finished work to modify an internal part for a C-5M Super Galaxy aircraft by incorporating 3D-printed materials.
Additionally, various government policies and regulatory support are also developing frameworks to support the deployment of aerospace 3D printing. This also includes guidelines for testing and operations, which would help the ecosystem of aircraft demand to grow and help the Aerospace 3D Printing market in the long run.
Applications:
Aerospace 3D Printing, also known as additive manufacturing, is used to print objects of different shapes and sizes by depositing material layer by layer according to a digital design. The usage of 3D printing offers a flexible option for manufacturing for aerospace companies looking to produce components in small numbers and with high precision.
3D printing in aerospace offers various flexibilities such as providing lightweight structural design, manufacturing intricate designs, especially in engine parts, customizing the parts as per the requirement. Many of the other applications can be offered by 3D printing rapid prototyping, ease of prototyping in space, reduced supply chain dependencies, ease of repair and maintenance, etc.
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Technological Innovation:
Post Production techniques and powder bed infusion innovations are some of the notable technological advancements in the aerospace 3d printing sector. Technologies such as selective laser melting and electron beam melting have witnessed continuous improvement in software control, machine hardware, and powder handling process. These improvements help in resulting tighter dimensional accuracy improved surface finish in the final result, etc.
Post processing techniques have also enhanced significantly considering the innovations in heat treatment, surface finishing, machining, dimensional accuracy, etc. Advanced post-processing methods enable the production of parts that meet the strict requirements of aerospace applications. This would further improve and assist market growth in the forecasted years, i.e., 2024-2032.
Conclusion:
In conclusion, the Global Aerospace 3D Printing market is poised for continued growth and innovation driven by economic expansion, aircraft MRO and upgradation, technological advancements, and sustainable practices. The increasing demand for commercial aviation, as well as the need for improved production techniques in the spacecraft industry, underscores the pivotal role of Aerospace 3D Printing across the globe. As stakeholders navigate challenges such as cost management, regulatory compliance, and market competitiveness, collaborations, investments in Aerospace 3D Printing infrastructure, and rising demand for military aircraft would also play a vital role in shaping the future of the Global Aerospace 3D Printing market, ensuring its resilience and contribution to the global aviation landscape.
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