Press release
Global Automotive 3D Printing Market Will Reach At CAGR Of 45.47% Between 2017-2021
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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3D printing is a process which involves many concepts and technologies. It can be used to produce a range of products using different materials depending on the application. This technology is similar to computer numerical control (CNC). The only difference is that CNC is a subtractive manufacturing process while 3D printing is an additive manufacturing process.
The advancement in this technology is mostly application-based, where special research is carried out as per the needs of the target industry. Experts believe that 3D printing technology is in its initial stages of application with immense potential to revolutionize production technology.
Technavios analysts forecast the global automotive 3D printing market to grow at a CAGR of 45.47% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive 3D printing market for 2017-2021. To calculate the market size, the report considers the new shipments and sales data from the technology developers.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive 3D Printing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
3D Systems
Stratasys
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Other prominent vendors
Arcam
Autodesk
EnvisionTEC
EOS
ExOne
Optomec
Ultimaker
Market driver
Introduction of low-cost entry level 3D printers
For a full, detailed list, view our report
Market challenge
Price for a 3D printing machine does not justify its productivity
For a full, detailed list, view our report
Market trend
Simultaneous multi-material technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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