Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) -- The "3D-Printed Drones Market by Component (Frames & Arms, Propellers, Landing Gears, Wing Structures, Mounts & Holders, Enclosures), Type (Fixed-wing, Rotary-wing, Hybrid), Platform, Application, Manufacturing Technique and Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The 3D-printed drones market is projected to grow from USD 707 million in 2024 to USD 1.89 billion by 2029, at a CAGR of 21.8% from 2024 to 2029. Enhanced customization and rapid prototyping capabilities of 3D printing and short supply chain of drone components to drive the 3D-printed Drones market growth during the forecast period. 
The growth of 3D printed drone market can be attributed to the rising demand for advanced drone solutions and services from commercial, military, and government & law enforcement applications. 3D printing offers several benefits in the drone industry. However, material strength and durability limitations can be a concern for specific drone components requiring high structural integrity.
The production speed for large-scale manufacturing is also slower than traditional methods, and the cost of 3D printing materials and equipment can be relatively high. Despite these challenges, the continued advancements in 3D printing technology are expected to expand its applicability and efficiency in drone manufacturing, making it an increasingly viable option for producing high-performing UAVs.
Key players in the 3D-printed drones market include Boeing (US), Parrot Drone SAS (France), General Atomics (US), and AeroVironment, Inc. (US), among others. These players make several strategic decisions to strengthen their position in the market and meet evolving consumer demands. For instance, Boeing's subsidiary Aurora Flight Sciences, with its manufacturing facilities, in-house 3D printers, and strong distribution networks across North America, Europe, Asia Pacific, and the Rest of the World, significantly contributes to the 3D-printed drones market.
Based on manufacturing techniques, the polymerization segment to grow at highest CAGR during forecast period
The market has been categorized into different types based on manufacturing techniques, including material extrusion, polymerization, powder bed fusion, and other manufacturing techniques.
Methodology of polymerization Drone manufacturing is changing due to 3D printing techniques including digital light processing (DLP), stereolithography (SLA), and continuous liquid interface fabrication (CLIP), these techniques are known for their potential superiority and accuracy. SLA facilitates the fabrication of complex drone parts with smooth surfaces by layer-curing liquid photopolymer resin using a UV laser. Combining micromechanical properties with aerodynamic efficiency depends on this accuracy.
Meanwhile, CLIP rapidly cures the resin with a series of continuous UV images projected through oxygen-permeable glass. This process has advantages over traditional processes in manufacturing speed and material strength, enabling complex drone parts to be produced in a fraction of the time The resin is cured rapidly and uniformly by DLP with a digital projector screen use to illuminate a single image located around each layer above the stage. This technology is especially helpful when manufacturing multiple drone parts at once as it provides uniformity and maximizes productivity.
Based on Application, commercial segment witness strong growth in market during the forecast period
The 3D-printed drones market is segmented into military, commercial, government & law enforcement, and consumer based on application segment.
Drones are widely used in ISR, combat operations, and the military in combat casualty management. General Atomics (US), Northrop Grumman (US), and Israel Aerospace Industries (Israel) are major suppliers of 3D printed drones for military applications.
Government & law enforcement applications use drones for border control, traffic control, fire & disaster management, maritime security, search and rescue, and police operations & investigations. Meanwhile, commercial drones are used for the skies imaging, survey monitoring, survey mapping, in remote sensing, logistics, industrial and warehousing, passenger and public transport applications. Parrot Drone SAS (France), Yuneec (China), and PrecisionHawk (US) provides 3D-printed drones for commercial applications.
The North America regions held largest market share in 2023
In recent years, the adoption of 3D-printed drones in the US has increased dramatically, due to advances in additive manufacturing technology The country is leading the way in leveraging 3D printing to rapidly prototype and manufacture customized UAVs for the defense sector e.g together with 3D printed Small UAV for research purposes. Drones with this on-demand capacity can now be used to strategically address changing combat scenarios by significantly increasing mission flexibility and lowering logistical expenses.
Similar to this, last-mile deliveries are being made by UPS and Amazon, two logistics firms, with the use of 3D printed drones. Drone delivery is the goal of the Amazon Prime Air program, and 3D printing is essential to producing lightweight, customised drones that satisfy particular business requirements. Drones that are 3D printed are also being used by businesses like Precision Hawk to improve precision farming methods. These drones are equipped with special sensors, monitor crop health, monitor irrigation and provide supplies more efficient use, maximizing productivity and cost savings The ability to rapidly prototype drones according to specific requirements has accelerated innovation and enables companies to meet market demands faster.
Major players in the 3D-printed drones market are Boeing (US), AeroVironment, Inc. (US), Parrot Drone SAS (France), General Atomics (US), and Skydio, Inc. (US).
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on 3D-printed drones offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the 3D-printed drones market
- Market Development: Comprehensive information about lucrative markets - the report analyzes the 3D-printed drones market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the 3D-printed drones market
- Market Growth: Supportive government regulations and initiatives to drive the market growth in near future
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the 3D-printed drones market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 228 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value (USD) in 2024 | $707 Million |
| Forecasted Market Value (USD) by 2029 | $1891 Million |
| Compound Annual Growth Rate | 21.8% |
| Regions Covered | Global |
Companies Featured
- Boeing
- General Atomics
- Parrot Drone Sas
- Aerovironment, Inc.
- Skydio, Inc.
- Lockheed Martin Corporation
- Israel Aerospace Industries
- Northrop Grumman
- Bae Systems
- Airbus
- Kratos Defense & Security Solutions, Inc.
- Titan Dynamics Inc.
- Rapidflight
- Firestorm Labs, Inc.
- Brinc Drones Inc.
- Ideaforge Technology Ltd.
- Quantum-Systems GmbH
- Nextech
- Digital Aerolus
- Javiat Aerospace
- Kespry
- Uvify Inc.
- Heliguy
- Aerialtronics
- Aldoratech
- Hexadrone
For more information about this report visit https://www.researchandmarkets.com/r/4qwhz5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
