3D Printing in Automotive Market Expected to Reach USD 2,512.3 Mn by 2023 with a CAGR of 26.2%

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Global 3D Printing in Automotive Market Information Report, By Technology (Stereolithography (SLA), Laser Sintering, Electron Beam Melting, Laminated Object Manufacturing and Others), By Material (Metal, Alloys and Others), By Application (Prototyping and Tooling, Manufacturing, R&D Activities and Others), By Region – Forecast To 2023

Pune, India — (SBWIRE) — 02/09/2018 — Market research future published a half cooked research report global 3D printing in automotive market that contains the information from 2017 to 2023. The 3D Printing in Automotive Market is expected to grow with the CAGR of approximately 26.2% from 2017 to 2023.

Taste the market data and market information presented through more than 80 market data tables and figures spread in more than 100 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on "Global 3D Printing in Automotive Market Information from 2017 to 2023"

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As per MRFR analysis, the global market for 3D printing in automotive is mainly driven by increasing research and development activities by the manufacturers. Moreover, the automotive companies are adopting new technology to reduce vehicle weight and control emission. Additionally, the low manufacturing cost, reduced wastage and increased production rate are driving the global 3D printing market. Furthermore, the income levels of individuals in the emerging countries have been gradually increasing due to the emerging economies and the government initiatives. However, with growing income levels, there is scope for more expenditure in industries such as the automotive industry. The booming automotive industry coupled with steadily increasing income of the growing population, is expected to lead to significant growth. Additionally, the growing economy is pushing 3D printing manufacturers to increase focus on technological advancements and production capacity.

For the purpose of this study, MRFR has segmented the global 3D printing in automotive market into technology, material, application and region. On the basis of technology, the market has been divided into stereolithography (SLA), laser sintering, electron beam melting, laminated object manufacturing and others. Whereas on the basis of material, the market has been divided into metal, alloys and others. However, the applications of 3D printing in automotive includes prototyping and tooling, manufacturing, R&D activities and others.

Key Players:

The key players of 3D printing in automotive market include Autodesk, 3D Systems, Inc, Stratasys Ltd, Arcam AB, EnvisionTEC, Inc, Exone, Voxeljet AG, Local Motors, Ponoko Ltd, Optomec, Inc and among others.

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Scope of the Report:

This study provides an overview of the global 3D printing in automotive market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next 6 years for each region. The scope of the study segments the global 3D printing in automotive market by its technology, material, application, and regions.

By Technology
– Stereolithography (SLA)
– Laser Sintering
– Electron Beam Melting
– Laminated Object Manufacturing
– Others

By Material
– Metal
– Alloys
– Others

By Application
– Prototyping and Tooling
– Manufacturing
– R&D Activities
– Others

By Region
– North America
– Asia Pacific
– Europe
– Rest of the World

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The report for Global 3D Printing in Automotive Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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