Press release
Automotive 3D Printing Market Set to Reach $13.02 Billion by 2030, Predicts Allied Market Research
Allied Market Research recently published a report, titled, "Automotive 3D Printing Market by Component (Technology (Material Extrusion, Powder Bed Fusion, Vat Photopolymerization, Material Jetting, Direct Energy Deposition, Binder Jetting), Material (Polymers, Metal, Others), and Services), Application (Prototyping, Tooling, Jigs & Fixtures, End-Use Parts, Others), Propulsion (ICE Vehicles, Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2021-2030". As per the report, the global automotive 3D printing industry was pegged at $1.66 billion in 2020, and is expected to reach $13.02 billion by 2030, growing at a CAGR of 23.7% from 2021 to 2030.๐ฐ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/1534
๐๐๐ฃ๐จ๐ซ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก
Rise in need to minimize vehicle weight, product costs, and development time, surge in use of 3D printing for prototyping & development of complex parts, and high demand for customized automotive parts have boosted the growth of the global automotive 3D printing market. However, lack of expertise & skilled labor hinder the market growth. On the contrary, rapid technological advancements and surge in investment in R&D would open new opportunities in the future.
๐๐ก๐ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ง๐ข๐๐๐ฌ๐ญ ๐ญ๐ก๐ ๐ก๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐๐๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐๐๐
By component, the technology segment is estimated to portray the highest CAGR of 25.0% during the forecast period. Moreover, the segment held the largest share in 2020, accounting for half of the market, owing to rise in demand for passenger vehicles and increase in need to optimize the manufacturing process. The report includes an analysis of other segments such as material and services.
๐ฐ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-3d-printing-market/purchase-options
๐๐ก๐ ๐ฉ๐ซ๐จ๐ญ๐จ๐ญ๐ฒ๐ฉ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ
By application, the prototyping segment held the largest share in 2020, contributing to more than two-fifths of the market, owing to rapid prototyping using 3D printing to reduce development time of testing model. However, the end-use parts segment is projected to manifest the highest CAGR of 26.1% during the forecast period, owing to rise in application of 3D printing for manufacturing complex automotive parts.
๐๐ฎ๐ซ๐จ๐ฉ๐, ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐๐ ๐๐ฒ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐ก๐๐ฅ๐ ๐ญ๐ก๐ ๐ฅ๐ข๐จ๐ง'๐ฌ ๐ฌ๐ก๐๐ซ๐
By region, the market across Europe, followed by North America, held the largest share in 2020, accounting for nearly two-fifths of the market. This is due to growth in demand for premium cars, high adoption of electric vehicles, and established automotive industry in the region. However, the market across Asia-Pacific is expected to register the highest CAGR of 25.9% during the forecast period, owing to demand for passenger vehicles, surge in disposable income in countries including India and China, and development of autonomous vehicles in the region.
๐๐๐ฃ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
3D Systems Corporation
Autodesk, Inc.
Desktop Metal, Inc.
EOS GmbH
General Electric Company
Hoganas AB
Materialise NV
Stratasys, Ltd.
Ultimaker BV
Voxeljet AG
๐ฐ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/1534
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
https://www.alliedmarketresearch.com/aerospace-3d-printing-market-A15812 - Aerospace 3D Printing Market : Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/military-4d-printing-market-A10662 - Military 4D Printing Market : Global Opportunity Analysis and Industry Forecast, 2030-2040
https://www.alliedmarketresearch.com/near-space-robotics-market-A08541 - Near Space Robotics Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/automotive-3d-imaging-market - Automotive 3D Imaging Market : Global Opportunity Analysis and Industry Forecast, 2023-2032
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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