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3D Printing in Automotive Market Share

  • Report ID: GMI2838
  • Published Date: Aug 2018
  • Report Format: PDF
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3D Printing in Automotive Market Share

The key vendors of 3D printing in the automotive market are

  • 3D Systems
  • Autodesk
  • Stratasys
  • Arcam
  • Voxeljet AG
  • Exone
  • Hoganas AB
  • Ponoko Ltd.
  • Hanhook Tires
  • AI Design

These players are adopting partnerships and collaboration strategies to attain inorganic growth and gain a market share. For instance, in 2018 SLM Solutions & EOS partnered with Audi to implement 3D printing technology in its automobile manufacturing facility. The partnership is aimed at developing a new product folio and gain an edge over its competitors. Furthermore, it will provide the companies with an edge over major 2D printer vendors.  

The 3D printing industry has remained nascent but has shown rapid growth over the last decade. The companies operating in the market have attracted robust investment activities to capitalize on the untapped & expansive market opportunities. However, the market share concentration is low compared to the traditional manufacturing market in the automotive sector.

Authors: Preeti Wadhwani, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of 3D printing in automotive exceeded USD 1.4 billion in 2017.

The industry share of 3D printing in automotive is forecast grow at a CAGR of more than 25% from 2018 to 2024.

North America market demand is due to high R&D spending by public and private sector organizations across the region.

The Europe market is anticipated to demonstrate a stable growth of over 25.8% through 2024 propelled by increasing number of government initiatives and Public-Private Partnerships (PPP) aimed at advancing the additive manufacturing technology in the automotive sector

According to the analysts at GMI, the software segment is estimated to grow substantially at the CAGR of over 30% during the forecast period.

The key vendors in the market are 3D Systems, Autodesk, Stratasys, Arcam, Voxeljet AG, Exone, Hoganas AB, Ponoko Ltd., Hanhook Tires, and AI Design.

3D Printing in Automotive Market Scope

  • 3D Printing in Automotive Market Size
  • 3D Printing in Automotive Market Analysis
  • 3D Printing in Automotive Market Share

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    Premium Report Details

    • Base Year: 2017
    • Companies covered: 22
    • Tables & Figures: 477
    • Countries covered: 16
    • Pages: 280
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