Aerospace Additive Manufacturing Market

The growing need for lightweight parts and components is driving the market growth.

Market CAGR for aircraft's weight is driven by the rising aircraft design and Development. Lightening an airplane's load decreases its environmental impact, fuel needs, and cost per mile flown. There is no sacrifice in structural integrity or aerodynamic efficiency when using 3D printing to create airplane parts, components, and frames. The lead time and cost for each aircraft are cut by 70–90% compared to other production procedures thanks to the hundreds of guides, fittings, templates, and gauges 3D printed by the makers.

For this reason, the aerospace and defense additive manufacturing industry is expected to develop in the next years as demand for lightweight and inexpensive parts continues to rise.

Additionally, low-cost carrier grips, jigs, and fittings are commonly made using aerospace AM. Similarly, the widespread adoption of AM enables fabricating components with premium materials with small production runs and low turnaround times, all of which encourage the expansion of the industry. Engines, brackets, ducting, and seat belt buckles are just a few examples of complicated and individualized parts that can be manufactured with aerospace additive manufacturing.

Furthermore, the integration of artificial intelligence (AI) with aerospace AM to monitor and adjust the 3D printing process and quickly detect geometrical distortions is providing an injection to the marketplace and the growing adoption of AM in the aerospace industry because it offers a level of precision and helps to attain more intricate designs, which is positively influencing the market growth. The temporary closure of gyms, wellness centers, healthcare facilities, and sports academies also affected industry growth.

For instance, The Engine Division of Hindustan Aeronautics Ltd (HAL) and Wipro 3D, the metal additive manufacturing (AM) division of Wipro Infrastructure Engineering (WIN), have announced the production of a metal 3D-printed aviation engine component. A crucial aero-engine component used in the hot zone is now being designed, manufactured, and certified for airworthiness as part of the partnership. As a result, it is anticipated that demand for additive manufacturing will increase throughout the projection period due to the rising aircraft design and Development. Thus, driving the aerospace additive manufacturing market revenue.

The Global Aerospace Additive Manufacturing Market Industry is poised for substantial growth, with projections indicating a rise from 9.97 USD Billion in 2024 to 63.0 USD Billion by 2035. This remarkable increase suggests a compound annual growth rate (CAGR) of 18.25% from 2025 to 2035, reflecting the industry's robust expansion. Factors contributing to this growth include technological advancements, cost reductions, and increasing demand for customized aerospace components. The market's trajectory indicates a shift towards more efficient manufacturing processes, positioning additive manufacturing as a critical component of the aerospace supply chain.

Sustainability initiatives are becoming a crucial driver for the Global Aerospace Additive Manufacturing Market Industry. As environmental concerns grow, aerospace manufacturers are increasingly adopting additive manufacturing to reduce their carbon footprint. This technology enables the production of lighter components, which can lead to lower fuel consumption and emissions during flight. Moreover, the use of recyclable materials in additive processes aligns with global sustainability goals. The market's growth trajectory, projected to reach 63.0 USD Billion by 2035, reflects the industry's commitment to sustainable practices and the potential for additive manufacturing to contribute positively to environmental objectives.

The Global Aerospace Additive Manufacturing Market Industry is experiencing rapid technological advancements that enhance production capabilities. Innovations in materials, such as high-performance polymers and metal alloys, enable the creation of complex geometries that were previously unattainable. For instance, the introduction of direct metal laser sintering (DMLS) allows for the production of lightweight yet strong components, which is crucial in aerospace applications. As a result, the market is projected to reach 9.97 USD Billion in 2024, driven by these advancements that improve efficiency and reduce waste in manufacturing processes.

Cost reduction remains a pivotal driver in the Global Aerospace Additive Manufacturing Market Industry. Additive manufacturing techniques significantly lower production costs by minimizing material waste and reducing the need for extensive tooling. For example, the ability to produce parts on-demand eliminates the costs associated with inventory management. This efficiency is particularly beneficial for aerospace companies, which face high operational costs. As the industry evolves, it is anticipated that the market will grow to 63.0 USD Billion by 2035, reflecting the financial advantages that additive manufacturing offers to aerospace manufacturers.

