3D Printing Automotive Market is expected to generate a revenue of USD 65.57 Billion by 2028, Globally, at 19.2% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global 3D Printing Automotive Market.

Jersey City, New Jersey, Dec. 14, 2022 (GLOBE NEWSWIRE) — Verified Market Research® recently published a report, “3D Printing Automotive Market” By Technology (Stereolithography, Electronic Beam Melting, Fused Deposition Modeling), By Material Type (Metal, Polymer), By Application (Production, Prototyping), and By Geography.

As per the deep research carried out by Verified Market Research®, the global 3D Printing Automotive Market size was valued at USD 19.18 Billion in 2020 and is projected to reach USD 65.57 Billion by 2028, growing at a CAGR of 19.2% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=29883

Browse in-depth TOC on3D Printing Automotive Market

202 – Pages

126 – Tables

37 – Figures

Global 3D Printing Automotive Market Overview

The growing demand in the automobile industry for efficient, cost-effective technology that creates complex, high-quality products is driving the adoption of 3D printing in the automotive industry. Products that were previously technically impossible to build using conventional techniques are now technically possible because of technology. Internal components can be integrated under previously inaccessible surfaces and other elements thanks to the additive manufacturing technology’s building process. It gives manufacturers the flexibility to combine components for integrated functionality that will increase the product’s performance and durability while lowering costs.

The main drivers of market expansion are the expansion of technology, the growing requirement to produce intricate designs quickly, and the rising need for shorter product development cycles at lower costs. Additionally, rising government spending on 3D printing-related R&D initiatives is anticipated to promote market expansion. New materials and processes used in additive manufacturing are opening up new 3D printing possibilities in the automotive industry.

One of the most popular 3D printing techniques in the automotive sector is FDM. The adaptability of the process used to produce prototypes, concept model components, and finished goods contributes to the preservation of a sizable market share in the 3D printing automotive sector. This computer-assisted method begins the printing process bottom-up by receiving input from a processing unit for the model that it needs to produce. The utilization of materials like thermoplastics during the process yields extremely light final goods. Advanced high-performance thermoplastics are utilized in the manufacturing process to create items that are extraordinarily strong, durable, and light.

Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global 3D Printing Automotive Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Key Players

The “Global 3D Printing Automotive Market” study report will provide valuable insight with an emphasis on the global market.  The major players in the market are 3D Systems Corporation, ARCAM AB, Autodesk Inc, EnvisionTEC, Optomec Inc., Ponoko Ltd, Stratasys Ltd, The Exone Company, Voxeljet AG, Materialise NV.

Based on the research, Verified Market Research® has segmented the global 3D Printing Automotive Market into Technology, Material Type, Application, and Geography.

  • 3D Printing Automotive Market, by Technology
    • Stereolithography
    • Electronic Beam Melting
    • Fused Deposition Modeling
    • Others
  • 3D Printing Automotive Market, by Material Type
    • Metal
    • Polymer
    • Others
  • 3D Printing Automotive Market, by Application
    • Production
    • Prototyping
    • Others
  • 3D Printing Automotive Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Automotive Labels Market By Type (Asset Labels, Branding Labels), By Raw Materials (Polyethylene (PE), Polyethylene terephthalate (PET)), By Application (Engine Component Labels, Exterior Labels), By Technology (Printing Technology, Identification Technology), By Geography, And Forecast

3D Printing Medical Devices Market By Component (Software And Services Equipment, 3D Printers, 3D Bioprinters), By Type (Surgical Guides, Dental Guides, Craniomaxillofacial Guides), By Technology (Electron Beam Melting (EBM) Technology, Laser Beam Melting (LBM) Technology), By Geography, And Forecast

Healthcare 3D Printing Market By Component (Services, Materials), By Technology (Photopolymerization, Laser Beam Melting), By Application (Clinical Study Devices, Implants and Tissue Engineering), By Geography, And Forecast

3D Printing Software Market By Product (3D Designing Software, Data Preparation Software, Simulation Software, Machine Control Software, Other), By Application (Commercial, Office, Personal), By Geography, And Forecast

Top 10 3D Printing Material Companies – Manufacturing made simpler

Visualize 3D Printing Automotive Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. 

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance and use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

CONTACT: Mr. Edwyne Fernandes Verified Market Research® US: +1 (650)-781-4080 UK: +44 (753)-715-0008 APAC: +61 (488)-85-9400 US Toll Free: +1 (800)-782-1768 Email: [email protected] Web: https://www.verifiedmarketresearch.com/ BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/ Follow Us: LinkedIn | Twitter

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Mango Bunch takes no editorial responsibility for the same.