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(Construction.IndustryNews247.Com, February 06, 2018 ) Envision Inteligence estimates that Global Automotive 3D Printing market is projected to reach $ 2851.2 million by the end of 2024 with a CAGR of 19.95% from $762.5 million in 2018.
Introduction:
Manufacturing the 3D models with the help of the specially designed printers lead the markets of 3D printing to explore around the globe, as the manufacturers are trying to minimize the material usage and reduce the costs & time. Acceptance of 3D printing technology by automotive manufacturers, well-organized logistics management and customization of products are accelerating this market related to the automotive 3D printing.
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The growth of the automotive 3D printing markets is accelerated by the rapid prototyping and growing need for innovative designs.The 3D printers are employed for the prototyping for cost efficiency and time-saving purpose. As this is owing to the high visibility, they are used to validate the component effectively as original equipment manufacturers (OEMs) are experimenting for clear plastic production. Due to increase in the allocation of companies on the latest technology and the environmentally friendly production, the advancement in software and technology and rapid growth in terms of the 3D printer performance, printing cars, and the printing components. All these perspectives are making the 3D printing market dominant with the CAGR of 19.95%. around the globe.
Key players in the market include:
• 3D Systems Inc. • Auto desk Inc. • Stratasys Inc. • The ExOne Company • Arcam AB
Reasons to buy this report:
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years. • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries. • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain. • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market. • A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report. • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
Related Reports:
Europe Automotive Parts Magnesium Die casting market:https://www.envisioninteligence.com/industry-report/europe-automotive-parts-magnesium-die-casting-market/
Asia-Pacific Automotive Parts Magnesium Die Casting market:https://www.envisioninteligence.com/industry-report/asia-pacific-automotive-parts-magnesium-die-casting-market/
North America Automotive Parts Aluminium Die Casting market:https://www.envisioninteligence.com/industry-report/north-america-automotive-parts-aluminium-die-casting-market/
ABOUT US
Envision Inteligence is the main supplier of market analysis reviews, customized consulting, information analytics and trade evaluation. Our purpose is to offer the accurate and precise data required by the stakeholder on the proper level of time, in a format, which assists in making the optimized business decisions, and to stay ahead among all the competitors in the associated markets.
Contact us: Sales Team Sales@envisioninteligence.com Phone number: +1 408-963-0099 Web: www.envisioninteligence.com
Envision Inteligence
Bharadwaj Oruganti
1-408-963-0099
bharadwaj@envisioninteligence.com
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