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ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Asia-Pacific Additive Manufacturing in Aerospace & Defense Market by Material (Alloys, Special Metals) Market by Manufacturing (in-house, OEM) Market by Application (Commercial Aviation, Defense, Spacecraft) by Geography


MARKET OVERVIEW

The Asia-Pacific additive manufacturing in aerospace & defense market is anticipated to generate $3478.85 million in revenue by 2032, surging with a 23.19% CAGR during the estimated period of 2023 and 2032.

Additive manufacturing technologies enhance competitiveness in Asia-Pacific’s aerospace and defense industry, driving the transition from mass production to mass customization across sectors like medical, automotive, and aeronautics. Adopting this technology by regional military forces boosts defense capabilities, reducing logistic costs and execution time. The growth in aviation due to increased travel, coupled with investments in in-house aircraft component manufacturing using additive technology, anticipates positive market growth in the forecast period.

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The Asia-Pacific additive manufacturing in aerospace & defense market growth assessment includes the evaluation of South Korea, Vietnam, Japan, China, Australia & New Zealand, Thailand, India, Indonesia, and Rest of Asia-Pacific. China’s Made in China 2025 initiative emphasizes the development of aerospace equipment and additive manufacturing. The C919, China’s pioneering commercial airliner with 3D printed components, took flight in May 2017, highlighting additive manufacturing’s potential for weight reduction and enhanced safety.

In May 2020, the China Academy of Space Technology (CAST) successfully launched a space 3D printer, executing the nation’s first in-orbit additive manufacturing tests. This groundbreaking research may enable large-scale in-space manufacturing, fostering strategic alliances and production expansion within China’s growing market.

On the other hand, Japanese businesses faced challenges adopting additive manufacturing technologies due to their traditional nature. However, Japan-based aerospace firms now actively promote these technologies, recognizing their alignment with lean manufacturing principles and minimizing material wastage. This increased adoption of additive manufacturing by aerospace industry leaders has prompted prominent local players to expand their global manufacturing footprint. Consequently, these developments are expected to positively impact the Japanese market throughout the forecast period.

The Asia-Pacific additive manufacturing in aerospace & defense market segmentation includes the analysis by material, manufacturing, and application. Market by material covers special metals and alloys.

The alloy segment in additive manufacturing encompasses materials like copper, nickel, steel, aluminum, and chrome. The increasing demand for complex alloys and diverse offerings from industry players have heightened market competitiveness. Additive manufacturing technologies, such as metal deposition and laser sintering, necessitate different materials, with alloys providing versatility in supply.

Commercial organizations and universities actively engage in research and development to enhance the stability and versatility of alloys used in additive manufacturing. These efforts improve the properties of end products and optimize manufacturing processes, spurring technological advancements.

Government bodies host competitions and challenges to further stimulate industry growth and competitiveness. For instance, in October 2020, the US Air Force (USAF) awarded Elementum 3D the gold prize for its A7050-RAM2 high-strength aluminum alloy. Following the event, USAF plans to establish long-term material acquisition contracts with the company.

Major players operating in the Asia-Pacific additive manufacturing in aerospace & defense market entail Airbus SE, Safran SA, The Boeing Company, etc.

The Boeing Company is one of the largest aerospace companies, a prominent manufacturer of commercial jetliners, defense, space, and security systems, and a leading provider of aftermarket support. The organization holds a strong position in the defense contracting and aircraft manufacturing sectors. Their extensive product range encompasses weapons, launch systems, commercial and military aircraft, satellites, electronic and defense systems, performance-based logistics & training, and advanced information & communication systems.

The company operates an additive manufacturing production center that generates over 10,000 additive tools annually. Additionally, it has invested in a cutting-edge additive engineering and manufacturing firm to produce 3D-printed metallic flight hardware for its satellites and helicopters. 

The Boeing Company’s 3D printing technology encompasses commercial and defense aircraft components, spacecraft products, and aluminum gearbox housing for helicopters, demonstrating its commitment to innovation and continuous improvement in the aerospace industry.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Material, Manufacturing, and Application
Countries AnalyzedChina, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia Pacific
Companies AnalyzedAerojet Rocketdyne, Airbus SE, GE Aviation, Honeywell International Inc, Lockheed Martin Corporation, Moog Inc, Raytheon Technologies, Safran SA, Thales Group, The Boeing Company

