Market Forecast By Offerings (Printers, Materials, Services, Software), By Platform (Aircraft, UAVs, Spacecraft), By Application (Prototyping, Tooling, Functional Parts) And Competitive Landscape
Product Code: ETC4552193 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Egypt Aerospace 3D Printing market currently, in 2023, has witnessed an HHI of 2901, Which has decreased moderately as compared to the HHI of 3463 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Egypt aerospace 3D printing market was valued at US$ 9.6 million and is expected to grow at a CAGR of 16.9% over the forecast period from during the forecast period to reach US$ 27.3 million by 2029. Major component manufacturers have been shifting their production facilities towards industrialization, driven by technological advancements such as additive manufacturing or 3D printing technology in order to reduce cost and time for aerospace components fabrication. The increasing demand for rapid prototyping technologies coupled with low-cost solutions will fuel the growth of the Egypt aerospace 3D printing market during the forecast period.
The aerospace industry in Egypt is embracing 3D printing technology to revolutionize the way aircraft components are manufactured. This trend is primarily driven by the need to reduce weight, increase fuel efficiency, and enhance overall aircraft performance. 3D printing allows for complex and lightweight designs that were previously challenging to achieve through traditional manufacturing methods.
The aerospace 3D printing market in Egypt encounters challenges related to stringent industry regulations and certifications. Ensuring that 3D-printed aerospace components meet safety and quality standards requires significant testing and validation. Limited access to high-performance materials suitable for aerospace applications and the need for substantial upfront investments in advanced printing equipment are also obstacles to market growth.
The Covid-19 pandemic created a mixed impact on the aerospace 3D printing market in Egypt. The aerospace industry experienced a sharp decline in air travel, leading to reduced orders and delayed projects. This directly affected the demand for aerospace 3D-printed components. However, the crisis underscored the importance of supply chain resilience and innovative manufacturing methods. As the aerospace sector looks toward recovery, the integration of 3D printing for rapid prototyping and localized production may become a focal point, driving long-term growth in the market.
In the aerospace sector, 3D printing is gaining prominence for its ability to produce complex and lightweight components. Industry leaders such as Sky Aerospace Solutions, Nile Aviation Tech, and Egypt AeroPrint are at the forefront of leveraging 3D printing technology for aerospace applications. These companies are driving advancements in aircraft manufacturing and maintenance processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Aerospace 3D Printing Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Aerospace 3D Printing Market Revenues & Volume, 2022 & 2028F |
3.3 Egypt Aerospace 3D Printing Market - Industry Life Cycle |
3.4 Egypt Aerospace 3D Printing Market - Porter's Five Forces |
3.5 Egypt Aerospace 3D Printing Market Revenues & Volume Share, By Offerings, 2022 & 2028F |
3.6 Egypt Aerospace 3D Printing Market Revenues & Volume Share, By Platform, 2022 & 2028F |
3.7 Egypt Aerospace 3D Printing Market Revenues & Volume Share, By Application, 2022 & 2028F |
4 Egypt Aerospace 3D Printing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Aerospace 3D Printing Market Trends |
6 Egypt Aerospace 3D Printing Market, By Types |
6.1 Egypt Aerospace 3D Printing Market, By Offerings |
6.1.1 Overview and Analysis |
6.1.2 Egypt Aerospace 3D Printing Market Revenues & Volume, By Offerings, 2020 - 2028F |
6.1.3 Egypt Aerospace 3D Printing Market Revenues & Volume, By Printers, 2020 - 2028F |
6.1.4 Egypt Aerospace 3D Printing Market Revenues & Volume, By Materials, 2020 - 2028F |
6.1.5 Egypt Aerospace 3D Printing Market Revenues & Volume, By Services, 2020 - 2028F |
6.1.6 Egypt Aerospace 3D Printing Market Revenues & Volume, By Software, 2020 - 2028F |
6.2 Egypt Aerospace 3D Printing Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Egypt Aerospace 3D Printing Market Revenues & Volume, By Aircraft, 2020 - 2028F |
6.2.3 Egypt Aerospace 3D Printing Market Revenues & Volume, By UAVs, 2020 - 2028F |
6.2.4 Egypt Aerospace 3D Printing Market Revenues & Volume, By Spacecraft, 2020 - 2028F |
6.3 Egypt Aerospace 3D Printing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Egypt Aerospace 3D Printing Market Revenues & Volume, By Prototyping, 2020 - 2028F |
6.3.3 Egypt Aerospace 3D Printing Market Revenues & Volume, By Tooling, 2020 - 2028F |
6.3.4 Egypt Aerospace 3D Printing Market Revenues & Volume, By Functional Parts, 2020 - 2028F |
7 Egypt Aerospace 3D Printing Market Import-Export Trade Statistics |
7.1 Egypt Aerospace 3D Printing Market Export to Major Countries |
7.2 Egypt Aerospace 3D Printing Market Imports from Major Countries |
8 Egypt Aerospace 3D Printing Market Key Performance Indicators |
9 Egypt Aerospace 3D Printing Market - Opportunity Assessment |
9.1 Egypt Aerospace 3D Printing Market Opportunity Assessment, By Offerings, 2022 & 2028F |
9.2 Egypt Aerospace 3D Printing Market Opportunity Assessment, By Platform, 2022 & 2028F |
9.3 Egypt Aerospace 3D Printing Market Opportunity Assessment, By Application, 2022 & 2028F |
10 Egypt Aerospace 3D Printing Market - Competitive Landscape |
10.1 Egypt Aerospace 3D Printing Market Revenue Share, By Companies, 2022 |
10.2 Egypt Aerospace 3D Printing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |