As per research findings of Market Industry Reports (MIR), new product launches, favorable regulations, and ongoing R&D activities in emerging countries are opening new growth opportunities for stakeholders. Rising adoption of 3D printing in manufacturing of various automotive components is the prime factor driving market growth. For instance, BMW is extensively using HP’s Multi Jet Fusion 3D technology to manufacture the window guide rail for its BMW i8 Roadster.

New York, NY -- (SBWire) -- 03/09/2020 --3D printing materials will play a pivotal role in driving the 3D printing industry during the forecast period. Many key players have been investing more in 3D printing material to provide better solutions. For instance, in 2019, Polymaker launched three new polycarbonate-based 3D printing materials (Polymaker PC-ABS, Polymaker PC-PBT, and PolyMax PC-FR) in association with Covestro.

At the current stage, high costs associated with 3D printing and lack of skilled labor and standardization are hindering the large-scale adoption of the technology.

For Free Sample:https://www.marketindustryreports.com/pdf/167

From the regional perspective, North America accounted for the highest market share due to various automotive OEMs adopting 3D printing technology including General Motors, Ford, and others. The Asia Pacific region is anticipated to grow rapidly during the forecast period (2019-2030). China & India have been prominent markets for the development of automotive parts & vehicles owing to the enormous growth of the automotive sector accompanied by abundant engineering & technological capabilities.

The global automotive 3D printing market is governed by prominent players such as 3D Systems, Inc., Stratasys Ltd., Materialise, ExOne, Voxeljet, SLM Solutions, Autodesk Inc., Renishaw plc, Höganäs AB, and HP Development Company, L.P., among others.

For deep-rooted insights on this topic, please visit https://www.marketindustryreports.com/automotive-3D-printing-market/167

MARKET ECOSYSTEM/CLASSIFICATION

By Technology
-Selective Laser Sintering (SLS)
-Fused Deposition Modeling (FDM)
-Electron Beam Melting (EBM)
-Stereolithography (SLA)
-Poly Jet
-Others

By Application
-Prototyping and Tooling
-Manufacturing
-R&D Activities

REASONS TO BUY THE REPORT:
-Deep-rooted quantitative and qualitative insights at the segment and sub-segment levels
-Global insights with country level information
-Comprehensive insights on market dynamics and the business environment
-Exhaustive coverage of the competitive landscape
-Insights on 'Key Strategies' followed by leading market players
-Access to 'Latest Strategic Developments' registered by leading market players

CUSTOMIZATION OPTIONS:
-Key Suppliers List
-Key Distributors List
-Pricing Assessment
-Free addition of 'Company Profiles'

About Market Industry Reports
Market Industry Reports is a global leader in market measurement and advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics and hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

CONTACT US:
2nd Floor, Manikchand Ikon,
B-Wing, Dhole Patil Road,
Sangamwadi, Pune 411 001
sales@marketindustryreports.com
+1 347 767 5477 (US)
+44 131 463 4161 (UK)
+ 91 8956 767 535 (IN)