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Military 3D Printing Market expected to reach $4,594.4 Million by 2025

Military 3D Printing Market categorizes global market by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, and Region.

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Military 3D Printing Market expected to reach $4,594.4 Million by 2025

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  1. The Military 3D Printing Market is estimated to be $799.8 Million in 2018 and is projected to reach $4,594.4 Million by 2025, at a CAGR of 28.37% from 2018 to 2025. The increasing use of 3D printing to manufacture lightweight defense-related components is one of the most significant factors projected to drive the growth of the military 3D printing market. Market Ecosystem The military 3D printing market has segmented on the basis of offering, application, and region. companies profiled in the report Stratasys Systems (US), ExOne (France), (Germany), (Sweden), and Norsk Titanium (Germany). Contracts, new product launches, and partnerships are key growth strategies adopted by leading players in the market. been process, platform, Key include (US), 3D EOS Arcam Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69098303 Target Audience for this Report •Military 3D Printing Service Providers •Defense Equipment Manufacturers •3D Printing Manufacturers •Raw Material Suppliers •Air Forces •Naval Forces •Armies •Ministry of Defense of Various Countries Based on process, the market has been segmented into binder jetting, direct energy deposition, material extrusion, material jetting, powder bed fusion, vat

  2. photopolymerization, and sheet lamination. The direct energy deposition segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the requirement for printing small-to-medium sized, and highly-complex functional parts of defense equipment. Based on application, the market has been segmented into functional part manufacturing, tooling, and prototyping. 3D printing or additive manufacturing helps produce prototypes and models from 3D Computer-aided Design (CAD). OEMs in the defense industry are focused on the adoption of 3D printing technology to develop complex parts with minimum wastage. The need to produce cost-efficient prototypes according to specific customer requirements is one of the most significant factors projected to drive the growth of the prototyping segment. Based on platform, the market has been segmented into airborne, land, naval, and space. The airborne segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing use of 3D printing technology to develop lightweight and durable components of aircraft and drones. Based on region, the market has been segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW). The North American region led the military 3D printing in 2017. The increasing applicability of 3D printing technology in various industries, such as aerospace, chemicals, and automotive, in North America is one of the most significant factors expected to fuel the growth of the market in this region. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=69098303 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their

  3. innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: Newsletter@marketsandmarkets.com

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