Aerospace 3D Printing Market to Expand at a CAGR of 20.1% during the Forecast Period; Growing Demand for Lightweight Components to Drive the Market Expansion

The global aerospace 3D printing market size was valued at USD 3.53 billion in 2024. It is predicted to grow from USD 4.04 billion in 2025 to USD 14.53 billion by 2032, exhibiting a CAGR of 20.1% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Aerospace 3D Printing Market Size, Share & Industry Analysis, By Vertical (Printers and Materials), By Materials (Metal, Composite, and Polymers (Plastic)), By Platform (UAV, Aircraft, and Spacecraft), By Application (Engine Component, Space Component, and Structural Component), By Printer Technology (Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS), and Others), and Regional Forecast, 2025-2032”. 

The growing demand for lightweight components to enhance fuel efficiency and decrease operational costs majorly drives the aerospace 3D printing market growth. Businesses operating in the aerospace sector are inclining toward the use of 3D-printed components due to their high strengths and reliability. Additionally, the need to reduce waste and optimize manufacturing processes allows for the production of spare components as required.

Moreover, advancements in aerospace 3D printing techniques and materials also enhance the efficiency of the system. Ongoing mergers and strategic partnerships between the technology giants focus on improving product quality, thus driving market growth.

Growing Number of Projects Developed by Key Players to Fuel Market Growth

In October 2024, the U.S. Air Force granted Beehive Industries a USD 12.4 million contract to create 3D print military jet engines for unmanned military vehicles. As per this agreement, this organization will team up with the University of Dayton Research Institute (UDRI) and the Air Force Rapid Sustainment Office, Wright-Patterson Air Force Base, to develop and produce low-cost small expendable turbine engines.

Enhancement in Printing Techniques and Materials to Boost the Market Growth

Automation, continuous liquid interface production (CLIP), direct metal laser sintering, and light-assisted printing are a few examples of emerging technologies that result in rapid 3D printing solutions. Additionally, the growing focus on integrating AI in aerospace 3D printing solutions also increases the efficiency of printing and component designing. These factors collectively contribute to the market growth.

On the other hand, the higher initial cost of implementing aerospace 3D printing systems hampers the market growth.

Top Players Focus on Partnerships and Mergers to Strengthen Their Market Presence

The global market is characterized by high competition, with prominent aerospace 3D printing product providers investing in R&D to optimize their capabilities and enhance their offerings. With the growing demand for advanced aerospace systems, the supply of 3D-printed parts has been crucial in the market, thus strengthening the competition in the market.

Notable Industry Development

• April 2024 - The U.S. Air Force Research Laboratory (AFRL) assigned Relative Space a deal worth USD 8.7 million to explore real-time flaw detection in additive manufacturing with its Stargate 3D printing platform to discover in-situ process monitoring.

List of the Companies Profiled in the Report

• Aerojet Rocketdyne Holdings, Inc. (U.S.)
• 3D SYSTEMS, INC. (U.S.)
• Materialise NV (Belgium)
• MTU Aero Engines AG (Germany)
• Stratasys Ltd. (Israel)
• Desktop Metal, Inc. (EXONE) (U.S.)
• Velo 3D (U.S.)
• GE Sweden Holdings AB (Arcam AB) (Sweden)
• Envisiontec US LLC (Germany)
• EOS GmbH (Germany)
• Höganäs AB (Sweden)
• Ultimaker B.V. (Netherlands)
• Relativity Space (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/aerospace-3d-printing-market-101613

Further Report Findings

• North America held the largest aerospace 3D printing market share due to the growing demand for lightweight components and advancements in technology in the sector.
• Market expansion in Asia Pacific is driven by the region’s ability to produce complex parts as per the requirements with higher efficiency and flexibility. Additionally, government initiatives to enhance the aerospace and defense sector have also led to this dominance.
• In terms of vertical, the printer segment dominated the market owing to the growing demand for 3D printed spare parts in space, UAVs, and the aviation sector.

Table of Segmentation