Albany, NY -- (SBWIRE) -- 12/15/2016 -- 3D printing manufacturing refers to the process of synthesizing successive layers of materials with the support of computerized control technology to create an object or component. This process empowers manufacturers to produce small and micro-components of almost any shape or size. It also allows the manufacturers to reduce the overall weight of the components, thus substantially reducing the overall weight of an aircraft. This innovative printing method allows cost-efficient and just-in-time (JIT) manufacturing of parts. It also permits quick design and rapid changes of internal features of the components, which would not be possible with traditional manufacturing methods.

The global aerospace 3D printing market to grow at a CAGR of 55.85% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global aerospace 3D printing market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market from the procurement of aircraft components and subsystems that are manufactured using 3D printing technology.

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Technavio's report, Global Aerospace 3D Printing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Airbus
- Boeing
- GE
- Honeywell International
- Rolls-Royce

Other prominent vendors
- AERIA Luxury Interiors
- JBRND
- Moog
- MTU Aero Engines
- Norsk Titanium
- Pratt & Whitney

Market driver
- Convenience in printing larger components.
- For a full, detailed list, view our report

Market challenge
- Convenience in printing larger components.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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