DUBLIN –(BUSINESS WIRE)
The “Global 3D Printing Market for Automotive and Aerospace Industry: Focus on Technology, Material Type and End-use – Analysis and Forecast (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
Global 3D Printing Market for Aerospace and Automotive Industry to Reach $9.36 Billion by 2023
Rapid growth in technological advancements, innovative designing, and development of a wide variety of materials are the factors propelling the development of the 3D printing market. Various companies across the globe are actively adopting 3D printing technology to develop prototypes and to manufacture end-user products with the help of suitable materials and different processes. The usage of 3D printing in aerospace and automotive industries saves a lot of time and manpower, as it provides faster printing speed, higher accuracy, and helps in avoiding the post-manufacturing processes.
The 3D printing market for aerospace and automotive industry varies according to various geographical regions. The 3D printing market for aerospace and automotive industry holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW). Geographically, North America led the global 3D printing market for aerospace and automotive industry in 2017 in terms of value. Additionally, the APAC region is expected to witness the highest growth during the forecast period (2018-2023). Growing automotive industry and adoption of 3D printing technology for mass production are some of the factors expected to contribute to the market growth in the APAC region.
The global 3D printing market for aerospace and automotive industry has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this section are product launches & development, business expansion, partnerships and collaborations, and mergers and acquisitions. The preferred strategy for the companies has been business expansion in order to strengthen their position in the global 3D printing market for aerospace and automotive industry.
Key Topics Covered:
1 Market Dynamics
2 Competitive Insights
3 Industry Analysis
4 Global 3D Printing Market for Automotive and Aerospace Industry (by Technology), $Million, 2018 and 2023
5 Global 3D Printing Market for Automotive and Aerospace Industry (by Material), $Million, 2018 and 2023
6 Global 3D Printing Market for Automotive and Aerospace Industry (by End-use), $Million, 2018 and 2023
7 3D Printing Market for Automotive and Aerospace Industry (by Region), $Million, 2018 and 2023
8 Company Profiles
- 3D Systems, Inc.
- BASF SE
- EOS GmbH
- Evonik Industries AG
- FormLabs Inc.
- General Electric
- HP Inc.
- Materialise NV
- Proto Labs
- Royal DSM
- SLM Solutions Group
- Stratasys Ltd.
- Ultimaker B.V.
For more information about this report visit https://www.researchandmarkets.com/research/2rsn7g/global_automotive?w=4
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Related Topics: 3D Printing
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