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Global Automotive 3D Printing Market is projected to expand at an impressive CAGR of 27.72% from 2015 to 2020

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Published on : Jan 25, 2016

Albany, New York, January 25, 2016: The 200-page research publication is titled “Global Automotive 3D Printing Market: Trends, Opportunities and Forecasts (2015-2020) - (Markets By Technology - SLM, SLS, SLA, FDM, By Region, By Country, Key Players, Margins and Revenue Contribution)” and offers a detailed analysis of the size, growth, and forecast of the global automotive 3D printing market. The major drivers, challenges, and trends impacting the overall performance of the market are also covered in the report. 

The worldwide automotive 3D printing market is rather dynamic in nature with a host of new players entering this market. The players who established themselves back in the 1990s presently dominate the automotive 3D printing market and account for a larger share in the overall market. Between 2010 and 2014, the automotive 3D printing market expanded at a 25.74% CAGR. Driven by the growing investments in the latest technologies, faster and environment-friendly production methods, and the rising demand for innovative designs, the automotive 3D printing market is projected to expand at an impressive CAGR of 27.72% from 2015 to 2020, the report’s forecast period. In 2015 alone, the automotive 3D printing market reported a growth of 30.67% and from 2010 to 2015 the market registered a 22.87% CAGR.

Advancement in software and technology, ease of usage, and the rapid rate of improvement in 3D printing components, printer performance, and 3D printed cards are also anticipated to boost the automotive 3D printing market over the next four years. 

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The report studies the overall automotive 3D printing market by segmenting it on the basis of technology, region, and country. By technology, the market is divided into selective laser melting (SLM), selective laser sintering (SLS), stereolithography (SLA), and fused deposition modeling (FDM). By region, the automotive 3D printing market is segregated into Europe, the Americas, Asia Pacific, and Rest of the World. The countries profiled in this report are Canada, Germany, Spain, China, the US, Mexico, France, Japan, and India. These segments are studied at length and data pertaining to market size, both historic and forecast, has been provided in the report. 

The competitive landscape of the global automotive 3D printing market has been scrutinized so as to give readers a clear picture the leading players and those that hold restrict the growth of the market. In terms of sales and profitability, the top five companies profiled in the report are 3D Systems, Materialise NV, Stratasys, Renishaw PLC, and Arcam AB. The bottom five companies in terms of sales and profitability are ExOne Company, VoxelJet AG, SLM Solutions, Alphaform AG, and Organovo Holdings. 

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