CHICAGO, Aug. 9, 2024 /PRNewswire/ — The 3D-printed drones market is projected to grow from USD 707 million in 2024 to USD 1,891 million by 2029, at a CAGR of 21.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. The market growth can be attributed to the growing utilization of 3D printing technology for rapid prototyping and improved customization.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50528178

Browse in-depth TOC on “3D-Printed Drones Market” 

192 – Tables

77 – Figures

227 – Pages

3D-Printed Drones Market Report Scope:

Significant advances in additive manufacturing, with rapid prototyping, inexpensive production, and fabrication of complex lightweight structures, are driving the market for 3D printed drones. The ability to produce custom components on demand also reduces inventory costs and fast design – Facilitates iteration. This flexibility is particularly useful for the military because some operations require more specialized drones. However, operational complexity is further increased by the need for skilled workers and designers coupled with the high initial cost of 3D printers and sophisticated components and mechanical capacity limitations for 3D printed parts to prevent them. Despite these limitations, innovative applications such as customized delivery systems and environmental monitoring provide attractive improvements. Advances in 3D printing materials and techniques have expanded the possibilities of 3D printed drones. The key players in the 3D-printed drones’ market are Boeing (US), AeroVironment, Inc. (U.S.), Parrot Drone SAS (France), General Atomics (U.S.), and Skidoo, Inc. (U.S.)

Based on component, frames & arms segment dominate the market in the base year.

In terms of component, the 3D-printed drones market is divided into frames & arms, propellers, landing gears, wing structures, mounts & holders, enclosures, and other parts. An increasing demand for lightweight and durable structures is anticipated to drive the demand of frames & arms segment.

Advanced composites with equivalent strength and weight, such as polymers reinforced with carbon fiber, are now viable due to advancements in 3D printing technology. This is particularly critical for drone weaponry and frames, as the use of lighter materials enhances battery life, flight efficiency, and payload capacity. Furthermore, 3D printing offers significant advantages in customization and design flexibility, which are often restricted by the high tooling costs and design complexities of traditional manufacturing methods. The capability to swiftly fabricate intricate geometries without the need for costly molds or extensive assembly lines allows manufacturers to develop bespoke frames and components tailored to specific applications. This rapid prototyping facilitates quick testing of new designs and the rapid development of innovative ideas, enabling companies to promptly respond to market demands and maintain a competitive edge in the fast-evolving drone market.

Based on type, the fixed-wing drones is estimated to register a large share in the base year.

The 3D-printed drones industry is categorized by type into fixed-wing drones, rotary-wing drones, and hybrid drones.

An advantage of 3D printing over conventional drone manufacturing technology to boost the development of fixed wing drones. Fixed-wing drones manufactured using additive manufacturing technology represent a significant improvement over conventional fixed-wing drones. This innovative approach enables rapid prototyping, cost-effectiveness and scalability, with consequences resulting in lighter, more powerful and more efficient drones. Key players such as AeroVironment, Inc. (US) and senseFly (Switzerland) are using 3D printing to produce fixed-side models that offer high performance for remote sensing, environmental monitoring and precision agricultural applications

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=50528178

The Asia Pacific region is projected to be a high growth potential market for 3D-printed Drones during the forecast period.

The Asia Pacific market is projected to witness a significant CAGR from 2024 to 2029. The region is witnessing a rapid adoption of 3D printing technology for drone manufacturing, driven by technological advancements and strong government support. China leads the 3D-printed drones’ market, subject to the presence of leading commercial drones and associated drone part manufacturers. In India, initiatives such as Make in India promote domestic innovation in 3D-printed drones. Meanwhile, Japan integrates 3D printing with robotics and AI for industrial applications. Australia’s aerospace sector, supported by government initiatives, utilizes 3D printing for environmental monitoring. South Korea’s focus on Industry 4.0 sees firms exploring advanced materials and 3D printing for enhanced drone capabilities in surveillance and delivery services. Overall, the region’s dynamic market scenario for 3D-printed drones is characterized by robust growth driven by technological innovation, government support, and a strong focus on both defense and commercial applications.

The major players include in  3D-printed drones companies are Boeing (US), Parrot Drone SAS (France), General Atomics (US), and AeroVironment, Inc. (US), among others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=50528178

Browse Adjacent Market: Aerospace and Defence Market Research Reports & Consulting

Related Reports: 

Drone Logistics and Transportation Market by Platform (Freight, Passenger, Ambulance Drones), Application (Logistics, Transportation), Solution (Hardware, Software, Infrastructure), User, Range, and Region – Global Forecast to 2030

Drone Software Market by Solution (Application, System), Platform (Defense & Government, Commercial, Consumer, Architecture (Open Source, Closed Source), Deployment (Onboard Drone, Ground-Based), and Region- Global Forecast to 2027

Urban Air Mobility Market by Mobility Type (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Ambulance & Medical Emergency Vehicles, Air Shuttles & Air Metros), Solution, Platform Operation, Range, Platform Architecture, End User, and Region- Global Forecast to 2030

Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type, Range (Short (<25 km), Medium (25–50 km), Long (>50 km)), Package Size, Duration, End Use, Operation Mode – Global Forecast to 2030

UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region – Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Rohan Salgarkar

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: [email protected]

Visit Our Web Site: https://www.marketsandmarkets.com/

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/3d-printed-drone-companies.asp

Content Source: https://www.marketsandmarkets.com/PressReleases/3d-printed-drone.asp

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

View original content:https://www.prnewswire.com/news-releases/3d-printed-drones-market-worth-1-891-million-by-2029—exclusive-report-by-marketsandmarkets-302218701.html

SOURCE MarketsandMarkets

Source link

Private Internet Access gives you unparalleled access to thousands of next-gen servers in over 83 countries and each US state. Your VPN experience will always be fast, smooth, and reliable.