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3D Printing in Automotive Global Market
There has been significant advancement in the manufacturing technology majorly in additive commonly known as
3D printing. 3D printing has changed the way of producing the products majorly in design, development, and
distribution. The advancement in technology have opened ways for automotive manufacturers to introduce new
design, cleaner products, lighter, and safe products. The OEM’s and suppliers are primarily focusing on additive
manufacturing for developing rapid prototype. The development of 3D priming will enable the automotive
manufacturers to innovate their products in order to compete in the market.
There are various driving factors for the use of additive manufacturing which includes product innovation, supply
chain transformation, and advancement in technology. The traditional method of designing automotive components
often had some registration in manufacturing process. It is necessary to have flexibility in the manufacturing process
which is provided by 3D printing. The additive manufacturing technologies increasing produces multimaterial printed
parts with properties such as strength and electrical conductivity. The technology provides development of
automotive component in faster and safer way. This will boost the demand for 3D printing in auto0motive market.
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Autodesk, 3D Systems, Inc, Stratasys Ltd, Arcam AB, EnvisionTEC, Inc, Exone, Voxeljet AG, Local Motors, Ponoko
Ltd, Optomec, Inc and among others, and others are some of the prominent players profiled in MRFR Analysis and
are at the forefront of competition in the global 3D Printing in Automotive market.
The most important aspect in automotive industry is to develop light weight component in order to increase the
efficiency of the vehicles and reduce the fuel consumption. The automotive industry makes use of complex
engineering techniques to be used in order to reduce the weight and improve the performance. The additive
manufacturing makes use of lightweight polymers and metals to develop various automotive products.
3D printing offers various distinct benefits such as mass customization, new capabilities, shorter lead and speed
time, simplifying supply chain, and waste reduction. This benefits will enable the automotive manufacturers to meet
the specific standard as amended by the government. This will increase the demand for 3D printing in automotive.
3D printing technology has a great impact on supply chain side affecting manufacturing, inventory cost, and lead
times. The 3D printing can help to meet the demand of the consumers when there is long lead time. They can be
used in centralized as well as decentralized network.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global 3D Printing in Automotive market are that of new
product development.
In 2018, Autodesk launched Advanced Manufacturing Facility (AMF) in U.K to develop newest products.