Automotive is a massive industry which changes with time, as the manufacturers are trying to minimise the material usage and reduce the costs & time. Therefore 3D printing market is exhibiting the wide applications within the automotive industry. This technology is used to produce the light, complex parts and accessories and is known for their effective logistics management and efficient use of materials. Many companies are dealing with this 3D printers and are expected to grow shortly.
APAC Automotive 3D Printing Market Size & Growth:
APAC Automotive 3D printing market is valued at $759.5 million in 2018 and estimated to reach a value of $2846.2 million in 2024 at CAGR of 19.86 %. Key points like acceptance of 3D printing technology by automotive manufacturers, well-organised logistics management and customisation of products are accelerating this market, and the factors like high cost of 3D printers and lack of uniform process
APAC Automotive 3D Printing Market Share:
APAC Automotive 3D printing market is classified by technology, by raw material, by application, and by geography. By technology, they are segmented as Fused deposition modelling (FDM), Selective laser sintering (SLS), Selective laser melting (SLM), Digital light processing (DLP), Electronic beam melting (EBM), Stereolithography (SLA). By raw material, they are segmented as plastic, polymer, and others. By application, they are segmented as Prototyping/R&D and production. By geography, they are segmented as China, Japan, India, Australia & New Zealand and others.
APAC Automotive 3D Printing Market Trends:
APAC Automotive 3D Printing Market Research Reports Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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