Skip to content

Opportunities for Automotive Additive Manufacturing 2018-2023

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

Automotive industry stakeholders worldwide are now racing toward full industrialization and integration of the AM process within their end-to-end production workflow, beginning with software and materials, passing through the AM hardware, and ending with services and a growing number of possible applications. 3D printing is thus well positioned to expand its use as the primary technology for automotive prototyping as well as tooling, while also establishing a stronger than ever opportunity for serial and mass customized part production.

We expect the overall market for AM in automotive to grow to an impressive $12.4 billion US by 2028 (growing at 24.8% CAGR). This growth will be driven in the short and medium term by increasing adoption and use of 3D printing for prototyping and tooling.

Click here to view the report.