Uploaded on Oct 19, 2020
3D Printing in Automotive Market
3D Printing in Automotive Market
Summary
Global Automotive 3d Printing 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
Overview
Market Research Future (MRFR), in its recently published research report, asserts that the global 3D
Printing in Automotive Market is thriving and expected to grow exponentially over the review period,
recording a substantial market valuation of more than USD 25 billion by 2023, and a healthy 26.2% CAGR
in the forecast period.
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Competitive Analysis
The leading market players operating in the global market as identified by MRFR are Autodesk, Stratasys
Ltd, 3D Systems, Inc, Arcam AB, Exone, EnvisionTEC, Inc, Voxeljet AG, Ponoko Ltd, Local Motors,
Optomec, Inc and among others. The augmented investments in research and development for
introduction of modern printing materials and cost-efficient printers has strengthened the competition
amid the players of the global 3D Printing in Automotive Market. The significant focus of players on
development of their businesses through strategic mergers, partenrships and acquisitions is encouraging
the growth of the global 3D Printing in Automotive Market.
Segmental Analysis
The global 3D Printing in Automotive Market has been analyzed on the basis of material, technology,
and application. Based on the technology, the market for Automotive 3D Printing is divided into laser
sintering, stereolithography (SLA), laminated object manufacturing, electron beam melting, and others.
Among these, the stereolithography (SLA) holds the maximum market share in the global 3D Printing in
Automotive Market by 2023.
By the material, the 3D Printing in Automotive Market is divided into alloys metal, and others. Based on
application, the global 3D Printing in Automotive Market is segmented into research and development
activities, prototyping and tooling, manufacturing, and others.
Regional Analysis
The geographical analysis of the global market has been conducted in four major regions, covering the
North America, Asia Pacific, Europe, and the rest of the world (Latin America, the Middle East and
Africa). Among these, the Europe region holds the largest market share in the global 3D Printing in
Automotive Market due to the presence of large number of automotive manufacturers in a higher
concentration that are siding towards the integration of 3D printing technology in the production
process in this region.
The 3D Printing in Automotive Market in the North America, and the Asia Pacific regions is developing
considerably, due to the increasing technological advancement in the sector on 3D technology and brisk
expansion in the automotive vertical in these countries. The seamless development in the 3D printing
technology for expanding the application range of 3D printing technology is fueling the expansion of the
market for Automotive 3D Printing in the rest of the world over the review period.
Access Full Report @ https://www.marketresearchfuture.com/reports/3d-printing-automotive-market-
4207
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