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3D Printing Market worth $37.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 22, 2024

By offering, service segment is projected to grow at a high CAGR of 3D Printing market during the forecast period.

Key Points: 
  • By offering, service segment is projected to grow at a high CAGR of 3D Printing market during the forecast period.
  • Selective Laser Sintering involves a powder-based 3D printing method that integrates laser to fuse layers of material, creating a final part.
  • Powder Bed Fusion in process segment in 3D Printing market will account for the highest CAGR during the forecast period.
  • Automotive in the vertical segment in 3D Printing market will account for the highest CAGR during the forecast period.

3D Printing Market worth $37.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 22, 2024

By offering, service segment is projected to grow at a high CAGR of 3D Printing market during the forecast period.

Key Points: 
  • By offering, service segment is projected to grow at a high CAGR of 3D Printing market during the forecast period.
  • Selective Laser Sintering involves a powder-based 3D printing method that integrates laser to fuse layers of material, creating a final part.
  • Powder Bed Fusion in process segment in 3D Printing market will account for the highest CAGR during the forecast period.
  • Automotive in the vertical segment in 3D Printing market will account for the highest CAGR during the forecast period.

Aerospace Milled Parts Market is Forecast to Reach US$ 30.7 Billion in 2028, Says Stratview Research

Retrieved on: 
Friday, December 22, 2023

DETROIT, Dec. 22, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the global aerospace milled parts market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Key Points: 
  • The global aerospace milled parts market is segmented based on aircraft type, application type, material type, end-user type, and region.
  • Based on aircraft type - The market is segmented into commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation.
  • Among these application types, the engine is expected to remain the most dominant application in the market during the forecast period.
  • The report suggests that North America is expected to remain the largest market for aircraft-milled parts during the forecast period.

GE Aerospace and partners achieve new milestone, testing 10 different aircraft engine models with 100% Sustainable Aviation Fuel

Retrieved on: 
Tuesday, December 12, 2023

"These tests demonstrate that we are leading and prepared to support our customers to operate on Sustainable Aviation Fuel.

Key Points: 
  • "These tests demonstrate that we are leading and prepared to support our customers to operate on Sustainable Aviation Fuel.
  • To help qualify new 100% SAFs, GE Aerospace is going from engine system testing to engine component and sub-component level evaluations.
  • GE Aerospace's SAF testing efforts support the aviation industry's long-term goal of net zero CO2 emissions by 2050.
  • Additionally, GE Aerospace is an inaugural investor in the United Airlines Ventures Sustainable Flight Fund to help increase the supply of SAF.

3D Printing in Aerospace and Defense Market - Global Size & Share Analysis, Growth Trends & Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The "3D Printing in Aerospace and Defense Market Size & Share Analysis - Growth Trends & Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "3D Printing in Aerospace and Defense Market Size & Share Analysis - Growth Trends & Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
  • Diving into the dynamic landscape of 3D Printing in the Aerospace and Defense Industry, we find a diverse and fragmented market.
  • The growth trajectory extends beyond the borders, with the Asia-Pacific region poised for remarkable expansion in 3D printing for aerospace and defense.
  • India, too, is making strides in harnessing 3D printing technology for aerospace and defense applications.

Air India Selects GE Aerospace to Power Record Aircraft Order

Retrieved on: 
Tuesday, February 14, 2023

“All of us at Tata Group and Air India are delighted to have this partnership with GE Aerospace, where we will build Air India to be a world class airline and one of the most technology-advanced airlines,” said Mr. N. Chandrasekaran, Chairman of Tata Sons and Air India.

Key Points: 
  • “All of us at Tata Group and Air India are delighted to have this partnership with GE Aerospace, where we will build Air India to be a world class airline and one of the most technology-advanced airlines,” said Mr. N. Chandrasekaran, Chairman of Tata Sons and Air India.
  • “We are proud to continue our longstanding partnership with Tata Group and Air India,” said H. Lawrence Culp, Jr., Chairman and Chief Executive Officer of GE and CEO of GE Aerospace.
  • Air India also announced a CFM order for more than 800 LEAP engines, the largest LEAP order ever, to power its entire narrowbody purchase of 210 Airbus A320/A321neo aircraft and 190 Boeing 737 MAX-family aircraft.
  • "This order for GE Aerospace engines supports our Vihaan.AI transformation plan, a key part of which is to dramatically expand our fleet and global network," said Campbell Wilson, CEO & Managing Director of Air India.

