The 3D-Printed Drones Market Size was valued at USD 584.4 Mn in 2023 and is predicted to reach USD 2,533.6 Mn by 2031 at a 20.3% CAGR during the forecast period for 2024-2031.
3D-printed drones are employed for various tasks, from industrial and business purposes in transportation, farming, and security to leisure and hobbyist applications. The method produces portable, vital components much faster than conventional manufacturing procedures, and it also offers shorter manufacturing lead times and less expense for components. Using 3D-printed drones to safely and effectively gather precise data is becoming increasingly common. This can lead to significant cost savings, increased knowledge, and better decision-making. Many businesses use drones for sight inspections since they are reliable when inspecting challenging situations and heights. Global demand for 3D-printed drones has increased due to growing government initiatives supporting the industry and the growing acceptance of robots as unmanned aerial inspection devices in critical infrastructure sectors. The growth in emerging renewable energy deployments is another driver propelling the 3D-printed drone sector.
However, the legislative landscape is the main factor impeding the drone industry's expansion. Standards and approvals about this type of equipment are strict agencies that regulate. The efficiency of 3D printing depends on the differences in substances used by various gadget producers and variables that are out of their management. Limited monitoring techniques are appropriate for managing these method's inconsistencies. The lack of procedure command information makes it challenging to create accurate and comprehensive 3D visualizations of drones for 3D printers, particularly for complex and sophisticated uses. Development errors and industrial breakdowns can result from deficiencies in organizing, process management, and initial and finishing techniques.
Competitive Landscape
Some of the Major Key Players in the 3D-Printed Drones Market are
- Boeing
- AeroVironment, Inc.
- Parrot Drone SAS
- General Atomics
- Skydio, Inc.
- RapidFlights
- Others
Market Segmentation:
The 3D-printed drone market is segmented based on component, type, platform, application, and manufacturing technique. Based on components, the market is segmented into frames & arms, wing structures, landing gears, propellers, enclosures, mounts & holders and others. By type, the market is segmented into fixed-wing drones, rotary-wing drones, and hybrid drones. By platform, the market is segmented into civil & commercial and defense & government. By application, the market is segmented into commercial, military, government & law enforcement, and consumers. By manufacturing technique, the market is segmented into material extrusion, polymerization, powder bed fusion, and other manufacturing techniques.
Based on the Component, the Enclosures Segment is Accounted as a Major Contributor to the 3D-Printed Drones Market
The enclosures segment is holding a major global market share in 2023. Drone enclosures developed with 3D printing are essential for increasing durability and design possibilities. These additively manufactured parts enable precise customization to match specific electronic configurations and protect delicate equipment from external threats. This facilitates manufacturers' quick response to market demands and technological advancements. This novel method expedites production while safeguarding crucial drone gadgets, improving reliability, efficiency, and competitive advantage.
Fixed-wing Drones Segment to Witness Growth at a Rapid Rate
The fixed-wing drone industry uses the bulk of 3D-printed drones because they cannot depend on their wings for lift; fixed-wing drones are heavier and can only go forward. A drone with fixed wings creates lift by moving forward at a constant speed. The pilot is not required to maintain continual control of a fixed-wing aircraft because the wings are not necessarily stationary. Kites and gliders are basic types of unmanned fixed-wing aircraft, whereas seaplanes and airplanes are examples of human-crewed fixed-wing, especially in countries like the US, Germany, the UK, China, and India.
In the Region, the North American 3D-Printed Drones Market Holds a Significant Revenue Share
The North American 3D-printed drone market is expected to register the highest market share in revenue in the near future. This can be attributed to technological advancements and US-led legal changes. The region's booming drone industry is mostly due to large drone providers, large R&D investments, and a wide range of uses, from agriculture to security. In addition, Asia Pacific is projected to grow rapidly in the global 3D-printed drones industry due to drones being used in an increasing range of industries, such as industry & generators, building materials, and agribusiness. Large research and development expenditures by leading firms in this field make this application more necessary.
Recent Developments:
- In July 2024, Boeing declared the enrollment process open. Forty angel financiers and entrepreneurs evaluated the startup concepts of previous BUILD recipients and offered them visibility and financing possibilities that could encourage their innovative designs throughout their lifetime. Constructing inaugural events increased the effect.
- In May 2024, Skydio revealed that the industry X10D has been approved for inclusion in the Division of Security's Blue Unmanned Aerial Vehicles eliminated category. The Military Innovations Unit (DIU) has designated Skydio X10D due to its dedication to safety regulations and capacity to improve operational efficiency in a range of military circumstances.
3D-Printed Drones Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 584.4 Mn |
|
Revenue Forecast In 2031 |
USD 2,533.6 Mn |
|
Growth Rate CAGR |
CAGR of 20.3% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, By Application, By Component, By Platform, By Manufacturing Technique and By Region |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Boeing, AeroVironment, Parrot Drone SAS, General Atomics, Skydio, and RapidFlights |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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