According to HTF Market Intelligence, the Global Automotive 3D Printing Market market to witness a CAGR of 21.73% during forecast period of 2023-2028. Global Automotive 3D Printing Market Breakdown by Application (Tooling, Jigs, and Fixtures, End-User Customisation and Personalised Parts, Small Batch or On-Demand Production, Research and Development, Others) by Type (Selective Laser Sintering (SLS), Stereo Lithography (SLA), Digital Light Processing (DLP), Electronic Beam Melting (EBM), Selective Laser Melting (SLM), Fused Deposition Modeling (FDM)) by Material (Metal, Nylon, Resin, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Automotive 3D Printing Market market size is estimated to increase by USD 5 Billion at a CAGR of 21.73% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 2.8 Billion.
Download Sample Report PDF (Including Full TOC, Table & Figures) 👉
https://www.htfmarketintelligence.com/sample-report/global-automotive-3d-printing-market
The Automotive 3D Printing market refers to the application of 3D printing technology in the automotive industry for manufacturing, prototyping, and customization of parts and components used in vehicles. This market includes the use of various 3D printing technologies such as Fused Deposition Modeling (FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), and others to produce parts and components for automobiles such as engines, transmissions, chassis, body parts, and interiors. The use of 3D printing technology in the automotive industry can reduce lead times, increase flexibility in design, lower costs, and improve performance and durability. The market includes 3D printing equipment, materials, and services used in the automotive industry.
Automotive 3D Printing Market market – Key Segment Analysis
The market share growth by the Selective Laser Sintering (SLS) segment will be significant during the forecast period. The segment is driven by the Increase in Demand to Reduce Vehicle Weight, Production Cost, and Development Time.
Automotive 3D Printing Market market – Competition Analysis
The global Automotive 3D Printing Market market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Stratasys Ltd. (United States), EOS GmbH (Germany), SLM Solutions Group AG (Germany), Materialise NV (Belgium), 3D Systems Corporation (United States), Concept Laser GmbH (Germany), ExOne Company (United States), Arcam AB (Sweden), Optomec Inc. (United States), Prodways Group (France), EnvisionTEC GmbH (Germany).
Have a query? Market an enquiry before purchase 👉
https://www.htfmarketintelligence.com/enquiry-before-buy/global-automotive-3d-printing-market
Automotive 3D Printing Market
Market Drivers
- Increase in Demand to Reduce Vehicle Weight, Production Cost, and Development Time
Market Trend
- Increasing Initiatives and Investments by Major Oems
Market Opportunities
- Untapped Adjacent Markets for 3D Printing Applications
Buy Now Latest Edition of Automotive 3D Printing Market Market Report 👉
https://www.htfmarketintelligence.com/buy-now?format=1&report=2665
What key data is demonstrated in this Automotive 3D Printing Market market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Automotive 3D Printing Market market between 2023 and 2028
- Precise estimation of the size of the Automotive 3D Printing Market market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Automotive 3D Printing Market market players
Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-automotive-3d-printing-market
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com