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This report provides in depth study of “3D Printing in Automotive Market Size” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Licorice Candy Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
This report has a complete understanding of market value and quantity, technological progress, macro-economic and governmental policy based on past and present data along with the current and upcoming trends in the market.
This report provides valuable information for companies like manufacturers, suppliers, distributors, traders, customers, investors and individuals who have interests in this industry.
Increasing research and development activities and innovations is strengthening the automotive industry worldwide. With a huge capital investment in automotive technology, several manufacturers are focusing on light weight vehicles to decrease the fuel consumption and low emission. Among all the R&D activities, 3D printing in automotive has come up with a rapid pace and gaining attention in the global automotive industry.
Segmentation
The global 3D Printing in Automotive Market Size is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Brake Type : Comprises Disc and Drum
Segmentation by Brake System : Comprises ABS, TCS, ESC, and Others
Segmentation by Vehicle Type : Comprises Passenger Cars and Commercial Vehicles
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Over the past few years, the precedence of 3D printing in automotive has gained a positive impression among the manufacturers due to its several driving factors such as light weight body material, increasing investment, huge spending on research and development and technological innovations. Due to these driving factors, the global market for 3D printing in automotive industry is increasing at a rapid pace with a surge in demand. Moreover, the manufacturers such as Local Motors, Honda and others have released several 3D printed cars and those cars had gained a much attention in the global market. This types of moves in the automotive industry boost the value in the market. As per MRFR analysis, the global market for 3D printing in automotive is expected to reach USD 2,512.3 million by 2023 with a CAGR of 26.2%.
The prominent players in the 3D Printing in Automotive Market Size include Autodesk, 3D Systems, Inc, Stratasys Ltd, Arcam AB, EnvisionTEC, Inc, Exone, Voxeljet AG, Local Motors, Ponoko Ltd, Optomec, Inc and among others.
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