Research And Markets: Additive Manufacturing In Aerospace

  • Wednesday, 26 August 2015 04:42

Research and Markets analysts forecast the global aerospace additive manufacturing market to grow 20.5 percent annually until 2019.

Metal-based additive manufacturing has picked up significantly in recent years, especially in aerospace and automotive manufacturing due to the valuable advantage of being able to cut weight while providing the same function and support of components.

Rather than the conventional subtractive methods of manufacturing, additive manufacturing also allows the production of complex parts that would otherwise be too difficult or expensive to produce.

In their report, covered are the growth prospects of the global aerospace additive manufacturing market for the period 2015-2019 and the drivers for this growth.

The technology is expected to continue expanding at a rapid pace and be key to the aerospace industry in the future as processes such as powder bed fusion, metal binder jetting and direct energy deposition are capable of producing high-quality metal parts.

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