DUBLIN--(BUSINESS WIRE)--The "Global 3D printing automotive Market Research Report, Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
Global 3D printing automotive market is expected to grow at CAGR of 26.6% during the forecast period of 2016-2023
3D printing technology, also called as additive manufacturing (AM), is the process which is used to create a 3D object. In this, layers of material are formed through computer control to create an object. Use of multiple materials for printing, reduction of material wastage, and reduction in costs & time of rapid prototyping are the factors which are driving the market.
However, limited availability, high cost, & standardization issues of 3d printing materials and lack of standardized process control are restraining the market growth. Furthermore, delivering various innovation opportunities and untapped markets for 3D printing applications are creating new opportunity for the market during the forecast period.
Geographically, North America dominates global 3D printing automotive market for the forecast period 2016-2023. Factors such as the declining price of 3D printers, early adoption of technology in the region is driving the market. Asia pacific in automotive 3D printing adoption is expected to record the fastest growing region for the market during the forecast period.
The growth in global 3D printing automotive market is also influenced by the presence of major players, such as 3D Systems Corporation, Autodesk, Arcam AB, Stratasys Inc., Voxeljet AG and others.
Moreover, the automakers such as Elan Motorsports Technologies, Daimler Trucks, EGR, Confederate Motors, Honda and Koenigsegg have fully adopted the 3D printing technology for their automotive production.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographical Analysis
7. Company Profiles
- 3D Systems Corporation (U.S.)
- Arcam Ab (Sweden)
- Autodesk (U.S.)
- Chizel Prints Manufacturing Pvt. Ltd (U.S.)
- Envisiontec Inc. (U.S.)
- Exone (U.S.)
- Gearbest (U.S.)Overview
- Hoganas Ab (Sweden)
- Local Motors (U.S.)
- Optomec Inc. (U.S.)
- Ponoko Ltd. (U.S.)
- Stratasys Inc. (U.S.)
- Voxeljet Ag (Germany)
- Webcrawler (U.S.)
For more information about this report visit https://www.researchandmarkets.com/research/7tnngb/global_3d?w=4