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(Construction.IndustryNews247.Com, February 06, 2018 ) Envision Inteligence estimates that North America Automotive 3D Printing market is projected to reach $ 2854.2 million by the end of 2024 with a CAGR of 19.98% 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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Owing to the early adoption and the awareness of the technology, North America is dominating the markets related to the automotive 3D Printing. In particular, U.S. dominates the markets of 3D printing in North America. Growth in automotive production and the well-organized logistics management and customization results in the increase in adoption of 3D printing in these regions during the forecast period. Based on the Industrial analysis North America dominated automotive 3D printing components with 58% market share, in terms of revenue. Further, based on technology, the stereolithography led the global market with 35% market share followed by fused deposition modeling (31%) in the year 2018. Polymers led the material segment in the year 2018.
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.
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Asia-Pacific Automotive Parts Magnesium Die Casting market:https://www.envisioninteligence.com/industry-report/asia-pacific-automotive-parts-magnesium-die-casting-market/
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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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