September 4, 2020

3D Printing in Automobile Industry Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2022

Summary

Global 3D Printing in Automobile Market Information Report, By Technology (Stereolithography (SLA), Laser Sintering, Electron Beam Melting, Laminated Object Manufacturing and Others), By Material (Metal, Alloys and Others), By Application (Prototyping and Tooling, Manufacturing, R&D Activities and Others), By Region - Forecast To 2023

Industry Overview

The increasing focus on introducing innovative and effective printing materials to offer lightweight spare parts, decreasing material wastage, and lessening the turnaround time is fueling the development of the global 3D Printing in Automobile Industry over the assessment period.

Competitive Analysis

The leading market players operating in the global market as identified by MRFR are Autodesk, Stratasys Ltd, 3D Systems, Inc, Arcam AB, Exone, EnvisionTEC, Inc, Voxeljet AG, Ponoko Ltd, Local Motors, Optomec, Inc and among others.

Segmental Analysis

The global 3D Printing in Automobile Industry has been analyzed on the basis of material, technology, and application. Based on the technology, the market for Automobile 3D Printing is divided into laser sintering, stereolithography (SLA), laminated object manufacturing, electron beam melting, and others. Among these, the stereolithography (SLA) holds the maximum market share in the global 3D Printing in Automobile Industry by 2023.

Regional Analysis

The geographical analysis of the global market has been conducted in four major regions, covering the North America, Asia Pacific, Europe, and the rest of the world (Latin America, the Middle East and Africa). Among these, the Europe region holds the largest market share in the global 3D Printing in Automobile Industry due to the presence of large number of Automobile manufacturers in a higher concentration that are siding towards the integration of 3D printing technology in the production process in this region.

The 3D Printing in Automobile Industry in the North America, and the Asia Pacific regions is developing considerably, due to the increasing technological advancement in the sector on 3D technology and brisk expansion in the Automobile vertical in these countries. The seamless development in the 3D printing technology for expanding the application range of 3D printing technology is fueling the expansion of the market for Automobile 3D Printing in the rest of the world over the review period.

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