DUBLIN, December 14, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bgv2pn/3d_printing) has announced the addition of the "3D Printing Automotive Market - Global Trends and Forecast to 2020" report to their offering.
The 3D printing market for automotive is estimated to be 3.49 million kilograms in 2015, and is projected to grow to 11.53 million kilograms by 2020, at a CAGR of 26.99%.
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.
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.
The report classifies and defines the 3D 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 the 3D 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.
- 3D Systems Corporation
- Arcam AB
- Hoganas AB
- Local Motors
- Optomec Inc.
- Ponoko Ltd
- Stratasys Inc.
- Voxeljet AG
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Overview Of 3D Printer Market6 Current & Future Application Of 3D Printing In Automotive
7 Market Overview
8 3D Printing Market For Automotive, By Application
9 Global 3D Printing Market For Automotive, By Technology
10 3D Printing Market For Automotive, By Material
11 3D Printing Market For Automotive, By Region
12 3D Printing For Automotive Applications : Case Studies
13 Competitive Landscape
14 Company Profiles
For more information visit http://www.researchandmarkets.com/research/bgv2pn/3d_printing
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SOURCE Research and Markets