Background
Hundreds of specialised large and medium-sized manufacturers of machines and equipment in Europe have millions of euros worth of spare parts in physical warehouses to guarantee business continuity for their clients. Most spare parts are never used.
What if these manufacturers can use a secure digital space, where outsourced AM supply chains are based on a trusted on-demand manufacturing solution in a quality assurance framework of 3D printers.
Aviation Spare Parts
Worldwide market size in 2019
$907.2 billion
CAGR from 2020 to 2027
4.1%
Automotive Spare Parts
Worldwide market size in 2019
$378.4 billion
CAGR from 2020 to 2027
4.0%
For just only AM end-use parts production markets the predictions are:
Automotive AM end-use parts market
in 2030 — USD 10 billion
Civil Aviation AM end-use parts market
in 2030 — USD 7 billion
Oil & Gas AM end-use parts market
in 2025 — USD 1.4 billion
(Source: SmartTech Analysis, 2019)
...with metal parts for:
- Oil, Gas & Maritime
- Automotive & Mobility
- Aerospace & Aviation
And plastic parts for:
- Oil, Gas & Maritime
- Automotive & Mobility
- Aerospace & Aviation
- Machining & Tooling