AM for aerospace and defense to reach US$950 million

A new report suggests that overall world revenue for additive manufacturing for aerospace and defense will reach US$950 million in 2015.

Visiongain’s new report, entitled 3D Printing & Additive Manufacturing in the Aerospace & Defence Market 2015-2025, reveals trends, R&D progress, and predicted revenues for the market along with recent results and analyses of leading companies.

According to the report, there will be growth for additive manufacturing for aerospace and defence markets and in developing countries. The company’s analyses show that the Asia Pacific region in particular will continue to achieve high revenue growth to 2025. Developments worldwide in additive manufacturing technology will also help drive the market.

The report is available here.

This story is reprinted from material from Visongain, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.