Press release
3D Printing in Automotive Market Analysis from 2018 to 2023: Industry Size, Share, Growth, Key Players, and Country Review
3D Printing in Automotive Market
Market Overview:
3D Printing in Automotive Market 2018: Information 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.
Increasing research and development activities and innovations is strengthening the automotive industry worldwide. With a huge capital investment in automotive technology, several manufacturers are focusing on light weight vehicles to decrease the fuel consumption and low emission. Among all the R&D activities, 3D printing in automotive has come up with a rapid pace and gaining attention in the global automotive industry.
Key Companies Studied In this report:
Autodesk, 3D Systems, Inc, Stratasys Ltd, Arcam AB, EnvisionTEC, Inc, Exone, Voxeljet AG, Local Motors, Ponoko Ltd, Optomec.
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Over the past few years, the precedence of 3D printing in automotive has gained a positive impression among the manufacturers due to its several driving factors such as light weight body material, increasing investment, huge spending on research and development and technological innovations. Due to these driving factors, the global market for 3D printing in automotive industry is increasing at a rapid pace with a surge in demand. Moreover, the manufacturers such as Local Motors, Honda and others have released several 3D printed cars and those cars had gained a much attention in the global market. This types of moves in the automotive industry boost the value in the market. As per MRFR analysis, the global market for 3D printing in automotive is expected to reach USD 2,512.3 million by 2023 with a CAGR of 26.2%.
Market Research Future has segmented the global 3D printing in automotive 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. As per the market analysis, stereolithography (SLA) technology is expected to rule the market during forecasted period. Whereas on the basis of material, the market has been divided into metal, alloys and others. While the application of 3D printing in automotive market includes prototyping and tooling, manufacturing, R&D activities and others. Geographically, the market has been divided into for major regions such as North America, Asia-Pacific, Europe and Rest of the World. Among these regions, Europe has come up as the leading region in terms of revenue. Advanced technological innovations, skilled labor force huge automotive spending have boosted up the European market. However, North America and Asia-Pacific are considerably the second and third leading regions.
Access Report Details @ https://www.marketresearchfuture.com/reports/3d-printing-automotive-market-4207
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.
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India+1 646 845 9312
sales@marketresearchfuture.com
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