Metallurgy Additive
Manufacturing for Aerospace Market Shares, Strategies, and Forecasts,
Worldwide, 2017 to 2023
it has published a
new study Metallurgy Additive Manufacturing for Aerospace: Market Shares,
Strategy, and Forecasts, Worldwide, 2017 to 2023. The 2017 study has 224
pages, 99 tables and figures. Worldwide markets are poised to achieve
continuing growth as the metallurgy additive manufacturing for aerospace
decreases the cost of manufacture and increases efficiency in process.
Lowering product manufacturing costs is a key benefit.
View Full Report with TOC @ http://www.acutemarketreports.com/report/metallurgy-additive-manufacturing-for-aerospace-market
Additive
manufacturing presents the opportunity to completely, rethink a product’s
design, transforming its functionality and reducing manufacturing
complexity. This is a disruptive technology that is
transformational. Aerospace companies and government programs are
focusing on the advance of metal 3D printing for aerospace engine applications
in 2017. Advances have been able to make commercial additive
manufacturing a reality.
Aerospace and
defense customers leverage 3D systems industry-leading solutions and
expertise. Vendors seek to deliver productivity in increasing speed and
reliability of quality assurance and validation processes, lowering fuel costs
through light weighting and parts consolidation, and increasing manufacturing
productivity through innovative 3D printed casting patterns, 3D data recovery,
injection-mold design, and direct metal printing of airworthy parts.
According to Susan
Eustis, lead author of the team that wrote the study, “Metal 3D printing is at
its beginning stages. It is poised to grow to new levels in the aerospace
industry and beyond. A key advantage of 3D printing is that it removes
constraints found with traditional manufacturing, reducing cycle time and
production costs. Manufacturing companies in various industries use FDM
Technology and realize benefits.”
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The global market
for metallic additive manufacturing for aerospace at $1.9 billion in 2016, $2.2
billion in 2017 is forecast to reach $20.9 billion by 2024. Market growth
comes from the economies of scale achieved by building metal parts in layers
instead of using cutting. Coherent designs make a difference, fostering
market growth. The metal parts are structural, making metal additive
manufacturing a core business.
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