Military 3D Printing Market: Analysis, Growth and New Market Opportunities by 2027

The Global Military 3D Printing Market is estimated to reach USD 3.7 Billion by 2024 at a CAGR of 28.4%.

3D Printing is a process which creates three dimensional objects by place materials layer by layer. Military 3D printing cover under various technologies such as electron beam melting (EBM) and fused deposition modelling. It’s also include portable 3D system will offer the new growing demand for this market. However, 3D printing helps in making custom weapons and minimizes the manufacturing damages.

Military 3d Printing Market: Drivers & Restraints

Market Drivers:

Reduction Manufacturing Time and Cost

Government across the globe are making advance 3D printers which will expected to boost the supply chain market during next five years by reducing cost and make it more productive. 3D printing is mainly used in military systems for reducing the weight of the weapon system for weapon design and handling process at the same time. Moreover, manufacturing enhances the quality of customized tools for military system with no more extra manufacturing cost and manufacturing time. Hence it is expected to drive the military 3D printing market during next five years.

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Rising Demand for Customized Equipment

Many manufacturers use 3D printing for making the functional and conceptual prototype with fast speed, greater accuracy, and lower failure rate. By this technology, the design cycle is compressed and manufacturer can produce more number of product with less amount of time with better quality. This is how the demand for customized equipment can be directly impacted on the growth of military 3D printing market during forecast period.

Market Restraints:

High Initial Investment and Required Maintenance Expertise

For starting new business in 3D printing services, high investment cost is one of the important factor which is expected to restrain the market during forecast period. Due to complex 3D printing operating procedure, Software applications, and services, the demand for technicians is increased. Hence, manufacturers have to invest more money for creating a better base for future growth and hence it is expected to restrain the market during forecast period.

Military 3d Printing Market: Key Segments

On the Basis of Material: Metal and Plastic
Segment by Platform: Thermoplastics and Photopolymer
Application Type: Prototyping and Tooling
On the basis of Process: Vat Photopolymerization, Powder Bed Fusion, Material Extrusion, Material Jetting, Binder Jetting, and Sheet Lamination
By Technology: Stereolithography (SLA), Selective Laser Sintering (SLS), MultiJet Printing (MJP), Electron Beam Melting (EBM), Fused Deposition Modelling, and Laminated Object Manufacturing (LOM)
Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America, with individual country-level analysis.

Military 3d Printing Market: Report Scope

The report on the military 3D printing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Military 3D Printing Market include:

Stratasys Ltd (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
3D Systems Corporation
ExOne Co
GE AVIATION
3T Additive Manufacturing Ltd
Optomec, Inc.,
Markforged, Inc.
SMG3D
Engineering & Manufacturing Services, Inc.
Other Key Companies

Military 3d Printing Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Military 3D Printing Market, by Metal

Alloy

Titanium Alloy
Nickel Super Alloy

Aluminum

Stainless

Maraging

Silver

Military 3D Printing Market, by Material

Thermoplastics
Photopolymer

Military 3D Printing Market, by Platform

Air
Land
Navy
Space

Military 3D Printing Market, by Application

Prototyping
Tooling

Military 3D Printing Market, by Process

Vat Photopolymerization
Powder Bed Fusion
Material Extrusion
Material Jetting
Binder Jetting
Sheet Lamination

Military 3D Printing Market, by Technology

Stereolithography (SLA)
Selective Laser Sintering (SLS)
MultiJet Printing (MJP)
Electron Beam Melting (EBM)
Fused Deposition Modelling
Laminated Object Manufacturing (LOM)

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Military 3D Printing Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the major developments impacting the global market and its growth?
What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
What are the evolving types of the global market?
What are the evolving applications of global market?
What are the major characteristics that will affect the global market growth during the study period?
Who are the key global players operating in the market?
How are the major players leveraging in the existing global market conditions?

Table of Content

INTRODUCTION
RESEARCH DESIGN & SCOPE
EXECUTIVE SUMMARY
MARKET DYNAMICS
INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
MILITARY 3D PRINTING MARKET BY MATERIAL, Market Size in USD Million (2017—2024)
MILITARY 3D PRINTING MARKET BY PLATFORM, Market Size in USD Million (2017—2024)
MILITARY 3D PRINTING MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
MILITARY 3D PRINTING MARKET BY PROCESS, Market Size in USD Million (2017—2024)
MILITARY 3D PRINTING MARKET BY TECHNOLOGY, Market Size in USD Million (2017—2024)
MILITARY 3D PRINTING MARKET BY REGION, Market Size in USD Million (2017—2024)
COMPETITIVE LANDSCAPE
COMPANY PROFILES
APPENDIX

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