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Global Automotive 3D Printing Market - Growth, Trends, and Forecast (2018 - 2023)

Global Automotive 3D Printing Market - Growth, Trends, and Forecast (2018 - 2023)

The global automotive 3D printing market is expected to register a CAGR of about25%, during the forecast period, 2018 to 2023. 3D printing technology is very versatile. It is often used for engineering prototypes and tools for manufacturing processes, etc. The automotive industry has incorporated 3D printing throughout all processes and functions; from the design concept to near-end-of-life repairs. The advantages of 3D printing, include innovative designing, high adaptability levels, minimal time to market, and the ability to manufacture parts without expensive tooling. 3D printers in the automotive industry is extensively used for tooling and prototyping, because it reduces the turnaround time for creating a prototype. As a result, OEMs can now print a prototype overnight at a minimal cost using 3D printing. Local Motors is one of the first manufacturers to commercialize the use of 3D printing in the automotive sector, by manufacturing chassis and body parts using giant printers. Further, Ford Motor Company employed 3D printers, to produce prototypes of resin, silica powder, sand, and metal, to manufacture its vehicle components. Johnson Controls Automotive Seating, an auto-parts manufacturer, produces commercial 3D printed metal parts with complex shapes, which are hard to produce using conventional welding methods. Some of the major advancements include 3D printing of metals, speed printing, printing welder etc.

North America to Dominate the Market Growth

North America is the largest market for automotive 3D printing, and is expected to increase its global market share, during the forecast period. The growth in the region is due to the increasing adoption of 3D printing technologies in the automotive industry.

Key Developments in the Market

  • November 2017: 3D Systems unveiled a next-generation additive metal platform for high-productivity production.
  • November 2017: Voxeljet has officially launched its new High Speed Sintering (HSS) technology.

    Reasons to Purchase this Report
  • The report analyses the impact of advancements in the 3D printing technology on the automotive industry.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • The material type that is expected to dominate the market.
  • The regions that are expected to witness fastest growth during the forecast period.
  • Identify the latest developments, market shares, and strategies employed by the major market players.
  • 3 months analyst support, along with the Market Estimate sheet (in Excel).
  • Customization of the Report

    This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

    1. Introduction
    1.1 Research Methodology
    1.2 General Study Assumptions
    2. Research Methodology
    2.1 Introduction
    2.2 Analysis Methodology
    2.3 Study Assumptions
    2.4 Econometric Forecast model
    3. Executive Summary
    4. Market Overview and Technology Trends
    4.1 Current Market Scenario
    4.2 Technology Trends
    4.3 Porter's Five Forces Analysis
    4.3.1 Bargaining Power of the Suppliers
    4.3.2 Bargaining Power of the Consumers
    4.3.3 Threat of New Entrants
    4.3.4 Threat of Substitute Products and Services
    4.3.5 Competitive Rivalry within the Industry
    5. Market Dynamics
    5.1 Drivers
    5.1.1 Demand for Fuel Efficient Vehicle
    5.2 Restraints
    5.2.1 Sophisticated Repair Techniques
    5.2.2 High Cost of Carbon Fiber Composites
    5.3 Opportunities
    5.3.1 Penetration of Composites in Different Components of Vehicle
    6. Global Automotive Carbon Fiber Composites, Segmented By Application Type
    6.1 Structural Assembly
    6.2 Power Train Components
    6.3 Interiors
    6.4 Exteriors
    6.5 Others
    7. Global Automotive Carbon Fiber Composites, Segmented By Geography
    7.1 North America
    7.1.1 The Unites States
    7.1.2 Canada
    7.1.3 Others
    7.2 Asia-Pacific
    7.2.1 China
    7.2.2 Japan
    7.2.3 India
    7.2.4 Others
    7.3 Europe
    7.3.1 Germany
    7.3.2 United Kingdom
    7.3.3 France
    7.3.4 Others
    7.4 Rest of the World
    7.4.1 Brazil
    7.4.2 South Africa
    7.4.3 Others
    8. Competitive Landscape
    8.1 Introduction
    8.2 Market Share Analysis
    9. Company Profiles
    9.1 ACP Composites
    9.2 Clear Water Composties LLC
    9.3 Cytec Industries Inc.
    9.4 Formtech Composites
    9.5 Hexcel Corporation
    9.5 HITCO Carbon composites Inc.
    9.6 Kemrock Industries and Exports Limited
    9.7 Mitsubishi Rayon Carbon Fiber & Composites
    9.8 Mouldcam Pty Ltd.
    9.9 Polar Manufacturing Ltd
    9.10 Protech Composites
    9.11 Revchem Composites
    9.12 Rock West Composites
    9.13 SGL Group
    9.14 Toho Tenax America, Inc.
    9.15 Toray Industries Inc.
    9.16 Wolf Composites
    9.17 Zoltek Carbon Fiber
    10. Future of the Market
    11. Disclaimer

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