Global Aerospace 3D Printing Market Size, Share, Strategies, Global Insights, Analysis and Forecasts, 2016 To 2020
Technavio Announces the Publication of its Research Report Global Aerospace 3D Printing Market 20162020 Technavio recognizes the following companies as the key players in the global aerospace 3D printing market: Airbus, Boeing, GE, Honeywell International, and Rolls-Royce. Other prominent vendors in the market are: AERIA Luxury Interiors, JBRND, Moog, MTU Aero Engines, Norsk Titanium, and Pratt & Whitney. Browse full report with TOC @ https://marketreportscenter.com/reports/473563/global-aerospace-3dprinting-market-2016-2020 Commenting on the report, an analyst from Technavioâ€™ s team said: â€œOne of latest trends in the market is influence of 3D printing on aircraft interiors. 3D printing enables the fabrication of continuous units, i.e., the features are combined in one part, which brings down the material usage, extra hardware and attachment, as well as the overall weight. Some of the components that can benefit from 3D printing are air ducts, wall panels, and seat framework, which will make the production of complex geometries and organic shapes more convenient and lightweight. These advanced manufacturing processes are expedient when the carriers want to accommodate more passengers by adding seats. Furthermore, the use of 3D printing techniques can be employed to make the panels, overhead compartments, and seat components.â€? According to the report, one of the primary drivers in the market is miniaturization of jet engines. 3D printing not only contributes to the overall weight reduction of the aircraft but also enables miniaturization of aircraft components. This, in turn, results in fuel efficiency and a lower operating cost. When a gas turbine utilizes pulsed injection of fuel instead of a constant injection, the pressure in both the compressor and combustion chamber increases. This enables the design of smaller and lighter compressor systems, which saves a considerable amount of fuel. The pulsed injection, however, results in periodic blockage and detonations, and the resultant shock waves affect the other parts of the engine. Further, the report states that one major challenge in the market is 3D printing cannot replace conventional manufacturing. With greater disruptiveness of the additive manufacturing technologies, 3D-printed joints are expected to be increasingly used across the aerospace domain. However, it will not replace traditional components in all aspects. Instead, it will act as a high-performance tool with numerous capabilities to improve conventional methodologies. 3D-printed components are often
produced by joining or fusing two separate, homogeneous materials. These parts are usually difficult to separate, thus projecting a challenge during recycling. The proprietary â€˜ hyper jointâ€™ technology by Airbus represents such a challenge. Airbus is already working toward developing the most economically viable way of separating the parts of the joint. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/473563 About Aerospace 3D Printing 3D printing manufacturing refers to the process of synthesizing successive layers of materials with the support of computerized control technology to create an object or component. This process empowers manufacturers to produce small and micro-components of almost any shape or size. It also allows the manufacturers to reduce the overall weight of the components, thus substantially reducing the overall weight of an aircraft. This innovative printing method allows cost-efficient and just-in-time (JIT) manufacturing of parts. It also permits quick design and rapid changes of internal features of the components, which would not be possible with traditional manufacturing methods. Technavioâ€™ s analysts forecast the global aerospace 3D printing market to grow at a CAGR of 55.85% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global aerospace 3D printing market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market from the procurement of aircraft components and subsystems that are manufactured using 3D printing technology. The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Aerospace 3D Printing Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/473563
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According to the report, one of the primary drivers in the market is miniaturization of jet engines. 3D printing not only contributes to the...