Automotive and Transportation Automotive 3D Printing Market Report | Page 2

Automotive 3D Printing Market
The global automotive 3D printing market is expected to observe an extensive growth in the coming years, due
to factors such as reduction in lead time in production, low operational cost, design flexibility, proficient use of
raw materials, and ease of customization. In addition, continuous technological advancements, growing
manufacturers’ focus on product quality, and growing demand for precision machined components are expected
to benefit the market. Apart from this, availability of entry-level low-cost 3D printers is anticipated to have a
positive impact on the market’s growth.
On the basis of component, the automotive 3D printing market is categorized into technologies, materials, and
services. During the forecast period, the market is anticipated to witness the fastest growth in the category of
technologies. The category is further classified into stereolithography (SLA), selective laser sintering (SLS),
electron beam melting (EBM), fused deposition modeling (FDM), laminated object manufacturing (LOM), and
others. Among these, SLA is anticipated to play major role in the growth of the market in the coming years as it
has enhanced speed and techniques for designing and manufacturing objects, thereby reducing prototyping
time and benefiting various industries significantly.
P&S Intelligence