Automotive 3D printing Market Growth, Opportunity and Future Forecast 2017-2023

According to a recent report titled, Automotive 3D printing Market by Component, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global automotive 3D printing market size was valued at $762 Million in 2016, and is projected to reach at $2,730 Million by 2023, growing at a CAGR of 19.7% from 2017 to 2023.

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Additive manufacturing or 3D printing allows manufacturers to produce objects using a digital file and wide array of printing materials. Automotive sector, besides aerospace & defense, healthcare, and manufacturing industries, exhibits growth in adoption of the technology. The technology is useful for applications ranging from printing car parts and accessories to manufacturing complex parts in less time as compared to traditional printers. The automotive companies adopt this technology at a remarkable rate in an effort to reduce the manufacturing costs, increase production rate, and lower the material wastage. The 3D printing technology has redefined the process of designing, developing, and manufacturing products in the automotive industry. The technology is being used for producing lighter and complex parts & accessories at reduced costs. Automotive part manufacturers are using 3D printers for effective usage of materials, reducing the lead time, and efficient logistics management. However, lack of skilled labors and high cost of 3D printers restrict the demand for 3D printers to some extent.

The Major players reported in the market include:

Key players profiled in the report include 3D Systems, Inc., Autodesk, Inc., Stratasys Ltd., Arcam AB, The ExOne Company, Hoganas AB, Optomec, Inc., Voxeljet AG, Ponoko Limited, and Envisiontec, Inc.

KEY BENEFITS

The study provides an in-depth analysis of the Automotive 3D printing market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2017-2023 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

BY COMPONENT

Technology

Stereolithography

SLS

EBM

FDM

LOM

Others

Material

Polymers

Metals & Alloys

Others

Services

BY APPLICATION

Prototyping & tooling

R&D and innovation

Manufacturing complex products

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD AUTOMOTIVE 3D PRINTING MARKET, BY END USER

CHAPTER 5 WORLD AUTOMOTIVE 3D PRINTING MARKET, BY APPLICATION

CHAPTER 6 WORLD AUTOMOTIVE 3D PRINTING MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Wednesday June 12 2019, 6:05 PM EDT. All trademarks acknowledged. Filed under Automotive & Transportation, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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