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Automotive 3D Printing Market Report 2023-2028 | Industry Size, Share, Growth and Latest Insights
Automotive 3D Printing Market Report
The global automotive 3D printing market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 20.7% during 2023-2028.
What is Automotive 3D Printing?
Automotive 3D printing, or additive manufacturing, refers to the method of producing vehicle objects and components through specialized machines that add material layer by layer, enabling precise and tailored fabrication. This technique allows for the creation of intricate and personalized parts, such as prototypes and final production components, using diverse advanced manufacturing technologies. It expedites and economizes the prototyping process, speeding up product development cycles. Additionally, it empowers the development of intricate, lightweight structures and integrated components, optimizing vehicle performance and fuel efficiency.
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Global Automotive 3D Printing Market Trends and Drivers:
The growing emphasis on enhancing fuel efficiency and decreasing emissions by reducing vehicle weight is a significant factor propelling the demand for 3D printing in the production of durable and lightweight automotive parts. Moreover, the surging sales of electric vehicles (EVs) worldwide are fueling the necessity for automotive 3D printing to fabricate specialized components optimized for optimal EV performance. Additionally, the integration of digital twin technology with 3D printing is streamlining real-time monitoring and quality control during the manufacturing process, ultimately enhancing efficiency and reducing errors. Furthermore, continuous research and development (R&D) efforts in 3D printing materials, encompassing high-performance polymers, metals, and composites to broaden the spectrum of automotive applications, are presenting a promising market outlook.
Global Automotive 3D Printing Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
3D Systems Inc.
3DGence
Autodesk Inc.
Desktop Metal Inc.
EOS GmbH
Formlabs Inc.
Höganäs AB
Materialise NV
SLM Solutions Group AG
Stratasys Ltd.
Ultimaker BV
voxeljet AG
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The report segmented the market on the basis of region, component type, technology type, material type and application.
Breakup by Component Type:
Hardware
Software
Service
Breakup by Technology Type:
Selective Laser Sintering (SLS)
Stereo Lithography (SLA)
Digital Light Processing (DLP)
Electronic Beam Melting (EBM)
Selective Laser Melting (SLM)
Fused Deposition Modeling (FDM)
Breakup by Material Type:
Metal
Polymer
Ceramic
Breakup by Application:
Production
Innovation and R&D
Prototyping
Breakup By Regions:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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