Additive Manufacturing Automotive Forecast ($millions)

SmarTech’s latest additive manufacturing automotive forecast sees the market reaching $5.3 billion in 2023 then climbing to $12.6 billion in 2023.

With over 12 billions in expected global yearly revenues by 2028, adoption by the automotive segment for production is going to mark an inflection point for AM.
This is now taking place. Although it will take many more years for widespread adoption, I expect final parts production to become the primary revenue opportunity by the ned of the forecast period, surpassing prototyping, tooling, hardware and materials.
Major new hardware is now focusing on part production specifically for automotive: multijet fusion (HP), digital light synthesis (Carbon) as well as metal binder jetting projects from Desktop Metal, GE, HP and Stratasys.
Major automotive OEM have formed partnership with AM hardware OEM focusing on part production.
New generation software is enabling both optimized part design for AM and AM integration into the end-to-end production workflow.

Ten Year Revenues for Additive Manufacturing of Precious Metals and Parts Produced ($USM) 2017 – 2028

SmarTech Publishing has just issued a new report that examines the current market for precious metal alloys in additive manufacturing (AM). SmarTech expects the overall market for precious alloys in AM to become a major segment in metal 3D printing, with materials revenues alone topping $250 million by 2028 and overall PMAM related revenues nearing $2 billion at the end of the 10-year forecast period.

Ceramics Additive Manufacturing Market Forecasts

SmarTech projects the yearly value of additive manufactured parts in several segments of industrial manufacturing and end-use consumer products to surpass $2 billion by 2027, driving the overall Ceramics AM segment to over $3 billion in generated revenues and value, including AM hardware, materials and services.