Wednesday, February 28, 2024

Automotive 3D Printing Market Size, Share, Growth & Report Analysis 2023-2028

Must read

Global Automotive 3D Printing Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Automotive 3D printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Automotive 3D printing market report, size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global automotive 3D printing market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 20.7% during 2023-2028.

Automotive 3D printing, also known as additive manufacturing, is a technology that uses computer-controlled processes to create three-dimensional objects by adding material layer by layer. It has the ability to produce complex shapes and geometries that can be challenging or expensive to manufacture using traditional methods. It also enables rapid prototyping, which allows automotive manufacturers to iterate and test designs more efficiently. It can lead to reduced waste as it often requires less raw material as compared to traditional manufacturing techniques.

Global Automotive 3D Printing Market Trends and Drivers:

There is a rise in the sales of luxury vehicles due to the growing global population, rapid urbanization, and inflating income levels of individuals. Along with this, significant improvements in the automotive infrastructure represents one of the primary factors driving the demand for automotive 3D printing around the world. Moreover, the increasing adoption of automotive 3D printing for producing various complex parts of vehicles and reducing lead time is favoring the growth of the market. In addition, the rising awareness among individuals about the benefits of automotive 3D printing, such as reduced capital investments and high performance, is contributing to the market growth. Besides this, the emerging trend of customized automotive parts is strengthening the growth of the market.

Global Automotive 3D Printing Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: 3D Systems Inc., 3DGence, Autodesk Inc., Desktop Metal Inc., EOS GmbH, Formlabs Inc., Höganäs AB, Materialise NV, SLM Solutions Group AG, Stratasys Ltd., Ultimaker BV and voxeljet AG

The report segmented the market on the basis of region, component type, technology type, material type and application.

Breakup by Component Type:

  • Hardware
  • Software
  • Service

Breakup by Technology Type:

  • Selective Laser Sintering (SLS)
  • Stereo Lithography (SLA)
  • Digital Light Processing (DLP)
  • Electronic Beam Melting (EBM)
  • Selective Laser Melting (SLM)
  • Fused Deposition Modeling (FDM)

Breakup by Material Type:

  • Metal
  • Polymer
  • Ceramic

Breakup by Application:

  • Production
  • Innovation and RD
  • Prototyping

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

134 N 4th St. Brooklyn, NY 11249, USA

Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

More articles


Latest article