Market definition of the Global Automotive 3D Printing Market along with the breakdown of different prompting factors like drivers, limitations, and opportunities. Broad research on the competitive landscape of the international Automotive 3D Printing Market. Documentation and study of local and global factors that will affect the market's development. A complete catalog of key market players working in the Automotive 3D Printing Market. Also, it gives an examination of the different market segmentation, by type, size, applications, region, and by end-users. It provides a descriptive survey of demand-supply chaining in the Global Automotive 3D Printing Market.
Automotive 3D Printing Market, By Technology (Stereolithography, Selective Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modelling, Laminated Object Manufacturing, Three Dimensional Inject Printing, Multiphase Jet Solidification (MJS), Digital Light Processing), Material (Nylon, Resin, Wax, Photopolymer, Metal), Usage (Belows, Complex Ducting, High Detail Visual Prototypes, Functional Mounting Brackets, Others), Application (Fluid Handling, Exterior/Exterior Trim, Manufacturing Process, Exhaust/Emissions, Frame, Body, & Doors, Wheels, Tires, & Suspensions, OEM Components, Interior & Seating, Engine Components), Distribution Channel (OEMs, Aftermarket) Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global automotive 3D printing market is anticipated to reach USD 1.4 billion by 2020 growing at a CAGR of 7.9% during the forecasting period, 2020-2028.
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Automotive 3D printing is the process of producing 3D objects from a digital file using a printing machine. Automotive 3D printing helps in performing the functional prototyping phases, design, and tooling production to parts manufacturing, the automotive industry is one of the pioneers in the use and integration of 3D printing in it. Factors such as reduction in costs and time of rapid prototyping are some of the major factors for the automotive 3D printing market.
Key Findings
- The global automotive 3D printing market is segmented into technology, material, usage, application, distribution channel, and geography.
- The technology segment is segmented into Stereolithography, Selective Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modelling, Laminated Object Manufacturing, Three Dimensional Inject Printing, Multiphase Jet Solidification (MJS), and Digital Light Processing
- The material segment is segmented into Nylon, Resin, Wax, Photopolymer, and Metal
- Usage segment is segmented into Belows, Complex Ducting, High Detail Visual Prototypes, Functional Mounting Brackets, and Others
- Application segment is segmented into Fluid Handling, Exterior/Exterior Trim, Manufacturing Process, Exhaust/Emissions, Frame, Body, & Doors, Wheels, Tires, & Suspensions, OEM Components, Interior & Seating, and Engine Components
- The distribution Channel segment is segmented into OEMs and Aftermarket.
- Geographically, the global automotive 3D printing market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Regional Analysis
Europe region is the largest contributor to the augmented intelligence market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028
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Competitive Landscape
Key players in the global automotive 3D printing market are
Autodesk
- 3D Systems Corporation
- Arcam AB
- Stratasys INC.
- Voxeljet AG
- Exone
- Hoganas AB
- Optomec Inc.
- Local Motors
- Ponoko Ltd
- Javelin Tech
- Vexma, among others
Recent Developments
The companies have come up with various promotional activities in from of launches, investment, acquisitions, and others, for instance:
- In 2019, GM announced the Autodesk generative design software for the weight reduction possible through traditional design optimization techniques.
- In 2018, Hoganas AB developed a new product venture focusing on the areas of additive manufacturing and Metal Injection Molding (MIM)
- Hence, tremendous progress has been made over the last decade, yet much more to come in recent years.
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