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3D Printing Automotive Market Growing at a CAGR of 26.58% to 2020

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The Worldwide 3D printing market for automotive is estimated to be3.49 million kilograms in 2015, and is projected to grow to 11.53 million kilograms by 2020, at a CAGR of 26.99% according to this new research. In this report, the 3D printing automotive market is segmented on the basis of technology, material, application, and region.

Complete report on 3D Printing Automotive Market spread across 211 pages, profiling 13 companies and supported with 71 tables and 76 figures is now available at:
http://www.rnrmarketresearch.com/3d-printing-automotive-market-by-technology-sla-sls-fdm-ebm-lom-3dip-materials-metals-polymers-application-prototyping-tooling-r-d-manufacturing-and-region-global-trends-and-forecast-to-2020-market-report.html

Automotive OEMs have begun adopting 3D printing for rapid prototyping, rapid tooling, R&D, and manufacturing complex components. OEMs have a wide range of 3D printing materials to choose from, including metals, alloys, polymers, glass, and composites. The choice of material largely depends on the application. For instance, if an OEM wants to prototype a dashboard for a car, they could use thermoplasticas a print material, as it would offer more flexibility and rigidity, and if they want to prototype an engine component, they could 3D print on steel, which offers a high tolerance to temperature and pressure. Additionally, 3D printing in automotive reduces the time taken to prototype, the length of the supply chain, the cost of prototyping, and raw material wastage; these are also key drivers of the 3D printing in automotive market. Factors restricting the growth of the 3D printing in automotive market are lack of standardization of the control process and fluctuations in the availability and cost of print materials.

This report segments the 3D printing market for automotive on the basis of technology [stereo lithography (SLA), laser sintering, electron beam melting (EBM), fused disposition modeling (FDM), laminated object manufacturing (LOM), three dimensional inkjet printing (3IDP), and other technologies], material [polymers, metals/alloys, and others (glass, ceramics, wood, composites)], application [prototyping and tooling, R&D and innovation, manufacturing complex components and others (customization, personalization, aftermarket)], and 3D printer market.

The report classifies and defines the3D printing market for automotive, in terms of volume and value. Market size, in terms of volume, is provided in thousand kilograms from 2013 to 2020, while the market size, by value, is provided in terms of USD Million.

The 3D printing market for automotive in Europe is estimated to grow at the highest CAGR, by value, of 30.29% from 2015 to 2020.

The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the3D printing market for automotive. Apart from analyzing the quantitative aspects of the market, the report also covers qualitative aspects, such as the value chain analysis and Porter’s Five Forces analysis.

The 3D printing market for automotive is dominated by a few major players, such as 3D Systems (U.S.), Stratasys (U.S.), Optomec (U.S.), ExOne (U.S.), and Arcam (Sweden). The key strategies adopted by these market players are mergers & acquisitions, new product development, and expansion.

Companies profiled in this 2015 3D Printing Automotive Market research include 3D Systems Corporation, Autodesk, Stratasys Inc., Voxeljet AG, Exone, Hoganas AB, Optomec Inc., Local Motors and Ponoko Ltd. Order a copy of 3D Printing Automotive Market by Technology (SLA, SLS, FDM, EBM, LOM, 3DIP), Materials (Metals, Polymers), Application (Prototyping & Tooling, R&D, Manufacturing), and Region – Global Trends and Forecast to 2020 research report at:
http://www.rnrmarketresearch.com/contacts/purchase?rname=417867

On a related note, Large Format Printer Market By Print Width (17” to 72” and Above), Ink Type (Aqueous, Solvent, UV-Cured, Latex and Dye-Sublimation), Application (Apparels, Signage, Advertising, Tile Murals, and CAD), And Geography – Global Forecast to 2020 forecasts a 6.69% CAGR to 2019 for Large Format Printer Market in Printer industry. The report includes the segmentation on the basis of Width, Ink Type, and Application. Hewlett-Packard Development Company L.P. (HP), Ricoh Company Ltd., Xerox Corporation, Agfa-Gevaert Group, Durst, Electronics for Imaging Inc., Epson America Inc., Konica Minolta Inc., Canon Inc. are companies mentioned in this 155 pages research available at:
http://www.rnrmarketresearch.com/large-format-printer-market-by-print-width-17-to-72-and-above-ink-type-aqueous-solvent-uv-cured-latex-and-dye-sublimation-application-apparels-signage-advertising-tile-m-market-report.html

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