Expected to Rise to $3.3 Billion by 2022

/EINPresswire.com/ -- DUBLIN, IRELAND--(Marketwired - April 05, 2016) -  Research and Markets has announced the addition of the "Opportunities for Additive Manufacturing in Commercial and General Aviation" report to their offering.

The report projects revenues from additive manufacturing (AM) hardware, software, materials and services for commercial and general aviation to reach around $1.7 billion in 2020, rising to $3.3 billion in 2022.

Within the past five years, the aerospace industry has invested heavily to explore the possibilities for AM technology to (1) produce aircraft components in a more cost effective manner, or (2) fabricate advanced components not feasible through traditional manufacturing methods.

Revenues from AM hardware for non-defense aerospace markets will reach $650 million in 2020, with about half these revenues coming from powder bed fusion. Powder bed firms are expected to build machines with larger print bed sizes to push into new aerospace applications. Meanwhile, the short-term outlook for metal powder bed in commercial aerospace is largely positive thanks to commitment from aerospace engine suppliers to manufacture select components beginning in late 2015.

Revenues from AM materials sold to the non-defense aerospace sector are expected to reach $355 million in 2020, with $170 million from metals. From a revenue standpoint, titanium remains the biggest opportunity. However, many firms are working to expand opportunities in nickel alloys, cobalt chrome, and aluminum alloys. Meanwhile, several large general aviation manufacturers have transitioned select polymer parts to production with 3D printing rather than traditional methods.

The non-defense aerospace sector is expected to spend $700 million on AM services in 2020. However, there are some concerns in the AM service provider community that that print volumes from aerospace customers may eventually erode as manufacturing operations moves in house.

Key Topics Covered:

Chapter One: Adoption of 3D Printing as a Manufacturing Technology

Chapter Two: Interfacing with the Aerospace Industry in 2015

Chapter Three: Review of Existing and Potential 3D Printing Technologies and Applications in Commercial Aerospace

Chapter Four: Major Players in the 3D Printing Aerospace Market

Chapter Five: Summary of Ten-Year Forecasts for 3D Printing Opportunities in Commercial Aerospace

Companies Profiled:

• 3D Systems
• Addaero Manufacturing
• Airbus
• Air Transit
• Alcoa
• AP&C
• Arcam
• Avio
• BAE Systems
• Boeing
• Concept Laser
• Constellium
• DM3D
• EADS
• EnvisionTEC
• EOS
• ExOne
• Fabrisonic
• Farsoon
• GE Aerospace
• GKN Aerospace
• Honeywell
• HP
• (15+ Others)

For more information visit http://www.researchandmarkets.com/research/c7tkqx/opportunities_for

Sector: Aviation

Research and Markets
Laura Wood
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