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    Military 3d Printing Market | Covid-19 Impact Analysis

    Military 3d Printing Market | Covid-19 Impact Analysis

    Military 3d Printing Market | Covid-19 Impact Analysis
    Report code - SRAD298 Delivery - 2 Weeks
    Military 3D Printing Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Military 3d Printing Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Military 3d Printing Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Military 3D Printing Market Insights

    Military 3D Printing Market is likely to witness an impressive CAGR of 30.2% during the forecast period. The escalating demand for lightweight parts and components in the defense sector and growing investments made by various defense entities in 3D printing ventures are the prime factors estimated to drive the growth of the global military 3D printing market.

    Military 3D Printing Market - Snapshot

    Growth

    30.2% for the next five years

    Major Offering Type

    Printer

    Major Platform Type

    Airborne

    Dominant Application Type

    Prototyping

    Dominant Process Type

    Direct energy deposition

    Region with the highest demand

    North America

    Key Players

    Arcam AB, Artec 3D, Cimetrix Solutions, 3D Systems Corporation, 3T RPD, EOS GmbH, Engineering & Manufacturing Services, Norsk Titanium as, Optomec, and Stratasys, Ltd.

     

    Market Share Analysis

    Military-3D-Printing-Market-Dominant-Segments

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    Military 3D Printing Market Share: By Offering Type

    Based on the offering type, the market is segmented as printer, material, software, and service. The printer segment is estimated to remain dominant in the coming five years, owing to the growing demand for 3D printed components from various OEMs in the defense sector.

    Military 3D Printing Market Share: By Platform Type

    Based on the platform type, the market is segmented as airborne, land, naval, and space. The airborne segment is projected to register the highest growth during the forecast period. This growth is attributed to the augmenting employment of 3D printing technology to process lightweight and durable components of aircraft and drones.

    Military 3D Printing Market Share: By Application Type

    Based on the application type, the market is segmented as prototyping, functional part manufacturing, and tooling. 3D printing or additive manufacturing aids develop prototypes and models from 3D Computer-aided Design (CAD). OEMs in the defense sector are attentive on the acceptance of 3D printing technology to engineer intricate parts with minimal wastage. The necessity to manufacture financially viable prototypes in accordance with the specific customer requirements is one of the most significant influencers expected to boost the growth of the prototyping segment during the forecast period.

    Military 3D Printing Market Share: By Process Type

    Based on the process type, the market is segmented as powder bed fusion, material extrusion, vat photopolymerization, material jetting, binder jetting, direct energy deposition, and sheet lamination. The direct energy deposition segment is expected to witness the highest growth during the forecast period. This growth is owing to the requirement for printing small-to-medium sized and highly-intricate operational components of defense equipment.  

    Military 3D Printing Market Share: By Region

    In terms of regions, the North American region dominated the military 3D printing market in 2018. The growing applicability of 3D printing technology in diverse industries, such as aerospace, chemicals, and automotive, in North America is one of the most contributing factors expected to stimulate the growth of the global military 3D printing market in this region, in the coming five years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Military-3D-Printing-Market-By-Region

    Know which region offers best growth opportunities. Click here

    Military 3D Printing Market: Key Players

    Some of the major players in the military 3D printing market are-

    • Arcam AB
    • Artec 3D
    • Cimetrix Solutions
    • 3D Systems Corporation
    • 3T RPD
    • EOS GmbH
    • Engineering & Manufacturing Services
    • Norsk Titanium as
    • Optomec
    • Stratasys, Ltd.

     

    Market Scope & segmentation

    Military 3D Printing is the new technique introduced for application areas of tooling, functional part manufacturing, and prototyping.

    Military 3D Printing is for different platforms such as airborne, land, naval, and space. Inkjet printing, stereolithography, and others are the different technologies used for the purpose of military 3D printing.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Military 3D Printing Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

                    

    The military 3D printing market is segmented into the following categories. 

    Military 3D Printing Market Size, Share & Forecast, by Offering Type:

    • Printer
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Printer Type Analysis: Industrial Printer and Portable Printer)
    • Material
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Material Type Analysis: Plastics, Metal, Ceramics, and Others)
    • Software
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Software Type Analysis: Printing, Design, Inspection, and Scanning)
    • Service (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Military 3D Printing Market Size, Share & Forecast, by Platform Type:

    • Airborne
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Platform Type Analysis: Aircraft, Missiles, and UAV)
    • Land
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Platform Type Analysis: Vehicles, Soldiers, and Unmanned Ground Vehicles (UGVS))
    • Naval
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Platform Type Analysis: Ships and Unmanned Maritime Vehicles (UMVs))
    • Space (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Military 3D Printing Market Size, Share & Forecast, by Application Type:

    • Prototyping (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Functional Part Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Tooling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Military 3D Printing Market Size, Share & Forecast, by Process Type:

    • Powder Bed Fusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Material Extrusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vat Photopolymerization (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Material Jetting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Binder Jetting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Direct Energy Deposition (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sheet Lamination (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Military 3D Printing Market Size, Share & Forecast, by Technology Type:

    • Stereolithography (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fuse Deposition Modeling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Selective Laser Sintering (SLS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Direct Metal Laser Sintering (DMLS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyjet Printing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Inkjet Printing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electron Beam Melting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Laser Metal Deposition (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Digital Light Processing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Laminated Object Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Military 3D Printing Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the offering types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Military 3D Printing?

    Military 3D Printing is the new technique introduced for application areas of tooling, functional part manufacturing, and prototyping. Military 3D Printing is for different platforms such as airborne, land, naval, and space. Inkjet printing, stereolithography, and others are the different technologies used for the purpose of military 3D printing.

    What will be the CAGR of the Military 3D Printing Market?

    Military 3D Printing Market is likely to witness an impressive CAGR of 30.2% during the forecast period.

    Which country/region is expected to remain the largest Military 3D Printing Market?

    In terms of regions, the North American region dominated the military 3D printing market in 2018.

    Who are the key players in the Military 3D Printing Market?

    Some of the major players in the military 3D printing market are Arcam AB, Artec 3D, Cimetrix Solutions, 3D Systems Corporation, 3T RPD, EOS GmbH, Engineering & Manufacturing Services, Norsk Titanium as, Optomec, and Stratasys, Ltd.

    •   

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