Home › News Updates › MarketsandMarkets Highlighted as a Key Source for 3D Printing Automotive Market by 3D Print.Com
3D Print.com has mentioned MarketsandMarkets as a major source for their article on 3D printing automotive market.
3D printing market has seen an exponential rise over the past few years. It is majorly used in industries such as automotive, defense, and aerospace. The increasing adoption of 3D printing in automotive sector is poised to have many advantages such as reduced time and cost in product development, innovative designs, and high adaptability levels, among others. While North America is the largest market for 3D printing in automotive, currently, Europe is estimated to hold the largest market share by 2020, growing at a CAGR of 30.29%. The value of the worldwide market for 3D printing in automotive is expected to reach $1.56 Billion by 2020, advancing at a CAGR of 26.58%.
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Report mentioned in the above news is,
3D Printing Automotive Market by Technology (SLA, SLS, FDM, EBM, LOM, 3DIP), Materials (Metals, Polymers), Application (Prototyping & Tooling, R&D, Manufacturing), and by Region - Global Trends and Forecast to 2020
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