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  • Global 3D Printing in Automotive Market is predicted to reach USD 25 Billion by 2035

    3D Printing Automotive Market predicted to reach USD 25 Billion by 2035

    Report Details:
    15 Companies Covered
    135 Pages

    Pune, India, September 6, 2017 /MRFR Press Release/- Market research future publishing a half cooked research report on global 3D printing in automotive market. The 3D printing in automotive market is expected to grow over the CAGR of around 13.94% during the period 2023 to 2035.


    3D Printing Automotive Market Statistics:


    Growing investment on research and development activities and innovations is reinforcing the automotive industry worldwide. With an enormous capital investment in automotive technology, a number of manufacturers are aiming 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. 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.


    Due to these influencing factors, the market has witnessed a mounting demand for 3D printing in automotive which is likely to rise during the forecasted period. As per the analysis, the global 3D printing in automotive market is expected to reach USD  25 Billion with a CAGR of 13.94% during the forecast period.


    Browse In-depth Details [Table of Content, List of Figures, List of Tables] of 3D Printing in Automotive Market


    Drivers


     3D Printing Automotive Market Drivers


    Market Research Analysis:


    As per MRFR analysis, the global 3D printing in automotive market is likely to grow at a CAGR of 13.94% during the forecast period, where the market value is expected to reach USD 25 Billion by 2035. Over the years, it has been analyzed that the automotive industry has come up with numerous technological advancements which has reduced the manufacturing and production cost as well as low maintenance cost have boosted up the demand.


    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.


    By Technology



    • Stereolithography (SLA)

    • Laser Sintering

    • Electron Beam Melting

    • Laminated Object Manufacturing

    • Others


    By Material



    • Metal

    • Alloys

    • Others


    By Application



    • Prototyping and Tooling

    • Manufacturing

    • R&D Activities

    • Others


    By Region



    • North America 

    • Asia Pacific 

    • Europe

    • Rest of the World


    Key Players:


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


    About Market Research Future:                       


    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.


    MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


    In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.