3D Printed Satellite Market worth $487 million by 2030 - Exclusive Report by MarketsandMarkets™

3D Printed Satellite Market worth $487 million by 2030

Apr 05, 2024 by PR Newswire

Key Facts

  • The 3D printed satellite market is projected to grow from USD 112 million in 2024 to USD 487 million by 2030, at a CAGR of 27.7% from 2024 to 2030 according to a new report by MarketsandMarkets™.
  • The 3D printing satellites market is primarily driven by factors such as ease in the development of customized products and reduction in manufacturing costs and process downtime.
  • Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227584767 Browse in-depth TOC on "3D Printed Satellite Market" 94 – Tables 68 – Figures 186 – Pages 3D Printed Satellite Market Report Scope: Report Coverage Details Market Revenue in 2024 $ 112 million Estimated Value by 2030 $ 487 million Growth Rate Poised to grow at a CAGR of 27.7% Market Size Available for 2021–2030 Forecast Period 2024–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Component, Satellite Mass, Application and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Ensuring Product Quality Key Market Opportunities Rapid Advancements In Printing Technologies Key Market Drivers Reduction In Manufacturing Cost and Process Downtime Based on Application, the communication segment is projected to grow at the highest CAGR during the forecast period.
  • Major space 3D Printed Satellite companies such as Northrop Grumman (US), Boeing (US) and Maxar Space Systems (US) are actively involved in developing 3D printing technologies, contributing to innovation and infrastructure development that will support the market growth in this region.

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