DUBLIN--(BUSINESS WIRE)--The "Military 3D Printing Market by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The military 3D printing market is estimated to be USD 799.8 million in 2018 and is projected to reach USD 4,594.4 million by 2025, at a CAGR of 28.37% from 2018 to 2025
The demand for lightweight parts and components in the defense industry and investments made by defense entities in 3D printing projects are key factors projected to drive the growth of the military 3D printing market. However, limited availability of materials and stringent military standards are acting as restraints to the growth of the market.
Based on offering, the printer segment is estimated to lead the military 3D printing market in 2018. OEMs are focused on the adoption of 3D printing technology to manufacture defense equipment, which, in turn, has contributed to the increasing demand for 3D printers.
Based on process, the powder bed fusion segment is estimated to lead the military 3D printing market in 2018. Benefits of powder metal 3D printing that include diverse material options and suitability for prototyping are contributing to the growth of the powder bed fusion segment.
Based on application, the prototyping segment is estimated to lead the military 3D printing market in 2018. The increasing use of 3D printing by defense companies to reduce wastage during prototype transitions in traditional manufacturing is one of the key factors driving the market for prototyping.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Military 3D Printing Market, By Offering
8 Military 3D Printing Market, By Platform
9 Military 3D Printing Market, By Application
10 Military 3D Printing Market, By Process
11 Military 3D Printing Market, By Technology
12 Regional Analysis
13 Competitive Landscape
14 Company Profiles
- 3D Systems Corporation
- The Exone Company
- EOS GmbH
- Arcam AB
- Norsk Titanium as
- American Elements
- Cimetrix Solutions
- 3T RPD
- Engineering & Manufacturing Services
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