Automotive Additive Manufacturing Market Size and Growth Factors Research and Projection 2026
Market Summary : New and improved technologies, government financial support, large - scale application area is likely to stimulate demand. Market Size – USD 6.45 Billion in 2018, Market Growth - CAGR of 7.5%, Market Trends – Rapid product development at low cost and customer - friendly product development. The Automotive Additive Manufacturing Market is expected to grow from USD 6.45 Billion in 2018 to USD 11.85 Billion by 2026, at a CAGR of 7.5%. New and improved technologies, government financial support, large - scale application area, rapid low - cost product development and easy custom product development are the main drivers intended to drive the automotive additive manufacturing market. Further key findings from the report suggest • The Automotive Additive Manufacturing Market is expected to grow from USD 6.45 Billion in 2018 to USD 11.85 Billion by 2026, at a CAGR of 7.5%. New and improved technologies, government financial support, large - scale application area, rapid low - cost product development and easy custom product development are the main drivers intended to drive the automotive additive manufacturing market. • These are expected to be the primary revenue opportunity for the automotive additive manufacturing market that drives the whole segment, amounting to almost USD 11.85 Billion by the end of the forecast period. • On the basis of material-type, the metal segment is expected to hold the largest market share as 3D printing is easy to use in the manufacture of end products (engines, spare parts, other interior and exterior parts). www.reportsanddata.com
Key Players: Stratasys (US), Arcam AB (Sweden), 3D Systems (US), Proto Labs Inc. (US), SLM Solutions (Germany), Materialise (Belgium), ExOne GmbH (Germany), EOS GmbH (Germany), Concept Laser (Germany), Ultimaker (Netherlands) and others. Segmentation: • Technology-Type (Units, Thousands: 2016-2026; and Revenue, USD Million: 2016-2026), Multijet Printing (MJP), Direct Metal Laser Sintering (DMLS), Fused Deposition Modelling (FDM), Stereolithography (SLA), Selective Laser Melting (SLM), Electronic Beam Melting (EBM), Laser Metal Deposition (LMD), Selective Laser Sintering (SLS), Laminated Object Manufacturing (LOM), Others
• Material-Type (Units, Thousands: 2016-2026; and Revenue, USD Million: 2016-2026), Metal, Polymers, Ceramics, Others • Application-Type (Units, Thousands: 2016-2026; and Revenue, USD Million: 2016-2026), Prototyping, Tooling, R&D & Innovation, Manufacturing Complex Parts, Others
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Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea)
• Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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The report emphasizes the following key questions: • Q.1.
What are the most lucrative and promising growth prospects for the market?
• Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?
• Q.3.
Which geographies are estimated to exhibit the highest growth and the underlying causes?
• Q.4.
Which factors are impacting the future of the market and what are the driving factors?
• Q.5.
What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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