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3D Printing in Automotive Market worth $13.17 billion by 2030, growing at a CAGR of 19.03% - Exclusive Report by 360iResearch
3D Printing in Automotive Market | 360iResearch
The Global 3D Printing in Automotive Market to grow from USD 3.89 billion in 2023 to USD 13.17 billion by 2030, at a CAGR of 19.03%.
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3D printing, also known as additive manufacturing, refers to the process of creating three-dimensional objects from a digital file by adding successive layers of material. This technology is revolutionizing manufacturing, prototyping, and custom part production in the automotive industry. Factors propelling the adoption of 3D printing in automotive include the need to reduce production costs, lower vehicle weight for fuel efficiency, and satisfy the demand for customized automotive components. Furthermore, rapid prototyping with 3D printing significantly accelerates design and development cycles, allowing for faster market entry. However, high initial investment in 3D printing technology and the limited availability of materials suitable for automotive standards can hinder their adoption. Additionally, 3D printing at a scale that meets the high-volume production requirements of the automotive industry and ensuring the final products meet stringent safety and quality standards are significant challenges. Moreover, the potential for mass production is becoming more tangible and is expected to introduce new opportunities and segments, including vintage car parts production and on-demand manufacturing for discontinuous models. Innovations in 3D printing materials and techniques continue to emerge, which are anticipated to reduce costs and expand the range of automotive applications such as tooling, fixtures, and finished car components.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 3D Printing in Automotive Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 3D Printing in Automotive Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 3D Printing in Automotive Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Corporation, 3DGence sp.z o.o., Aurum3D, Autodesk Inc., BigRep GmbH, CRP Service Srl, Dassault Systèmes S.E., Desktop Metal, Inc., EOS GmbH, Ford Motor Company, Höganäs AB, Materialise NV, Objective3D Pty Ltd., OMNI3D spółka z ograniczoną odpowiedzialnością, Ponoko Inc., Prodways Printers SAS, Proto Labs, Inc., Proto3000 Inc., Prototal UK, Siemens AG, Stratasys Ltd., The ExOne Company, Tractus3D, TriMech Solutions, LLC, Ultimaker B.V., UnionTech, Verashape Sp. z o.o. sp.k., Voxeljet AG, Wipro Limited, and Zeal 3D Printing.
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Market Segmentation & Coverage:
This research report categorizes the 3D Printing in Automotive Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component Type, market is studied across Hardware, Service, and Software. The Software is projected to witness significant market share during forecast period.
Based on Material, market is studied across Composites & Resins, Metal, and Plastic. The Composites & Resins is projected to witness significant market share during forecast period.
Based on Technology Type, market is studied across Digital Light Processing, Electronic Beam Melting, Fused Deposition Modeling, Selective Laser Melting, Selective Laser Sintering, and Stereo Lithography. The Stereo Lithography is projected to witness significant market share during forecast period.
Based on Application, market is studied across Manufacturing Complex Components, Prototyping & Tooling, and Research, Development & Innovation. The Prototyping & Tooling is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 3D Printing in Automotive Market, by Component Type
7. 3D Printing in Automotive Market, by Material
8. 3D Printing in Automotive Market, by Technology Type
9. 3D Printing in Automotive Market, by Application
10. Americas 3D Printing in Automotive Market
11. Asia-Pacific 3D Printing in Automotive Market
12. Europe, Middle East & Africa 3D Printing in Automotive Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 3D Printing in Automotive Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 3D Printing in Automotive Market?
3. What is the competitive strategic window for opportunities in the 3D Printing in Automotive Market?
4. What are the technology trends and regulatory frameworks in the 3D Printing in Automotive Market?
5. What is the market share of the leading vendors in the 3D Printing in Automotive Market?
6. What modes and strategic moves are considered suitable for entering the 3D Printing in Automotive Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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