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3D Printing in Automotive Industry 2020 - Overview

As per MRFR analysis, the global market for 3D printing in automotive is mainly driven by increasing research and development activities by the manufacturers. Moreover, the automotive companies are adopting new technology to reduce vehicle weight and control emission. Additionally, the low manufacturing cost, reduced wastage and increased production rate are driving the global 3D printing market. Furthermore, the income levels of individuals in the emerging countries have been gradually increasing due to the emerging economies and the government initiatives. However, with growing income levels, there is scope for more expenditure in industries such as the automotive industry. The booming automotive industry coupled with steadily increasing income of the growing population, is expected to lead to significant growth. Additionally, the growing economy is pushing 3D printing manufacturers to increase focus on technological advancements and production capacity.

For the purpose of this study, MRFR has segmented the global 3D Printing in Automotive Industry 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. Whereas on the basis of material, the market has been divided into metal, alloys and others. However, the applications of 3D printing in automotive includes prototyping and tooling, manufacturing, R&D activities and others.

Segmentation

The global 3D printing in automotive market has been segmented based on technology, material, and application.

By technology, the 3D printing in automotive market has been segmented into stereolithography (SLA), laser sintering, electron beam melting, laminated object manufacturing, and others. The stereolithography (SLA) segment is the largest segment.

By material, the 3D printing in automotive market has been segmented into metal, alloys, and others.

By application, the 3D printing in automotive market has been segmented into prototyping and tooling, manufacturing, research and development activities, and others.

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The key players of 3D Printing in Automotive Industry include Autodesk, 3D Systems, Inc, Stratasys Ltd, Arcam AB, EnvisionTEC, Inc, Exone, Voxeljet AG, Local Motors, Ponoko Ltd, Optomec, Inc and among others.

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global 3D Printing in Automotive Industry, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

 

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