The future of the global 3D printing materials in the global automotive market looks promising with opportunities in prototyping & tooling, research, development & innovation, and manufacturing complex component applications. The use of 3D printing materials in the global automotive market is expected to reach an estimated $0.58 billion by 2028 with a CAGR of 16.1% from 2023 to 2028. The major drivers for this market are increasing need for quick prototyping and development of complex parts and growing demand for lightweight components in the automotive industry.
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Prototyping & tooling is expected to remain the largest application segment because it helps in reducing expenses, shortens the lead time, and also helps in minimizing wastage.
North America will remain the largest region due to increasing production of ICE vehicles and EVs equipped with 3D printed parts in the region.
Answer: The global automotive market in terms of 3D printing material usage is expected to reach an estimated $0.58 billion by 2028.
Q2. What is the growth forecast for 3D printing materials in the automotive market?
Answer: The global automotive market in terms of 3D printing material usage is expected to grow with a CAGR of 16.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the 3D printing materials in automotive market?
Answer: The major drivers for this market are increasing need for quick prototyping and development of complex parts and growing demand for lightweight components in the automotive industry.
Q4. What are the major segments for 3D printing materials in automotive market?
Answer: The future of 3D printing materials in the automotive market looks promising with opportunities in prototyping & tooling, research, development & innovation, and manufacturing complex component applications.
Q5. Who are the key 3D printing material companies in the automotive market?
Answer: Some of the key 3D printing material companies in the automotive market are as follows:
Answer: The analyst forecasts that stereolithography is expected to witness the highest growth over the forecast period due to its widespread application as an additive production method for developing lightweight, high precision, and precise vehicle parts.
Q7. In 3D printing materials in automotive market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to increasing production of ICE vehicles and EVs equipped with 3D printed parts in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
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3D Printing Materials in Automotive Market
A more than 150-page report is developed to help in your business decisions.
3D Printing Materials in Automotive Market by Segment
The study includes trends and forecast for 3D printing materials in the global automotive market by technology, application, and region, as follows:3D Printing Materials in Automotive Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:
- Stereolithography (SLA)
- Selective Laser Sintering (SLS)
- Electron Beam Melting (EBM)
- Fused Deposition Modeling (FDM)
- Laminated Object Manufacturing (LOM)
- Three-Dimensional Inject Printing
- Others
3D Printing Materials in Automotive Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Prototyping & Tooling
- Research, Development & Innovation
- Manufacturing Complex Components
- Others
3D Printing Materials in Automotive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of 3D Printing Material Companies in the Automotive Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, 3D printing material companies in automotive market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 3D printing material companies in the automotive market profiled in this report include-- 3D Systems Corporation
- Autodesk
- Envisiontec
- Polymaker
- Ponoko
3D Printing Materials in Automotive Market Insights
The analyst forecasts that stereolithography is expected to witness the highest growth over the forecast period due to its widespread application as an additive production method for developing lightweight, high precision, and precise vehicle parts.Prototyping & tooling is expected to remain the largest application segment because it helps in reducing expenses, shortens the lead time, and also helps in minimizing wastage.
North America will remain the largest region due to increasing production of ICE vehicles and EVs equipped with 3D printed parts in the region.
Features of the 3D Printing Materials in Automotive Market
- Market Size Estimates: 3D printing materials in automotive market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: 3D printing materials in automotive market size by various segments, such as by technology, application, and region
- Regional Analysis:3D printing materials in automotive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different technology, applications, and regions for the 3D printing materials in automotive market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the 3D printing materials in automotive market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the global automotive market size in terms of 3D printing material usage?Answer: The global automotive market in terms of 3D printing material usage is expected to reach an estimated $0.58 billion by 2028.
Q2. What is the growth forecast for 3D printing materials in the automotive market?
Answer: The global automotive market in terms of 3D printing material usage is expected to grow with a CAGR of 16.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the 3D printing materials in automotive market?
Answer: The major drivers for this market are increasing need for quick prototyping and development of complex parts and growing demand for lightweight components in the automotive industry.
Q4. What are the major segments for 3D printing materials in automotive market?
Answer: The future of 3D printing materials in the automotive market looks promising with opportunities in prototyping & tooling, research, development & innovation, and manufacturing complex component applications.
Q5. Who are the key 3D printing material companies in the automotive market?
Answer: Some of the key 3D printing material companies in the automotive market are as follows:
- 3D Systems Corporation
- Autodesk
- Envisiontec
- Polymaker
- Ponoko
Answer: The analyst forecasts that stereolithography is expected to witness the highest growth over the forecast period due to its widespread application as an additive production method for developing lightweight, high precision, and precise vehicle parts.
Q7. In 3D printing materials in automotive market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to increasing production of ICE vehicles and EVs equipped with 3D printed parts in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for 3D printing materials in the global automotive market by technology (stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing, three-dimensional inject printing, and others), application (prototyping & tooling, research, development & innovation, manufacturing complex component, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. 3D Printing Materials in the Global Automotive Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2017 to 2028
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- 3D Systems Corporation
- Autodesk
- Envisiontec
- Polymaker
- Ponoko
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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