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Additive Manufacturing in Military and Defense 2024

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Published on Nov 27, 2024 SKU AMR-AMMILITARY2024-1224 Category Tags ,

AM Research sees an $800M market for direct US DoD spend on 3DP/AM 2024, marking growth of 166% year over year.  Strong growth is expected to maintain through the end of the decade, to a market for military/defense AM exceeding $2.6B in 2030.

This new report analyses and forecasts opportunities for 3D printing in the military and defense sectors that are larger and faster growing than described in the original (2023) report.  Insights into the transformative role of AM within this critical sector are provided throughout the comprehensive market study, which sheds light on the rapid evolution and current and potential impact of AM technologies on the defense and military landscape.

The study’s findings hold significant implications for defense contractors, technology providers, investors and policymakers, indicating the need for proactive measures to harness the full potential of AM in addressing the ever-evolving national security landscape.  Geopolitics have only gotten more tenuous in the thirteen months since the 2023 version of this report was published.  Escalating and evolving global tension and security challenges position the 3DP/AM industry as crucial for defense and military entities to conceptualize, develop, and deploy critical assets and equipment.

“Additive Manufacturing in Military and Defense 2024” focuses on the United States’ military and defense initiatives to incorporate and leverage 3D printing into its operations.  Analysis is provided based on expert and first-person interviews within the US Navy, US Air Force and Space Force, and the US Army, and offers recommendations for additive manufacturing vendors seeking to sell into the military and defense sector.

The report considers the United States Department of Defense budget and features an Excel-based market sizing and forecasting for all leading types of 3D printing, including Powder Bed Fusion, Directed Energy Deposition, Metal Binder Jetting and Bound Metal Deposition.  The report considers revenues derived from hardware, materials and printing services for both the polymer and metal additive manufacturing markets.

Companies and organizations mentioned or profiled include but are not limited to: Department of Defense, AM Forward (ASTRO America), America Makes, BlueForge Alliance, 3YourMind, Hyliion, Ursa Major, Defense Innovation Unit, Concurrent Technologies, Lincoln Electric, Fairbanks Morse Defense, Pratt & Whitney, ADDMAN Group, 3D Systems, SPEE3D, Essentium, MELD Manufacturing, Authentise, Fortius Metals, AFWERX, RapidFlight, Rocket Lab, Airbus, Boeing, ExOne, Lithoz, Continuous Composites, Phillips Corporation, Eaton Corporation, and more.

AM Research’s reports are intended as key strategic inputs for all senior executives planning 3D printing product/market strategies and for investors who are looking to take equity positions in 3D printing firms.

AM Research also offers customized consulting, research, and due diligence analysis.