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Aerospace Additive Manufacturing Market to Triple by 2030

1/29/2025

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Summary

Story summary

The aerospace additive manufacturing market is soaring, expected to leap from $1.2 billion in 2023 to a staggering $3.8 billion by 2030, fueled by an impressive 18.3% growth rate. Innovations, the quest for lighter materials, and a push for customization are propelling this expansion, particularly in the U.S. and China, with industry giants like Moog, 3D Systems, and GKN leading the charge.

History

Historical Context

The aerospace additive manufacturing market's rapid growth mirrors the post-World War II aerospace boom. Just as innovations in materials and manufacturing transformed aviation then, today's advancements in 3D printing are reshaping production, enhancing customization, and driving efficiency, particularly in the U.S. and China.

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Story summary

The aerospace additive manufacturing market is soaring, expected to leap from $1.2 billion in 2023 to a staggering $3.8 billion by 2030, fueled by an impressive 18.3% growth rate. Innovations, the quest for lighter materials, and a push for customization are propelling this expansion, particularly in the U.S. and China, with industry giants like Moog, 3D Systems, and GKN leading the charge.

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