Thursday, March 19, 2020

Automotive 3D Printing Market to Witness an Outstanding Growth during 2019-2030 – 3D Systems, Stratasys, Materialise

3D printing, also known as Additive Manufacturing (AM), is a process of building 3-dimensional solid objects using different types of technologies and materials. In the automotive industry, 3D printing is commonly used to develop functional prototypes, manufacture small & complex parts of vehicles, and develop specific tools and R&D activities. Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM), Electron Beam Melting (EBM), Stereolithography (SLA), and polyJet, among others, are the most popular 3D printing technologies present in the automotive industry. Polymers are the most used materials in automotive 3D printing over metals, resins, wax, and ceramics. Stratasys, Protolab, 3D Systems, Materialise, Exone, SLM Solutions, and PRODWAYS GROUP are some of the major players present in the market.
Market Industry Reports (MIR) has published a new report titled “Automotive 3D Printing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global automotive 3D printing market is estimated to account for US$ 1,351.Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM), Electron Beam Melting (EBM), Stereolithography (SLA), and Poly Jet million in 2019. The market is anticipated to grow at a CAGR of 21.38% from 2019 to 2030.
Major Key Players of the Automotive 3D Printing Market are:3D Systems, Stratasys, Materialise, ExOne, Voxeljet, SLM Solutions, and Autodesk Inc., Renishaw plc, Höganäs AB and HP Development Company, L.P. among others.

No comments:

Post a Comment