3D Printing Materials Market Value To Be USD 16,230.8 Million by 2030, Says P&S Intelligence

Retrieved on: 
Tuesday, January 24, 2023

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The 3D printing materials market has garnered USD 2,578.8 million in revenue in 2022, and it is projected to rise by 25.9%, to capture USD 16,230.8 million by 2030, as per P&S Intelligence.

Key Points: 
  • NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The 3D printing materials market has garnered USD 2,578.8 million in revenue in 2022, and it is projected to rise by 25.9%, to capture USD 16,230.8 million by 2030, as per P&S Intelligence.
  • Furthermore, polymers are best suited for 3D printing applications because they offer a variety of colors and are lightweight.
  • In 2022, the filament form category had the largest volume share in the 3D printing materials industry.
  • Browse detailed report on 3D Printing Materials Market Growth, Development and Demand Forecast to 2030
    With a share of 40%, aerospace and defense stands as the largest end user in the market.

3D Printing Materials Market Value To Be USD 16,230.8 Million by 2030, Says P&S Intelligence

Retrieved on: 
Tuesday, January 24, 2023

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The 3D printing materials market has garnered USD 2,578.8 million in revenue in 2022, and it is projected to rise by 25.9%, to capture USD 16,230.8 million by 2030, as per P&S Intelligence.

Key Points: 
  • NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The 3D printing materials market has garnered USD 2,578.8 million in revenue in 2022, and it is projected to rise by 25.9%, to capture USD 16,230.8 million by 2030, as per P&S Intelligence.
  • Furthermore, polymers are best suited for 3D printing applications because they offer a variety of colors and are lightweight.
  • In 2022, the filament form category had the largest volume share in the 3D printing materials industry.
  • Browse detailed report on 3D Printing Materials Market Growth, Development and Demand Forecast to 2030
    With a share of 40%, aerospace and defense stands as the largest end user in the market.

Additive Manufacturing Global Market to Reach $83.56 Billion by 2030 at a 21.2% CAGR

Retrieved on: 
Tuesday, December 20, 2022

Additive Manufacturing (AM) market, also known as 3D printing and additive layer manufacturing, was valued at USD 14.39 billion in 2021 and is projected to reach USD 83.56 billion by 2030 at a CAGR of 21.2% during the forecast period from 2022 to 2030.

Key Points: 
  • Additive Manufacturing (AM) market, also known as 3D printing and additive layer manufacturing, was valued at USD 14.39 billion in 2021 and is projected to reach USD 83.56 billion by 2030 at a CAGR of 21.2% during the forecast period from 2022 to 2030.
  • The global additive manufacturing market is segmented on the basis of technology, printer type, material, application, component, end-user, and geography.
  • Based on end-user, the market is segmented into industrial additive manufacturing and desktop additive manufacturing.
  • North America dominates the global additive manufacturing market share and is expected to remain dominant in the market throughout the forecast period.

Additive Manufacturing Global Market Report 2022: High Adoption of Additive Manufacturing in the Automotive and Aerospace Sector Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 15, 2022

The additive manufacturing market growth can be attributed to the rising demand for 3D digital printing in the aerospace industry as 3D printing enables rapid prototyping, replacement, consolidation of multiple parts, and building tooling fixtures.

Key Points: 
  • The additive manufacturing market growth can be attributed to the rising demand for 3D digital printing in the aerospace industry as 3D printing enables rapid prototyping, replacement, consolidation of multiple parts, and building tooling fixtures.
  • The global additive manufacturing market is segmented on the basis of technology, printer type, material, application, component, end-user, and geography.
  • Based on end-user, the market is segmented into industrial additive manufacturing and desktop additive manufacturing.
  • North America dominates the global additive manufacturing market share and is expected to remain dominant in the market throughout the forecast period.