3D Printed Satellite Market Size was valued at USD 96.9 Mn in 2023 and is predicted to reach USD 559.4 Mn by 2031 at a 24.9% CAGR during the forecast period for 2024-2031.
3D printed satellite describes a spacecraft that uses additive manufacturing to create parts and even the whole structure. Quicker prototypes and design revisions are possible due to 3D printing’s ability to shorten the manufacturing process. The global expansion of 3D printed satellites drives the demand for online 3D printing in simulation applications, driven by the rapid development in digitalization and the increased adoption of advanced technologies. Applications of 3D printed satellites in several industries, such as healthcare, aircraft, and automobiles, are made possible by these technologies. Furthermore, several factors propel the 3D printed satellite industry forward, including the increasing need for smaller and lighter satellites, miniaturization of satellite components, increased strength and durability, adaptability in component design, and cost-effectiveness. In addition, the market is anticipated to be propelled by increased government investments in market research and development and technology advancement.
However, the expansion of the 3D printed satellite industry is being affected by high initial costs, complex technological processes, and the need for expertise can slow the growth of the worldwide 3D printed satellite industry. During the projected period, the global 3D printed satellite market is anticipated to experience growth because spending on cutting-edge production tools is on the rise and a growing commitment to creating a sustainable printing environment through the introduction of various laws and legislative initiatives.
The 3D-printed satellite market is segmented into components, applications, satellite mass and manufacturing techniques. Based on component, the market is segmented into antenna, bracket, shield, housing, and propulsion. The market is segmented by application into technology development, communication, navigation, and earth observation and remote sensing. The satellite mass segment includes nano and microsatellites, small satellites, and medium and large satellites. By manufacturing technique, the market is segmented into fused deposition modelling (FDM), selective laser sintering (SLS), electron beam melting (EBM), direct metal laser sintering (DMLS), and others.
The bracket segment is expected to hold a major global market share in 2023. 3D printing offers distinct benefits, and brackets are essential in building satellites. Brackets support and secure different components of the satellite. Also, development cycles can be shortened, and designs can be iterated based on test results without incurring heavy financial costs because of 3D printing technology’s rapid prototyping capabilities. The demand for 3D-printed brackets is skyrocketing, driven by satellite manufacturers’ relentless pursuit of more efficient and cost-effective component fabrication solutions.
The communication segment is projected to grow rapidly in the global 3D printed satellite market because of the growth of the world’s telecommunications network and the rising need for sophisticated communication tools. Satellites play an important role in enabling more reliable and strong communication systems. Essential for communication satellites, 3D printing offers substantial benefits in creating lighter, more sophisticated, and function-specific components for satellites.
The North American 3D printed satellite market is expected to register the highest market share in revenue in the near future. This can be attributed to the growing budget for cutting-edge production tools, and businesses in the area are getting behind efforts to create a more sustainable printing environment and the fast adoption of 3D technology in these areas. In addition, Asia Pacific is anticipated to expand in the 3D printed satellite market globally because of innovations in satellite technology, such as the use of 3D printing to accomplish more with less money and better missions in orbit and innovative 3D printing technologies are being developed by the region’s rapidly expanding IT sector, which drives up demand in this region will boost the market's growth.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 96.9 Mn |
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Revenue Forecast In 2031 |
USD 559.4 Mn |
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Growth Rate CAGR |
CAGR of 24.9% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Component, By Application, By Satellite Mass, By Manufacturing Technique and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Maxar Space Systems, Boeing, 3D Systems, Northrop Grumman Corporation, Fleet Space Technologies Pty Ltd, THALES ALENIA SPACE, Lockheed Martin Corporation, Mitsubishi Electric Corporation, CRP Technology S.R.L, Swissto12, Redwire Corporation, Ruag Group, Moog Inc., Renishaw Plc, Zenith Tecnica, and other prominent players. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global 3D Printed Satellite Market Snapshot
Chapter 4. Global 3D Printed Satellite Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Component Estimates & Trend Analysis
5.1. by Component & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Component:
5.2.1. Antenna
5.2.2. Bracket
5.2.3. Shield
5.2.4. Housing
5.2.5. Propulsion
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application :
6.2.1. Technology development
6.2.2. Communication
6.2.3. Navigation
6.2.4. Earth Observation & Remote Sensing
Chapter 7. Market Segmentation 3: by Satellite Mass Estimates & Trend Analysis
7.1. by Satellite Mass & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Satellite Mass:
7.2.1. Nano and microsatellites
7.2.2. Small satellites
7.2.3. Medium and Large Satellites
Chapter 8. Market Segmentation 4: by Manufacturing Technique Estimates & Trend Analysis
8.1. by Manufacturing Technique & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Manufacturing Technique:
8.2.1. Fused Deposition Modelling (FDM)
8.2.2. Selective Laser Sintering (SLS)
8.2.3. Electron Beam Melting (EBM)
8.2.4. Direct Metal Laser Sintering (DMLS)
8.2.5. Others
Chapter 9. 3D Printed Satellite Market Segmentation 6: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Component, 2019-2031
9.1.2. North America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
9.1.3. North America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Satellite Mass ,2019-2031
9.1.4. North America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Manufacturing Technique, 2019-2031
9.1.5. North America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.2. Europe
9.2.1. Europe 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Component, 2019-2031
9.2.2. Europe 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
9.2.3. Europe 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Satellite Mass, 2019-2031
9.2.4. Europe 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Manufacturing Technique, 2019-2031
9.2.5. Europe 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.3. Asia Pacific
9.3.1. Asia Pacific 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Component, 2019-2031
9.3.2. Asia Pacific 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Application 2019-2031
9.3.3. Asia-Pacific 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Satellite Mass ,2019-2031
9.3.4. Asia Pacific 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Manufacturing Technique, 2019-2031
9.3.5. Asia Pacific 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.4. Latin America
9.4.1. Latin America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Component, 2019-2031
9.4.2. Latin America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
9.4.3. Latin America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Satellite Mass ,2019-2031
9.4.4. Latin America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Manufacturing Technique, 2019-2031
9.4.5. Latin America 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Component, 2019-2031
9.5.2. Middle East & Africa 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
9.5.3. Middle East & Africa 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Satellite Mass ,2019-2031
9.5.4. Middle East & Africa 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by Manufacturing Technique, 2019-2031
9.5.5. Middle East & Africa 3D Printed Satellite Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Maxar Space Systems (US)
10.2.2. Boeing (US)
10.2.3. 3D Systems (US)
10.2.4. Northrop Grumman Corporation (US)
10.2.5. Fleet Space Technologies Pyt Ltd (Australia)
3D Printed Satellite Market-By Component
3D Printed Satellite Market-By Application
3D Printed Satellite Market-By Satellite Mass
3D Printed Satellite Market-By Manufacturing Technique
3D Printed Satellite Market-By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
