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3D-Printed Drones Market worth $1,891 million by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 9, 2024 /PRNewswire/ — The 3D-printed drones market is projected to grow from USD 707 million in 2024 to USD 1,891 million by 2029, at a CAGR of 21.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. The market growth can be attributed to the growing utilization of 3D printing technology for rapid prototyping and improved customization.

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Browse in-depth TOC on “3D-Printed Drones Market” 

192 – Tables
77 – Figures
227 – Pages

3D-Printed Drones Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 707 million

Estimated Value by 2029

$ 1,891 million

Growth Rate

Poised to grow at a CAGR of 21.8%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Component, Type, Platform, Application, Manufacturing Technique and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Product quality compliance

Key Market Opportunities

High investments in commercial drone industry

Key Market Drivers

Enhanced customization and rapid prototyping capabilities of 3D printing

Significant advances in additive manufacturing, with rapid prototyping, inexpensive production, and fabrication of complex lightweight structures, are driving the market for 3D printed drones. The ability to produce custom components on demand also reduces inventory costs and fast design – Facilitates iteration. This flexibility is particularly useful for the military because some operations require more specialized drones. However, operational complexity is further increased by the need for skilled workers and designers coupled with the high initial cost of 3D printers and sophisticated components and mechanical capacity limitations for 3D printed parts to prevent them. Despite these limitations, innovative applications such as customized delivery systems and environmental monitoring provide attractive improvements. Advances in 3D printing materials and techniques have expanded the possibilities of 3D printed drones. The key players in the 3D-printed drones’ market are Boeing (US), AeroVironment, Inc. (U.S.), Parrot Drone SAS (France), General Atomics (U.S.), and Skidoo, Inc. (U.S.)

Based on component, frames & arms segment dominate the market in the base year.

In terms of component, the 3D-printed drones market is divided into frames & arms, propellers, landing gears, wing structures, mounts & holders, enclosures, and other parts. An increasing demand for lightweight and durable structures is anticipated to drive the demand of frames & arms segment.

Advanced composites with equivalent strength and weight, such as polymers reinforced with carbon fiber, are now viable due to advancements in 3D printing technology. This is particularly critical for drone weaponry and frames, as the use of lighter materials enhances battery life, flight efficiency, and payload capacity. Furthermore, 3D printing offers significant advantages in customization and design flexibility, which are often restricted by the high tooling costs and design complexities of traditional manufacturing methods. The capability to swiftly fabricate intricate geometries without the need for costly molds or extensive assembly lines allows manufacturers to develop bespoke frames and components tailored to specific applications. This rapid prototyping facilitates quick testing of new designs and the rapid development of innovative ideas, enabling companies to promptly respond to market demands and maintain a competitive edge in the fast-evolving drone market.

Based on type, the fixed-wing drones is estimated to register a large share in the base year.

The 3D-printed drones industry is categorized by type into fixed-wing drones, rotary-wing drones, and hybrid drones.

An advantage of 3D printing over conventional drone manufacturing technology to boost the development of fixed wing drones. Fixed-wing drones manufactured using additive manufacturing technology represent a significant improvement over conventional fixed-wing drones. This innovative approach enables rapid prototyping, cost-effectiveness and scalability, with consequences resulting in lighter, more powerful and more efficient drones. Key players such as AeroVironment, Inc. (US) and senseFly (Switzerland) are using 3D printing to produce fixed-side models that offer high performance for remote sensing, environmental monitoring and precision agricultural applications

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The Asia Pacific region is projected to be a high growth potential market for 3D-printed Drones during the forecast period.

The Asia Pacific market is projected to witness a significant CAGR from 2024 to 2029. The region is witnessing a rapid adoption of 3D printing technology for drone manufacturing, driven by technological advancements and strong government support. China leads the 3D-printed drones’ market, subject to the presence of leading commercial drones and associated drone part manufacturers. In India, initiatives such as Make in India promote domestic innovation in 3D-printed drones. Meanwhile, Japan integrates 3D printing with robotics and AI for industrial applications. Australia’s aerospace sector, supported by government initiatives, utilizes 3D printing for environmental monitoring. South Korea’s focus on Industry 4.0 sees firms exploring advanced materials and 3D printing for enhanced drone capabilities in surveillance and delivery services. Overall, the region’s dynamic market scenario for 3D-printed drones is characterized by robust growth driven by technological innovation, government support, and a strong focus on both defense and commercial applications.

