- The key vendors in the global aerospace additive manufacturing market 2015-2019 are 3D Systems Inc., Arcam AB, EOS GmbH, ExOne Co. and Stratasys Ltd.
London, 23 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global aerospace additive manufacturing market 2015-2019. Advances in additive manufacturing materials is one of the major trends upcoming in the market. there has been significant progress regarding properties, quality improvement, and availability of varieties of AM materials. For example, varieties of metals such as aluminum alloys, titanium alloys, steel, and nickel-based alloys are now available for AM. The global aerospace additive manufacturing market 2015-2019 is expected to grow at a CAGR of 20.47% during 2014-2019.
“AM is slowly shifting from a mere rapid prototyping technology to series production readiness. One of such radical shifts is the capability of AM machines to make fully functional metal-based aerospace parts,” says Faisal Ghaus, Vice President of Technavio Research.
“Various AM processes such as powder bed fusion, metal binder jetting, and direct energy deposition are fully capable of producing high-quality metal parts.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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