Military 3D and 4D Printing Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 10.00 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Military 3D and 4D Printing Market Analysis
The military 3D and 4D printing market is expected to register a CAGR of more than 10% during the forecast period.
- During the COVID-19 outbreak in 2020, the market saw a decline of -3.8%, which affected the market dynamics, competition, and the global supply chain. However, in 2021, when lockdown restrictions started to loosen, the industry started to recover again. Thus, it is expected that the market will witness exponential growth in the coming years.
- Currently, the increasing need to simplify the process of manufacturing parts and components, as well as weapons and equipment, in the defense industry is driving the growth of the military 3D and 4D printing market during the forecast period. Additionally, the increasing investments by armed forces for the reduction in manufacturing cost maintenance of military equipment, along with the high demand for lightweight parts, are further expected to bolster the penetration of additive manufacturing for military applications. With the changes in battlefield requirements, the equipment that changes (shape or properties) in accordance with the environment is likely to help armies gain the upper hand. To have this tactical advantage, investments in 4D-printed weapons are anticipated to grow rapidly in the future.
Military 3D and 4D Printing Market Trends
Airborne Segment Held Highest Shares in the Market
- The demand for lightweight components of airborne applications to reduce fuel and maintenance costs is generating the demand for this market in the airborne segment. The United States Air Force is currently using 3D-printed parts on C-5 Galaxy transport jets. The parts are used in various parts of the cabin and crew bunk areas of the plane, which include overhead panels, reading and emergency light covers, window reveals, and gasper panels.
- As the Air Force's additive manufacturing library of parts continues to grow, the cost benefits of additive manufacturing production may increase. Generally, the direct energy deposition process is extensively used in manufacturing military aircraft equipment and parts, as it can manufacture a range of small metallic components to complex parts in huge volumes.
- Moreover, in the coming years, the US Air Force plans to add 20 additional components to the aircraft, made from polymers and high-end metals, such as titanium. Such robust plans to install additive-manufactured components on aircraft are anticipated to generate demand for the segment in the future.
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North America is Anticipated to Register the Highest Growth During the Forecast Period
- The growth of the North American region is majorly due to the increasing investments by the United States into 3D and 4D technology. The United States Department of Defense (DoD) plans to rapidly adopt additive manufacturing. For this purpose, the DoD has found the Manufacturing USA network with more than 1,900 member organizations. Through this network, companies are investing in new programs to integrate 3D printing into the United States Army and United States Air Force manufacturing operations.
- For instance, under Phase 3 of the MAMLS project funded by Air Force Research (ARF), the prime focus is to reduce the cost and lead time, to fabricate replacement components for legacy aircraft. Similarly, in January 2022, the United States Army announced the purchase of WarpSPEE3D--the world's first large-format cold spray metal 3D printing technology, developed by Australian company SPEE3D.
- Such efforts by the government to integrate advanced technology manufacturing parts and components for reducing costs are anticipated to generate the highest demand from North America during the forecast period.
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Military 3D and 4D Printing Industry Overview
The military 3D & 4D printing market is consolidated in nature, with very few players that provide the defense industry with 3D-printed components and equipment. Some of the prominent players in the market studied are Stratasys Ltd, 3T Additive Manufacturing Ltd, Engineering & Manufacturing Services Inc., Norsk Titanium US Inc., and 3D Systems Corporation. However, due to high profitability in 3D manufacturing and increasing market prospects of 4D printing in military applications, the market is expected to become highly fragmented in the years to come with many players entering the market.
Military 3D and 4D Printing Market Leaders
Stratasys Ltd
Engineering & Manufacturing Services, Inc.
Norsk Titanium US Inc.
3T Additive Manufacturing Ltd.
3D Systems Corporation
*Disclaimer: Major Players sorted in no particular order
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Military 3D and 4D Printing Market News
- November 2022: 3D Systems and ALM announced their partnership to expand access to industry-leading 3D printing materials. The companies plan to accelerate material adoption and drive additive manufacturing industry growth by providing access to industry-leading 3D printing materials.
- September 2021: General Lattice, a digital manufacturing software firm, secured a contract from the US Army to develop a 3D-printed combat helmet with improved energy absorption.
Military 3D and 4D Printing Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Platform
5.1.1 Airborne
5.1.2 Land
5.1.3 Sea
5.2 By Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 United Kingdom
5.2.2.2 Germany
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 India
5.2.3.3 Japan
5.2.3.4 South Korea
5.2.3.5 Rest of Asia Pacific
5.2.4 Latin America
5.2.4.1 Brazil
5.2.4.2 Rest of Latin America
5.2.5 Middle-East and Africa
5.2.5.1 Saudi Arabia
5.2.5.2 United Arab Emirates
5.2.5.3 South Africa
5.2.5.4 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles*
6.2.1 Stratasys Ltd
6.2.2 3T Additive Manufacturing Ltd.
6.2.3 Engineering & Manufacturing Services Inc.
6.2.4 Norsk Titanium US Inc.
6.2.5 3D Systems Corporation
6.2.6 Nano Dimensions Ltd.
6.2.7 3D Systems Corporation
6.2.8 EOS Gmbh
6.2.9 ExOne Company
6.2.10 Markforged, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Military 3D and 4D Printing Industry Segmentation
3D printing is a process of building three-dimensional objects based on the CAD model. 4D printing technology is an advancement of 3D printing technology, which can be created by using smart materials and software programs in the 3D printing machine. The market study includes all the investments made by the armed forces around the world in the development and deployment of 3D and 4D printed products.
The military 3D and 4D printing market is segmented by platform and geography. By platform, the market is segmented into airborne, land, and sea. By geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The report offers the market size and forecasts by value (USD million) for all the above segments.
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| Airborne | |
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| Sea |
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Military 3D and 4D Printing Market Research FAQs
What is the current Military 3D and 4D Printing Market size?
The Military 3D and 4D Printing Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029)
Who are the key players in Military 3D and 4D Printing Market?
Stratasys Ltd, Engineering & Manufacturing Services, Inc., Norsk Titanium US Inc., 3T Additive Manufacturing Ltd. and 3D Systems Corporation are the major companies operating in the Military 3D and 4D Printing Market.
Which is the fastest growing region in Military 3D and 4D Printing Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Military 3D and 4D Printing Market?
In 2024, the North America accounts for the largest market share in Military 3D and 4D Printing Market.
What years does this Military 3D and 4D Printing Market cover?
The report covers the Military 3D and 4D Printing Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Military 3D and 4D Printing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Military 3D and 4D Printing Industry Report
Statistics for the 2024 Military 3D and 4D Printing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Military 3D and 4D Printing analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Military 3D and 4D Printing Market Report Snapshots
