Global Military 3D Printing Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. 3D printing is a three dimensional pictorial representation of any object through various processes in which the object is joined or solidified under computer control, with material be added together as liquid molecules or powder grains being fused together. 3D printing can be used in rapid prototyping as well as additive manufacturing. In military 3D printing objects can be of any shape, size, geometry and typically are produced using digital 3D model or another electronic data source such as Additive Manufacturing File via many different technologies like fused deposit modeling (FDM) and stereo lithography (SLA) among others. Usually computer-aided design (CAD) model or AMF file is used to build a three dimensional object.
Increasing applications of 3D printing in the military sector, users enhanced preferences, and improvement in 3D scanning technological developments in3D printing are the key drivers fueling the global military 3D printing market.However, socio-ethical worries related to the usage of 3D-printing which limits the adoption among various agencies may hinder the growth of the market. Furthermore, ongoing research & development and technological advancements such as emergence of 4D imaging technology in Military 3D Printing would provide growth in the upcoming years.
The global Military 3D printing market is segmented based on the offering, process, application, platform and geography. Offering segment can be further segmented into printer, material, software, and service.The processsegment is further divided into direct energy deposition, powder bed fusion, material extrusion, material jetting, binder jetting, vat photo polymerization, and sheet lamination segment. Application segment can be bifurcated into functional part manufacturing, tooling, and prototyping. Furthermore, platformsegment includes land, airborne, naval, and space.
The global Military 3D printing market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Italy, Spain,and others. Asia-Pacific covers China, India, Japan, South Korea, Australia, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Military 3D Printingmarket areStratasys, 3D Systems Corporation, The Exone Company, EOS GmbH, Arcam AB, Norsk Titanium as, American Elements, Cimetrix Solutions, Artec, 3T RPD and Optomec, among others.
The key takeaways from the report
Scope of Military 3D Printing Market