DUBLIN--(BUSINESS WIRE)--The "Global Automotive 3D Printing Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global automotive 3D printing market is expected to register a CAGR of about 25%, during the forecast period, 2018 to 2023.
3D printing technology is very versatile. It is often used for engineering prototypes and tools for manufacturing processes, etc. The automotive industry has incorporated 3D printing throughout all processes and functions; from the design concept to near-end-of-life repairs. The advantages of 3D printing, include innovative designing, high adaptability levels, minimal time to market, and the ability to manufacture parts without expensive tooling. 3D printers in the automotive industry is extensively used for tooling and prototyping, because it reduces the turnaround time for creating a prototype. As a result, OEMs can now print a prototype overnight at a minimal cost using 3D printing. Local Motors is one of the first manufacturers to commercialize the use of 3D printing in the automotive sector, by manufacturing chassis and body parts using giant printers.
North America is the largest market for automotive 3D printing, and is expected to increase its global market share, during the forecast period. The growth in the region is due to the increasing adoption of 3D printing technologies in the automotive industry.
Companies Mentioned
- Stratasys Ltd
- The Exone Company
- Materialise NV
- Ultimaker BV
- Arcam AB
- Voxeljet AG
- Hgans AB
- 3D Systems Corporation
- Envisiontec GmbH
- EOS GmbH
- Moog Inc.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Overview and Technology Trends
5. Market Dynamics
6. Global Automotive 3D Printing Market - Segmentation By Technology
7. Global Automotive 3D Printing Market - Segmentation by Material
8. Global Automotive 3D Printing Market - Segmentation by Application
9. Global Automotive 3D Printing Market - Segmentation by Geography
10. Competitive Landscape
11. Company Profiles
12. Future of the Market
13. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/jrdmd4/global_automotive?w=4
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Related Topics: 3D Printing