The major players include in  3D-printed drones companies are Boeing (US), Parrot Drone SAS (France), General Atomics (US), and AeroVironment, Inc. (US), among others.

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Browse Adjacent Market: Aerospace and Defence Market Research Reports & Consulting

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Zentera Systems Sponsors Zero Trust Architecture Implementation Summit, Showcasing Industry-Leading Zero Trust Strategies

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Top Cybersecurity Experts Unite in Taiwan to Share Real-World Zero Trust Solutions and Strategies

MILPITAS, Calif., Sept. 22, 2024 /PRNewswire/ — Zentera Systems, Inc., the leader in Zero Trust Security for the digitally-transformed enterprise, today announced that it is co-sponsoring and co-hosting the Zero Trust Architecture Implementation Summit in conjunction with Taiwan National University of Science and Technology. The event will take place on October 3, 2024, at the Renaissance Taipei Hotel, and will bring together top cybersecurity leaders to explore evolving challenges and practical strategies for implementing Zero Trust architecture.

The event will feature a special keynote by Dr. Chase Cunningham (also known as “Dr. Zero Trust“) – a cybersecurity advisor to the U.S. government, former Vice President and Principal Analyst at Forrester, and a consultant on the NIST SP800-207 Zero Trust Architecture. Dr. Cunningham will be speaking on “From Revelation to Application: New Cyber Threats and the Realities of Zero Trust Implementation,” sharing his extensive experience and insights on implementing Zero Trust security. Having played a critical role in the development of the Zero Trust framework from its inception, Dr. Cunningham will help businesses and organizations understand the key challenges they may encounter during the planning and deployment process, along with the strategies and actions they should take to ensure their security frameworks are robust, effective, and adaptable to the ever-evolving cyber threats.

Dr. Jaushin Lee, Founder and CEO of Zentera Systems, will also present “From Theory to Practice: How to Make the Zero Trust Goal Actionable and Attainable.”  Lee will also moderate a panel featuring industry experts, including Robert Jin, CISO at ASUS Group, and Thomas Wan, General Manager at Ernst & Young Management Consulting Co., and Dr. Ying-Dar Lin, Deputy Director of the National Institute for Cyber Security (NICS). The panel will discuss strategies for successful Zero Trust implementation across various industries.

“As cybersecurity threats to Taiwanese industries intensify, Zero Trust offers an indispensable framework to secure digital assets. At Zentera, we are committed to providing the tools and insights necessary to help companies achieve real-world Zero Trust implementation,” said Jaushin Lee. “We are proud to contribute to this summit and help businesses transform Zero Trust theory into practice.”

The Zero Trust Architecture Implementation Summit promises to provide actionable insights for organizations looking to enhance their cybersecurity posture. Attendees will gain valuable knowledge from real-world case studies and expert discussions on overcoming the challenges of Zero Trust adoption.

Don’t miss this opportunity to learn from industry leaders. Register now for insights that will transform your Zero Trust strategy. To learn more about how Zentera’s solutions can transform your Zero Trust journey, visit our web site.

About Zentera Systems, Inc.

Zentera Systems is the leader in Zero Trust Security solutions for the digitally-transformed enterprise. Founded by experts in networking, security, and remote access, the company offers award-winning Zero Trust networking, security, and multi-cloud connectivity that overlays any fragmented infrastructure and deploys rapidly on premises or in the cloud. Global enterprises use Zentera’s products to secure employee and third-party access, protect against data leaks, and instantly defend applications in complex hybrid and IT/OT environments. The Silicon Valley-based company has received numerous recognitions, including Cool Vendor for Cloud Security by Gartner.

Press Contact: Katie Quaranta, PR Manager, +1 (949) 236-6448 x 770, https://www.zentera.net/

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SOURCE Zentera Systems, Inc.

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

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SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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SOURCE Siemon

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