Customization and design flexibility are increasingly recognized as key drivers within the Global Aerospace Additive Manufacturing Market Industry. The ability to produce bespoke components tailored to specific requirements allows aerospace manufacturers to enhance performance and reduce weight. This flexibility is particularly advantageous for the production of specialized parts, such as engine components and brackets, which can be optimized for specific aircraft models. As the demand for customized solutions rises, the market is expected to witness a compound annual growth rate (CAGR) of 18.25% from 2025 to 2035, indicating a robust shift towards additive manufacturing.

Regulatory support and standards development play a significant role in shaping the Global Aerospace Additive Manufacturing Market Industry. Governments and industry bodies are actively establishing guidelines and standards to ensure the safety and reliability of additive manufactured components. This regulatory framework fosters confidence among manufacturers and encourages the adoption of additive technologies. As these standards evolve, they are likely to facilitate broader acceptance of additive manufacturing in aerospace applications. The anticipated growth of the market to 9.97 USD Billion in 2024 underscores the importance of regulatory support in driving innovation and ensuring compliance within the industry.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American aerospace additive manufacturing market area will dominate this market because of increased investments in the aviation and defense industries. In addition, increased spending on buying cutting-edge military hardware and a booming aircraft industry in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: AEROSPACE ADDITIVE MANUFACTURING MARKET SHARE BY REGION 2022 (USD Billion)

Source Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe’s aerospace additive manufacturing market accounts for the second-largest market share because of the growing interest in additive manufacturing, increasing investments in the aviation industry, and the acquisition of cutting-edge defense equipment containing 3D printed components contribute to the expansion of the market in Europe. Further, the German aerospace additive manufacturing market held the largest market share, and the UK aerospace additive manufacturing market was the fastest-growing market in the European region.

The Asia-Pacific aerospace additive manufacturing market is expected to grow at the fastest CAGR from 2024 to 2032. It is due to rising investments in lightweight component development for the defense and aerospace industries that are the primary driver of this expansion. Moreover, China’s aerospace additive manufacturing market held the largest market share, and the Indian aerospace additive manufacturing market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Aerospace Additive Manufacturing market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the aerospace additive manufacturing industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the aerospace additive manufacturing industry to benefit clients and increase the market sector. In recent years, the aerospace additive manufacturing industry has offered some of the most significant technological advantages.

Major players in the aerospace additive manufacturing market, including Arcam AB (Sweden), 3d Systems Inc. (U.S.), CRP Technology SRL (Italy), Concept laser GMBH I (Germany), Eos (Germany), CRS Holdings Inc. (U.S.), Optomec (U.S.), Stratasys ltd (U.S.), Exone (U.S.), SLM solution group AG (Germany), and others, are attempting to increase market demand by investing in research and development operations.

GE Additive, a division of General Electric (NYSE GE), is a frontrunner in metal additive design and manufacturing. Our comprehensive offering of additive expertise, cutting-edge machinery, and premium powders equip our customers to create novel products. Products that address issues in manufacturing boost corporate performance and effect positive social change. Concept Laser and Arcam EBM are two additive machine brands owned by GE Additive and additive powder supplier AP&C. In October 2022, GE Additive's Binder Jet Line and Series 3 printer had more specifications made public.

After four years of client discovery, collaboration, and testing, the system will be released in the second half of 2023, ready and relevant for modern, high-volume, serial production scenarios.

In 1986, 3D Systems pioneered the 3D printing business, and ever since then, the Company has been at the forefront of additive manufacturing advancements. From plastics to metals, our Applications Innovation Group provides industry-specific engineering knowledge to support our extensive hardware, software, and material solutions portfolio. We use a collaborative, application-centric approach when resolving your most pressing design and manufacturing issues. Our customers can overcome traditional manufacturing barriers and fully realize the potential of additive manufacturing thanks to the combination of our solutions, expertise, and innovation.

Founded in 1984 and headquartered in Rock Hill, South Carolina, 3D Systems has expanded its footprint to include offices, manufacturing sites, and Customer Innovation Centers. In December 2022, An additive manufacturing system for producing electrical connectors in compliance with demanding UL regulatory criteria was collaboratively developed by 3D Systems and TE Connectivity, a leader in connectors and sensors.