Additive Manufacturing Opportunities in the Automotive Industry: A Ten-Year Forecast - The automotive industry will exceed $870 million in 2019 going on to reach more than $1.8 billion by 2023

News provided by

Apr 07, 2015, 07:09 ET

DUBLIN, Apr. 02, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/kvss9m/additive) has announced the addition of the "Additive Manufacturing Opportunities in the Automotive Industry: A Ten-Year Forecast " report to their offering.

Automotive manufacturers were among the earliest adopters of additive manufacturing/3D printing (3DP) technology. SmarTech market analysis currently suggests that the revenues from 3DP equipment, materials and services sold into the automotive industry will exceed $870 million in 2019 going on to reach more than $1.8 billion by 2023.

Additive Manufacturing Opportunities in the Automotive Industry: A 10 Year Forecast is the latest report on advanced manufacturing from SmarTech. The report is authored by Senior Analyst Scott Dunham, a seasoned industry analyst in the 3D printing business, who has been covering the space for years. This report compliments SmarTech's report on additive manufacturing in the Aerospace from March 2014.

The rapid advancement in adoption of 3DP/AM has led SmarTech to create a specific customer adoption model for 3D printing in the automotive industry to provide a template to track how the automotive industry is advancing its use of the technology. This report contains granular ten-year forecasts of additive automotive revenues, which are based on this sophisticated analysis.

The report also discusses the revenue generation that will occur as the automotive industry makes its journey from 3DP prototyping to 3DP rapid manufacturing. It also includes a market analysis and forecast of the 3DP materials that will be consumed by the automotive industry over the coming decade, as well as an assessment of the impact of 3DP on the automotive supply chain.

Report Extract:

The automotive industry is the leading producer of 3D printed prototype parts, with several manufacturers producing over 100,000 prototype parts and additively manufactured molds per year.

Until recently the automotive industry has seemed content with using the technology for low volume prototypes. However, over the past three years, a variety of leading automotive manufacturers have greatly advanced their use of 3DP technology, both in print volumes and by moving 3D printing into more significant roles within the greater manufacturing environment.

These leaders are bringing the rest of the industry with them into the next evolution of 3D printing in automotive. Revenues from the sale of 3D printers to the automotive industry will reach $586 million by 2019.

Naturally, higher print volumes also mean a rapid increase in materials revenues generated from the use of 3D printers from the automotive industry, which will reach $376 million by 2019. Thermoplastics and photopolymers continue to the lead the way in material revenues, however by pure volume sand will grow at a very rapid pace for the production of sand molds to cast test parts for engine development.

Other applications in automotive are also showing promising developments, including a significant amount of development and research from startups related to cars made from a majority of 3D printed parts. Meanwhile, the laggards in the automotive is quickly move to catch up to the latest trends in manufacturing, and leaders expand their in-house fleets of printers to accommodate more and more advanced functional and conceptual prototypes.

Key Topics Covered:

Chapter One: Introduction
1.1 History of 3D Printing in the Automotive Industry
1.2 Evolution of 3D Printing in Automotive: Beyond Prototyping
1.3 Objective and Scope of this Report
1.4 Methodology of this Report
1.5 Plan of this Report

Chapter Two: Rapid Prototyping Applications in the Automotive Industry
2.1 Conceptual Value Propositions for Rapid Prototyping in Automotive
2.2 Function Value Propositions for Rapid Prototyping in Automotive
2.3 Supply Chain Value Propositions for Rapid Prototyping in Automotive
2.4 Concept Models Versus Functional Prototypes
2.5 Improvements for Automotive Prototyping Coming Down the Pipeline
2.6 Key Points from This Chapter

Chapter Three: Additive Manufacturing of End Use Parts & Tooling in the Automotive Industry
3.1 Requirements for Additive Manufacturing of End Use Parts
3.2 Applying Additive Manufacture of End Use Parts to Automotive
3.3 Current Use Cases for Additive Manufacture of End Use Components in Automotive
3.4 Future Uses and Business Models for Additive Manufacturing in Automotive
3.5 Trends in Automotive Additive Manufacturing of End Use Parts
3.6 Opportunities for Large Format Sand 3D Printing of Rapid Tooling in Automotive
3.7 Challenges for Additive Manufacturing in Automotive
3.8 Key Points From This Chapter

Chapter Four: 3D Printing Materials in the Automotive Industry
4.1 Thermoplastics
4.2 Photopolymers
4.3 Powdered Composites for Binder Jetting
4.4. Metal Powders and Other Metal Materials
4.5 Other Materials Used in 3D Printing Automotive
4.6 New Material Trends in the Automotive Industry
4.7 Key Points From This Chapter

Chapter Five: Market Dynamics for 3D Printing in Automotive (Manufacturers, Service Providers, and End Users)
5.1 Leading 3D Printer Manufacturers in Automotive
5.2 Leading 3D Printing Service Providers in Automotive
5.3 Leading End Users of 3D Printing in Automot

Chapter Six: Market Outlook and Ten-Year Forecast of 3D Printing in the Automotive Sector
6.1 Forecasting Methodology
6.2 Forecast Assumptions and Trends
6.3 Total Additive Automotive Market Opportunity
6.4 Ten Year Forecasts of 3D Printing Hardware in the Automotive Industry
6.5 Ten Year Forecasts of 3D Printing Materials in the Automotive Industry
6.6 Ten Year Forecasts of 3D Printing Services & Software in the Automotive Industry

Companies Mentioned

- 3D Systems
- BMW Group
- EOS
- ExOne
- Ford Motor Company
- Materialise
- Opel
- Solid Concepts/Stratasys
- Stratasys
- voxlejet

For more information visit http://www.researchandmarkets.com/research/kvss9m/additive