Global Automotive 3D Printing
Market Report
2024
Automotive 3D Printing Market size is USD 2992.23 million in 2024 and will expand at a compound annual growth rate (CAGR) of 24.32% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive 3D Printing market size will be USD 2992.23 million in 2024 and will expand at a compound annual growth rate (CAGR) of 24.32% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive 3D Printing Market Sales Revenue 2024 | $ 2992.23 Million |
Global Automotive 3D Printing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.32% |
Market Split by Vehicle |
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Market Split by Offering |
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Market Split by Component |
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Market Split by Material |
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Market Split by Technology |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Automotive 3D Printing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Layer-by-layer printing of a 3D computer-aided design (CAD) file is known as additive production or 3D printing. Lead times and production costs for complex parts can be shortened with the help of 3D printing. Applications include design and idea of communication, validation of testing, preliminary production samples and equipment, and part customization, all of which are made possible by 3D printing in the automotive industry. The need for the use of 3D printing is being driven by the desire for shorter development times with fewer designs, which would ultimately result in lower production costs. On the other hand, significant OEM initiatives and investments in this area are bolstering the market for automotive 3D printing. Increased usage of 3D printing for quick testing and creation, as well as a growing demand for lowering vehicle weight, production costs, and creation time.
Major OEMs are stepping up their efforts and investments to Increase Demand worldwide. In the automotive industry, 3D printing helps OEMs cut expenses and produce affordable auto parts faster. Although there are initial challenges in applying this new technology, OEMs have reported favorable effects on their manufacturing process and final goods. As a result, OEMs have increased their spending on 3D printing and integrated technology into every step of their production process. Future uses of 3D printing technologies in a variety of industries, including healthcare, consumer goods, and automotive, will lead to a rise in the growth of Automotive 3D Printing as an essential component due to the development of the technology from quick prototyping to automated (DDM) production of items.
Cost, standardization, and material availability will slow down the market and hamper the sales. 3D printing is a cutting-edge technology that could transform industrial manufacturing and give rise to concerns about intellectual property rights and copyright for manufacturers, hampering the growth of Automotive 3D Printing.
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Porsche revealed in May 2023 that the Taycan, a new electrified sports car, will have its main seat and rear cushion components made by 3D printing. Selective laser sintering, or SLS, is used in the 3D printing of polyurethane products.
Top Companies Market Share in Automotive 3D Printing Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's numerous automakers and ongoing technological breakthroughs in the industry. This is mostly because top automakers use additive manufacturing extensively for research and development projects like components and prototyping.
Asia-Pacific stands out as the fastest-growing region in the Automotive 3D Printing market for several compelling reasons. The region is also expected to show an upward rise in the industry over the forecast time frame due to the entry of many start-ups into the marketplace, an established chemical sector, government efforts, an abundance of trained labor, and inexpensive supplies.
The current report Scope analyzes Automotive 3D Printing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive 3D Printing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive 3D Printing Industry growth. Automotive 3D Printing market has been segmented with the help of its Vehicle, Offering Component, and others. Automotive 3D Printing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, prototyping and tooling vehicle Types dominate the segment. The primary causes of this include the prototype's rapid creation, a reasonably simple procedure, lower costs, a variety of possible filament options, adaptability to design modifications, and a decrease in waste.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive 3D Printing Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Automotive 3D Printing from 2019 to 2031. This will also help to analyze the demand for Automotive 3D Printing across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Offering of Automotive 3D Printing are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive 3D Printing Market is witnessing significant growth in the near future.
In 2023, the By Vehicle Type segment accounted for noticeable share of global Automotive 3D Printing Market and is projected to experience significant growth in the near future.
The Hardware segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3D Systems Corporation , Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Vehicle | By Vehicle Type, ICE vehicles, Electric vehicles |
Offering | Hardware, Software |
Component | Interior components, Exterior components |
Material | Metals, Stainless Steel, Titanium, Aluminum, Metal Alloys, Plastic, Acrylonitrile Butadiene Styrene (ABS), Polylactic Acid (PLA), Nylon, Composites and Resins, Others |
Technology | Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Fused Deposition Modeling (FDM), Laminated Object Manufacturing (LOM), Three-Dimensional Inject Printing, Others |
Application | Prototyping & Tooling, Research, Development & Innovation, Manufacturing Complex Components, Others |
List of Competitors | 3D Systems Corporation, Autodesk, Inc., Desktop Metal, Inc., EOS GmbH, General Electric Company, Hoganas AB, Materialise NV, Stratasys, Ltd., Ultimaker BV, Voxeljet AG |
This chapter will help you gain GLOBAL Market Analysis of Automotive 3D Printing. Further deep in this chapter, you will be able to review Global Automotive 3D Printing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Automotive 3D Printing Market Trends North America Automotive 3D Printing Technological Road Map North America Automotive 3D Printing Market Drivers North America Automotive 3D Printing Market Restraints North America Automotive 3D Printing Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Vehicle Analysis 2019 -2031, will provide market size split by Vehicle. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Vehicle Analysis 2019 -2031
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Chapter 11 Market Split by Offering Analysis 2019 -2031
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Chapter 12 Market Split by Component Analysis 2019 -2031
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Chapter 13 Market Split by Material Analysis 2019 -2031
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Chapter 14 Market Split by Technology Analysis 2019 -2031
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Chapter 15 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive 3D Printing market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why By Vehicle Type have a significant impact on Automotive 3D Printing market? |
What are the key factors affecting the By Vehicle Type and ICE vehicles of Automotive 3D Printing Market? |
What is the CAGR/Growth Rate of Hardware during the forecast period? |
By type, which segment accounted for largest share of the global Automotive 3D Printing Market? |
Which region is expected to dominate the global Automotive 3D Printing Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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