Global Automotive 3D Printing Market Report, Size, Share, Analysis 2017 and Forecast to 2023.

According to Stratistics MRC, the Global Automotive 3D Printing market is expected to grow from $785.26 million in 2016 to reach $2951.70 million by 2023 with a CAGR of 20.8%.

Gaithersburg, Maryland, United States - January 3, 2018 /MarketersMedia/ —

Rising acceptance of 3D printing technology by automotive companies to reduce their manufacturing costs is primarily favoring the automotive 3D printing market. Moreover, efficient & multi-use materials for printing, well-organized logistic management and customization of products and government investments in 3D printing & related products, are the factors enhancing market growth. However, lack of uniform process control and high cost of 3D printers are hampering the market.

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By technology, the Stereolithography segment is anticipated to hold the dominant share in the market owing to its speed and techniques to design and manufacture objects, thereby benefiting various industries significantly. Geographically, North America commanded the largest market share due to the early adoption and awareness of the technology. The ability to build complex shapes using fewer parts and less material wastage is inducing major automotive manufacturers in this region to adopt 3D printing.

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Some of the key players in the Automotive 3D Printing market are Arcam AB, 3D Systems Corporation, Stratasys Inc, Voxeljet AG, Optomec Inc, Autodesk, Local Motors, Hoganas AB, Ponoko Ltd, Exone, Airwolf3D, EOS, Sculpteo and Envisiontec GmbH.

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Applications Covered:
• Research, Development & Innovation
• Manufacturing Complex Components
• Prototyping & Tooling
• Other Applications

Materials Covered:
• Polymer
• Metals & Alloys
• Other Materials

Technologies Covered:
• Fused Disposition Modeling
• Stereolithography
• Three Dimensional Inject Printing
• Electron Beam Melting (EBM)
• Selective Laser Sintering
• Laminated Object Manufacturing
• Other Technologies

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Organization: Stratistics Market Research Consulting Pvt Ltd

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Release ID: 283257