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. MAJOR MARKET FINDINGS
      1. THE MARKET IS PRICE SENSITIVE
      2. GOVERNMENT SUPPORT ENABLES COMPANIES TO EXPAND THEIR BUSINESS THROUGH NEW DEFENSE CUSTOMERS
      3. SIGNIFICANT RISE IN THE NUMBER OF 3D PRINTING-RELATED PATENT APPLICATIONS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. FASTENED PRODUCTION TIMELINES
      2. SUPPLY CHAIN DISRUPTIONS
      3. INCREASED EFFICIENCY REQUIREMENTS
      4. MINIMAL PROCESSING AND MANUFACTURING COSTS
      5. REDUCED RAW MATERIAL USAGE
    2. KEY RESTRAINTS
      1. HIGH EQUIPMENT COSTS
      2. TECHNOLOGICAL INTEGRATION CHALLENGES
      3. MATERIAL STANDARDIZATION & CERTIFICATION
  4. KEY ANALYTICS
    1. PARENT MARKET ANALYSIS
    2. KEY TECHNOLOGY TRENDS
    3. ADDITIVE MANUFACTURING PROCESS CATEGORIES
      1. BINDER JETTING
      2. MATERIAL JETTING
      3. POWDER BED FUSION
      4. DIRECTED ENERGY DEPOSITION
      5. SHEET LAMINATION
      6. VAT PHOTO-POLYMERIZATION
      7. MATERIAL EXTRUSION
    4. REGULATORY STANDARDS FOR ADDITIVE MANUFACTURING
    5. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    6. GROWTH PROSPECT MAPPING
    7. MARKET MATURITY ANALYSIS
    8. MARKET CONCENTRATION ANALYSIS
  5. MARKET BY MATERIAL
    1. ALLOYS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. SPECIAL METALS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY MANUFACTURING
    1. IN-HOUSE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. OEM
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY APPLICATION
    1. COMMERCIAL AVIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. DEFENSE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. SPACECRAFT
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. GEOGRAPHICAL ANALYSIS
    1. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET DRIVERS
      3. ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        6. THAILAND
          1. THAILAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        7. VIETNAM
          1. VIETNAM ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET SIZE & OPPORTUNITIES
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES & DEVELOPMENTS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. AEROJET ROCKETDYNE
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      2. AIRBUS SE
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      3. GE AVIATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      4. HONEYWELL INTERNATION INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      5. LOCKHEED MARTIN CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      6. MOOG INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      7. RAYTHEON TECHNOLOGIES
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      8. SAFRAN SA
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      9. THALES GROUP
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      10. THE BOEING COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE

TABLE 2: ADDITIVE MANUFACTURING PROCESS CATEGORIES

TABLE 3: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY MATERIAL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 4: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY MATERIAL, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY MANUFACTURING, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY MANUFACTURING, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 11: KEY PLAYERS OPERATING IN ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET

TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 14: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: BINDER JETTING

FIGURE 3: MATERIAL JETTING

FIGURE 4: POWDER BED FUSION

FIGURE 5: DIRECTED ENERGY DEPOSITION

FIGURE 6: SHEET LAMINATION

FIGURE 7: VAT PHOTO-POLYMERIZATION

FIGURE 8: MATERIAL EXTRUSION

FIGURE 9: STRUCTURE OF ADDITIVE MANUFACTURING STANDARDS FOR ATSM & ISO

FIGURE 10: PORTER’S FIVE FORCES ANALYSIS

FIGURE 11: GROWTH PROSPECT MAPPING

FIGURE 12: MARKET MATURITY ANALYSIS

FIGURE 13: MARKET CONCENTRATION ANALYSIS

FIGURE 14: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2022

FIGURE 15: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY ALLOYS, 2023-2032 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY SPECIAL METALS, 2023-2032 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, GROWTH POTENTIAL, BY MANUFACTURING, IN 2022

FIGURE 18: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY IN-HOUSE, 2023-2032 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY OEM, 2023-2032 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 21: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY COMMERCIAL AVIATION, 2023-2032 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY DEFENSE, 2023-2032 (IN $ MILLION)

FIGURE 23: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, BY SPACECRAFT, 2023-2032 (IN $ MILLION)

FIGURE 24: ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 25: CHINA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 26: JAPAN ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 27: INDIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 28: SOUTH KOREA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 29: INDONESIA ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 30: THAILAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 31: VIETNAM ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 32: AUSTRALIA & NEW ZEALAND ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

FIGURE 33: REST OF ASIA-PACIFIC ADDITIVE MANUFACTURING IN AEROSPACE & DEFENSE MARKET, 2023-2032 (IN $ MILLION)

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