Dublin, Dec. 16, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Aerospace 3D Printing Market 2016-2020" report to their offering. The global aerospace 3D printing market to grow at a CAGR of 55.85% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global aerospace 3D printing market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market from the procurement of aircraft components and subsystems that are manufactured using 3D printing technology. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is influence of 3D printing on aircraft interiors. 3D printing enables the fabrication of continuous units, i.e., the features are combined in one part, which brings down the material usage, extra hardware and attachment, as well as the overall weight. Some of the components that can benefit from 3D printing are air ducts, wall panels, and seat framework, which will make the production of complex geometries and organic shapes more convenient and lightweight. These advanced manufacturing processes are expedient when the carriers want to accommodate more passengers by adding seats. Furthermore, the use of 3D printing techniques can be employed to make the panels, overhead compartments, and seat components.
According to the report, one of the primary drivers in the market is miniaturization of jet engines. 3D printing not only contributes to the overall weight reduction of the aircraft but also enables miniaturization of aircraft components. This, in turn, results in fuel efficiency and a lower operating cost. When a gas turbine utilizes pulsed injection of fuel instead of a constant injection, the pressure in both the compressor and combustion chamber increases. This enables the design of smaller and lighter compressor systems, which saves a considerable amount of fuel. The pulsed injection, however, results in periodic blockage and detonations, and the resultant shock waves affect the other parts of the engine.
Further, the report states that one major challenge in the market is 3D printing cannot replace conventional manufacturing. With greater disruptiveness of the additive manufacturing technologies, 3D-printed joints are expected to be increasingly used across the aerospace domain. However, it will not replace traditional components in all aspects. Instead, it will act as a high-performance tool with numerous capabilities to improve conventional methodologies. 3D-printed components are often produced by joining or fusing two separate, homogeneous materials. These parts are usually difficult to separate, thus projecting a challenge during recycling. The proprietary hyper joint' technology by Airbus represents such a challenge. Airbus is already working toward developing the most economically viable way of separating the parts of the joint.
Key vendors
- Airbus
- Boeing
- GE
- Honeywell International
- Rolls-Royce
Other prominent vendors
- AERIA Luxury Interiors
- JBRND
- Moog
- MTU Aero Engines
- Norsk Titanium
- Pratt & Whitney
Key Topics Covered: Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Introduction Part 05: Market landscape Part 06: Geographical segmentation Part 07: Market drivers Part 08: Impact of drivers Part 09: Market challenges Part 10: Impact of drivers and challenges Part 11: Market trends Part 12: Vendor landscape Part 13: Appendix For more information about this report visit http://www.researchandmarkets.com/research/4d..._aerospace
CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: 3D Printing
