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Automotive 3D Printing Market Share

Report ID: GMI11257
Published Date: Sep 2024
Report Format: PDF

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Automotive 3D Printing Market Share

HP, Stratasys, and Renishaw are leading companies in the automotive 3D Printing industry, collectively commanding a share of 39% in 2023. These leading companies are strategically focusing on enhancing their technology and expanding their market presence. Their strategies involve investing in advanced 3D printing technologies and materials to improve the quality, speed, and cost-efficiency of manufacturing processes. These companies are further forging partnerships with automotive manufacturers to develop customized solutions and applications for prototyping, production, and tooling. Through continuous innovation and strategic collaborations, these companies aim to maintain their leadership position and drive growth in the automotive 3D printing sector.

Automotive 3D Printing Market Companies

Major players operating in the automotive 3D printing industry are:

3D Systems
Formlabs
HP
Materialise
Nikon SLM
Renishaw
Stratasys

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for automotive 3D printing was valued at USD 4.7 billion in 2023 and is projected to register 14.2% CAGR from 2024 to 2032 driven by the rising demand for customization in vehicle design.

The hardware segment in the automotive 3D printing market held 66% share in 2023 driven by the increasing adoption of advanced 3D printers and printing technologies.

North America market held 38% share in 2023, due to its advanced technology adoption and strong automotive industry presence.

3D Systems, Formlabs, HP, Materialise, Nikon SLM, Renishaw, and Stratasys